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
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 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 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.
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.
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.
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.
Is there a waitlist for Madonna Road 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.
Who manages Madonna Road Apts?+
Madonna Road Apts 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.
More Affordable Housing Near Madonna Road Apts
Brizzolara Apts
San Luis Obispo, CA
30 Units
Housing Authority of the City of San Luis Obispo
San Luis Obispo, CA
2690 UnitsBishop Street Studios
San Luis Obispo, CA
34 UnitsDel Rio Terrace Apts
San Luis Obispo, CA
41 UnitsPismo-Buchon Apts
San Luis Obispo, CA
11 UnitsVillas At Higuera
San Luis Obispo, CA
28 Units