Low Income Apartments and Affordable Housing For Rent in San Carlos, CA

Discover affordable housing in San Carlos 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.

Laureola Oaks

907 E San Carlos Ave, San Carlos, California 94070

bed 1-3
switch_access_shortcut Short Wait
accessibility Accessible

Walnut Studios

817 Walnut St., San Carlos, California 94070

bed Studio
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

1052 Springfield Dr Unit ADU

1052 Springfield Dr Unit ADU, San Carlos, California 94070

bed 1
payment $2750/mo.

How To Identify Affordable Housing in San Carlos, 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.
calendar_today Opened: Sep 1
Open Until Further Notice
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Reported On February 23rd, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In San Carlos, 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 San Carlos, California Affordable Housing ↓

What HUD offices serve San Carlos, 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), Moving to Work programs for San Carlos, California.

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

How many renters live in San Carlos, California?

The City of San Carlos has people living in households.

There are renters living in renter households in this City. Renters make up 25.74 percent of the population living in San Carlos.

What is the rental market like in San Carlos, California?

There are an estimated housing units in the San Carlos area. Of these, units are rental homes, making up percent of the housing market. For every renter household in San Carlos, California, there are 1.11 rental units.

What is the vacancy rate for rentals in San Carlos?

The rental vacancy rate in San Carlos is 10 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 San Carlos for each bedroom size?

Occupied Rental Units by Size in San Carlos
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
275 1,055 1,437 571 84
Occupied Rental Units by Size in San Carlos

A large number of apartments in San Carlos 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 San Carlos

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 San Carlos, California

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

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 47 17 percent
One BR 93 9 percent
Two BR 58 4 percent
Rental Units Below FMR in San Carlos, California

How many affordable rental units are in San Carlos?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Section 8 Project-Based Rental Assistance
Tracked Units by Federal Program in San Carlos, California

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

Income Based Apartments in San Carlos, California

San Carlos 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 San Carlos, California

There are 39 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in San Carlos.

Housing Choice Vouchers in San Carlos, California

On average, Section 8 Housing Choice vouchers pay San Carlos landlords $1,500 per month towards rent. The average voucher holder contributes $500 towards rent in San Carlos.

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

Sourced from federal housing data and AffordableHousingOnline.com research.

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