About This Property
Peppertree Apts offers 81 units in Banning, California, with 80 designated as low-income housing serving families. The property includes a mix of two-, three-, and four-bedroom floor plans with 33, 24, and 24 units respectively. Built in 2004, the community utilizes 9% Low-Income Housing Tax Credits and remains actively managed for affordable housing.
Property Details
Fair Market Rent - Riverside 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 | $1,517 |
| 1 Bedroom | $1,611 |
| 2 Bedroom | $2,010 |
| 3 Bedroom | $2,707 |
| 4 Bedroom | $3,304 |
Income Limits - Riverside County, CA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,600
- Very Low (50%)
- $27,650
- Low (80%)
- $44,250
- Extremely Low (30%)
- $19,000
- Very Low (50%)
- $31,600
- Low (80%)
- $50,600
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $35,550
- Low (80%)
- $56,900
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $39,500
- Low (80%)
- $63,200
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $42,700
- Low (80%)
- $68,300
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $45,850
- Low (80%)
- $73,350
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $49,000
- Low (80%)
- $78,400
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $52,150
- Low (80%)
- $83,450
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,600 | $27,650 | $44,250 |
| 2 Persons | $19,000 | $31,600 | $50,600 |
| 3 Persons | $21,960 | $35,550 | $56,900 |
| 4 Persons | $26,500 | $39,500 | $63,200 |
| 5 Persons | $31,040 | $42,700 | $68,300 |
| 6 Persons | $35,580 | $45,850 | $73,350 |
| 7 Persons | $40,120 | $49,000 | $78,400 |
| 8 Persons | $44,660 | $52,150 | $83,450 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Banning, CA?+
The Fair Market Rent (FMR) for Riverside County, CA is: $1517 (Studio), $1611 (1BR), $2010 (2BR), $2707 (3BR), $3304 (4BR). Actual rent at subsidized properties like Peppertree Apts is typically 30% of household income or less.
What size apartments are available at Peppertree Apts?+
Peppertree Apts offers the following unit types: 33 Two-Bedroom, 24 Three-Bedroom, 24 Four-Bedroom units, for a total of 81 units.
What is the price range for apartments in Banning, CA?+
Based on Fair Market Rent for Riverside County, the estimated price range is: 2-bedroom: $2010, 3-bedroom: $2707. Actual rent at Peppertree Apts may be lower for income-eligible households.
Who is eligible to live at Peppertree Apts?+
Peppertree Apts primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Riverside County, CA?+
For a 4-person household in Riverside County, CA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $39,500, Low Income (80% AMI): $63,200. These limits are set by HUD and updated annually.
Who manages Peppertree Apts?+
Peppertree Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Peppertree Apts?+
Peppertree 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.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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