About This Property
Palo Alto Gardens comprises 156 units in Palo Alto, with 155 designated as low-income housing. The property includes 128 one-bedroom units, 20 two-bedroom units, and 8 three-bedroom units, financed through tax-exempt bonds and 4% Low-Income Housing Tax Credits. The community has been in service since 1999.
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 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Palo Alto, 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 Palo Alto Gardens is typically 30% of household income or less.
What size apartments are available at Palo Alto Gardens?+
Palo Alto Gardens offers the following unit types: 128 One-Bedroom, 20 Two-Bedroom, 8 Three-Bedroom units, for a total of 156 units.
What is the price range for apartments in Palo Alto, CA?+
Based on Fair Market Rent for Santa Clara County, the estimated price range is: 1-bedroom: $2694, 2-bedroom: $3132, 3-bedroom: $4011. Actual rent at Palo Alto Gardens may be lower for income-eligible households.
How do I apply for housing at Palo Alto Gardens?+
Palo Alto Gardens 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.
Who manages Palo Alto Gardens?+
Palo Alto Gardens is managed by . You can reach them at . Visit their website for more information.
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.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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