What HUD offices serve Reedley, 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 Reedley.
How many renters live in Reedley, California?
The City of Reedley has 25,248 people living in 6,952 households.
There are 11,390 renters living in 3,142 renter households in this City. Renters make up 45.11 percent of the population living in Reedley.
What is the rental market like in Reedley, California?
There are an estimated 7,320 housing units in the Reedley area. Of these, 3,175 units are rental homes, making up 43 percent of the housing market. For every renter household in Reedley, California, there are 1 rental units.
What is the vacancy rate for rentals in Reedley?
The rental vacancy rate in Reedley is 0 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 Reedley for each bedroom size?
Occupied Rental Units by Size in Reedley
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 44 | 340 | 1,643 | 977 | 95 |
Occupied Rental Units by Size in Reedley
A large number of apartments in Reedley 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 Reedley are overburdened by housing costs?
Among renter households in this market, 50 percent have housing cost burden. Further, 24 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 Reedley
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,149 to $2,330. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,149 |
| One BR | $1,157 |
| Two BR | $1,443 |
| Three BR | $2,033 |
| Four BR | $2,330 |
2024 Fair Market Rents in Reedley, California
How many units are rented at Fair Market Rent (FMR) in Reedley?
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 | 35 | 80 percent |
| One BR | 250 | 74 percent |
| Two BR | 1,445 | 88 percent |
Rental Units Below FMR in Reedley, California
How many affordable rental units are in Reedley?
There are a variety of federal affordable housing programs serving households in Reedley, California including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 339 |
| Public Housing | 20 |
| Section 8 Project-Based Rental Assistance | 60 |
| USDA Section 515 Rural Rental Housing | 139 |
Tracked Units by Federal Program in Reedley, California
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Reedley, California
Reedley features 232 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 Reedley, California
There are 80 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Reedley.
Housing Choice Vouchers in Reedley, California
On average, Section 8 Housing Choice vouchers pay Reedley landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in Reedley.
The maximum amount a voucher would pay on behalf of a low-income tenant in Reedley, California for a two-bedroom apartment is between $1,299 and $1,587.
Sourced from federal housing data and AffordableHousingOnline.com research.
