Affordable Housing Hub
Low Income (LIHTC)

Oak Center Towers

1515 Market St, Oakland, CA, 94607

Information verified April 18, 2026ยทWe re-check waiting list status daily

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About This Property

Oak Center Towers comprises 196 units in Oakland, with 195 designated as low-income housing serving elderly residents. The property includes 154 studios, 41 one-bedroom units, and one two-bedroom unit, and has been in service since 2006. The development is funded through tax-exempt bonds and utilizes 4% Low-Income Housing Tax Credits.

Property Details

Total Units
196
Studio
154
1 Bedroom
41
2 Bedroom
1

HUD Inspection Score

78
Fair
Inspected September 2018

HUD inspects properties on a 0-100 scale. Scores above 60 are considered passing.

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.

BedroomsFMR
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.

1 Person
Extremely Low (30%)
$28,800
Very Low (50%)
$47,950
Low (80%)
$76,750
2 Persons
Extremely Low (30%)
$32,900
Very Low (50%)
$54,800
Low (80%)
$87,700
3 Persons
Extremely Low (30%)
$37,000
Very Low (50%)
$61,650
Low (80%)
$98,650
4 Persons
Extremely Low (30%)
$41,100
Very Low (50%)
$68,500
Low (80%)
$109,600
5 Persons
Extremely Low (30%)
$44,400
Very Low (50%)
$74,000
Low (80%)
$118,400
6 Persons
Extremely Low (30%)
$47,700
Very Low (50%)
$79,500
Low (80%)
$127,150
7 Persons
Extremely Low (30%)
$51,000
Very Low (50%)
$84,950
Low (80%)
$135,950
8 Persons
Extremely Low (30%)
$54,300
Very Low (50%)
$90,450
Low (80%)
$144,700

Tax Credit Program Details

Year Placed in Service
2006
LIHTC Credit Type
4%
Low-Income Units
195 / 196
Target Population
Elderly
Funding Programs
Tax-Exempt Bond
Designations
Qualified Census Tract

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 Oak Center Towers is typically 30% of household income or less.

What size apartments are available at Oak Center Towers?+

Oak Center Towers offers the following unit types: 154 Studio, 41 One-Bedroom, 1 Two-Bedroom units, for a total of 196 units.

Who is eligible to live at Oak Center Towers?+

Oak Center Towers primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

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.

What is the HUD inspection score for Oak Center Towers?+

Oak Center Towers has a HUD inspection score of 78 out of 100, which is considered adequate. HUD inspects subsidized housing properties to ensure they meet minimum health and safety standards. Scores of 60 or above are considered passing.

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 Oak Center Towers may be lower for income-eligible households.

How do I apply for housing at Oak Center Towers?+

Oak Center Towers 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.

Who manages Oak Center Towers?+

Oak Center Towers is managed by . You can reach them at . Visit their website for more information.

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Walk Score

Very Walkable

86
Walk
78
Transit
98
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Alameda County, CA

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Housing Resources in Oakland, CA

HUD-Approved Counseling Agencies

HABITAT FOR HUMANITY EAST BAY/SILICON VALLEY

Pre-Purchase CounselingPre-Purchase Homebuyer Education WorkshopsFinancial Management/Budget Counseling

NACA (NEIGHBORHOOD ASSISTANCE CORPORATION OF AMERICA) OAKLAND, CA

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingPre-Purchase Homebuyer Education Workshops

NATIONAL ASSOCIATION OF REAL ESTATE BROKERS-INVESTMENT DIVISION, INC

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingPre-Purchase Homebuyer Education Workshops