Affordable Housing In Toro Canyon
Santa Barbara County, California

Affordable Housing programs support 0 income based apartments in Toro Canyon where households pay rent based on how much they earn.

There are 0 affordable apartments in Toro Canyon that offer reduced rents to low-income households.

Waiting Lists in Toro Canyon, California

There are no open Section 8 Housing Choice Voucher waiting lists in Toro Canyon. Go to the California Section 8 Waiting Lists page for openings near Toro Canyon.

Affordable Housing Near Toro Canyon

View affordable apartments and waiting lists in cities near Toro Canyon

City Apartments
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Affordable Housing In Solvang, CA Affordable Housing programs support 1 apartment communities in Solvang.
Affordable Housing In Vandenberg Village, CA Affordable Housing programs support 2 apartment communities in Vandenberg Village.

Public Housing Agencies Serving Toro Canyon, 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.

Housing Authority Programs
Housing Authority of the County of Santa Barbara Section 8 Housing Choice Voucher (HCV); Public Housing
Go to the California Public Housing and Low-Income Apartments Waiting Lists page for openings near Toro Canyon.

Toro Canyon, California Affordable Housing Data

Income Based Apartments in Toro Canyon, California

Toro Canyon 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 Toro Canyon, California

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Toro Canyon.

Housing Choice Vouchers in Toro Canyon, California

On average, Section 8 Housing Choice vouchers pay Toro Canyon landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Toro Canyon.

The maximum amount a voucher would pay on behalf of a low-income tenant in Toro Canyon, California for a two-bedroom apartment is between $2,400 and $2,934.

2023 Toro Canyon, California Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Toro Canyon, California Fair Market Rent $2,040 $2,350 $2,667 $3,520 $4,001
Toro Canyon, California Payment Standard Range $1,836 to $2,244 $2,115 to $2,585 $2,400 to $2,934 $3,168 to $3,872 $3,601 to $4,401

Sourced from federal housing data and AffordableHousingOnline.com research.

Toro Canyon, CA Affordable Housing Snapshot

Total Affordable Apartment Properties 0
Total Low Income Apartments 0
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 42.55%
Average Renter Household Size 2.45
Average Household Size 2.45
Median Household Income $100,652 ±$45,811
Median Rent $1,207 ±$451
Percentage Of Renters Overburdened 16.42% ± 14.81pp
Total Population 1,580

Population and Household Demographics

Toro Canyon is a city in Santa Barbara County, California with a population of 1,580. There are 644 households in the city with an average household size of 2.45 persons. 42.55% of households in Toro Canyon are renters.

Income and Rent Overburden in Toro Canyon

The median gross income for households in Toro Canyon is $100,652 a year, or $8,388 a month. The median rent for the city is $1,207 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Toro Canyon, a household making less than $4,023 a month would be considered overburdened when renting an apartment at or above the median rent. 16.42% of households who rent are overburdened in Toro Canyon.

Area Median Income In Toro Canyon

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 Toro Canyon, the AMI is calculated from all households within Santa Barbara County.

In Toro Canyon, HUD calculates the Area Median Income for a family of four as $100,100

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 Toro Canyon

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 HUD Rental Assistance in Toro Canyon

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Toro Canyon AMI may qualify for rental assistance programs that target Extremely Low Income households.
$29,350 $33,550 $37,750 $41,900 $45,300 $48,650 $52,000 $55,350
50% AMI Income Limits
Renters earning up to 50% of the Toro Canyon AMI may qualify for rental assistance programs that target Very Low Income households.
$48,900 $55,900 $62,900 $69,850 $75,450 $81,050 $86,650 $92,250
80% AMI Income Limits
Renters earning up to 80% of the Toro Canyon AMI may qualify for rental assistance programs that target Low Income households.
$78,350 $89,550 $100,750 $111,900 $120,900 $129,850 $138,800 $147,750