Low Income Apartments and Affordable Housing For Rent in Riverbank, CA

Discover affordable housing in Riverbank where there are 7+ 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.

Willow Pointe Apartments

6050 Venhaus Way, Riverbank, California 95367

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Riverbank Family Apartments

3952 Patterson Rd, Riverbank, California 95367

bed 2-4
payment $360/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Riverview Garden Apartments

2701 Topeka Street, Riverbank, California 95367

bed 1-2
payment $728-768/mo.
switch_access_shortcut Short Wait
elderly Senior
accessibility Accessible

Riverbank Central Apartments

6108 Claus Road, Riverbank, California 95367

bed 2-4
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

5311 Hadley Ct

5311 Hadley Ct, Riverbank, California 95367

bed 1
payment $1000/mo.

Riverbank Senior Apartments

3101 Orange Ave, Riverbank, California 95367

bed 1-2
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Scheela Apartments - Riverbank

3320 Sierra St, Riverbank, California 95367

payment Subsidized

How To Identify Affordable Housing in Riverbank, California

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Riverbank, California
$28.94/hour
$12.94 (+81%) more than California minimum wage and $21.69 (+299%) more than the Federal minimum wage.
Learn More About Riverbank, California Affordable Housing ↓

What HUD offices serve Riverbank, 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 Public Housing programs for Riverbank, California.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Riverbank, California.

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

How many renters live in Riverbank, California?

The City of Riverbank has people living in households.

There are renters living in renter households in this City. Renters make up 29.28 percent of the population living in Riverbank.

What is the rental market like in Riverbank, California?

There are an estimated housing units in the Riverbank area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Riverbank, California, there are 1.01 rental units.

What is the vacancy rate for rentals in Riverbank?

The rental vacancy rate in Riverbank is 1 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 Riverbank for each bedroom size?

Occupied Rental Units by Size in Riverbank
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
117 320 479 906 186
Occupied Rental Units by Size in Riverbank

A large number of apartments in Riverbank 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 Riverbank

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,143 to $2,536. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,143
One BR $1,188
Two BR $1,528
Three BR $2,153
Four BR $2,536
2024 Fair Market Rents in Riverbank, California

How many units are rented at Fair Market Rent (FMR) in Riverbank?

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 89 76 percent
One BR 280 88 percent
Two BR 321 67 percent
Rental Units Below FMR in Riverbank, California

How many affordable rental units are in Riverbank?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Riverbank, California

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

Income Based Apartments in Riverbank, California

Riverbank features 157 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 Riverbank, California

There are 157 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Riverbank.

Housing Choice Vouchers in Riverbank, California

On average, Section 8 Housing Choice vouchers pay Riverbank landlords $600 per month towards rent. The average voucher holder contributes $500 towards rent in Riverbank.

The maximum amount a voucher would pay on behalf of a low-income tenant in Riverbank, California for a two-bedroom apartment is between $1,375 and $1,681.

Sourced from federal housing data and AffordableHousingOnline.com research.

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