City of Pleasanton Below Market Rental Opportunities

City of Pleasanton Below Market Rental Opportunities Apartment Details

The City of Pleasanton encourages the construction of affordable rental housing by allowing special consideration for projects that provide rental apartment units at below-market rent levels. Nearly 1,000 below-market rental (BMR) apartment units have been built in Pleasanton since the mid-1980's, including most recently a 100-unit complex opened by Greenbriar Homes in 2002 that includes 31 BMR units (\"The Kensington\"). A new 350-unit project called \"Stoneridge Station\" by Windstar Communities was approved in 2008 for a site adjacent to the future BART station near Stoneridge Mall. The complex will include 70 apartments for very low income households, and construction is expected to begin soon.
Visit the cities website listed on this listing to see a full list of current apartments for below market rent.
The City has encouraged the construction of affordable rental housing by allowing special consideration for projects that provide units at below-market rent levels. Four of the largest apartment complexes in Pleasanton include some units in which rents are lower than market rents due to a regulatory agreement between the City and the apartment owner. Information on these BMR apartments (which are not age-restricted) may be obtained by contacting the City's Housing Division at 925-931-5007.

Important information
Waiting Lists
Most low income apartments have waiting lists. Some of these lists can take years until you can be called for openings. The key is to try to get on as many waiting lists as possible.

Call The Apartments Directly
We provide phone numbers and websites. Call the apartments directly if they have openings or open waiting lists.

Apartment Rates
We provide current apartment rates on many listing pages. Most HUD listings do not have published rates. They are based on 30% of the renters adjustable gross income. You will need to contact the apartments to determine if you qualify for income based rent.

Apartment Rental and informational statistics for zip code

Median apartment rental rate in this zip code	$2,287
Population in zip code	45,893
Median age of those living in this zip code	44.2
Average household income of those living in this zip code	$161,204
Average home value in this zip code	$1,067,820