; Low Income Apartments For Rent in Coronado, CA

Apply to Coronado Apartment Waiting Lists

Orange Villas

450 Orange Ave
Coronado, California
Rent Assisted
LIHTC

C4

406-430, 445-451 ORANGE AVE; 560-566, 840 G AVE
Coronado, California
Rent Assisted
LIHTC
Call For Rent
1-2 BR

C4

550 Orange Ave
Coronado, California
Rent Assisted
LIHTC
1 BR

525 Orange

525 Orange Ave
Coronado, California
Rent Assisted
LIHTC

Coronado Senior Housing

578 Orange Ave
Coronado, California
Rent Assisted
LIHTC
Showing Results 1-15
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There are 134 low-income apartments in Coronado that offer reduced rents to eligible households.

Rental assistance programs support 0 low-income homes in Coronado where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $361 towards rent each month.

Affordable rent data for some communities last confirmed on June 7th, 2024. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Coronado, 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 San Diego Section 8 Housing Choice Voucher (HCV); Public Housing; Veteran Affairs Supportive Housing (VASH); Section 8 Project-Based Voucher (PBV); Moderate Rehabilitation; Housing Opportunities for Persons with AIDS (HOPWA)
Go to the California Public Housing and Low-Income Apartments Waiting Lists page for openings near Coronado.

Coronado, California Affordable Housing Data

Income Based Apartments in Coronado, California

Coronado 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 Coronado, California

There are 134 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Coronado.

Housing Choice Vouchers in Coronado, California

On average, Section 8 Housing Choice vouchers pay Coronado landlords $1,100 per month towards rent. The average voucher holder contributes $400 towards rent in Coronado.

The maximum amount a voucher would pay on behalf of a low-income tenant in Coronado, California for a two-bedroom apartment is between $2,550 and $3,116.

2024 Coronado, 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
Coronado, California Fair Market Rent $2,062 $2,248 $2,833 $3,819 $4,638
Coronado, California Payment Standard Range $1,856 to $2,268 $2,023 to $2,473 $2,550 to $3,116 $3,437 to $4,201 $4,174 to $5,102

Sourced from federal housing data and AffordableHousingOnline.com research.

Coronado, CA Affordable Housing Snapshot

Total Affordable Apartment Properties 5
Total Low Income Apartments 134
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 52.4%
Average Renter Household Size 2.47
Average Household Size 2.36
Median Household Income $90,256 ±$4,573
Median Rent $2,099 ±$126
Percentage Of Renters Overburdened 51.53% ± 5.2pp
Total Population 24,447

Population and Household Demographics

Coronado is a city in San Diego County, California with a population of 24,447. There are 8,500 households in the city with an average household size of 2.36 persons. 52.4% of households in Coronado are renters.

Income and Rent Overburden in Coronado

The median gross income for households in Coronado is $90,256 a year, or $7,521 a month. The median rent for the city is $2,099 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Coronado, a household making less than $6,997 a month would be considered overburdened when renting an apartment at or above the median rent. 51.53% of households who rent are overburdened in Coronado.

Area Median Income In Coronado

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 Coronado, the AMI is calculated from all households within San Diego County.

In Coronado, HUD calculates the Area Median Income for a family of four as $116,800

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 Coronado

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 Coronado

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 Coronado AMI may qualify for rental assistance programs that target Extremely Low Income households.
$28,950 $33,100 $37,250 $41,350 $44,700 $48,000 $51,300 $54,600
50% AMI Income Limits
Renters earning up to 50% of the Coronado AMI may qualify for rental assistance programs that target Very Low Income households.
$48,250 $55,150 $62,050 $68,900 $74,450 $79,950 $85,450 $90,950
80% AMI Income Limits
Renters earning up to 80% of the Coronado AMI may qualify for rental assistance programs that target Low Income households.
$77,200 $88,200 $99,250 $110,250 $119,100 $127,900 $136,750 $145,550