About This Property
Aspen Apts contains 101 units in Milpitas, California, with 100 designated as low-income housing serving families. The property, which has been in service since 2008, includes 51 two-bedroom and 50 three-bedroom units and is financed through 9% Low-Income Housing Tax Credits. The property is managed by [property management company name].
Property Details
Fair Market Rent - Santa Clara 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 | $2,383 |
| 1 Bedroom | $2,694 |
| 2 Bedroom | $3,132 |
| 3 Bedroom | $4,011 |
| 4 Bedroom | $4,425 |
Income Limits - Santa Clara County, CA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $34,800
- Very Low (50%)
- $58,000
- Low (80%)
- $82,450
- Extremely Low (30%)
- $39,800
- Very Low (50%)
- $66,300
- Low (80%)
- $94,200
- Extremely Low (30%)
- $44,750
- Very Low (50%)
- $74,600
- Low (80%)
- $106,000
- Extremely Low (30%)
- $49,700
- Very Low (50%)
- $82,850
- Low (80%)
- $117,750
- Extremely Low (30%)
- $53,700
- Very Low (50%)
- $89,500
- Low (80%)
- $127,200
- Extremely Low (30%)
- $57,700
- Very Low (50%)
- $96,150
- Low (80%)
- $136,600
- Extremely Low (30%)
- $61,650
- Very Low (50%)
- $102,750
- Low (80%)
- $146,050
- Extremely Low (30%)
- $65,650
- Very Low (50%)
- $109,400
- Low (80%)
- $155,450
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $34,800 | $58,000 | $82,450 |
| 2 Persons | $39,800 | $66,300 | $94,200 |
| 3 Persons | $44,750 | $74,600 | $106,000 |
| 4 Persons | $49,700 | $82,850 | $117,750 |
| 5 Persons | $53,700 | $89,500 | $127,200 |
| 6 Persons | $57,700 | $96,150 | $136,600 |
| 7 Persons | $61,650 | $102,750 | $146,050 |
| 8 Persons | $65,650 | $109,400 | $155,450 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Milpitas, CA?+
The Fair Market Rent (FMR) for Santa Clara County, CA is: $2383 (Studio), $2694 (1BR), $3132 (2BR), $4011 (3BR), $4425 (4BR). Actual rent at subsidized properties like Aspen Apts (Milpitas) is typically 30% of household income or less.
What size apartments are available at Aspen Apts (Milpitas)?+
Aspen Apts (Milpitas) offers the following unit types: 51 Two-Bedroom, 50 Three-Bedroom units, for a total of 101 units.
What is the price range for apartments in Milpitas, CA?+
Based on Fair Market Rent for Santa Clara County, the estimated price range is: 2-bedroom: $3132, 3-bedroom: $4011. Actual rent at Aspen Apts (Milpitas) may be lower for income-eligible households.
What are the income limits for affordable housing in Santa Clara County, CA?+
For a 4-person household in Santa Clara County, CA, the income limits are: Extremely Low Income (30% AMI): $49,700, Very Low Income (50% AMI): $82,850, Low Income (80% AMI): $117,750. These limits are set by HUD and updated annually.
Who is eligible to live at Aspen Apts (Milpitas)?+
Aspen Apts (Milpitas) 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 Aspen Apts (Milpitas)?+
Aspen Apts (Milpitas) 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.
Who manages Aspen Apts (Milpitas)?+
Aspen Apts (Milpitas) is managed by . You can reach them at .
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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