About This Property
Cypress Springs Apts comprises 101 units in Riverside, California, with 99 designated as low-income housing serving families. The property offers a unit mix of 13 two-bedroom, 82 three-bedroom, and 6 four-bedroom apartments and has been in service since 2007. The development utilizes 9% Low-Income Housing Tax Credit financing.
Waitlist Information
Waitlist managed by Housing Authority of the County of Riverside
The Public Housing waiting list is closed.
The Housing Choice Voucher (Section 8) waiting list closed on September 1, 2025, for all new applicants; limited exceptions for those meeting First Level Preferences were in effect as of July 1, 2023. Key preferences include eligible veterans, widows of veterans, those 70 years and older, and Project RoomKey participants (65+ or pregnant); applicants must meet income limits (75% at or below 30% AMI, 25% between 30% and 50% AMI), and veterans/active duty servicemen receive priority.
Waitlist data provided by section8waitlist.org
Updated August 22, 2026
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 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Riverside, 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 Cypress Springs Apts is typically 30% of household income or less.
What size apartments are available at Cypress Springs Apts?+
Cypress Springs Apts offers the following unit types: 13 Two-Bedroom, 82 Three-Bedroom, 6 Four-Bedroom units, for a total of 101 units.
What is the price range for apartments in Riverside, CA?+
Based on Fair Market Rent for Riverside County, the estimated price range is: 2-bedroom: $2010, 3-bedroom: $2707. Actual rent at Cypress Springs Apts 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 manages Cypress Springs Apts?+
Cypress Springs Apts is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for Cypress Springs Apts?+
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 Cypress Springs Apts?+
Cypress Springs Apts primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Cypress Springs Apts?+
Cypress Springs 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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