; Low Income Apartments For Rent in Fair Oaks, CA

Apply to Fair Oaks Apartment Waiting Lists

Vintage Woods Senior Apartments

8780 Madison Avenue
Fair Oaks, California
Rent Assisted
LIHTC
HOME
Call For Rent
1-2 BR

Summit at Fair Oaks

4440 San Juan Ave
Fair Oaks, California
Subsidized
Rent Assisted
PBRA
BMIR
S236
Call For Rent
1-3 BR

8148 Monte Park Ave

8148 Monte Park Ave
Fair Oaks, California
$2,000
2 BR

4059 Ridge St

4059 Ridge St
Fair Oaks, California
$1,295
1 BR

Fairway Village

4922 Vir Mar St
Fair Oaks, California
Subsidized
PBRA

Alta Arden 6045 Dry Creek Fair Oaks El P

7501 Sunset Ave
Fair Oaks, California
Subsidized
Public Housing
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There are 185 low-income apartments in Fair Oaks that offer reduced rents to eligible households.

Rental assistance programs support 290 low-income homes in Fair Oaks where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $404 towards rent each month.

Affordable rent data for some communities last confirmed on July 2nd, 2024. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Fair Oaks, 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
Sacramento Housing and Redevelopment Agency Section 8 Housing Choice Voucher (HCV); Public Housing
Go to the California Public Housing and Low-Income Apartments Waiting Lists page for openings near Fair Oaks.

Fair Oaks, California Affordable Housing Data

Income Based Apartments in Fair Oaks, California

Fair Oaks features 290 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 Fair Oaks, California

There are 185 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Fair Oaks.

Housing Choice Vouchers in Fair Oaks, California

On average, Section 8 Housing Choice vouchers pay Fair Oaks landlords $800 per month towards rent. The average voucher holder contributes $400 towards rent in Fair Oaks.

The maximum amount a voucher would pay on behalf of a low-income tenant in Fair Oaks, California for a two-bedroom apartment is between $1,865 and $2,279.

2024 Fair Oaks, 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
Fair Oaks, California Fair Market Rent $1,543 $1,666 $2,072 $2,884 $3,321
Fair Oaks, California Payment Standard Range $1,389 to $1,697 $1,499 to $1,833 $1,865 to $2,279 $2,596 to $3,172 $2,989 to $3,653

Sourced from federal housing data and AffordableHousingOnline.com research.

Fair Oaks, CA Affordable Housing Snapshot

Total Affordable Apartment Properties 6
Total Low Income Apartments 477
Total Housing Units with Rental Assistance 290
Percentage of Housing Units Occupied By Renters 34.95%
Average Renter Household Size 2.35
Average Household Size 2.42
Median Household Income $73,115 ±$4,100
Median Rent $1,073 ±$45
Percentage Of Renters Overburdened 54.84% ± 6.98pp
Total Population 31,537

Population and Household Demographics

Fair Oaks is a city in Sacramento County, California with a population of 31,537. There are 12,751 households in the city with an average household size of 2.42 persons. 34.95% of households in Fair Oaks are renters.

Income and Rent Overburden in Fair Oaks

The median gross income for households in Fair Oaks is $73,115 a year, or $6,093 a month. The median rent for the city is $1,073 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Fair Oaks, a household making less than $3,577 a month would be considered overburdened when renting an apartment at or above the median rent. 54.84% of households who rent are overburdened in Fair Oaks.

Area Median Income In Fair Oaks

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 Fair Oaks, the AMI is calculated from all households within Sacramento County.

In Fair Oaks, HUD calculates the Area Median Income for a family of four as $113,900

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 Fair Oaks

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 Fair Oaks

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 Fair Oaks AMI may qualify for rental assistance programs that target Extremely Low Income households.
$22,550 $25,750 $28,950 $32,150 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Fair Oaks AMI may qualify for rental assistance programs that target Very Low Income households.
$37,550 $42,900 $48,250 $53,600 $57,900 $62,200 $66,500 $70,800
80% AMI Income Limits
Renters earning up to 80% of the Fair Oaks AMI may qualify for rental assistance programs that target Low Income households.
$60,050 $68,600 $77,200 $85,750 $92,650 $99,500 $106,350 $113,200