About This Property
Los Banos Apts comprises 66 low-income units in Los Banos, California, within Merced County. The property includes 32 one-bedroom units, 32 two-bedroom units, and 4 three-bedroom units, and has been in service since 2012. The development utilizes 9% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Merced 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 | $994 |
| 1 Bedroom | $1,159 |
| 2 Bedroom | $1,420 |
| 3 Bedroom | $1,995 |
| 4 Bedroom | $2,410 |
Income Limits - Merced County, CA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,650
- Very Low (50%)
- $24,400
- Low (80%)
- $39,050
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,900
- Low (80%)
- $44,600
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,400
- Low (80%)
- $50,200
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $34,850
- Low (80%)
- $55,750
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $37,650
- Low (80%)
- $60,250
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $40,450
- Low (80%)
- $64,700
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $43,250
- Low (80%)
- $69,150
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $46,050
- Low (80%)
- $73,600
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,650 | $24,400 | $39,050 |
| 2 Persons | $17,420 | $27,900 | $44,600 |
| 3 Persons | $21,960 | $31,400 | $50,200 |
| 4 Persons | $26,500 | $34,850 | $55,750 |
| 5 Persons | $31,040 | $37,650 | $60,250 |
| 6 Persons | $35,580 | $40,450 | $64,700 |
| 7 Persons | $40,120 | $43,250 | $69,150 |
| 8 Persons | $44,660 | $46,050 | $73,600 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Los Banos, CA?+
The Fair Market Rent (FMR) for Merced County, CA is: $994 (Studio), $1159 (1BR), $1420 (2BR), $1995 (3BR), $2410 (4BR). Actual rent at subsidized properties like Los Banos Apts is typically 30% of household income or less.
What size apartments are available at Los Banos Apts?+
Los Banos Apts offers the following unit types: 32 One-Bedroom, 32 Two-Bedroom, 4 Three-Bedroom units, for a total of 66 units.
What is the price range for apartments in Los Banos, CA?+
Based on Fair Market Rent for Merced County, the estimated price range is: 1-bedroom: $1159, 2-bedroom: $1420, 3-bedroom: $1995. Actual rent at Los Banos Apts may be lower for income-eligible households.
How do I apply for housing at Los Banos Apts?+
Los Banos Apts 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.
What are the income limits for affordable housing in Merced County, CA?+
For a 4-person household in Merced County, CA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $34,850, Low Income (80% AMI): $55,750. These limits are set by HUD and updated annually.
Who manages Los Banos Apts?+
Los Banos Apts is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Los Banos Apts?+
Los Banos Apts primarily serves AT-RISK. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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