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Affordable apartments in Isla Vista, California

2 income-restricted buildings tracked here, drawn from HUD's LIHTC, Section 8, Section 202, and Section 811 datasets. Map, eligibility tiers, and Fair Market Rent below.

2 lihtc

Buildings

PESCADERO LOFTS

LIHTC
761 CAMINO PESCADERO, ISLA VISTA, CA, 93117
Income-restricted units
32 of 33
Year placed in service
2014
Bedroom mix
26 studio · 6 1BR · 1 2BR

Estimated total housing cost: $1,851 rent + $157 utilities = $2,008/mo

Contact property management for current availability. Waitlists may apply.

PARKVIEW APTS (ISLA VISTA)

LIHTC
6682 PICASSO RD, ISLA VISTA, CA, 93117
Income-restricted units
19 of 20
Year placed in service
2008
Bedroom mix
8 1BR · 12 2BR

Estimated total housing cost: $1,851 rent + $157 utilities = $2,008/mo

Contact property management for current availability. Waitlists may apply.

Map

Each pin is one income-restricted building. Color-coded by program. Click a pin for details.

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Energy costs in California

Residential electricity in California runs about 32.77¢/kWh, with a typical monthly residential electric bill near $157. Natural gas runs about $22.13/Mcf. Add this to rent when you compare buildings; it can shift total monthly housing cost by 10–20%.

Source: U.S. Energy Information Administration, retail-sales (electricity) and natural gas residential pricing series, 12-month rolling average.

Check your affordability tier

Enter your annual household income, household size, and zip code. We’ll show which HUD AMI tier you qualify for and what Fair Market Rent looks like in your area.

Fair Market Rent for Isla Vista, CA

Metro-level
BedroomsLocal FMRNational median
Studio$1,573n/a
1 bedroom$1,758n/a
2 bedroom$1,851$1,502
3 bedroom$2,406n/a
4 bedroom$2,777n/a

Fair Market Rent is HUD’s annual benchmark for the cost of rental housing in a given area. Source label: median_rent_proxy.

HUD income limits : Santa Barbara County, CA

Santa Maria-Santa Barbara, CA. FY2025. Area median income: $113,300.

Household size30% AMI50% AMI80% AMI
1 person$37,100$61,800$98,850
2 people$42,400$70,600$113,000
3 people$47,700$79,450$127,100
4 people$52,950$88,250$141,200
5 people$57,200$95,350$152,500
6 people$61,450$102,400$163,800
7 people$65,700$109,450$175,100
8 people$69,900$116,500$186,400

HUD calculates income limits per household size relative to the area’s median family income. Properties may serve renters in any combination of these tiers; eligibility is determined per program.

Affordable rentals in nearby California cities

See all affordable-rental cities in California

About this listing. Buildings shown serve income-restricted households across HUD program tiers. We do not show vacancy or pricing for individual units. Always contact the property directly for current availability; many income-restricted buildings maintain waitlists measured in months or years.

See also: Isla Vista cost-of-living and Fair Market Rent overview