About This Property
Del Rio Terrace Apts comprises 41 units in San Luis Obispo and serves elderly residents with 40 low-income units and one two-bedroom unit. The property includes 40 one-bedroom units and has been in service since 2005, utilizing 4% Low-Income Housing Tax Credits and tax-exempt bond financing. This community provides affordable housing options for seniors in San Luis Obispo County.
Waitlist Information
Waitlist managed by Housing Authority of the City of San Luis Obispo
No notice of when this waiting list will reopen. Rental rates are typically 30% of the household's adjusted gross income.
The Housing Choice Voucher program (Section 8) is currently closed. Applicants who were not chosen in the lottery for the previous interest list will have to reapply when the interest list opens again.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - San Luis Obispo 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 | $1,541 |
| 1 Bedroom | $1,731 |
| 2 Bedroom | $2,274 |
| 3 Bedroom | $3,045 |
| 4 Bedroom | $3,465 |
Income Limits - San Luis Obispo County, CA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $20,550
- Very Low (50%)
- $34,250
- Low (80%)
- $54,800
- Extremely Low (30%)
- $23,500
- Very Low (50%)
- $39,150
- Low (80%)
- $62,600
- Extremely Low (30%)
- $26,450
- Very Low (50%)
- $44,050
- Low (80%)
- $70,450
- Extremely Low (30%)
- $29,350
- Very Low (50%)
- $48,900
- Low (80%)
- $78,250
- Extremely Low (30%)
- $31,700
- Very Low (50%)
- $52,850
- Low (80%)
- $84,550
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $56,750
- Low (80%)
- $90,800
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $60,650
- Low (80%)
- $97,050
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $64,550
- Low (80%)
- $103,300
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $20,550 | $34,250 | $54,800 |
| 2 Persons | $23,500 | $39,150 | $62,600 |
| 3 Persons | $26,450 | $44,050 | $70,450 |
| 4 Persons | $29,350 | $48,900 | $78,250 |
| 5 Persons | $31,700 | $52,850 | $84,550 |
| 6 Persons | $35,580 | $56,750 | $90,800 |
| 7 Persons | $40,120 | $60,650 | $97,050 |
| 8 Persons | $44,660 | $64,550 | $103,300 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in San Luis Obispo, CA?+
The Fair Market Rent (FMR) for San Luis Obispo County, CA is: $1541 (Studio), $1731 (1BR), $2274 (2BR), $3045 (3BR), $3465 (4BR). Actual rent at subsidized properties like Del Rio Terrace Apts is typically 30% of household income or less.
What size apartments are available at Del Rio Terrace Apts?+
Del Rio Terrace Apts offers the following unit types: 40 One-Bedroom, 1 Two-Bedroom units, for a total of 41 units.
What is the price range for apartments in San Luis Obispo, CA?+
Based on Fair Market Rent for San Luis Obispo County, the estimated price range is: 1-bedroom: $1731, 2-bedroom: $2274. Actual rent at Del Rio Terrace Apts may be lower for income-eligible households.
How do I apply for housing at Del Rio Terrace Apts?+
Del Rio Terrace 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.
Who manages Del Rio Terrace Apts?+
Del Rio Terrace Apts is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Del Rio Terrace Apts?+
Del Rio Terrace Apts 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 Del Rio Terrace Apts?+
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.
What are the income limits for affordable housing in San Luis Obispo County, CA?+
For a 4-person household in San Luis Obispo County, CA, the income limits are: Extremely Low Income (30% AMI): $29,350, Very Low Income (50% AMI): $48,900, Low Income (80% AMI): $78,250. 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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