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Apartments in San Luis Obispo

1 - 30 of 131 Results
36
$2,115
263 N. Chorro
San Luis Obispo, CA
1 BR | Jul. 1, 2025
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0
$1,800 - 2,100
Foothill Gardens Apartments - 1301 - 1317 E. Foothill Blvd.
1301-1317 E Foothill Blvd San Luis Obispo, CA
1 BR | Jul. 4, 2025
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1
$1,900 - 3,400
1252 E Foothill Blvd 1237 Monte Vista Pl
San Luis Obispo, CA
1 - 2 BR | Jul. 8, 2025
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1
$2,350
Santa Barbara, 1717
1717 Santa Barbara Ave San Luis Obispo, CA
Studio | Aug. 7, 2025
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1
$1,700 - 1,750
Stenner, 176
176 Stenner St San Luis Obispo, CA
Studio | Jul. 4, 2025
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0
$2,000 - 2,500
1314 Palm
1314 Palm St San Luis Obispo, CA
Studio | Available Now
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2
$4,250
Vinifera
1220 Sponza Dr San Luis Obispo, CA
3 BR | Available Now
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1
$1,900 - 2,250
Sierra Vista Apartments - 500 And 510 E. Foothill Blvd.
500 E Foothill Blvd. 510 E Foothill Blvd. San Luis Obispo, CA
1 BR | Jul. 4, 2025
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1
$2,000
Desirable 1 Bedroom 1 Bathroom In The Heart Of Downtown!
974 Chorro St San Luis Obispo, CA
1 BR | Sep. 10, 2025
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House
2
$2,200 - 2,800
1249 Palm St
San Luis Obispo, CA
Studio - 1 BR | Available Now
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0
$3,500
1622 Palm St
San Luis Obispo, CA
2 BR | Sep. 1, 2025
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0
$3,400
324 Cuesta Dr
San Luis Obispo, CA
3 BR | Aug. 15, 2025
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1
$2,050 - 2,075
Crandall
175 Crandall Way San Luis Obispo, CA
1 BR | Jul. 8, 2025
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0
$2,245 - 3,579
Connect Slo
3110 Duncan Rd San Luis Obispo, CA
Studio - 2 BR | Jul. 1, 2025
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Cat Friendly
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0
$1,995 - 3,297
Roundhouse Place
2200 Emily St San Luis Obispo, CA
Studio - 2 BR | Available Now
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1
$3,300
2 Bedroom, 1 Bathroom Second Floor Apartment In Downtown San Luis Obispo
980 Chorro St San Luis Obispo, CA
2 BR | Available Now
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1
$1,600
Available August - New San Luis Ranch Studio
1137 Forest St Unit A San Luis Obispo, CA
Studio | Aug. 10, 2025
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House
44
$4,000
3260 Rockview Pl
San Luis Obispo, CA
3 BR | Jul. 1, 2025
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9
$2,600
607 Grand Apartments
607 Grand Ave San Luis Obispo, CA
2 BR | Jul. 17, 2025
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7
$2,150
428 N Chorro
428 N Chorro St San Luis Obispo, CA
1 BR | Jul. 1, 2025
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20
$1,995
0139 614 Grand Ave.
614 Grand Ave San Luis Obispo, CA
1 BR | Available Now
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16
$1,750 - 1,895
0153 1196 Foothill Blvd.
1196 Foothill Blvd San Luis Obispo, CA
1 BR | Jul. 16, 2025
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8
$1,800
Stylishly Remodeled 1-bedroom Condo With Private Garage In Prime Slo L
1260 Ella St San Luis Obispo, CA
1 BR | Ask for Availability
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Air Conditioning
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48
$2,250 - 2,750
The Junction
2120 Santa Barbara Ave San Luis Obispo, CA
Studio - 1 BR | Jul. 10, 2025
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9
$3,000
0020 190 California Blv
190 California Blvd San Luis Obispo, CA
2 BR | Jul. 7, 2025
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5
$1,795
0175 1807 Abbott
1807 Abbott St San Luis Obispo, CA
1 BR | Jul. 7, 2025
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Pool
5
$1,850 - 2,250
Beautiful Apartment Community In Downtown San Luis Obisp
550 Higurera St San Luis Obispo, CA
Studio - 2 BR | Available Now
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13
$1,995
0016 1581 El Tigre Court
1581 El Tigre Ct San Luis Obispo, CA
1 BR | Jul. 16, 2025
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22
$2,675 - 3,450
791 Orcutt Rd #110
San Luis Obispo, CA
1 - 2 BR | Available Now
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9
$2,900
60 Casa St
San Luis Obispo, CA
2 BR | Ask for Availability
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1 - 30 of 131 Results
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How much does it cost to rent an apartment in San Luis Obispo?

