California

USDA rental housing in San Luis Obispo County, CA

10 properties in San Luis Obispo County have USDA Section 515 or 514 financing: 446 apartments across 4 towns. 411 of those units carry USDA rental assistance, which ties what an eligible tenant pays to income.

10properties
446apartments
411rental assistance units
25vacant units reported

Equal housing opportunity. Properties financed by USDA Rural Development must follow the Fair Housing Act, which bars discrimination because of race, color, religion, sex, disability, familial status or national origin. If you believe you were treated unfairly, you can file a complaint with HUD at 1-800-669-9777 or with USDA at 866-632-9992.

Open Country does not own, manage or rent these properties and does not take applications. Contact each property's management company for availability, rents and eligibility. Listings come from USDA's public data and may be out of date.

California Manor

10165 El Camino Real, Atascadero, CA 93422

Elderly · 87 1BR, 8 2BR

Managed by Buckingham Property Management

Units
95
Rental assistance
93
Vacant
3
Accessible
0
Opened
1986

Casa Grande

9300 El Bordo Ave, Atascadero, CA 93422

Family · 20 1BR, 18 2BR, 6 3BR

Managed by Kmg Prestige INC

Units
44
Rental assistance
43
Vacant
1
Accessible
0
Opened
1983

The Knolls Avenida

9201 Avenida Maria, Atascadero, CA 93422

Family · 22 2BR, 24 3BR, 14 4BR · Section 514 off-farm labor housing

Managed by Winnresidential Ca Ltd Partnersh

Units
60
Rental assistance
59
Vacant
4
Accessible
6
Opened
2018

Pacific View Apts

495 Main St, Morro Bay, CA 93442

Family · 11 1BR, 15 2BR

Units
26
Rental assistance
25
Vacant
0
Accessible
0
Opened
1991

Canyon Creek Apts

400 Oak Hill RD, Paso Robles, CA 93446

Family · 7 2BR, 7 3BR · Section 514 off-farm labor housing

Units
14
Rental assistance
14
Vacant
8
Accessible
0
Opened
2006

Creston Garden Apartments

1255 Creston RD, Paso Robles, CA 93446

Family · 51 2BR, 9 3BR

Units
60
Rental assistance
41
Vacant
1
Accessible
0
Opened
1979

Oak Park Phase I

431 Pine Street, Paso Robles, CA 93446

Family and elderly · 3 1BR, 11 2BR, 5 3BR, 1 4BR · Section 514 off-farm labor housing

Units
20
Rental assistance
20
Vacant
1
Accessible
2
Opened
2015

Paso Robles Gardens

540 Sims Ave, Paso Robles, CA 93446

Family · 21 2BR, 5 3BR

Managed by Buckingham Property Management

Units
26
Rental assistance
22
Vacant
0
Accessible
0
Opened
1985

Riverview Apartments

149 Olive St, Paso Robles, CA 93446

Family · 16 1BR, 16 2BR, 16 3BR

Managed by Kmg Prestige INC

Units
48
Rental assistance
47
Vacant
1
Accessible
0
Opened
1982

Rolling Hills Apts

971-999 Las Tablas Road, Templeton, CA 93465

Family · 9 1BR, 32 2BR, 12 3BR

Units
53
Rental assistance
47
Vacant
6
Accessible
0
Opened
1981

Source: USDA Rural Development, Section 515/514 active properties file (data as of October 19, 2026). Vacancies are as USDA last recorded them, not live availability.

Who can rent here

USDA-financed apartments are for very low, low and moderate income households (7 CFR 3560.152), and elderly and congregate properties also require a household that meets USDA's definition of elderly. In a unit with USDA rental assistance, the tenant pays the highest of 30% of monthly adjusted income, 10% of gross monthly income or a welfare shelter allowance, and the assistance covers the rest of the rent (7 CFR 3560.203). Each property's manager checks income against USDA's limits for the area when you apply and can tell you whether a unit with rental assistance is open.

For owners and buyers

Ownership: 1 nonprofit, 9 limited-profit. 6 also have housing tax credits. 1 serves elderly tenants. USDA's file shows use restrictions on 1 property here ending by 2031. Owners of aging 515 properties can use a Section 538 guaranteed loan to finance a transfer and rehab, at USDA's lower 60 and 25 basis point preservation fees. How 515 transfers work with 538.

Watch a property for maturity or prepayment

Pick a San Luis Obispo County property. We'll email when USDA's monthly file shows its use-restriction date, rental assistance, unit count or ownership type change, or when it drops out of the active portfolio, which is what happens when the loan is prepaid or paid off.

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Every property in one file: 515/514 portfolio download (CSV and JSON).