Palo Alto, California Affordable Housing

Affordable Housing programs support 1,077 income based apartments in Palo Alto where households pay rent based on how much they earn.

There are 658 affordable apartments in Palo Alto that offer reduced rents to low-income households.

Waiting Lists in Palo Alto, California

There are no open Section 8 Housing Choice Voucher waiting lists in Palo Alto. Go to the California Section 8 Waiting Lists page for openings near Palo Alto.

Palo Alto Gardens

650 San Antonio Rd
Palo Alto, California
Income Based
1-3 BR
Affordable

Page Mill Court

2700 Ash St
Palo Alto, California
Income Based
1-2 BR
Rent Assisted
Accessible
Accessible
Disabled Supportive Housing

Wilton Court

3705 El Camino Real
Palo Alto, California
Call For Rent
Studio-1 BR
Accessible

Terman Apartments

4230 Terman Drive
Palo Alto, California
Call For Rent
1-3 BR
Rent Assisted

801 Alma

801 Alma St
Palo Alto, California
Call For Rent
1-3 BR
Affordable

Mayfield Place

2500 El Camino Real
Palo Alto, California
Call For Rent
1-3 BR
Affordable

Colorado Park Apartments

1141 Colorado Ave
Palo Alto, California
Rent Assisted

Stevenson House

455 E Charleston Rd
Palo Alto, California
Rent Assisted
62+
Accessible
Elderly Supportive Housing

Webster Wood

941 Webster St
Palo Alto, California
Rent Assisted

Arastradero Park Apartments

574 Arastradero Rd
Palo Alto, California
Rent Assisted
Showing Results 1-10

Affordable Housing Near Palo Alto

View affordable apartments and waiting lists in cities near Palo Alto

City Apartments
San Jose, CA Affordable Housing programs support 176 apartment communities in San Jose.
Gilroy, CA Affordable Housing programs support 24 apartment communities in Gilroy.
Morgan Hill, CA Affordable Housing programs support 20 apartment communities in Morgan Hill.
Santa Clara, CA Affordable Housing programs support 18 apartment communities in Santa Clara.
Sunnyvale, CA Affordable Housing programs support 17 apartment communities in Sunnyvale.

Public Housing Agencies Serving Palo Alto, California

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Housing Authority Programs
San Jose City Housing Authority Section 8 Housing Choice Voucher (HCV)
Santa Clara County Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Moving to Work
Go to the California Public Housing and Low-Income Apartments Waiting Lists page for openings near Palo Alto.

Palo Alto, California Affordable Housing Data

Income Based Apartments in Palo Alto, California

Palo Alto features 1,077 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Palo Alto, California

There are 658 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Palo Alto.

Housing Choice Vouchers in Palo Alto, California

On average, Section 8 Housing Choice vouchers pay Palo Alto landlords $1,700 per month towards rent. The average voucher holder contributes $400 towards rent in Palo Alto.

The maximum amount a voucher would pay on behalf of a low-income tenant in Palo Alto, California for a two-bedroom apartment is between $2,647 and $3,235.

2023 Palo Alto, California Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Palo Alto, California Fair Market Rent $2,223 $2,513 $2,941 $3,750 $4,202
Palo Alto, California Payment Standard Range $2,001 to $2,445 $2,262 to $2,764 $2,647 to $3,235 $3,375 to $4,125 $3,782 to $4,622

Sourced from federal housing data and AffordableHousingOnline.com research.

Palo Alto, CA Affordable Housing Snapshot

Total Affordable Apartment Properties 20
Total Low Income Apartments 1,793
Total Housing Units with Rental Assistance 1,077
Percentage of Housing Units Occupied By Renters 44.96%
Average Renter Household Size 2.30
Average Household Size 2.53
Median Household Income $136,519 ±$9,592
Median Rent $2,210 ±$77
Percentage Of Renters Overburdened 38.37% ± 3.79pp
Total Population 66,478

Population and Household Demographics

Palo Alto is a city in Santa Clara County, California with a population of 66,478. There are 26,087 households in the city with an average household size of 2.53 persons. 44.96% of households in Palo Alto are renters.

Income and Rent Overburden in Palo Alto

The median gross income for households in Palo Alto is $136,519 a year, or $11,377 a month. The median rent for the city is $2,210 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Palo Alto, a household making less than $7,367 a month would be considered overburdened when renting an apartment at or above the median rent. 38.37% of households who rent are overburdened in Palo Alto.

Area Median Income In Palo Alto

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Palo Alto, the AMI is calculated from all households within Santa Clara County.

In Palo Alto, HUD calculates the Area Median Income for a family of four as $168,500

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Palo Alto

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Palo Alto

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Palo Alto AMI may qualify for rental assistance programs that target Extremely Low Income households.
$35,400 $40,450 $45,500 $50,550 $54,600 $58,650 $62,700 $66,750
50% AMI Income Limits
Renters earning up to 50% of the Palo Alto AMI may qualify for rental assistance programs that target Very Low Income households.
$59,000 $67,400 $75,850 $84,250 $91,000 $97,750 $104,500 $111,250
80% AMI Income Limits
Renters earning up to 80% of the Palo Alto AMI may qualify for rental assistance programs that target Low Income households.
$92,250 $105,400 $118,600 $131,750 $142,300 $152,850 $163,400 $173,950