What HUD offices serve Pleasanton, 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 Pleasanton.
How many renters live in Pleasanton, California?
The City of Pleasanton has 76,689 people living in 29,870 households.
There are 19,454 renters living in 9,370 renter households in this City. Renters make up 25.37 percent of the population living in Pleasanton.
What is the rental market like in Pleasanton, California?
There are an estimated 28,894 housing units in the Pleasanton area. Of these, 9,436 units are rental homes, making up 33 percent of the housing market. For every renter household in Pleasanton, California, there are 1 rental units.
What is the vacancy rate for rentals in Pleasanton?
The rental vacancy rate in Pleasanton is 5 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.
How many rental units are in Pleasanton for each bedroom size?
Occupied Rental Units by Size in Pleasanton
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
522 | 2,515 | 3,603 | 1,497 | 616 |
Occupied Rental Units by Size in Pleasanton
A large number of apartments in Pleasanton have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How many renter households in Pleasanton are overburdened by housing costs?
Among renter households in this market, 44 percent have housing cost burden. Further, 22 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.
The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.
How Much Is Rent in Pleasanton
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,825 to $3,954. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $1,825 |
One BR | $2,131 |
Two BR | $2,590 |
Three BR | $3,342 |
Four BR | $3,954 |
2024 Fair Market Rents in Pleasanton, California
How many units are rented at Fair Market Rent (FMR) in Pleasanton?
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 | 134 | 26 percent |
One BR | 785 | 31 percent |
Two BR | 253 | 7 percent |
Rental Units Below FMR in Pleasanton, California
How many affordable rental units are in Pleasanton?
There are a variety of federal affordable housing programs serving households in Pleasanton, California including the following:
Federal Program | Unit Count |
Low Income Housing Tax Credit | 543 |
Section 8 Project-Based Rental Assistance | 33 |
Tracked Units by Federal Program in Pleasanton, California
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Pleasanton, California
Pleasanton features 386 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 Pleasanton, California
There are 434 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Pleasanton.
Housing Choice Vouchers in Pleasanton, California
On average, Section 8 Housing Choice vouchers pay Pleasanton landlords $1,800 per month towards rent. The average voucher holder contributes $500 towards rent in Pleasanton.
The maximum amount a voucher would pay on behalf of a low-income tenant in Pleasanton, California for a two-bedroom apartment is between $2,331 and $2,849.
Sourced from federal housing data and AffordableHousingOnline.com research.