About This Property
Park Place is a 32-unit affordable housing community in Rialto that includes 30 low-income units and was placed in service in 2012. The property features a unit mix of twenty-five 2-bedroom and seven 3-bedroom apartments and is financed through tax-exempt bonds with 4% LIHTC credits. Park Place is owned by a non-profit organization and operates under affordable housing restrictions.
Property Details
Fair Market Rent - San Bernardino 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 - San Bernardino 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 Rialto, CA?+
The Fair Market Rent (FMR) for San Bernardino County, CA is: $1517 (Studio), $1611 (1BR), $2010 (2BR), $2707 (3BR), $3304 (4BR). Actual rent at subsidized properties like Park Place is typically 30% of household income or less.
What size apartments are available at Park Place?+
Park Place offers the following unit types: 25 Two-Bedroom, 7 Three-Bedroom units, for a total of 32 units.
What is the price range for apartments in Rialto, CA?+
Based on Fair Market Rent for San Bernardino County, the estimated price range is: 2-bedroom: $2010, 3-bedroom: $2707. Actual rent at Park Place may be lower for income-eligible households.
What are the income limits for affordable housing in San Bernardino County, CA?+
For a 4-person household in San Bernardino 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 Park Place?+
Park Place is managed by . You can reach them at .
How do I apply for housing at Park Place?+
Park Place 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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