Builders Patch | HousingCount Riverside County affordable housing data.

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Riverside County

Summary

Renter population data

Renters vs homeowners

Households % share
Renter households 236,037
Homeowner households 504,469
Total households 740,506

Low-income renter households

Income Group Households % share
Extremely low-income (≤30% AMI) 40,974 17.4%
Very low-income (31-50% AMI) 34,711 14.7%
Low-income (51-80% AMI) 33,814 14.3%
All low-income households (<80% AMI) 109,499 46.4%

Rent-burdened households

Share of Income Spent on Rent Households % share
Moderately rent-burdened 64,787 27.4%
30.0–34.9% 22,582 9.6%
35.0–39.9% 17,298 7.3%
40.0-49.9% 24,907 10.6%
Severely rent-burdened 66,148 28.0%
≥50.0% 66,148 28.0%
All rent-burdened households 130,935 55.5%

Affordable housing shortage

Rent vs median household income

Year Median Household Income ($) Median Rent ($) Increase (%)
2010 36,875 871
2021 51,342 1,366 39.2%
56.8%

Affordable housing stock

Units Supply (current stock) Demand (total units needed) Shortage Supply/Demand Ratio
1,169 58,620 57,853 2.0%

HUD National Low Income Housing Tax Credit (LIHTC) Database

Name Type Placed in Service County Market Rate Low-Income LIHTC Allocation Income Ceiling
HIGHBRIDGE OVERLOOK New construction N/A 2014 N/A 1 N/A 60% AMI
IRVINGTON FAMILY APTS New construction N/A 2007 N/A 1 N/A 60% AMI
HILLTOP VILLAGE New construction - Acquisition and Rehab N/A 2012 N/A 0 N/A 60% AMI
HUNTINGTON RESERVE NA N/A 2006 N/A 0 N/A 60% AMI
HOLT + HAMILTON FAMILY APARTMENTS New construction N/A 2016 N/A 1 N/A 60% AMI
INTERVALE GARDENS LLC New construction N/A 2008 N/A 1 N/A 60% AMI