About This Property
Rancho Dorado South consists of 79 units in Moreno Valley, Riverside County, with 78 designated as low-income housing. The property features 55 two-bedroom and 24 three-bedroom units designed to serve families and has been in operation since 2013. The development utilizes 9% Low-Income Housing Tax Credits and is owned and operated by a non-profit organization.
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 Moreno Valley, 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 Rancho Dorado South is typically 30% of household income or less.
What size apartments are available at Rancho Dorado South?+
Rancho Dorado South offers the following unit types: 55 Two-Bedroom, 24 Three-Bedroom units, for a total of 79 units.
What is the price range for apartments in Moreno Valley, CA?+
Based on Fair Market Rent for Riverside County, the estimated price range is: 2-bedroom: $2010, 3-bedroom: $2707. Actual rent at Rancho Dorado South may be lower for income-eligible households.
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 is eligible to live at Rancho Dorado South?+
Rancho Dorado South primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Rancho Dorado South?+
Rancho Dorado South is managed by . You can reach them at .
How do I apply for housing at Rancho Dorado South?+
Rancho Dorado South 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.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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