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There are 143 low-income apartments in Mono County that offer reduced rents to eligible households.
Rental assistance programs support 48 low-income homes in Mono County where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $-4 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 Mono County, 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 Stanislaus | Section 8 Housing Choice Voucher (HCV); Public Housing |
Mono County, California Affordable Housing Data
Income Based Apartments in Mono County, California
Mono County features 48 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 Mono County, California
There are 143 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Mono County.
Housing Choice Vouchers in Mono County, California
On average, Section 8 Housing Choice vouchers pay Mono County landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Mono County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Mono County, California for a two-bedroom apartment is between $1,305 and $1,595.
2024 Mono County, 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 | |
|---|---|---|---|---|---|
| Mono County, California Fair Market Rent | $1,000 | $1,292 | $1,450 | $2,043 | $2,380 |
| Mono County, California Payment Standard Range | $900 to $1,100 | $1,163 to $1,421 | $1,305 to $1,595 | $1,839 to $2,247 | $2,142 to $2,618 |
Sourced from federal housing data and AffordableHousingOnline.com research.
Mono County, CA Affordable Housing Snapshot
| Total Affordable Apartment Properties | 5 |
|---|---|
| Total Low Income Apartments | 191 |
| Total Housing Units with Rental Assistance | 48 |
| Percentage of Housing Units Occupied By Renters | 40.5% |
| Average Renter Household Size | 3.60 |
| Average Household Size | 2.82 |
| Median Household Income | $56,944 ±$10,734 |
| Median Rent | $1,068 ±$111 |
| Percentage Of Renters Overburdened | 26.62% ± 9.19pp |
| Total Population | 14,146 |
Population and Household Demographics
Mono County is a county in California with a population of 14,146. There are 4,906 households in the county with an average household size of 2.82 persons. 40.5% of households in Mono County are renters.
Income and Rent Overburden in Mono County
The median gross income for households in Mono County is $56,944 a year, or $4,745 a month. The median rent for the county is $1,068 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Mono County, a household making less than $3,560 a month would be considered overburdened when renting an apartment at or above the median rent. 26.62% of households who rent are overburdened in Mono County.
Area Median Income In Mono County
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.
In Mono County, HUD calculates the Area Median Income for a family of four as $95,800
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 Mono County
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 Mono County
| 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 Mono County AMI may qualify for rental assistance programs that target Extremely Low Income households. |
$17,850 | $20,400 | $24,860 | $30,000 | $35,140 | $40,280 | $45,420 | $50,560 |
| 50% AMI Income Limits Renters earning up to 50% of the Mono County AMI may qualify for rental assistance programs that target Very Low Income households. |
$29,750 | $34,000 | $38,250 | $42,500 | $45,900 | $49,300 | $52,700 | $56,100 |
| 80% AMI Income Limits Renters earning up to 80% of the Mono County AMI may qualify for rental assistance programs that target Low Income households. |
$47,600 | $54,400 | $61,200 | $68,000 | $73,450 | $78,900 | $84,350 | $89,800 |
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