; Low Income Apartments For Rent in Santa Monica, CA

Apply to Santa Monica Apartment Waiting Lists

Brunson Terrace

1819 Pico Blvd.
Santa Monica, California
Rent Assisted
LIHTC
Call For Rent
1-3 BR

Las Flores Apartments

1834-1848 14th St.
Santa Monica, California
Rent Assisted
LIHTC
Call For Rent
1-3 BR

Pacific Landing

2120 Lincoln Blvd.
Santa Monica, California
Rent Assisted
LIHTC
Call For Rent
1-3 BR

Magnolia Villas

1445 10th St.
Santa Monica, California
Rent Assisted
LIHTC
Call For Rent
1 BR

Santa Monica New Hope Courtyard

1637 Appian Way
Santa Monica, California
Subsidized
Supportive
S. 811 Supportive
Call For Rent
2 BR

2602 Broadway Apartments

2602 Broadway
Santa Monica, California
Rent Assisted
LIHTC

Greenway Meadows

1820 14th St
Santa Monica, California
Rent Assisted
LIHTC
Call For Rent
1 BR

Santa Monica Accessible Apartments

1525 Euclid St
Santa Monica, California
Subsidized
Supportive
S. 811 Supportive

Upward Bound Senior Villa

1011 11th St
Santa Monica, California
Subsidized
Senior
S. 202

Fourth Street Senior Housing

1116 4th St
Santa Monica, California
Subsidized
Senior
S. 202

The Arroyo Apartments

1626 Lincoln Boulevard
Santa Monica, California
Rent Assisted
LIHTC
Call For Rent
1-3 BR

Step Up on Fifth Apartments

1548 5th St
Santa Monica, California
Rent Assisted
LIHTC

Second Street Center

1423 2nd St
Santa Monica, California
Rent Assisted
LIHTC

High Place West

2345 Virginia Ave
Santa Monica, California
Rent Assisted
LIHTC

Ocean Breeze Apartments

1458 14th St
Santa Monica, California
Rent Assisted
LIHTC
Showing Results 1-15

There are 950 low-income apartments in Santa Monica that offer reduced rents to eligible households.

Rental assistance programs support 1,018 low-income homes in Santa Monica where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $395 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 Santa Monica, 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
Santa Monica Housing and Economic Development Section 8 Housing Choice Voucher (HCV); Veteran Affairs Supportive Housing (VASH); HOME Investment Partnerships Program (HOME); Emergency Housing Voucher (EHV)
Los Angeles County Development Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Family Self-Sufficiency; Section 8 Project-Based Voucher (PBV); Moderate Rehabilitation
Go to the California Public Housing and Low-Income Apartments Waiting Lists page for openings near Santa Monica.

Santa Monica, California Affordable Housing Data

Income Based Apartments in Santa Monica, California

Santa Monica features 1,018 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 Santa Monica, California

There are 950 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Santa Monica.

Housing Choice Vouchers in Santa Monica, California

On average, Section 8 Housing Choice vouchers pay Santa Monica landlords $1,200 per month towards rent. The average voucher holder contributes $400 towards rent in Santa Monica.

The maximum amount a voucher would pay on behalf of a low-income tenant in Santa Monica, California for a two-bedroom apartment is between $2,290 and $2,798.

2024 Santa Monica, 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
Santa Monica, California Fair Market Rent $1,777 $2,006 $2,544 $3,263 $3,600
Santa Monica, California Payment Standard Range $1,599 to $1,955 $1,805 to $2,207 $2,290 to $2,798 $2,937 to $3,589 $3,240 to $3,960

Sourced from federal housing data and AffordableHousingOnline.com research.

Santa Monica, CA Affordable Housing Snapshot

Total Affordable Apartment Properties 44
Total Low Income Apartments 1,968
Total Housing Units with Rental Assistance 1,018
Percentage of Housing Units Occupied By Renters 73.03%
Average Renter Household Size 1.77
Average Household Size 1.94
Median Household Income $76,580 ±$2,993
Median Rent $1,593 ±$29
Percentage Of Renters Overburdened 47.54% ± 2.27pp
Total Population 92,169

Population and Household Demographics

Santa Monica is a city in Los Angeles County, California with a population of 92,169. There are 46,688 households in the city with an average household size of 1.94 persons. 73.03% of households in Santa Monica are renters.

Income and Rent Overburden in Santa Monica

The median gross income for households in Santa Monica is $76,580 a year, or $6,382 a month. The median rent for the city is $1,593 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Santa Monica, a household making less than $5,310 a month would be considered overburdened when renting an apartment at or above the median rent. 47.54% of households who rent are overburdened in Santa Monica.

Area Median Income In Santa Monica

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 Santa Monica, the AMI is calculated from all households within Los Angeles County.

In Santa Monica, HUD calculates the Area Median Income for a family of four as $98,200

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 Santa Monica

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 Santa Monica

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 Santa Monica AMI may qualify for rental assistance programs that target Extremely Low Income households.
$26,500 $30,300 $34,100 $37,850 $40,900 $43,950 $46,950 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Santa Monica AMI may qualify for rental assistance programs that target Very Low Income households.
$44,150 $50,450 $56,750 $63,050 $68,100 $73,150 $78,200 $83,250
80% AMI Income Limits
Renters earning up to 80% of the Santa Monica AMI may qualify for rental assistance programs that target Low Income households.
$70,650 $80,750 $90,850 $100,900 $109,000 $117,050 $125,150 $133,200