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Apartments for Rent in San Luis Obispo, CA

58 Rentals Available
Apartments for Rent in San Luis Obispo, CA. 58 Rentals Available
  • Roundhouse Place Ground Floor Studio Kitchen, WD in Hall Closet
    Today

    2200 Emily Street, San Luis Obispo, CA 93401
    STUDIO $2,005
    2 BEDS $3,171
    3 BEDS $4,015
  • a living room with chairs and a table and a staircase
    Today

    3110 Duncan Road, San Luis Obispo, CA 93401
    STUDIO $2,372
    1 BED $2,616+
    2 BEDS $3,389
  • a living room with a couch and a table
    Today

    835 Madonna Road, San Luis Obispo, CA 93405
    STUDIO $1,649
    1 BED $2,455+
  • a large living room with a couch and tables
    Today

    2240 Emily Street, San Luis Obispo, CA 93401
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
    3 BEDS Ask for Pricing

  • More Rentals Near San Luis Obispo, CA

  • a rendering of a blue and white building with a green car
    Today

    2655 Shell Beach Rd., Pismo Beach, CA 93449
    Income Restricted
    STUDIO Ask for Pricing
    1 BED Ask for Pricing
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  • a small kitchen with stainless steel appliances and white cabinets
    Today

    950 S 14Th St, Grover Beach, CA 93433
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • a white building with a sign in front of it
    Today

    1260 Main St., Morro Bay, CA 93442
  • a kitchen with stainless steel appliances and granite counter tops
    Today

    271 & 291 S. Halcyon Road, Arroyo Grande, CA 93420
    1 BED $2,045
    2 BEDS $2,495
  • a kitchen with wooden cabinets and stainless steel appliances
    Today

    11205 Bilbao Court, Atascadero, CA 93422
    2 BEDS $2,625
    3 BEDS $3,025
  • a white house with a street in front of it
    Today

    311 Tahiti St. #1-9, Morro Bay, CA 93442
    STUDIO $1,100+
4-6-city
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San Luis Obispo, CA rent trends

Rental prices in San Luis Obispo, CA have decreased by 0.81% over the past year. The average rent moved from $2,902 to $2,879.

Check out the average rent prices in San Luis Obispo by neighborhood.

Compared to the national average rent of $1,741, the average rent in San Luis Obispo, CA is $2,879.

Average rent in San Luis Obispo, CA

$2,879/mo San Luis Obispo, CA average rental price, January 2026
Image Average Rent

The average monthly rent of apartments in San Luis Obispo, CA is $2,879.

    What's the typical rent budget in San Luis Obispo, CA?

    About 19% of apartment rents in San Luis Obispo, CA range between $2,001-$2,500. Meanwhile, apartments around $2,501-$3,000 represent 28% of apartments. Around 24% of San Luis Obispo’s apartments are in the $1,501-$2,000 price range. 1% of apartments are priced ≤ $1000. A share of 29% of apartment rentals in San Luis Obispo are in the > $3,000 range.

    The largest share of rentals in San Luis Obispo, CA (29%) fall between $3,000- per month. This suggests that most people succesfully find suitable apartments within this price.

    Getting around in San Luis Obispo, CA

    20 /100
    Car-Dependent
    51 /100
    Bikeable
    Walk Score®: 20, Bike Score®: 51

    Frequently asked questions

    When were prices and availability in San Luis Obispo, CA last updated?

    Prices and availability in San Luis Obispo, CA were last updated on 24 Feb 2026.

    What are the best apartments in San Luis Obispo, CA?

    The best apartments in San Luis Obispo, CA are: Roundhouse Place, Connect, Harvest Lofts and VILLAGE AT BROAD STREET.

    What is the average rent in San Luis Obispo, CA?

    The average rent in San Luis Obispo, CA is $2,931.

    What is the price range for a studio apartment in San Luis Obispo, CA?

    The price range for a studio apartment in San Luis Obispo, CA is between $2,123 and $2,455.

    What is the price range for a 1-bedroom apartment in San Luis Obispo, CA?

    The price range for a 1-bedroom apartment in San Luis Obispo, CA is between $2,455 and $2,735.

    What is the price range for a 2-bedroom apartment in San Luis Obispo, CA?

    The price range for a 2-bedroom apartment in San Luis Obispo, CA is between $2,123 and $2,735.

    What type of rental buildings are in San Luis Obispo, CA?

    In San Luis Obispo, 61% of the residents are renting compared to 39% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 6% of San Luis Obispo's rentals, 65% are small-scale complexes with under 50 units, and 28% are single-family rentals.

    What do typical apartment communities look like in San Luis Obispo, CA?

    The average age of rental buildings in San Luis Obispo is 42 years old, with 24% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which 97% are garden-style apartment communities, 3% are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

    What apartment floorplans are common in San Luis Obispo, CA?

    Rental apartments in San Luis Obispo come in a range of sizes and floorplans. Studio apartments represent 21% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 25% of the total apartments in the city, while 2-bedroom floorplans represent around 33% of all rentals in San Luis Obispo. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.