; Low Income Apartments For Rent in Newport Beach, CA

Apply to Newport Beach Apartment Waiting Lists

Seaview Plaza

2800 Pacific View Drive
Newport Beach, California
Subsidized
Senior
S. 202
Call For Rent
1-2 BR

The Cove Apartments

6001 Coast Boulevard
Newport Beach, California
Rent Assisted
LIHTC
Call For Rent
1 BR

One Uptown Newport Affordable Apartments

4201 Jamboree Rd
Newport Beach, California
Rent Assisted
LIHTC
Call For Rent
Studio-2 BR

Bayview Landing

1121 Back Bay Dr
Newport Beach, California
Rent Assisted
LIHTC

Lange Drive Family

1621 Mesa Dr
Newport Beach, California
Rent Assisted
LIHTC
Showing Results 1-15
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There are 252 low-income apartments in Newport Beach that offer reduced rents to eligible households.

Rental assistance programs support 100 low-income homes in Newport Beach where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $603 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 Newport Beach, 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
Orange County Housing Authority Section 8 Housing Choice Voucher (HCV)
Go to the California Public Housing and Low-Income Apartments Waiting Lists page for openings near Newport Beach.

Newport Beach, California Affordable Housing Data

Income Based Apartments in Newport Beach, California

Newport Beach features 100 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 Newport Beach, California

There are 252 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Newport Beach.

Housing Choice Vouchers in Newport Beach, California

On average, Section 8 Housing Choice vouchers pay Newport Beach landlords $1,500 per month towards rent. The average voucher holder contributes $600 towards rent in Newport Beach.

The maximum amount a voucher would pay on behalf of a low-income tenant in Newport Beach, California for a two-bedroom apartment is between $2,505 and $3,061.

2024 Newport Beach, 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
Newport Beach, California Fair Market Rent $2,200 $2,344 $2,783 $3,769 $4,467
Newport Beach, California Payment Standard Range $1,980 to $2,420 $2,110 to $2,578 $2,505 to $3,061 $3,392 to $4,146 $4,020 to $4,914

Sourced from federal housing data and AffordableHousingOnline.com research.

Newport Beach, CA Affordable Housing Snapshot

Total Affordable Apartment Properties 5
Total Low Income Apartments 352
Total Housing Units with Rental Assistance 100
Percentage of Housing Units Occupied By Renters 45.07%
Average Renter Household Size 2.11
Average Household Size 2.27
Median Household Income $113,071 ±$6,033
Median Rent $2,009 ±$61
Percentage Of Renters Overburdened 44.94% ± 3.26pp
Total Population 86,911

Population and Household Demographics

Newport Beach is a city in Orange County, California with a population of 86,911. There are 38,071 households in the city with an average household size of 2.27 persons. 45.07% of households in Newport Beach are renters.

Income and Rent Overburden in Newport Beach

The median gross income for households in Newport Beach is $113,071 a year, or $9,423 a month. The median rent for the city is $2,009 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Newport Beach, a household making less than $6,697 a month would be considered overburdened when renting an apartment at or above the median rent. 44.94% of households who rent are overburdened in Newport Beach.

Area Median Income In Newport Beach

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 Newport Beach, the AMI is calculated from all households within Orange County.

In Newport Beach, HUD calculates the Area Median Income for a family of four as $127,800

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 Newport Beach

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 Newport Beach

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 Newport Beach AMI may qualify for rental assistance programs that target Extremely Low Income households.
$30,150 $34,450 $38,750 $43,050 $46,500 $49,950 $53,400 $56,850
50% AMI Income Limits
Renters earning up to 50% of the Newport Beach AMI may qualify for rental assistance programs that target Very Low Income households.
$50,250 $57,400 $64,600 $71,750 $77,500 $83,250 $89,000 $94,750
80% AMI Income Limits
Renters earning up to 80% of the Newport Beach AMI may qualify for rental assistance programs that target Low Income households.
$80,400 $91,850 $103,350 $114,800 $124,000 $133,200 $142,400 $151,550