About This Property
Regency Court Apts offers 115 units of affordable housing in Monrovia, serving elderly residents. The community includes 107 one-bedroom and 8 two-bedroom units, with 114 designated as low-income housing. Placed in service in 2014, the property is funded through HOME grants and tax-exempt bonds.
Property Details
Fair Market Rent - Los Angeles 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 | $1,777 |
| 1 Bedroom | $2,006 |
| 2 Bedroom | $2,544 |
| 3 Bedroom | $3,263 |
| 4 Bedroom | $3,600 |
Income Limits - Los Angeles County, CA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $24,850
- Very Low (50%)
- $41,400
- Low (80%)
- $66,250
- Extremely Low (30%)
- $28,400
- Very Low (50%)
- $47,300
- Low (80%)
- $75,700
- Extremely Low (30%)
- $31,950
- Very Low (50%)
- $53,200
- Low (80%)
- $85,150
- Extremely Low (30%)
- $35,450
- Very Low (50%)
- $59,100
- Low (80%)
- $94,600
- Extremely Low (30%)
- $38,300
- Very Low (50%)
- $63,850
- Low (80%)
- $102,200
- Extremely Low (30%)
- $41,150
- Very Low (50%)
- $68,600
- Low (80%)
- $109,750
- Extremely Low (30%)
- $44,000
- Very Low (50%)
- $73,300
- Low (80%)
- $117,350
- Extremely Low (30%)
- $46,800
- Very Low (50%)
- $78,050
- Low (80%)
- $124,900
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $24,850 | $41,400 | $66,250 |
| 2 Persons | $28,400 | $47,300 | $75,700 |
| 3 Persons | $31,950 | $53,200 | $85,150 |
| 4 Persons | $35,450 | $59,100 | $94,600 |
| 5 Persons | $38,300 | $63,850 | $102,200 |
| 6 Persons | $41,150 | $68,600 | $109,750 |
| 7 Persons | $44,000 | $73,300 | $117,350 |
| 8 Persons | $46,800 | $78,050 | $124,900 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Monrovia, CA?+
The Fair Market Rent (FMR) for Los Angeles County, CA is: $1777 (Studio), $2006 (1BR), $2544 (2BR), $3263 (3BR), $3600 (4BR). Actual rent at subsidized properties like Regency Court Apts is typically 30% of household income or less.
What size apartments are available at Regency Court Apts?+
Regency Court Apts offers the following unit types: 107 One-Bedroom, 8 Two-Bedroom units, for a total of 115 units.
What is the price range for apartments in Monrovia, CA?+
Based on Fair Market Rent for Los Angeles County, the estimated price range is: 1-bedroom: $2006, 2-bedroom: $2544. Actual rent at Regency Court Apts may be lower for income-eligible households.
How do I apply for housing at Regency Court Apts?+
Regency Court Apts is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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.
What are the income limits for affordable housing in Los Angeles County, CA?+
For a 4-person household in Los Angeles County, CA, the income limits are: Extremely Low Income (30% AMI): $35,450, Very Low Income (50% AMI): $59,100, Low Income (80% AMI): $94,600. These limits are set by HUD and updated annually.
Who is eligible to live at Regency Court Apts?+
Regency Court Apts primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Regency Court Apts?+
Regency Court Apts is managed by . You can reach them at .
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Regency Court Apts
Duarte Manor Apartments
Duarte, CA
42 UnitsRoyal Vista Terrace
Duarte, CA
75 UnitsAndres Duarte Terrace Ii
Duarte, CA
43 UnitsHeritage Park At Monrovia
Monrovia, CA
78 UnitsCherrylee Gardens
El Monte, CA
78 UnitsRegency Court Apartments
Monrovia, CA
115 Units