Low Income Apartments and Affordable Housing For Rent in Point Reyes Station, CA

Discover affordable housing in Point Reyes Station where there are 3+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Walnut Place Senior Housing Apartments

600 A St , Point Reyes Station, California 94956

Point Reyes Affordable Homes

12 Giacomini Rd, Point Reyes Station, California 94956

Point Reyes Apartments and Homes

857 Mesa Rd, Point Reyes Station, California 94956

Open Until Further Notice

Reported On February 23rd, 2024 by Lorena Bentley

Open Until Further Notice

Reported On February 23rd, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Point Reyes Station, California
$63.62/hour
$47.62 (+298%) more than California minimum wage and $56.37 (+777%) more than the Federal minimum wage.
Learn More About Point Reyes Station, California Affordable Housing ↓

What HUD offices serve Point Reyes Station, 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.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Point Reyes Station, California.

Go to the California Public Housing and Low-Income Apartments Waiting Lists page for openings near Point Reyes Station.

How many renters live in Point Reyes Station, California?

The City of Point Reyes Station has 383 people living in 240 households.

There are 125 renters living in 78 renter households in this City. Renters make up 32.64 percent of the population living in Point Reyes Station.

What is the rental market like in Point Reyes Station, California?

There are an estimated 399 housing units in the Point Reyes Station area. Of these, 119 units are rental homes, making up 30 percent of the housing market. For every renter household in Point Reyes Station, California, there are 2 rental units.

What is the vacancy rate for rentals in Point Reyes Station?

The rental vacancy rate in Point Reyes Station is 34 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 Point Reyes Station for each bedroom size?

Occupied Rental Units by Size in Point Reyes Station
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
24 31 23 0 0
Occupied Rental Units by Size in Point Reyes Station

A large number of apartments in Point Reyes Station 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 Point Reyes Station are overburdened by housing costs?

Among renter households in this market, 69 percent have housing cost burden. Further, 60 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 Point Reyes Station

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $2,292 to $4,473. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $2,292
One BR $2,818
Two BR $3,359
Three BR $4,112
Four BR $4,473
2024 Fair Market Rents in Point Reyes Station, California

How many units are rented at Fair Market Rent (FMR) in Point Reyes Station?

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 0 100 percent
One BR 0 100 percent
Two BR 0 100 percent
Rental Units Below FMR in Point Reyes Station, California

How many affordable rental units are in Point Reyes Station?

There are a variety of federal affordable housing programs serving households in Point Reyes Station, California including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 26
Section 8 Project-Based Rental Assistance 19
Tracked Units by Federal Program in Point Reyes Station, California

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Point Reyes Station, California

Point Reyes Station features 25 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 Point Reyes Station, California

There are 54 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Point Reyes Station.

Housing Choice Vouchers in Point Reyes Station, California

On average, Section 8 Housing Choice vouchers pay Point Reyes Station landlords $1,800 per month towards rent. The average voucher holder contributes $500 towards rent in Point Reyes Station.

The maximum amount a voucher would pay on behalf of a low-income tenant in Point Reyes Station, California for a two-bedroom apartment is between $3,023 and $3,695.

Sourced from federal housing data and AffordableHousingOnline.com research.