Santa Maria-Santa Barbara, CA MSA · FY2026 area median income $118,600 · effective May 1, 2026
Check whether a deal here pencils →| Unit | 20% | 30% | 40% | 50% | 60% | 70% | 80% |
|---|---|---|---|---|---|---|---|
| Studio | $637 | $956 | $1,275 | $1,593 | $1,912 | $2,231 | $2,550 |
| 1BR | $683 | $1,024 | $1,366 | $1,707 | $2,049 | $2,390 | $2,732 |
| 2BR | $819 | $1,229 | $1,639 | $2,048 | $2,458 | $2,868 | $3,278 |
| 3BR | $947 | $1,420 | $1,894 | $2,367 | $2,841 | $3,314 | $3,788 |
| 4BR | $1,056 | $1,584 | $2,113 | $2,641 | $3,169 | $3,697 | $4,226 |
Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.
| Household | 30% | 50% | 60% | 80% |
|---|---|---|---|---|
| 1 person | $38,250 | $63,750 | $76,500 | $102,000 |
| 2 persons | $43,710 | $72,850 | $87,420 | $116,560 |
| 3 persons | $49,170 | $81,950 | $98,340 | $131,120 |
| 4 persons | $54,630 | $91,050 | $109,260 | $145,680 |
| 5 persons | $59,010 | $98,350 | $118,020 | $157,360 |
| 6 persons | $63,390 | $105,650 | $126,780 | $169,040 |
| 7 persons | $67,770 | $112,950 | $135,540 | $180,720 |
| 8 persons | $72,120 | $120,200 | $144,240 | $192,320 |
Rents are capped at 30% of the income limit for an imputed household of 1.5 persons per bedroom, so a two-bedroom unit uses the three-person limit. Under the average income test, units can be designated from 20% to 80% AMI as long as the weighted average stays at or below 60%.
Run a deal in Santa Barbara County to see the sources and uses, bond test, DSCR, and funding gap using these rents.