Valley Apartments #3 — Income-Restricted Housing in El Centro, CA 92243

975 N. Waterman Ct, El Centro, CA 92243

Section 8

24 units · 2 BR

Leasing office: (760) 351-7000Directions

How to apply

  1. Call the leasing office at (760) 351-7000 to ask about applying, vacancies, and waiting lists.
  2. These records do not show openings — call to confirm vacancies and waiting lists.

At this building

Opened
1979
Bedrooms
24 2 bedrooms
HUD inspection
HUD inspection score: 90/100 (Jul 2024) HUD inspects subsidized buildings on a 0–100 scale. This is a snapshot, not a pass/fail grade.

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Nearby income-restricted buildings

Rents and income limits in 92243

Fair market rent, 2 bedrooms
$1,350/mo
Income needed to pay it at 30% of income
$54,000/yr
Renters in 92243 paying 30% or more of income on rent
54%

Income limits (2026)

El Centro, CA area · median family income $75,500. Your household's yearly income before taxes must be at or below the limit.

PeopleExtremely low 30%Very low 50%Low 80%
1$20,450$34,000$54,400
2$23,350$38,850$62,200
3$27,320$43,700$69,950
4$33,000$48,550$77,700
5$38,680$52,450$83,950
6$44,360$56,350$90,150
7$50,040$60,250$96,350
8$55,720$64,100$102,600

Section 8 vouchers: up to the 50% limit, and most go to households under 30%. Public housing: up to 80%. Tax-credit apartments: usually up to 60% of median income, between the 50% and 80% columns.

Fair market rents (2027)

HUD's estimate of rent plus utilities for a modest home. Housing authorities set Section 8 voucher limits from it.

Size92243Wider area
Studio$940$938
1 bedroom$1,030$1,030
2 bedrooms$1,350$1,347
3 bedrooms$1,820$1,819
4 bedrooms$2,260$2,251

Wider area = El Centro, CA. Two-bedroom fair market rents in 4 nearby ZIPs range from $1,270 (92273) to $1,760 (92251).

Census figures for 92243 (2020–2024 average): median rent $1,054. Median household income $55,057. 49% of homes are rented. 54% of renters pay 30% or more of their income on rent, and 26% pay half or more.

Census median rent is what renters here actually pay, including long-term leases. Fair market rent is HUD's estimate for a modest apartment available now.

Sources: HUD income limits FY2026; HUD Fair Market Rents FY2027 (Small Area FMR for ZIP figures); U.S. Census Bureau American Community Survey 5-year 2020–2024. Each program and building can set its own limits — confirm with the property.

Estimate your Section 8 rent share

Project-based Section 8 is on the buildings above. A Housing Choice Voucher is different: you apply with the housing authority, then find a landlord who takes it. Your share of rent is based on income — not always 30%. The calculator uses 92243's fair market rent.

Estimate your Section 8 rent share for 92243

Frequently Asked Questions

How do I apply to Valley Apartments #3?

Call (760) 351-7000 and ask about applying, vacancies, and waiting lists at Valley Apartments #3 in El Centro, CA 92243. These records do not show openings.

Is Valley Apartments #3 Section 8 housing?

Valley Apartments #3 is listed with a HUD-assisted or project-based Section 8 contract. The subsidy stays with the apartment. A Housing Choice Voucher is different — you apply with the housing authority. Confirm the program when you call.

How many units are at Valley Apartments #3?

Public records list 24 units at Valley Apartments #3 in El Centro, CA 92243. That is a building size, not a count of open apartments.

Are there other affordable apartments near Valley Apartments #3?

Yes — this page lists other income-restricted buildings in 92243 and nearby ZIP codes. Open a nearby card for the address and phone. Lists still do not show vacancies.

People Also Ask

How do I get into Valley Apartments #3?

Call the number on this page and ask about the waiting list or how to apply at Valley Apartments #3 in El Centro, CA 92243. Public housing is through the housing authority. Bring ID and income documents when they tell you to. This site cannot submit an application for you.

How do I qualify for affordable housing in El Centro, CA 92243?

Most income-restricted buildings in El Centro, CA 92243 serve households at or below 50% or 80% of area median income. HUD's 2026 very low-income (50%) limit for a 1-person household is $34,000, and $48,550 for a 4-person household. Public housing can go up to 80% ($54,400 for 1 person). Each building sets its own cap — call to confirm before you apply. Citizenship, household size, and local preferences can also apply.

What is the income limit for low-income housing in El Centro, CA 92243?

For many programs in El Centro, CA 92243, the 2026 HUD very low-income (50%) limit is $34,000 a year for 1 person and $48,550 for 4 people. The low-income (80%) limit is $54,400 for 1 person. Tax-credit buildings often use 60% of median income. Confirm with the property — they can be stricter.

How much rent do you pay for low-income housing in El Centro, CA 92243?

In public housing and most Section 8 in El Centro, CA 92243, tenants typically pay about 30% of adjusted income. HUD's 2027 fair market rent for a 2-bedroom near El Centro, CA 92243 is $1,350 a month (rent plus utilities for a modest unit). Tax-credit apartments use set rents below market, not always 30% of income. Call the building for the actual rent; this site is not a vacancy or price list.

Does Valley Apartments #3 take Section 8 vouchers?

Valley Apartments #3 is listed with project-based Section 8 or HUD assistance — the subsidy is on the unit, so you usually apply at the building rather than bringing a tenant voucher. Ask when you call whether they also accept Housing Choice Vouchers.

Sources: HUD LIHTC database, 2024 (released Apr 2026); HUD Multifamily Assisted Properties, Oct 2026; USDA Rural Development multifamily, Oct 2026. Not affiliated with HUD or USDA. Details can be out of date — confirm with the property before applying. Report a correction.