About This Property
Parkhurst Terrace comprises 68 units in Aptos, California, with 67 units designated as low-income housing serving families. The property, which opened in 2007, includes a mix of one-, two-, three-, and four-bedroom units, with the majority being two- and three-bedroom apartments. Funding through tax-exempt bonds and 4% Low-Income Housing Tax Credits supports the affordable housing development.
Property Details
Fair Market Rent - Santa Cruz 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 | $2,849 |
| 1 Bedroom | $3,085 |
| 2 Bedroom | $4,054 |
| 3 Bedroom | $5,000 |
| 4 Bedroom | $5,504 |
Income Limits - Santa Cruz County, CA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $29,200
- Very Low (50%)
- $48,650
- Low (80%)
- $78,050
- Extremely Low (30%)
- $33,400
- Very Low (50%)
- $55,600
- Low (80%)
- $89,200
- Extremely Low (30%)
- $37,550
- Very Low (50%)
- $62,550
- Low (80%)
- $100,350
- Extremely Low (30%)
- $41,700
- Very Low (50%)
- $69,500
- Low (80%)
- $111,500
- Extremely Low (30%)
- $45,050
- Very Low (50%)
- $75,100
- Low (80%)
- $120,450
- Extremely Low (30%)
- $48,400
- Very Low (50%)
- $80,650
- Low (80%)
- $129,350
- Extremely Low (30%)
- $51,750
- Very Low (50%)
- $86,200
- Low (80%)
- $138,300
- Extremely Low (30%)
- $55,050
- Very Low (50%)
- $91,750
- Low (80%)
- $147,200
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $29,200 | $48,650 | $78,050 |
| 2 Persons | $33,400 | $55,600 | $89,200 |
| 3 Persons | $37,550 | $62,550 | $100,350 |
| 4 Persons | $41,700 | $69,500 | $111,500 |
| 5 Persons | $45,050 | $75,100 | $120,450 |
| 6 Persons | $48,400 | $80,650 | $129,350 |
| 7 Persons | $51,750 | $86,200 | $138,300 |
| 8 Persons | $55,050 | $91,750 | $147,200 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Aptos, CA?+
The Fair Market Rent (FMR) for Santa Cruz County, CA is: $2849 (Studio), $3085 (1BR), $4054 (2BR), $5000 (3BR), $5504 (4BR). Actual rent at subsidized properties like Parkhurst Terrace is typically 30% of household income or less.
What size apartments are available at Parkhurst Terrace?+
Parkhurst Terrace offers the following unit types: 5 One-Bedroom, 28 Two-Bedroom, 29 Three-Bedroom, 6 Four-Bedroom units, for a total of 68 units.
Who is eligible to live at Parkhurst Terrace?+
Parkhurst Terrace primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Aptos, CA?+
Based on Fair Market Rent for Santa Cruz County, the estimated price range is: 1-bedroom: $3085, 2-bedroom: $4054, 3-bedroom: $5000. Actual rent at Parkhurst Terrace may be lower for income-eligible households.
Who manages Parkhurst Terrace?+
Parkhurst Terrace is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Parkhurst Terrace?+
Parkhurst Terrace 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.
What are the income limits for affordable housing in Santa Cruz County, CA?+
For a 4-person household in Santa Cruz County, CA, the income limits are: Extremely Low Income (30% AMI): $41,700, Very Low Income (50% AMI): $69,500, Low Income (80% AMI): $111,500. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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