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Cheap Apartments for Rent in San Luis Obispo, CA

Cheap Apartments for Rent in San Luis Obispo, CA. 27 Rentals Available
27 Rentals Available

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Apartments Under $1,800

  • a living room with a couch and a table
    17 units available
    Studio $1,649
    1 bd $2,455+
    Base rent
    Verified Listing

    835 Madonna Road, San Luis Obispo, CA 93405
    Apply online • Pet friendly

Apartments Under $2,200

  • Roundhouse Place Ground Floor Studio Kitchen, WD in Hall Closet
    Only 1 unit left
    Studio $2,005
    2 bd $3,171
    3 bd $4,015
    Base rent
    Verified Listing

    2200 Emily Street, San Luis Obispo, CA 93401
    Apply online • Cat friendly

Apartments Under $2,400

  • a living room with chairs and a table and a staircase
    6 units available
    Studio $2,372
    1 bd $2,616+
    2 bd $3,389
    Base rent
    Verified Listing

    3110 Duncan Road, San Luis Obispo, CA 93401
    Apply online • Pet friendly
  • a large living room with a couch and tables
    Only 3 units left
    Ask for pricing
    Verified Listing

    2240 Emily Street, San Luis Obispo, CA 93401
    Pet friendly
4-0-city



Frequently asked questions

What is the price of a cheap apartment in San Luis Obispo, CA?

The price range of a cheap apartment is between $2,372 and $2,735.

How many cheap rentals are available in San Luis Obispo, CA on RentCafe?

There are 42 cheap rentals available on RentCafe. Prices and availability in San Luis Obispo, CA were last updated on 24 May 2026.

What is the average size of a cheap apartment in San Luis Obispo, CA?

The average San Luis Obispo, CA cheap apartment size is 809 sq. ft.

What are the advantages of renting a cheap apartment in San Luis Obispo, CA?

Cheap apartments in San Luis Obispo, CA are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in San Luis Obispo, CA?

A cheap apartment in San Luis Obispo, CA offers little storage space and fewer amenities compared to other apartments.