About This Property
Madonna Road Apts is a 118-unit affordable housing community in San Luis Obispo that opened in 2013 and serves low-income households. The property includes 20 one-bedroom, 44 two-bedroom, 40 three-bedroom, and 16 four-bedroom units. Madonna Road Apts is owned by a non-profit organization and was developed using 4% Low-Income Housing Tax Credits and tax-exempt bond 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 |
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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 Madonna Road Apts is typically 30% of household income or less.
What size apartments are available at Madonna Road Apts?+
Madonna Road Apts offers the following unit types: 20 One-Bedroom, 44 Two-Bedroom, 40 Three-Bedroom, 16 Four-Bedroom units, for a total of 118 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, 3-bedroom: $3045. Actual rent at Madonna Road Apts may be lower for income-eligible households.
Who manages Madonna Road Apts?+
Madonna Road Apts is managed by . You can reach them at . Visit their website for more 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.
How do I apply for housing at Madonna Road Apts?+
Madonna Road 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 is eligible to live at Madonna Road Apts?+
Madonna Road Apts primarily serves AT-RISK. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Is there a waitlist for Madonna Road Apts?+
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.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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