Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. The median gross income for households in Half Moon Bay is $103,255 a year, or $8,605 a month. Income and Rent Overburden in Half Moon Bay 28.88% of households in Half Moon Bay are renters. There are 4,585 households in the city with an average household size of 2.63 persons. Half Moon Bay is a city in San Mateo County, California with a population of 12,052. ± 10.32pp Total Population 12,052 Population and Household Demographics ±$165 Percentage Of Renters Overburdened 47.28% Total Affordable Apartment Properties 7 Total Low Income Apartments 413 Total Housing Units with Rental Assistance 114 Percentage of Housing Units Occupied By Renters 28.88% Average Renter Household Size 2.95 Average Household Size 2.63 Median Household Income $103,255 Half Moon Bay, CA Affordable Housing Snapshot Sourced from federal housing data and research. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program. 2023 Half Moon Bay, California Fair Market Rents and Housing Choice Voucher Payment Standardsįair Market Rents can be used to better understand the average housing costs of an area. The maximum amount a voucher would pay on behalf of a low-income tenant in Half Moon Bay, California for a two-bedroom apartment is between $2,869 and $3,507. The average voucher holder contributes $300 towards rent in Half Moon Bay. On average, Section 8 Housing Choice vouchers pay Half Moon Bay landlords $1,500 per month towards rent. Housing Choice Vouchers in Half Moon Bay, California There are 184 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Half Moon Bay. Low Rent Apartments in Half Moon Bay, California Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities. Half Moon Bay features 114 income based apartments. Half Moon Bay, California Affordable Housing Data Income Based Apartments in Half Moon Bay, California
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