Low Income Apartments and Affordable Housing For Rent in San Luis Obispo County, CA

Discover affordable housing in San Luis Obispo County where there are 67+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

860 on the Wye Apartments

2775 Victoria Ave, San Luis Obispo, California 9340

Cortina D Arroyo Grande

241 North Courtland Street, Arroyo Grande, California 93420

Rolling Hills Apartments I & II

999 Las Tablas Rd, Templeton, California 93465

Los Robles Terrace Apartments

2940 Spring St, Paso Robles, California 93446

Ocean View Manor Apartments

456 Elena St, Morro Bay, California 93442

Iron Works Apartments

3682 Broad Street, San Luis Obispo, California 93401

Creston Garden Apartments

1255 Creston Rd, Paso Robles, California 93446

Hacienda Del Norte Apartments

529 10th St, Paso Robles, California 93446

Parkview Manor

365 South Elm Street, Arroyo Grande, California 93420

Bishop Street Studios

1750 Bishop Street, San Luis Obispo, California 93401

The Knolls at the Avenida

9201 Avenida Santa Maria, Atascadero, California 93422

Broad Street Place

3720 Broad St., San Luis Obispo, California 93401

Templeton Place II

1035 Peterson Ranch Rd, Templeton, California 93465

Willow Walk Senior Apartments

167 Mary Ave., Nipomo, California 93444

Serenity Hills

112 Brewer St, Templeton, California 93465

Lachen Tara Apartments

240 Ocean Oaks Ln, Atascadero, California 93424

Oak Park 2

901 30TH STREET, Paso Robles, California 93446

Courtland Street Apartments

150 S COURTLAND ST, Arroyo Grande, California 93420

Pismo Creek Bungalows

360 Park Ave, Pismo Beach, California 93449

Halcyon Collective

224 S Halcyon, Arroyo Grande, California 93420

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In San Luis Obispo County, California
$43.07/hour
$27.07 (+169%) more than California minimum wage and $35.82 (+494%) more than the Federal minimum wage.
Learn More About San Luis Obispo County, California Affordable Housing ↓

What HUD offices serve San Luis Obispo County, California?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Section 8 Project-Based Voucher (PBV) programs for San Luis Obispo County, California.

Go to the California Public Housing and Low-Income Apartments Waiting Lists page for openings near San Luis Obispo County.

How many renters live in San Luis Obispo County, California?

The County of San Luis Obispo County has 282,013 people living in 111,713 households.

There are 99,492 renters living in 43,202 renter households in this County. Renters make up 35.28 percent of the population living in San Luis Obispo County.

What is the rental market like in San Luis Obispo County, California?

There are an estimated 125,857 housing units in the San Luis Obispo County area. Of these, 46,165 units are rental homes, making up 37 percent of the housing market. For every renter household in San Luis Obispo County, California, there are 1 rental units.

What is the vacancy rate for rentals in San Luis Obispo County?

The rental vacancy rate in San Luis Obispo County is 6 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in San Luis Obispo County for each bedroom size?

Occupied Rental Units by Size in San Luis Obispo County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
2,821 8,224 17,675 11,743 2,117
Occupied Rental Units by Size in San Luis Obispo County

A large number of apartments in San Luis Obispo County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in San Luis Obispo County are overburdened by housing costs?

Among renter households in this market, 51 percent have housing cost burden. Further, 28 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in San Luis Obispo County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,541 to $3,465. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,541
One BR $1,731
Two BR $2,274
Three BR $3,045
Four BR $3,465
2024 Fair Market Rents in San Luis Obispo County, California

How many units are rented at Fair Market Rent (FMR) in San Luis Obispo County?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 1,854 66 percent
One BR 4,903 60 percent
Two BR 2,904 16 percent
Rental Units Below FMR in San Luis Obispo County, California

How many affordable rental units are in San Luis Obispo County?

There are a variety of federal affordable housing programs serving households in San Luis Obispo County, California including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 2,111
Section 8 Project-Based Rental Assistance 303
Section 202 Supportive Housing for the Elderly 59
USDA Section 515 Rural Rental Housing 352
USDA Section 514 Farm Labor Housing 94
Tracked Units by Federal Program in San Luis Obispo County, California

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in San Luis Obispo County, California

San Luis Obispo County features 1,013 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in San Luis Obispo County, California

There are 1,779 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in San Luis Obispo County.

Housing Choice Vouchers in San Luis Obispo County, California

On average, Section 8 Housing Choice vouchers pay San Luis Obispo County landlords $800 per month towards rent. The average voucher holder contributes $400 towards rent in San Luis Obispo County.

The maximum amount a voucher would pay on behalf of a low-income tenant in San Luis Obispo County, California for a two-bedroom apartment is between $2,047 and $2,501.

Sourced from federal housing data and AffordableHousingOnline.com research.