Affordable Housing In Stockton
San Joaquin County,
California
51 Low Income Apartment Communities In Stockton
Zettie Miller’s Haven Apartments
Housing Authorities that serve Stockton
| Housing Authority | Programs |
|---|---|
| Housing Authority of the County of San Joaquin | Section 8 Housing Choice Voucher (HCV); Public Housing |
Guide To Affordable Housing in Stockton, California
According to federal housing data and AffordableHousingOnline.com research, there are 51 low income housing apartment communities offering 4,805 affordable apartments for rent in Stockton, California. Stockton features 2,219 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 2,586 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Stockton.
Stockton, CA Affordable Housing Snapshot
| Total Affordable Apartment Properties | 51 |
|---|---|
| Total Low Income Apartments | 4,805 |
| Total Housing Units with Rental Assistance | 2,219 |
| Percentage of Housing Units Occupied By Renters | 50.98% |
| Average Renter Household Size | 3.17 |
| Average Household Size | 3.17 |
| Median Household Income | $44,797 ±$1,174 |
| Median Rent | $946 ±$13 |
| Percentage Of Renters Overburdened | 58.93% ± 1.79pp |
| Total Population | 299,722 |
Population and Household Demographics
Stockton is a City in San Joaquin County, California with a population of 299,722. There are 92,440 households in the city with an average household size of 3.17 persons. 50.98% of households in Stockton are renters.
Income and Rent Overburden in Stockton
The median gross income for households in Stockton is $44,797 a year, or $3,733 a month. The median rent for the city is $946 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Stockton, a household making less than $3,153 a month would be considered overburdened when renting an apartment at or above the median rent. 58.93% of households who rent are overburdened in Stockton.1
Area Median Income In Stockton
Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.
HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Stockton, the AMI is calculated from all households within San Joaquin County.
In Stockton, HUD calculates the Area Median Income for a family of four as $71,400
Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.
Rental Assistance in Stockton
Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.
Income Qualifications for Stockton HUD Rental Assistance in Stockton
| Income | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 30% of Median | $14,700 | $16,910 | $21,330 | $25,750 | $30,170 | $34,590 | $39,010 | $43,430 |
| 50% of Median | $24,500 | $28,000 | $31,500 | $35,000 | $37,800 | $40,600 | $43,400 | $46,200 |
| 80% of Median | $39,200 | $44,800 | $50,400 | $56,000 | $60,500 | $65,000 | $69,450 | $73,950 |
Low Income Housing Tax Credits in Stockton
The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.
From 1987 to 2011, 31 low income apartment communities containing 1,972 rental apartments have been constructed and made affordable to low income persons in Stockton by the Low Income Housing Tax Credit Program.
If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.
Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.
Income Qualifications for Low Income Housing Tax Credit Apartments in Stockton
| Income | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 50% of Median | $24,500 | $28,000 | $31,500 | $35,000 | $37,800 | $40,600 | $43,400 | $46,200 |
| 60% of Median | $29,400 | $33,600 | $37,800 | $42,000 | $45,360 | $48,720 | $52,080 | $55,440 |
For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Stockton is $37,800 a year, or $3,150 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,150 by 30% to get a maximum rent of $945 a month.
Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.
| % of AMI | Studio | 1 Bed | 2 Bed | 3 Bed | 4 Bed | 5 Bed |
|---|---|---|---|---|---|---|
| 50% | $613 | $656 | $788 | $910 | $1,015 | $1,120 |
| 60% | $735 | $788 | $945 | $1,092 | $1,218 | $1,344 |
Fair Market Rents in Stockton
Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.
2020 Fair Market Rents
| Studio | One BR | Two BR | Three BR | Four BR |
|---|---|---|---|---|
| $745 | $869 | $1,144 | $1,650 | $2,009 |
