About This Property
Cypress Cove Apartments is a 200-unit affordable housing community in Escondido that includes 198 low-income units with a mix of one-, two-, and three-bedroom floor plans. The property has been in service since 2016 and is owned and operated by a non-profit organization. Funding sources include HOME grants and tax-exempt bonds, with financing through 4% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - San Diego 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 | $2,062 |
| 1 Bedroom | $2,248 |
| 2 Bedroom | $2,833 |
| 3 Bedroom | $3,819 |
| 4 Bedroom | $4,638 |
Income Limits - San Diego County, CA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $25,450
- Very Low (50%)
- $42,450
- Low (80%)
- $67,900
- Extremely Low (30%)
- $29,100
- Very Low (50%)
- $48,500
- Low (80%)
- $77,600
- Extremely Low (30%)
- $32,750
- Very Low (50%)
- $54,550
- Low (80%)
- $87,300
- Extremely Low (30%)
- $36,350
- Very Low (50%)
- $60,600
- Low (80%)
- $97,000
- Extremely Low (30%)
- $39,300
- Very Low (50%)
- $65,450
- Low (80%)
- $104,800
- Extremely Low (30%)
- $42,200
- Very Low (50%)
- $70,300
- Low (80%)
- $112,550
- Extremely Low (30%)
- $45,100
- Very Low (50%)
- $75,150
- Low (80%)
- $120,300
- Extremely Low (30%)
- $48,000
- Very Low (50%)
- $80,000
- Low (80%)
- $128,050
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $25,450 | $42,450 | $67,900 |
| 2 Persons | $29,100 | $48,500 | $77,600 |
| 3 Persons | $32,750 | $54,550 | $87,300 |
| 4 Persons | $36,350 | $60,600 | $97,000 |
| 5 Persons | $39,300 | $65,450 | $104,800 |
| 6 Persons | $42,200 | $70,300 | $112,550 |
| 7 Persons | $45,100 | $75,150 | $120,300 |
| 8 Persons | $48,000 | $80,000 | $128,050 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Escondido, CA?+
The Fair Market Rent (FMR) for San Diego County, CA is: $2062 (Studio), $2248 (1BR), $2833 (2BR), $3819 (3BR), $4638 (4BR). Actual rent at subsidized properties like Cypress Cove Apartments is typically 30% of household income or less.
What size apartments are available at Cypress Cove Apartments?+
Cypress Cove Apartments offers the following unit types: 50 One-Bedroom, 100 Two-Bedroom, 50 Three-Bedroom units, for a total of 200 units.
What is the price range for apartments in Escondido, CA?+
Based on Fair Market Rent for San Diego County, the estimated price range is: 1-bedroom: $2248, 2-bedroom: $2833, 3-bedroom: $3819. Actual rent at Cypress Cove Apartments may be lower for income-eligible households.
Who manages Cypress Cove Apartments?+
Cypress Cove Apartments is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in San Diego County, CA?+
For a 4-person household in San Diego County, CA, the income limits are: Extremely Low Income (30% AMI): $36,350, Very Low Income (50% AMI): $60,600, Low Income (80% AMI): $97,000. These limits are set by HUD and updated annually.
How do I apply for housing at Cypress Cove Apartments?+
Cypress Cove Apartments 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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