About This Property
Sherwood Village comprises 124 units in Salinas, California, with 123 designated as low-income housing. The property has been in service since 2008 and houses 102 one-bedroom and 22 two-bedroom units designed to serve elderly residents. Financing includes HOME funds and 9% Low-Income Housing Tax Credits, with the property owned and operated by a non-profit organization.
Waitlist Information
Waitlist managed by Housing Authority of the County of Monterey
The Housing Authority manages a diverse portfolio of affordable housing properties across Monterey County for various needs.
The Housing Choice Voucher (HCV) program, also known as Section 8, waitlist is currently closed. The waitlist application process will last two weeks. Once the waitlist application process closes, HACM will run a lottery to place the first 5,000 applicants on the wait list. Eligibility will be determined based upon HUD Income Limits (75% of families selected from the wait list must be at 50% of Area Median Income for the family size) at the time of selection from the waiting list. HACM also determines program eligibility based upon criminal background checks, and previous program compliance.
Waitlist data provided by section8waitlist.org
Updated May 29, 2026
Property Details
Fair Market Rent - Monterey 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 | $2,340 |
| 1 Bedroom | $2,367 |
| 2 Bedroom | $2,879 |
| 3 Bedroom | $3,990 |
| 4 Bedroom | $4,400 |
Income Limits - Monterey County, CA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $21,350
- Very Low (50%)
- $35,600
- Low (80%)
- $56,950
- Extremely Low (30%)
- $24,400
- Very Low (50%)
- $40,700
- Low (80%)
- $65,100
- Extremely Low (30%)
- $27,450
- Very Low (50%)
- $45,800
- Low (80%)
- $73,250
- Extremely Low (30%)
- $30,500
- Very Low (50%)
- $50,850
- Low (80%)
- $81,350
- Extremely Low (30%)
- $32,950
- Very Low (50%)
- $54,950
- Low (80%)
- $87,900
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $59,000
- Low (80%)
- $94,400
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $63,100
- Low (80%)
- $100,900
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $67,150
- Low (80%)
- $107,400
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $21,350 | $35,600 | $56,950 |
| 2 Persons | $24,400 | $40,700 | $65,100 |
| 3 Persons | $27,450 | $45,800 | $73,250 |
| 4 Persons | $30,500 | $50,850 | $81,350 |
| 5 Persons | $32,950 | $54,950 | $87,900 |
| 6 Persons | $35,580 | $59,000 | $94,400 |
| 7 Persons | $40,120 | $63,100 | $100,900 |
| 8 Persons | $44,660 | $67,150 | $107,400 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Salinas, CA?+
The Fair Market Rent (FMR) for Monterey County, CA is: $2340 (Studio), $2367 (1BR), $2879 (2BR), $3990 (3BR), $4400 (4BR). Actual rent at subsidized properties like Sherwood Village is typically 30% of household income or less.
What size apartments are available at Sherwood Village?+
Sherwood Village offers the following unit types: 102 One-Bedroom, 22 Two-Bedroom units, for a total of 124 units.
Who manages Sherwood Village?+
Sherwood Village is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Sherwood Village?+
Sherwood Village 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.
Is there a waitlist for Sherwood Village?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Who is eligible to live at Sherwood Village?+
Sherwood Village primarily serves elderly residents. 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 Salinas, CA?+
Based on Fair Market Rent for Monterey County, the estimated price range is: 1-bedroom: $2367, 2-bedroom: $2879. Actual rent at Sherwood Village may be lower for income-eligible households.
What are the income limits for affordable housing in Monterey County, CA?+
For a 4-person household in Monterey County, CA, the income limits are: Extremely Low Income (30% AMI): $30,500, Very Low Income (50% AMI): $50,850, Low Income (80% AMI): $81,350. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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