About This Property
Baker Ranch Affordable offers 189 units in Lake Forest, Orange County, comprising 57 one-bedroom, 75 two-bedroom, and 57 three-bedroom apartments designed for families. The property includes 187 low-income units and has been in service since 2015, funded through tax-exempt bonds and 4% Low-Income Housing Tax Credits. This community serves low-income households and operates under affordable housing guidelines.
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 |
Advertisement
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 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 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.
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 .
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Baker Ranch Affordable (Aka Arroyo At Baker Ranch)
Heritage Villas Senior Housing
Mission Viejo, CA
143 UnitsAnesi Apartments Aka Alegre Apts
Irvine, CA
104 UnitsCadence Family Irvine Housing
Irvine, CA
82 UnitsPaloma Summit Apts
Foothill Ranch, CA
200 UnitsDoria Apt Homes Phase Ii
Irvine, CA
74 UnitsWoodbury Walk
Irvine, CA
150 Units