About This Property
Fairmount in Oakland offers 31 apartments serving low-income families, with 26 one-bedroom and 5 two-bedroom units. The property has been in service since 2011 and utilizes 4% Low-Income Housing Tax Credits along with tax-exempt bond financing. Thirty units are designated as low-income housing.
Property Details
Fair Market Rent - Alameda County, CA
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,825 |
| 1 Bedroom | $2,131 |
| 2 Bedroom | $2,590 |
| 3 Bedroom | $3,342 |
| 4 Bedroom | $3,954 |
Income Limits - Alameda County, CA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $28,800
- Very Low (50%)
- $47,950
- Low (80%)
- $76,750
- Extremely Low (30%)
- $32,900
- Very Low (50%)
- $54,800
- Low (80%)
- $87,700
- Extremely Low (30%)
- $37,000
- Very Low (50%)
- $61,650
- Low (80%)
- $98,650
- Extremely Low (30%)
- $41,100
- Very Low (50%)
- $68,500
- Low (80%)
- $109,600
- Extremely Low (30%)
- $44,400
- Very Low (50%)
- $74,000
- Low (80%)
- $118,400
- Extremely Low (30%)
- $47,700
- Very Low (50%)
- $79,500
- Low (80%)
- $127,150
- Extremely Low (30%)
- $51,000
- Very Low (50%)
- $84,950
- Low (80%)
- $135,950
- Extremely Low (30%)
- $54,300
- Very Low (50%)
- $90,450
- Low (80%)
- $144,700
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $28,800 | $47,950 | $76,750 |
| 2 Persons | $32,900 | $54,800 | $87,700 |
| 3 Persons | $37,000 | $61,650 | $98,650 |
| 4 Persons | $41,100 | $68,500 | $109,600 |
| 5 Persons | $44,400 | $74,000 | $118,400 |
| 6 Persons | $47,700 | $79,500 | $127,150 |
| 7 Persons | $51,000 | $84,950 | $135,950 |
| 8 Persons | $54,300 | $90,450 | $144,700 |
Advertisement
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Oakland, CA?+
The Fair Market Rent (FMR) for Alameda County, CA is: $1825 (Studio), $2131 (1BR), $2590 (2BR), $3342 (3BR), $3954 (4BR). Actual rent at subsidized properties like Fairmount is typically 30% of household income or less.
What size apartments are available at Fairmount?+
Fairmount offers the following unit types: 26 One-Bedroom, 5 Two-Bedroom units, for a total of 31 units.
What are the income limits for affordable housing in Alameda County, CA?+
For a 4-person household in Alameda County, CA, the income limits are: Extremely Low Income (30% AMI): $41,100, Very Low Income (50% AMI): $68,500, Low Income (80% AMI): $109,600. These limits are set by HUD and updated annually.
Who manages Fairmount?+
Fairmount is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Fairmount?+
Fairmount primarily serves families, SPECIAL NEEDS. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Oakland, CA?+
Based on Fair Market Rent for Alameda County, the estimated price range is: 1-bedroom: $2131, 2-bedroom: $2590. Actual rent at Fairmount may be lower for income-eligible households.
How do I apply for housing at Fairmount?+
Fairmount is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Fairmount
Baywood Apts - Oakland
Oakland, CA
77 UnitsPiedmont Apts Oakland
Oakland, CA
250 Units3105 Martin Luther King Jr Way
Oakland, CA
2 UnitsHarp Plaza
Oakland, CA
20 UnitsMacarthur Transit Village Apartments
Oakland, CA
90 Units236 29th St
Oakland, CA
8 Units