What HUD offices serve Truckee, 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 Truckee.
How many renters live in Truckee, California?
The City of Truckee has 16,784 people living in 6,279 households.
There are 3,478 renters living in 1,413 renter households in this City. Renters make up 20.72 percent of the population living in Truckee.
What is the rental market like in Truckee, California?
There are an estimated 13,581 housing units in the Truckee area. Of these, 1,457 units are rental homes, making up 11 percent of the housing market. For every renter household in Truckee, California, there are 1 rental units.
What is the vacancy rate for rentals in Truckee?
The rental vacancy rate in Truckee 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 Truckee for each bedroom size?
Occupied Rental Units by Size in Truckee
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 34 | 191 | 497 | 550 | 120 |
Occupied Rental Units by Size in Truckee
A large number of apartments in Truckee 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 Truckee are overburdened by housing costs?
Among renter households in this market, 56 percent have housing cost burden. Further, 31 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 Truckee
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,209 to $2,708. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,209 |
| One BR | $1,217 |
| Two BR | $1,596 |
| Three BR | $2,249 |
| Four BR | $2,708 |
2024 Fair Market Rents in Truckee, California
How many units are rented at Fair Market Rent (FMR) in Truckee?
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 | 14 | 41 percent |
| One BR | 127 | 66 percent |
| Two BR | 117 | 24 percent |
Rental Units Below FMR in Truckee, California
How many affordable rental units are in Truckee?
There are a variety of federal affordable housing programs serving households in Truckee, California including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 380 |
Tracked Units by Federal Program in Truckee, California
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Truckee, California
Truckee features 136 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 Truckee, California
There are 533 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Truckee.
Housing Choice Vouchers in Truckee, California
On average, Section 8 Housing Choice vouchers pay Truckee landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Truckee.
The maximum amount a voucher would pay on behalf of a low-income tenant in Truckee, California for a two-bedroom apartment is between $1,436 and $1,756.
Sourced from federal housing data and AffordableHousingOnline.com research.
