Low Income Apartments For Rent in Shasta Lake, CA

Rental assistance programs support 38 low-income homes in Shasta Lake where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $459 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 Shasta Lake, 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
Shasta County Housing Authority	Section 8 Housing Choice Voucher (HCV); Family Self-Sufficiency; Veteran Affairs Supportive Housing (VASH); Homeownership; Family Unification Program (FUP)

Go to the California Public Housing and Low-Income Apartments Waiting Lists page for openings near Shasta Lake.

Shasta Lake, California Affordable Housing Data

Income Based Apartments in Shasta Lake, California

Shasta Lake features 38 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 Shasta Lake, California

There are 120 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Shasta Lake.

Housing Choice Vouchers in Shasta Lake, California

On average, Section 8 Housing Choice vouchers pay Shasta Lake landlords $500 per month towards rent. The average voucher holder contributes $500 towards rent in Shasta Lake.

The maximum amount a voucher would pay on behalf of a low-income tenant in Shasta Lake, California for a two-bedroom apartment is between $1,338 and $1,636.

2024 Shasta Lake, 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
Shasta Lake, California Fair Market Rent	$1,014	$1,132	$1,487	$2,095	$2,523
Shasta Lake, California Payment Standard Range	$913 to $1,115	$1,019 to $1,245	$1,338 to $1,636	$1,886 to $2,305	$2,271 to $2,775

Sourced from federal housing data and AffordableHousingOnline.com research.

Shasta Lake, CA Affordable Housing Snapshot

Total Affordable Apartment Properties 8

Total Low Income Apartments 162

Total Housing Units with Rental Assistance 38

Percentage of Housing Units Occupied By Renters 40.16%

Average Renter Household Size 2.61

Average Household Size 2.61

Median Household Income $42,003 ±$5,219

Median Rent $1,000 ±$84

Percentage Of Renters Overburdened 60.08% ± 10.11pp

Total Population 10,146

Total Affordable Apartment Properties	8
Total Low Income Apartments	162
Total Housing Units with Rental Assistance	38
Percentage of Housing Units Occupied By Renters	40.16%
Average Renter Household Size	2.61
Average Household Size	2.61
Median Household Income	$42,003 ±$5,219
Median Rent	$1,000 ±$84
Percentage Of Renters Overburdened	60.08% ± 10.11pp
Total Population	10,146

Population and Household Demographics

Shasta Lake is a city in Shasta County, California with a population of 10,146. There are 3,879 households in the city with an average household size of 2.61 persons. 40.16% of households in Shasta Lake are renters.

Income and Rent Overburden in Shasta Lake

The median gross income for households in Shasta Lake is $42,003 a year, or $3,500 a month. The median rent for the city is $1,000 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Shasta Lake, a household making less than $3,333 a month would be considered overburdened when renting an apartment at or above the median rent. 60.08% of households who rent are overburdened in Shasta Lake.

Area Median Income In Shasta Lake

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 Shasta Lake, the AMI is calculated from all households within Shasta County.

In Shasta Lake, HUD calculates the Area Median Income for a family of four as $87,000

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 Shasta Lake

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 Shasta Lake

	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 Shasta Lake AMI may qualify for rental assistance programs that target Extremely Low Income households.	$17,650	$20,200	$24,860	$30,000	$35,140	$40,280	$45,420	$50,560
50% AMI Income Limits Renters earning up to 50% of the Shasta Lake AMI may qualify for rental assistance programs that target Very Low Income households.	$29,400	$33,600	$37,800	$42,000	$45,400	$48,750	$52,100	$55,450
80% AMI Income Limits Renters earning up to 80% of the Shasta Lake AMI may qualify for rental assistance programs that target Low Income households.	$47,050	$53,800	$60,500	$67,200	$72,600	$78,000	$83,350	$88,750