What HUD offices serve Pismo Beach, 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.
Go to the California Public Housing and Low-Income Apartments Waiting Lists page for openings near Pismo Beach.
How many renters live in Pismo Beach, California?
The City of Pismo Beach has people living in households.
There are renters living in renter households in this City. Renters make up 33.22 percent of the population living in Pismo Beach.
What is the rental market like in Pismo Beach, California?
There are an estimated housing units in the Pismo Beach area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Pismo Beach, California, there are 1.19 rental units.
What is the vacancy rate for rentals in Pismo Beach?
The rental vacancy rate in Pismo Beach is 16 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.
How many rental units are in Pismo Beach for each bedroom size?
Occupied Rental Units by Size in Pismo Beach
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 99 | 266 | 815 | 266 | 8 |
Occupied Rental Units by Size in Pismo Beach
A large number of apartments in Pismo Beach have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in Pismo Beach
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,541 to $3,465. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,541 |
| One BR | $1,731 |
| Two BR | $2,274 |
| Three BR | $3,045 |
| Four BR | $3,465 |
2024 Fair Market Rents in Pismo Beach, California
How many units are rented at Fair Market Rent (FMR) in Pismo Beach?
Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.
These are the approximate number of units renting below the FMR in this market:
| Unit Size | Count of Units Below FMR | Percentage of Total Units Below FMR |
| Studio | 52 | 53 percent |
| One BR | 130 | 49 percent |
| Two BR | 60 | 7 percent |
Rental Units Below FMR in Pismo Beach, California
How many affordable rental units are in Pismo Beach?
There are a variety of federal affordable housing programs serving households in Pismo Beach, California including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit |
Tracked Units by Federal Program in Pismo Beach, California
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Pismo Beach, California
Pismo Beach 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 Pismo Beach, California
There are 14 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Pismo Beach.
Housing Choice Vouchers in Pismo Beach, California
On average, Section 8 Housing Choice vouchers pay Pismo Beach landlords $900 per month towards rent. The average voucher holder contributes $300 towards rent in Pismo Beach.
The maximum amount a voucher would pay on behalf of a low-income tenant in Pismo Beach, California for a two-bedroom apartment is between $2,047 and $2,501.
Sourced from federal housing data and AffordableHousingOnline.com research.