San Luis Obispo Apartments
Bed Type Average Rent Range
Studio $2,050 $1,000 - $2,800
1BR $2,000 $850 - $2,800
2BR $3,000 $2,160 - $3,980
3BR $3,900 $3,150 - $5,850
4+BR $6,080 $3,500 - $9,500
Frequently Asked Questions

How many apartments are available in San Luis Obispo, CA on Rentable.co?

Rentable.co has over 2,847 apartments available in San Luis Obispo.

What is the average rent for a studio apartment in San Luis Obispo, CA?

The average rent for a studio apartment in San Luis Obispo is around $2,050 per month.

What is the average rent for a one-bedroom apartment in San Luis Obispo, CA?

The average rent for a one-bedroom apartment in San Luis Obispo is around $2,000 per month.

What is the average rent for a two-bedroom apartment in San Luis Obispo, CA?

The average rent for a two-bedroom apartment in San Luis Obispo is around $3,000 per month.

How expensive is it to rent an apartment in San Luis Obispo, CA?

For a two-bedroom apartment in San Luis Obispo, the average rent price is $3,000 per month, which is higher than the national average of $1,640 per month.

Can I afford an apartment for rent in San Luis Obispo, CA?

Based on average rent prices in San Luis Obispo, to afford a studio apartment you would need an annual household income of $82,000 to live comfortably.

Find a San Luis Obispo Apartment

San Luis Obispo is one of the older cities in the entire state of California. Missionaries first settled the city of roughly 45,000 people in the 18th century. By the mid 1800s, it had blossomed into a modern town. The city is situated in a very rugged landscape, marked notably by the Nine Sisters hills. San Luis Obispo is on a very geographically active location, as the Nine Sister are actually volcanic plugs. There are also several nearby fault lines, including the infamous San Andreas.

The largest employer in San Luis Obispo is the California Polytechnic State University. The school employs roughly 2,700 people in the region. The university registers more than 20,000 students annually.

When to Search

When you're on the lookout for an apartment in San Luis Obispo, March is the best time to start looking. From March, the hunting should be good all the way through until August. Then, the availability of markets will start to tighten up throughout the winter, so it is best to get your apartment found earlier, rather than later.

Staying in the Know

Finding an apartment in San Luis Obispo doesn't have to be difficult. Start by reaching out to multiple landlords simultaneously, because it doesn't pay to put all your eggs in one basket. Then, make appointments to view apartments and meet the landlords and be sure to show up on time and conduct yourself professionally during the viewings. Finally, complete your applications accurately and truthfully, and you'll have an apartment before you know it.

Life in San Luis Obispo

Transportation

This is one of the rare cities in California where having a car isn't really necessary. The public transportation system operated by city provides fairly adequate coverage, and runs until 10 PM on weekdays. For those who prefer to travel by bike, the city takes good care of the comprehensive system of bike lanes.

