Rent: $1,279

Deposit: $1,779

Lease Length: Month-to-Month

Studio Size: Approximately 200ft

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Yerba Buena Commons is funded in part by a program called the Low-Income Housing Tax Credit program. This government program along with other sources used to build the property require management to screen all applicants carefully. All potential residents must qualify based on projected annual income (including assets), household size, student status, background check, credit report and rental history.

 

Studios can accommodate 1-2 occupants over the age of 18. Households with 1-2 adults may also contain minors.

Each applicant over the age of 18 must complete a separate application.

 

Applicants must have a verifiable current annual income above $28,000.

Applicants must have a verifiable current annual income below $51,160.

The maximum annual income limit increases to $58,480 for two people applying to live together,

however your individual income and assets will be combined.

All income calculations are based on gross earnings except for income that classifies as self-employment. 

Income must be current and continuous. Any sources of income that will be discontinued during the move

cannot be used to qualify an application.

 

Applicants will need to provide specific proof of income and assets during the application. Click here for details.

 

This building cannot accept a household of all full-time students. Anything less than full-time is acceptable.

 

Studios are leased on a first-come-first-served basis. Please contact for current availability. 

If there are no immediate vacancies applicants are encouraged to apply for a spot on the waiting list.

Applications may take up to several days or weeks to approve. Approved applications stay valid for up to 4 months. 

Application Phase One:  Click the button to start your online application.

This application includes a background check and credit check.

If your application does not pass phase one you will receive a denial letter in the mail.

 

Application Phase Two:  Once phase one has completed processing the leasing manager will contact you to schedule an appointment to meet in person. During this appointment we will document proof of your current annual income, student status and assets. Alternative methods of collecting this documentation are available for applicants that are unable to meet in person.