Trendy meets affordable at Lincoln SM - The best choice for Santa Monica studio and 1-bedroom apartment rentals with an exterior that could just as easily be a modern art museum. MODERATE-INCOME QUALIFICATION To qualify for one of our moderate-income apartments, the applicant must meet the following income qualification: Annual income of $97,100 or less for one person Annual income of $110,900 or less for 2 people (combined) Annual income of $124,800 or less for 3 people (combined) To verify income eligibility, you will be asked to provide proof of your income from all sources and assets.