About This Property
Iron Works offers 46 affordable apartments in San Luis Obispo County, with 45 units designated for low-income households. The community includes 12 one-bedroom, 19 two-bedroom, and 15 three-bedroom units designed to serve families. Placed in service in 2018, the property receives 4% Low-Income Housing Tax Credit financing.
Waitlist Information
Waitlist managed by Housing Authority of the City of San Luis Obispo
Construction will wrap up in early October 2026, with leases starting between October and December 2026. More information on how to apply will be available closer to completion.
The Housing Choice Voucher program (Section 8) is currently closed. The interest list will open again only after the previous year's list is exhausted and when there is adequate funding from HUD.
Waitlist data provided by section8waitlist.org
Updated May 28, 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 |
Advertisement
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 Iron Works is typically 30% of household income or less.
What size apartments are available at Iron Works?+
Iron Works offers the following unit types: 12 One-Bedroom, 19 Two-Bedroom, 15 Three-Bedroom units, for a total of 46 units.
Is there a waitlist for Iron Works?+
Public Housing waitlist is currently Opening Soon and is expected to open for applications soon. 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 Iron Works?+
Iron Works is managed by . You can reach them at . Visit their website for more information.
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, 3-bedroom: $3045. Actual rent at Iron Works may be lower for income-eligible households.
Who is eligible to live at Iron Works?+
Iron Works 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 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.
How do I apply for housing at Iron Works?+
Iron Works 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.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Iron Works
Housing Authority of the City of San Luis Obispo
San Luis Obispo, CA
2690 UnitsPismo-Buchon Apts
San Luis Obispo, CA
11 Units860 on the Wye
San Luis Obispo, CA
20 UnitsCarmel Street Apts
San Luis Obispo, CA
19 UnitsBrizzolara Apts
San Luis Obispo, CA
30 UnitsBishop Street Studios
San Luis Obispo, CA
34 Units