About This Property
Baker Ranch Affordable, also known as Arroyo at Baker Ranch, contains 189 units in Lake Forest, Orange County, with 187 designated as low-income housing. The property opened in 2015 and includes 57 one-bedroom, 75 two-bedroom, and 57 three-bedroom units designed to serve families. The development utilizes 4% Low-Income Housing Tax Credits and tax-exempt bond financing.
Property Details
Fair Market Rent - Orange 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 | $2,200 |
| 1 Bedroom | $2,344 |
| 2 Bedroom | $2,783 |
| 3 Bedroom | $3,769 |
| 4 Bedroom | $4,467 |
Income Limits - Orange County, CA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $28,250
- Very Low (50%)
- $47,100
- Low (80%)
- $75,300
- Extremely Low (30%)
- $32,300
- Very Low (50%)
- $53,800
- Low (80%)
- $86,050
- Extremely Low (30%)
- $36,350
- Very Low (50%)
- $60,550
- Low (80%)
- $96,800
- Extremely Low (30%)
- $40,350
- Very Low (50%)
- $67,250
- Low (80%)
- $107,550
- Extremely Low (30%)
- $43,600
- Very Low (50%)
- $72,650
- Low (80%)
- $116,200
- Extremely Low (30%)
- $46,850
- Very Low (50%)
- $78,050
- Low (80%)
- $124,800
- Extremely Low (30%)
- $50,050
- Very Low (50%)
- $83,400
- Low (80%)
- $133,400
- Extremely Low (30%)
- $53,300
- Very Low (50%)
- $88,800
- Low (80%)
- $142,000
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $28,250 | $47,100 | $75,300 |
| 2 Persons | $32,300 | $53,800 | $86,050 |
| 3 Persons | $36,350 | $60,550 | $96,800 |
| 4 Persons | $40,350 | $67,250 | $107,550 |
| 5 Persons | $43,600 | $72,650 | $116,200 |
| 6 Persons | $46,850 | $78,050 | $124,800 |
| 7 Persons | $50,050 | $83,400 | $133,400 |
| 8 Persons | $53,300 | $88,800 | $142,000 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Lake Forest, CA?+
The Fair Market Rent (FMR) for Orange County, CA is: $2200 (Studio), $2344 (1BR), $2783 (2BR), $3769 (3BR), $4467 (4BR). Actual rent at subsidized properties like Baker Ranch Affordable Aka Arroyo At Baker Ranch is typically 30% of household income or less.
What size apartments are available at Baker Ranch Affordable Aka Arroyo At Baker Ranch?+
Baker Ranch Affordable Aka Arroyo At Baker Ranch offers the following unit types: 57 One-Bedroom, 75 Two-Bedroom, 57 Three-Bedroom units, for a total of 189 units.
How do I apply for housing at Baker Ranch Affordable Aka Arroyo At Baker Ranch?+
Baker Ranch Affordable Aka Arroyo At Baker Ranch 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 Orange County, CA?+
For a 4-person household in Orange County, CA, the income limits are: Extremely Low Income (30% AMI): $40,350, Very Low Income (50% AMI): $67,250, Low Income (80% AMI): $107,550. These limits are set by HUD and updated annually.
Who is eligible to live at Baker Ranch Affordable Aka Arroyo At Baker Ranch?+
Baker Ranch Affordable Aka Arroyo At Baker Ranch primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Baker Ranch Affordable Aka Arroyo At Baker Ranch?+
Baker Ranch Affordable Aka Arroyo At Baker Ranch is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Lake Forest, CA?+
Based on Fair Market Rent for Orange County, the estimated price range is: 1-bedroom: $2344, 2-bedroom: $2783, 3-bedroom: $3769. Actual rent at Baker Ranch Affordable Aka Arroyo At Baker Ranch may be lower for income-eligible households.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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