Low Income Apartments and Affordable Housing For Rent in Valley Village, CA

Discover affordable housing in Valley Village where there are 13+ 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.

Las Casitas I-III

11301 Hatteras Street, Valley Village, California 91601

Vineland Avenue Senior Housing

4900 Vineland Ave, Valley Village, California 91601

Golden Years Senior

11330 Otsego St, Valley Village, California 91601

North Hollywood Senior Citizens

11035 Magnolia Blvd, Valley Village, California 91601

Casa Linda II

11233 Hatteras St, Valley Village, California 91601

Casa Linda I

11425 Tiara St, Valley Village, California 91601

Casa Linda III

5654 Fulcher Ave, Valley Village, California 91601

Noho Senior Artist Colony

10747 Magnolia Blvd, Valley Village, California 91601

Valley Village Apartments

12111 Chandler Blvd, Valley Village, California 91607

Academy Village

5225 Blakeslee Ave, Valley Village, California 91601

Noho Senior Villas

5539 Klump Ave, Valley Village, California 91601

Harmony II

5239 Harmony Ave, Valley Village, California 91601

Magnolia Villas South

5250 Harmony Ave, Valley Village, California 91601

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Valley Village, California
$54.53/hour
$38.53 (+241%) more than California minimum wage and $47.28 (+652%) more than the Federal minimum wage.
Learn More About Valley Village, California Affordable Housing ↓

What HUD offices serve Valley Village, 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) programs for Valley Village, California.

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

How many renters live in Valley Village, California?

The City of Valley Village has 4,642 people living in 1,970 households.

There are 984 renters living in 398 renter households in this City. Renters make up 21.2 percent of the population living in Valley Village.

What is the rental market like in Valley Village, California?

There are an estimated 2,341 housing units in the Valley Village area. Of these, 407 units are rental homes, making up 17 percent of the housing market. For every renter household in Valley Village, California, there are 1 rental units.

What is the vacancy rate for rentals in Valley Village?

The rental vacancy rate in Valley Village is 2 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 Valley Village for each bedroom size?

Occupied Rental Units by Size in Valley Village
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
40 103 117 77 61
Occupied Rental Units by Size in Valley Village

A large number of apartments in Valley Village 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 Valley Village are overburdened by housing costs?

Among renter households in this market, 32 percent have housing cost burden. Further, 24 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 Valley Village

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $2,340 to $4,400. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $2,340
One BR $2,367
Two BR $2,879
Three BR $3,990
Four BR $4,400
2024 Fair Market Rents in Valley Village, California

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

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 40 100 percent
One BR 81 79 percent
Two BR 57 49 percent
Rental Units Below FMR in Valley Village, California

How many affordable rental units are in Valley Village?

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

Federal Program Unit Count
Low Income Housing Tax Credit 78
Tracked Units by Federal Program in Valley Village, California

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

Income Based Apartments in Valley Village, California

Valley Village features 382 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 Valley Village, California

There are 690 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Valley Village.

Housing Choice Vouchers in Valley Village, California

On average, Section 8 Housing Choice vouchers pay Valley Village landlords $900 per month towards rent. The average voucher holder contributes $300 towards rent in Valley Village.

The maximum amount a voucher would pay on behalf of a low-income tenant in Valley Village, California for a two-bedroom apartment is between $2,591 and $3,167.

Sourced from federal housing data and AffordableHousingOnline.com research.