About This Property
Mission Village Terrace contains 84 units in Los Angeles, California, with 83 designated as low-income housing serving families. The property offers a mix of one-, two-, and three-bedroom units, with 34 one-bedroom, 6 two-bedroom, and 44 three-bedroom apartments. Placed in service in 1998, the community utilizes 4% Low-Income Housing Tax Credits and tax-exempt bond financing.
Waitlist Information
Waitlist managed by Housing Authority of the City of Los Angeles
Placement on the waiting list is based on date/time of application and qualifying preferences. Preferences are given to applicants who are employed, attending higher education, self-sufficient, active military/veterans (with priority for veteran families), disabled, or age 62 or older. The waitlist is not currently accepting 1-bedroom applications.
The last application period for the Section 8 Waiting List Lottery was from October 17, 2022, through October 30, 2022. A computer-randomized lottery was used to select up to 30,000 applicants. Preferences included living, working, or being hired to work within the City of Los Angeles, and being a veteran or having a household member who is a veteran.
Waitlist data provided by section8waitlist.org
Updated July 8, 2026
Property Details
Fair Market Rent - Los Angeles County, CA
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,777 |
| 1 Bedroom | $2,006 |
| 2 Bedroom | $2,544 |
| 3 Bedroom | $3,263 |
| 4 Bedroom | $3,600 |
Income Limits - Los Angeles County, CA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $24,850
- Very Low (50%)
- $41,400
- Low (80%)
- $66,250
- Extremely Low (30%)
- $28,400
- Very Low (50%)
- $47,300
- Low (80%)
- $75,700
- Extremely Low (30%)
- $31,950
- Very Low (50%)
- $53,200
- Low (80%)
- $85,150
- Extremely Low (30%)
- $35,450
- Very Low (50%)
- $59,100
- Low (80%)
- $94,600
- Extremely Low (30%)
- $38,300
- Very Low (50%)
- $63,850
- Low (80%)
- $102,200
- Extremely Low (30%)
- $41,150
- Very Low (50%)
- $68,600
- Low (80%)
- $109,750
- Extremely Low (30%)
- $44,000
- Very Low (50%)
- $73,300
- Low (80%)
- $117,350
- Extremely Low (30%)
- $46,800
- Very Low (50%)
- $78,050
- Low (80%)
- $124,900
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $24,850 | $41,400 | $66,250 |
| 2 Persons | $28,400 | $47,300 | $75,700 |
| 3 Persons | $31,950 | $53,200 | $85,150 |
| 4 Persons | $35,450 | $59,100 | $94,600 |
| 5 Persons | $38,300 | $63,850 | $102,200 |
| 6 Persons | $41,150 | $68,600 | $109,750 |
| 7 Persons | $44,000 | $73,300 | $117,350 |
| 8 Persons | $46,800 | $78,050 | $124,900 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Los Angeles, CA?+
The Fair Market Rent (FMR) for Los Angeles County, CA is: $1777 (Studio), $2006 (1BR), $2544 (2BR), $3263 (3BR), $3600 (4BR). Actual rent at subsidized properties like Mission Village Terrace is typically 30% of household income or less.
What size apartments are available at Mission Village Terrace?+
Mission Village Terrace offers the following unit types: 34 One-Bedroom, 6 Two-Bedroom, 44 Three-Bedroom units, for a total of 84 units.
Is there a waitlist for Mission Village Terrace?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Who manages Mission Village Terrace?+
Mission Village Terrace is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Los Angeles, CA?+
Based on Fair Market Rent for Los Angeles County, the estimated price range is: 1-bedroom: $2006, 2-bedroom: $2544, 3-bedroom: $3263. Actual rent at Mission Village Terrace may be lower for income-eligible households.
Who is eligible to live at Mission Village Terrace?+
Mission Village Terrace primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Mission Village Terrace?+
Mission Village Terrace is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
What are the income limits for affordable housing in Los Angeles County, CA?+
For a 4-person household in Los Angeles County, CA, the income limits are: Extremely Low Income (30% AMI): $35,450, Very Low Income (50% AMI): $59,100, Low Income (80% AMI): $94,600. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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