What HUD offices serve Modesto, 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.
Go to the California Public Housing and Low-Income Apartments Waiting Lists page for openings near Modesto.
How many renters live in Modesto, California?
The City of Modesto has people living in households.
There are renters living in renter households in this City. Renters make up 36.66 percent of the population living in Modesto.
What is the rental market like in Modesto, California?
There are an estimated housing units in the Modesto area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Modesto, California, there are 1.08 rental units.
What is the vacancy rate for rentals in Modesto?
The rental vacancy rate in Modesto is 3 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.
How many rental units are in Modesto for each bedroom size?
Occupied Rental Units by Size in Modesto
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms 2,124 4,959 11,448 7,530 2,930 Occupied Rental Units by Size in Modesto
A large number of apartments in Modesto have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in Modesto
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,143 to $2,536. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size 2024 Fair Market Rents Studio $1,143 One BR $1,188 Two BR $1,528 Three BR $2,153 Four BR $2,536 2024 Fair Market Rents in Modesto, California
How many units are rented at Fair Market Rent (FMR) in Modesto?
Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.
These are the approximate number of units renting below the FMR in this market:Unit Size Count of Units Below FMR Percentage of Total Units Below FMR Studio 1,329 63 percent One BR 2,657 54 percent Two BR 5,740 50 percent Rental Units Below FMR in Modesto, California
How many affordable rental units are in Modesto?
There are a variety of federal affordable housing programs serving households in
Modesto, California including the following: Rental units may be funded in part by multiple federal programs.Federal Program Unit Count Low Income Housing Tax Credit Public Housing Section 8 Project-Based Rental Assistance Tracked Units by Federal Program in Modesto, California
Income Based Apartments in Modesto, California
Modesto features 1,641 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 Modesto, California
There are 983 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Modesto.
Housing Choice Vouchers in Modesto, California
On average, Section 8 Housing Choice vouchers pay Modesto landlords $600 per month towards rent. The average voucher holder contributes $500 towards rent in Modesto.
The maximum amount a voucher would pay on behalf of a low-income tenant in Modesto, California for a two-bedroom apartment is between $1,375 and $1,681.
Sourced from federal housing data and AffordableHousingOnline.com research.
