Low Income Apartments and Affordable Housing For Rent in Ventura, CA (2024)

What HUD offices serve Ventura, California?

Public Housing Agencies operate federally assisted affordable housing programs atlocal levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within theirjurisdiction.

Go to theCaliforniaPublic Housing and Low-Income Apartments Waiting Lists page for openings near Ventura.

How many renters live in Ventura, California?

The City of Ventura has 109,528people living in 41,937 households.

There are 40,369 renters living in17,270 renter households in thisCity. Renters make up 36.86percent of the population living in Ventura.

What is the rental market like in Ventura, California?

There are an estimated 44,787 housing units in theVentura area. Of these, 19,174 units are rentalhomes, making up 43 percent of the housing market. Forevery renter household in Ventura, California, there are1 rental units.

What is the vacancy rate for rentals in Ventura?

The rental vacancy rate in Ventura is 4 percent.This is alower than averagevacancy rate.When rental vacancy rates are low there are fewer available units. Rents tend to be higher as morepeoplecompete for scarce housing.

How many rental units are in Ventura for each bedroom size?

A large number of apartments in Ventura have two or fewer bedrooms. Seniors and youngprofessionalsespecially may have more success finding an apartment that meets their needs.

How many renter households in Ventura are overburdened by housing costs?

Among renter households in this market, 57percent havehousing cost burden. Further, 27percent of households are extremely rent overburdened. When renters pay too much for their housing, itleaveslittle money for other necessities like food, clothes, or medicine.

The federal government says that renters arecost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Ventura

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - rangesfrom $1,725 to $3,867. FMRs areupdated annually by HUD for every city and county nationwide.

How many units are rented at Fair Market Rent (FMR) in Ventura?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s FairMarket Rent. Markets with a large share of units above FMR tend to have longer search times to find aqualified unit, while those with a large share of units below FMR tend to have more choices and shortersearch 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:

How many affordable rental units are in Ventura?

There are a variety of federal affordable housing programs serving households inVentura, California including the following:

Income Based Apartments in Ventura, California

Ventura features 609 income based apartments.Tenants of income based apartments typically pay no more than 30% of their income towards rent andutilities.

Low Rent Apartments in Ventura, California

There are 634 rent subsidized apartments that do notprovide direct rental assistance but remain affordable to low income households in Ventura.

Housing Choice Vouchers in Ventura, California

On average, Section 8 Housing Choice vouchers pay Ventura landlords$1,000 per month towards rent. The average voucher holdercontributes $500 towards rent inVentura.

The maximum amount a voucher would pay on behalf of a low-income tenant in Ventura, California fora two-bedroom apartment is between $2,173 and $2,655.

Sourced from federal housing data and AffordableHousingOnline.comresearch.