About This Property
Fairbanks Terrace Apartments comprises 83 units in San Diego, with 81 designated as low-income housing serving elderly residents. The property offers 66 one-bedroom and 17 two-bedroom units and has been in service since 2017. Fairbanks Terrace Apartments is non-profit owned and financed through 4% Low-Income Housing Tax Credits.
Waitlist Information
Waitlist managed by San Diego Housing Commission
The Public Housing waitlist is currently closed. The San Diego Housing Commission (SDHC) is not accepting new applications for Public Housing at this time.
The Housing Choice Voucher (HCV) waitlist is currently closed. The San Diego Housing Commission (SDHC) is not accepting new applications for the HCV program at this time.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - San Diego 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 | $2,062 |
| 1 Bedroom | $2,248 |
| 2 Bedroom | $2,833 |
| 3 Bedroom | $3,819 |
| 4 Bedroom | $4,638 |
Income Limits - San Diego County, CA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $25,450
- Very Low (50%)
- $42,450
- Low (80%)
- $67,900
- Extremely Low (30%)
- $29,100
- Very Low (50%)
- $48,500
- Low (80%)
- $77,600
- Extremely Low (30%)
- $32,750
- Very Low (50%)
- $54,550
- Low (80%)
- $87,300
- Extremely Low (30%)
- $36,350
- Very Low (50%)
- $60,600
- Low (80%)
- $97,000
- Extremely Low (30%)
- $39,300
- Very Low (50%)
- $65,450
- Low (80%)
- $104,800
- Extremely Low (30%)
- $42,200
- Very Low (50%)
- $70,300
- Low (80%)
- $112,550
- Extremely Low (30%)
- $45,100
- Very Low (50%)
- $75,150
- Low (80%)
- $120,300
- Extremely Low (30%)
- $48,000
- Very Low (50%)
- $80,000
- Low (80%)
- $128,050
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $25,450 | $42,450 | $67,900 |
| 2 Persons | $29,100 | $48,500 | $77,600 |
| 3 Persons | $32,750 | $54,550 | $87,300 |
| 4 Persons | $36,350 | $60,600 | $97,000 |
| 5 Persons | $39,300 | $65,450 | $104,800 |
| 6 Persons | $42,200 | $70,300 | $112,550 |
| 7 Persons | $45,100 | $75,150 | $120,300 |
| 8 Persons | $48,000 | $80,000 | $128,050 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in San Diego, CA?+
The Fair Market Rent (FMR) for San Diego County, CA is: $2062 (Studio), $2248 (1BR), $2833 (2BR), $3819 (3BR), $4638 (4BR). Actual rent at subsidized properties like Fairbanks Terrace Apartments is typically 30% of household income or less.
What size apartments are available at Fairbanks Terrace Apartments?+
Fairbanks Terrace Apartments offers the following unit types: 66 One-Bedroom, 17 Two-Bedroom units, for a total of 83 units.
What is the price range for apartments in San Diego, CA?+
Based on Fair Market Rent for San Diego County, the estimated price range is: 1-bedroom: $2248, 2-bedroom: $2833. Actual rent at Fairbanks Terrace Apartments may be lower for income-eligible households.
What are the income limits for affordable housing in San Diego County, CA?+
For a 4-person household in San Diego County, CA, the income limits are: Extremely Low Income (30% AMI): $36,350, Very Low Income (50% AMI): $60,600, Low Income (80% AMI): $97,000. These limits are set by HUD and updated annually.
How do I apply for housing at Fairbanks Terrace Apartments?+
Fairbanks Terrace Apartments 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.
Who is eligible to live at Fairbanks Terrace Apartments?+
Fairbanks Terrace Apartments primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Is there a waitlist for Fairbanks Terrace Apartments?+
Public Housing waitlist is currently Closed. 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 Fairbanks Terrace Apartments?+
Fairbanks Terrace Apartments is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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