Where to play

Visiting the Mission San Luis Obispo de Tolosa is a good way to get a taste of the missionary life that was so important during the years in which California was originally settled. Exploring the Nine Sisters is thrilling for those who enjoy outdoor activities, and many of the peaks have public trails. Heading out to the Edna Valley is a must for those who enjoy wine tours and tastings.

Search Cities Near San Luis Obispo, CA

Shell Beach, CA
Pismo Beach, CA
Los Osos, CA
Grover Beach, CA
Morro Bay, CA
Arroyo Grande, CA
Atascadero, CA
Templeton, CA
Nipomo, CA
Guadalupe, CA
Paso Robles, CA

Campuses Nearby

California Polytechnic State University-San Luis Obispo
Cuesta College

San Luis Obispo:
June Rent Report

Welcome to the June 2025 San Luis Obispo Apartment Report. In this assessment of the local rental market, data scientists and rental experts break down the June 2025 key findings and figures for the San Luis Obispo rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in San Luis Obispo and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of San Luis Obispo average rent prices in the chart below.

Monthly Rent Report

$2,800
$2,100
$1,400
$700
$0
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
Jan. 2025
Feb. 2025
Mar. 2025
Apr. 2025
May. 2025
Jun. 2025
1 BR       2 BR

San Luis Obispo Rent Prices Decrease From May to June

San Luis Obispo rent prices decreased over the last month. From May to June, the city experienced a -0.97% decrease for the price of a one-bedroom apartment. The rent price for a San Luis Obispo one-bedroom apartments currently stands at $2,032.0.

When we take a look at the two-bedroom comparison from May to June, San Luis Obispo experienced a -0.61% decrease for the price of a two-bedroom apartment. The rent price for a San Luis Obispo two-bedroom apartments currently stands at $2,597.0.

June Prices: San Luis Obispo vs. Surrounding Areas

San Luis Obispo, CA
Los Osos, CA
Morro Bay, CA
Grover Beach, CA
Paso Robles, CA
Atascadero, CA
Arroyo Grande, CA
$2,052
$2,000
$1,925
$1,923
$1,918
$1,863
$1,650
$0
$700
$1,400
$2,100
$2,800
Median 1 BR Rent

Rent Prices in San Luis Obispo and Surrounding Areas

Rent prices have decreased in San Luis Obispo over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 3 of the San Luis Obispo suburbs increased last month. On the other hand, 3 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Paso Robles, CA, Arroyo Grande, CA, Los Osos, CA .

  • Rent decreased in Atascadero, CA, Grover Beach, CA, Morro Bay, CA.

  • 6 suburbs are currently priced lower than the city of San Luis Obispo.

June 2025 Pricing Trends: San Luis Obispo vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
San Luis Obispo, CA
Chicago, IL
Columbus, OH
Pittsburgh, PA
Minneapolis, MN
$4,101
$3,197
$2,350
$2,316
$2,052
$1,870
$1,341
$1,263
$1,247
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

San Luis Obispo Rent Prices More Affordable Than Major Cities

Rent growth in San Luis Obispo over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, San Luis Obispo average rent prices appear to be relatively affordable for local residents.

The price for a San Luis Obispo one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about San Luis Obispo and surrounding area rent prices, take a look at the complete data set below.

Data set for San Luis Obispo and suburbs

1 BR June 1 BR M/M % Change 2 BR June 2 BR M/M % Change
San Luis Obispo, CA $2,052.0 -1.44% $2,613.0 -0.15%
Atascadero, CA $1,863.0 0.00% $2,165.0 1.83%
Paso Robles, CA $1,918.0 2.73% $2,360.0 -0.55%
Grover Beach, CA $1,923.0 -0.57% $2,791.0 4.10%
Arroyo Grande, CA $1,650.0 0.86% $2,511.0 2.91%
Morro Bay, CA $1,925.0 -0.10% $2,770.0 -2.71%
Los Osos, CA $2,000.0 1.01% $2,847.0 1.32%

Methodology

Each month, using over 1 million listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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