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Affordable Housing In Pine Canyon
Monterey County, California

Housing Authorities that serve Pine Canyon

Housing Authority Programs
Housing Authority of the County of Monterey Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Pine Canyon, California

There are 0 low income housing apartment communities offering 0 affordable apartments for rent in Pine Canyon, California.

Income Based Apartments in Pine Canyon, California

Pine Canyon features 0 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 Pine Canyon, California

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Pine Canyon.

Housing Choice Vouchers in Pine Canyon, California

On average, Section 8 Housing Choice vouchers pay Pine Canyon landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Pine Canyon.

The maximum amount a voucher would pay on behalf of a low-income tenant in Pine Canyon, California for a two-bedroom apartment is between $1,629 and $1,991.

2020 Pine Canyon, 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
Fair Market Rent $1,334 $1,467 $1,810 $2,606 $2,834
Payment Standard Range $1,201 to $1,467 $1,320 to $1,614 $1,629 to $1,991 $2,345 to $2,867 $2,551 to $3,117

Sourced from federal housing data and research.

Pine Canyon, CA Affordable Housing Snapshot

Total Affordable Apartment Properties 0
Total Low Income Apartments 0
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 8.69%
Average Renter Household Size 4.57
Average Household Size 3.30
Median Household Income $57,424 ±$20,726
Median Rent $1,125 ±$491
Percentage Of Renters Overburdened 65.31% ± 64.13pp
Total Population 1,866

Population and Household Demographics

Pine Canyon is a city in Monterey County, California with a population of 1,866. There are 564 households in the city with an average household size of 3.30 persons. 8.69% of households in Pine Canyon are renters.

Income and Rent Overburden in Pine Canyon

The median gross income for households in Pine Canyon is $57,424 a year, or $4,785 a month. The median rent for the city is $1,125 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Pine Canyon, a household making less than $3,750 a month would be considered overburdened when renting an apartment at or above the median rent. 65.31% of households who rent are overburdened in Pine Canyon.

Area Median Income In Pine Canyon

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 Pine Canyon, the AMI is calculated from all households within Monterey County.

In Pine Canyon, HUD calculates the Area Median Income for a family of four as $81,600

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 Pine Canyon

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 Pine Canyon

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $20,350 $23,250 $26,150 $29,050 $31,400 $35,160 $39,640 $44,120
50% of Median $33,950 $38,800 $43,650 $48,450 $52,350 $56,250 $60,100 $64,000
80% of Median $54,250 $62,000 $69,750 $77,500 $83,700 $89,900 $96,100 $102,300