Thursday, January 22, 2009
by Patti Lyles
NOTE:
Landlords of Section 8 rentals
are typically charging about 10% less
than they would to the general public.
Housing Authority of the County of Santa Cruz.
SECTION 8 SCHEDULE OF PAYMENT STANDARDS
Effective October 1, 2008
Sharing RO $706
Studio style $941
1bed $1,183
2bed $1,542
3bed $2,219
4bed $2,287
5bed $2,576
6bed $2,912
7bed $3,248
8bed $3,584
Mobile Home Space $579
More data:
The average rent in California climbed 0.6 percent to $1,435 per month. In Santa Cruz County, the average rent jumped to $1,637.
The average rent in Santa Cruz County was higher than in San Francisco, and Napa. San Francisco ranked fourth in the state with average rent of $1,624. The only California community surveyed last quarter with higher rents than Santa Cruz was San Jose-Sunnyvale-Santa Clara, with an average rate of $1,674.
The average occupancy rate in California dropped 0.4 percent to 94 percent. BUT In Santa Cruz County, the occupancy rate climbed 0.6 percent to 96.5 percent. Santa Cruz-Watsonville tied with Chico for the highest occupancy rate. Napa, Hanford/Corcoran, Merced and San Francisco followed. The San Jose-Sunnyvale-Santa Clara region ranked 10th with an occupancy rate of 94.8 percent.
In Santa Cruz, average rents have increased 25.8 percent in the past four years. The highest increase -- 31.5 percent -- was for
one-bedroom apartments.
SOURCE: RealFacts