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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 increased by 2.46% over the past year. The average rent moved from $2,918 to $2,990.

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

Compared to the national average rent of $1,740, the average rent in San Luis Obispo, CA is $2,990.

Average rent in San Luis Obispo, CA

$2,990/mo San Luis Obispo, CA average rental price, February 2026
Image Average Rent

The average monthly rent of apartments in San Luis Obispo, CA is $2,990.

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

    About 13% of apartment rents in San Luis Obispo, CA range between $1,501-$2,000. Meanwhile, apartments around $2,001-$2,500 represent 28% of apartments. Around 1% of San Luis Obispo’s apartments are in the $1,001-$1,500 price range. 1% of apartments are priced ≤ $1000. A share of 24% of apartment rentals in San Luis Obispo are in the $2,501-$3,000 range. There are 34% of apartment rentals in San Luis Obispo in the > $3,000 range.

    The largest share of rentals in San Luis Obispo, CA (34%) 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 11 Apr 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 housing is rented out compared to 39% of homes are owned, according to the most recent Census Bureau estimates. 6% of San Luis Obispo's apartments are found in large buildings of 50 units or more, 65% are located in smaller apartment complexes with less than 50 units, and 28% are single-family rentals.

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

    The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in San Luis Obispo are about 42 years old, on average. Of these, 24% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About 97% of the rental communities here are low-rise, garden-style communities, 3% are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

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

    Studio apartments in San Luis Obispo are around 21% of rentals, while 1-bedroom floor plans represent 25% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 33% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.