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Low Income (LIHTC)

Laguna Canyon Apts

400 Limestone, Irvine, CA, 92603

Information verified May 8, 2026·We re-check waiting list status daily

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About This Property

Laguna Canyon Apts offers 120 units in Irvine, Orange County, with 118 designated as low-income housing. The property includes 26 one-bedroom, 50 two-bedroom, and 44 three-bedroom units designed to serve families. Placed in service in 2005, the community is funded through tax-exempt bonds and utilizes 4% Low-Income Housing Tax Credits.

Property Details

Total Units
120
1 Bedroom
26
2 Bedroom
50
3 Bedroom
44

Fair Market Rent - Orange County, CA

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$2,200
1 Bedroom$2,344
2 Bedroom$2,783
3 Bedroom$3,769
4 Bedroom$4,467

Income Limits - Orange County, CA

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$28,250
Very Low (50%)
$47,100
Low (80%)
$75,300
2 Persons
Extremely Low (30%)
$32,300
Very Low (50%)
$53,800
Low (80%)
$86,050
3 Persons
Extremely Low (30%)
$36,350
Very Low (50%)
$60,550
Low (80%)
$96,800
4 Persons
Extremely Low (30%)
$40,350
Very Low (50%)
$67,250
Low (80%)
$107,550
5 Persons
Extremely Low (30%)
$43,600
Very Low (50%)
$72,650
Low (80%)
$116,200
6 Persons
Extremely Low (30%)
$46,850
Very Low (50%)
$78,050
Low (80%)
$124,800
7 Persons
Extremely Low (30%)
$50,050
Very Low (50%)
$83,400
Low (80%)
$133,400
8 Persons
Extremely Low (30%)
$53,300
Very Low (50%)
$88,800
Low (80%)
$142,000

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Tax Credit Program Details

Year Placed in Service
2005
LIHTC Credit Type
4%
Low-Income Units
118 / 120
Target Population
Families
Funding Programs
Tax-Exempt Bond

Frequently Asked Questions

What is the average rent for affordable housing in Irvine, CA?+

The Fair Market Rent (FMR) for Orange County, CA is: $2200 (Studio), $2344 (1BR), $2783 (2BR), $3769 (3BR), $4467 (4BR). Actual rent at subsidized properties like Laguna Canyon Apts is typically 30% of household income or less.

What size apartments are available at Laguna Canyon Apts?+

Laguna Canyon Apts offers the following unit types: 26 One-Bedroom, 50 Two-Bedroom, 44 Three-Bedroom units, for a total of 120 units.

Who is eligible to live at Laguna Canyon Apts?+

Laguna Canyon Apts primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

What are the income limits for affordable housing in Orange County, CA?+

For a 4-person household in Orange County, CA, the income limits are: Extremely Low Income (30% AMI): $40,350, Very Low Income (50% AMI): $67,250, Low Income (80% AMI): $107,550. These limits are set by HUD and updated annually.

Who manages Laguna Canyon Apts?+

Laguna Canyon Apts is managed by . You can reach them at . Visit their website for more information.

How do I apply for housing at Laguna Canyon Apts?+

Laguna Canyon Apts 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 is the price range for apartments in Irvine, CA?+

Based on Fair Market Rent for Orange County, the estimated price range is: 1-bedroom: $2344, 2-bedroom: $2783, 3-bedroom: $3769. Actual rent at Laguna Canyon Apts may be lower for income-eligible households.

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Walk Score

Car-Dependent

26
Walk
25
Transit
58
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Orange County, CA

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