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Edgewater Isle Senior Apartments
Flores Gardens Apartments
There are 403 low-income apartments in San Mateo that offer reduced rents to eligible households.
Rental assistance programs support 441 low-income homes in San Mateo where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $570 towards rent each month.
Affordable rent data for some communities last confirmed on July 7th, 2024. Subdsidized rents typically change once a year based on federal guidance.
Public Housing Agencies Serving San Mateo, 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 Mateo | Section 8 Housing Choice Voucher (HCV); Moving to Work |
San Mateo, California Affordable Housing Data
Income Based Apartments in San Mateo, California
San Mateo features 441 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 San Mateo, California
There are 403 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in San Mateo.
Housing Choice Vouchers in San Mateo, California
On average, Section 8 Housing Choice vouchers pay San Mateo landlords $1,500 per month towards rent. The average voucher holder contributes $600 towards rent in San Mateo.
The maximum amount a voucher would pay on behalf of a low-income tenant in San Mateo, California for a two-bedroom apartment is between $3,023 and $3,695.
2024 San Mateo, 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 | |
|---|---|---|---|---|---|
| San Mateo, California Fair Market Rent | $2,292 | $2,818 | $3,359 | $4,112 | $4,473 |
| San Mateo, California Payment Standard Range | $2,063 to $2,521 | $2,536 to $3,100 | $3,023 to $3,695 | $3,701 to $4,523 | $4,026 to $4,920 |
Sourced from federal housing data and AffordableHousingOnline.com research.
San Mateo, CA Affordable Housing Snapshot
| Total Affordable Apartment Properties | 33 |
|---|---|
| Total Low Income Apartments | 917 |
| Total Housing Units with Rental Assistance | 441 |
| Percentage of Housing Units Occupied By Renters | 46.72% |
| Average Renter Household Size | 2.59 |
| Average Household Size | 2.63 |
| Median Household Income | $90,208 ±$2,595 |
| Median Rent | $1,756 ±$36 |
| Percentage Of Renters Overburdened | 48.5% ± 2.95pp |
| Total Population | 101,335 |
Population and Household Demographics
San Mateo is a city in San Mateo County, California with a population of 101,335. There are 37,861 households in the city with an average household size of 2.63 persons. 46.72% of households in San Mateo are renters.
Income and Rent Overburden in San Mateo
The median gross income for households in San Mateo is $90,208 a year, or $7,517 a month. The median rent for the city is $1,756 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In San Mateo, a household making less than $5,853 a month would be considered overburdened when renting an apartment at or above the median rent. 48.5% of households who rent are overburdened in San Mateo.
Area Median Income In San Mateo
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 San Mateo, the AMI is calculated from all households within San Mateo County.
In San Mateo, HUD calculates the Area Median Income for a family of four as $175,000
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 San Mateo
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 San Mateo
| 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 San Mateo AMI may qualify for rental assistance programs that target Extremely Low Income households. |
$39,050 | $44,600 | $50,200 | $55,750 | $60,250 | $64,700 | $69,150 | $73,600 |
| 50% AMI Income Limits Renters earning up to 50% of the San Mateo AMI may qualify for rental assistance programs that target Very Low Income households. |
$65,050 | $74,350 | $83,650 | $92,900 | $100,350 | $107,800 | $115,200 | $122,650 |
| 80% AMI Income Limits Renters earning up to 80% of the San Mateo AMI may qualify for rental assistance programs that target Low Income households. |
$104,100 | $118,950 | $133,800 | $148,650 | $160,550 | $172,450 | $184,350 | $196,250 |
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