Waterman Square — Income-Restricted Housing in Elk Grove, CA 95624
9160 Waterman Rd, Elk Grove, CA 95624
84 units · 83 income-restricted · 2–4+ BR
How to apply
- No phone is listed. Try visiting the property or asking the city housing office how to apply.
- These records do not show openings — call to confirm vacancies and waiting lists.
At this building
- Opened
- 2009
- Income limit
- 60% AMI
- Bedrooms
- 48 2 bedrooms · 28 3 bedrooms · 8 4+ bedrooms
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Nearby income-restricted buildings
The Crossings at Elk Grove
8575 Elk Grove Florin Rd, Elk Grove, CA 95624
1.7 mi away
116 units · 115 income-restricted · 1–4+ BR
Stoneridge at Elk Grove
8515 Elk Grove Florin Rd, Elk Grove, CA 95624
1.8 mi away
96 units · 95 income-restricted · 2–4+ BR
Bow Street Apartments
8740 Auberry Drive, Elk Grove, CA 95624
2.8 mi away
98 units · 97 income-restricted · 1–3 BR
Geneva Pointe Apts
8280 Geneva Pointe Dr, Elk Grove, CA 95624
3.2 mi away
152 units · 150 income-restricted · 1–3 BR
Terracina Apts at Elk Grove
9440 W Stockton Blvd, Elk Grove, CA 95758
2.2 mi away
124 units · 122 income-restricted · 1–3 BR
Arbor Creek Senior Apartments
8350 Elk Grove Florin Road, Sacramento, CA 95829
2.2 mi away
60 units · 59 income-restricted · 1–2 BR
Arbor Creek Family Apartments
8340 Elk Grove Florin Rd, Sacramento, CA 95829
2.3 mi away
102 units · 101 income-restricted · 1–3 BR
Churchill Downs Apts
8155 Waterman Rd, Sacramento, CA 95829
2.5 mi away
204 units · 163 income-restricted · 1–3 BR
Rents and income limits in 95624
- Fair market rent, 2 bedrooms
- $2,430/mo
- Income needed to pay it at 30% of income
- $97,200/yr
- Renters in 95624 paying 30% or more of income on rent
- 52%
Income limits (2026)
Sacramento--Roseville--Arden-Arcade, CA area · median family income $124,000. Your household's yearly income before taxes must be at or below the limit.
| People | Extremely low 30% | Very low 50% | Low 80% |
|---|---|---|---|
| 1 | $27,600 | $46,000 | $73,600 |
| 2 | $31,550 | $52,600 | $84,100 |
| 3 | $35,500 | $59,150 | $94,600 |
| 4 | $39,400 | $65,700 | $105,100 |
| 5 | $42,600 | $71,000 | $113,550 |
| 6 | $45,750 | $76,250 | $121,950 |
| 7 | $50,040 | $81,500 | $130,350 |
| 8 | $55,720 | $86,750 | $138,750 |
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.
| Size | 95624 | Wider area |
|---|---|---|
| Studio | $1,920 | $1,742 |
| 1 bedroom | $1,980 | $1,793 |
| 2 bedrooms | $2,430 | $2,201 |
| 3 bedrooms | $3,190 | $2,887 |
| 4 bedrooms | $3,680 | $3,329 |
Wider area = Sacramento--Roseville--Arden-Arcade, CA. Two-bedroom fair market rents in 10 nearby ZIPs range from $1,750 (95824) to $2,770 (95655).
Census figures for 95624 (2020–2024 average): median rent $2,039. Median household income $125,332. 23% of homes are rented. 52% of renters pay 30% or more of their income on rent, and 27% 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 95624's fair market rent.
Estimate your Section 8 rent share for 95624Frequently Asked Questions
How do I apply to Waterman Square?
No phone is listed for Waterman Square. Try the city housing office or, for USDA rural properties, USDA's Multifamily Housing search. These records do not show openings.
Is Waterman Square Section 8 housing?
Waterman Square is listed as income-restricted housing in Elk Grove, CA 95624 (lihtc). It is not labeled as project-based Section 8 in this file. Call to ask which programs they run.
How many units are at Waterman Square?
Public records list 84 units at Waterman Square in Elk Grove, CA 95624. That is a building size, not a count of open apartments.
Are there other affordable apartments near Waterman Square?
Yes — this page lists other income-restricted buildings in 95624 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 Waterman Square?
Call the number on this page and ask about the waiting list or how to apply at Waterman Square in Elk Grove, CA 95624. 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 Elk Grove, CA 95624?
Most income-restricted buildings in Elk Grove, CA 95624 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 $46,000, and $65,700 for a 4-person household. Public housing can go up to 80% ($73,600 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 Elk Grove, CA 95624?
For many programs in Elk Grove, CA 95624, the 2026 HUD very low-income (50%) limit is $46,000 a year for 1 person and $65,700 for 4 people. The low-income (80%) limit is $73,600 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 Elk Grove, CA 95624?
In public housing and most Section 8 in Elk Grove, CA 95624, tenants typically pay about 30% of adjusted income. HUD's 2027 fair market rent for a 2-bedroom near Elk Grove, CA 95624 is $2,430 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 Waterman Square take Section 8 vouchers?
This file does not say that Waterman Square has a project-based Section 8 contract. Some landlords in Elk Grove, CA 95624 accept Housing Choice Vouchers; you have to ask. Apply for a voucher with the housing authority, then call Waterman Square.
Sources: HUD LIHTC database, 2024 (released Apr 2026); HUD Multifamily Assisted Properties, Oct 2026. Not affiliated with HUD or USDA. Details can be out of date — confirm with the property before applying. Report a correction.