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Apartments in San Luis Obispo

1 - 30 of 123 Results
48
$2,250
The Junction
2120 Santa Barbara Ave San Luis Obispo, CA
Studio | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Fitness Center
29
$5,500
3003 Rockview Pl
San Luis Obispo, CA
4 BR | Jul. 1, 2025
Contact
Dog Friendly
Disability Access
44
$4,200
3260 Rockview Pl
San Luis Obispo, CA
3 BR | Jul. 1, 2025
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Dog Friendly
Cat Friendly
Surface Parking
Balcony/Deck/Patio
Storage
15
$2,995
Modern Living: 8-unit Apartment Building In The Heart Of Downtown San Luis Obispo
522 Dana St San Luis Obispo, CA
2 BR | Jul. 1, 2025
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Dog Friendly
Cat Friendly
Storage
36
$2,300
263 N. Chorro
San Luis Obispo, CA
1 BR | Jul. 1, 2025
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Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
0
$1,900 - 3,600
1127 Foothill Blvd
San Luis Obispo, CA
Studio - 3 BR | Jul. 1, 2025
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
1
3D Tour
$2,300
Laurel Lane, 1109
1109 Laurel Ln San Luis Obispo, CA
2 BR | Available Now
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Dog Friendly
Storage
Disability Access
2
$2,600
1249 Palm St
San Luis Obispo, CA
1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
1
$2,100 - 2,650
Jb Apartments
1141 E Foothill St San Luis Obispo, CA
1 - 2 BR | Jul. 11, 2025
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Surface Parking
Storage
Disability Access
2
$3,995
Vinifera
1220 Sponza Dr San Luis Obispo, CA
3 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
1
$1,600
Available Now - New San Luis Ranch Studio
1137 Forest St Unit A San Luis Obispo, CA
Studio | Available Now
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House
2
$3,300
603 Johnson Ave
San Luis Obispo, CA
3 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
5
$2,100 - 2,150
Beautiful Apartment Community In Downtown San Luis Obisp
550 Higurera St San Luis Obispo, CA
Studio - 1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
7
$2,300
428 N Chorro
428 N Chorro St San Luis Obispo, CA
1 BR | Jul. 1, 2025
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
22
Call for Pricing
791 Orcutt Rd #110
San Luis Obispo, CA
2 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
14
$3,120
Roundhouse Place
2200 Emily Street San Luis Obispo, CA
2 BR | Available Now
Contact
Cat Friendly
In Unit Laundry
Balcony/Deck/Patio
Dishwasher
18
$3,150
1100 Leff St
San Luis Obispo, CA
2 BR | Jul. 1, 2025
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
1
$2,550
507/515 Dana Street
507-515 Dana St San Luis Obispo, CA
1 BR | Feb. 1, 2025
Contact
Dog Friendly
Cat Friendly
Storage
1
$4,600
Tropical Paradise Feel- 1/4 Mile From Poly!! Great Rental!. Pet Friendly!
1027 Murray Ave San Luis Obispo, CA
3 BR | Jun. 27, 2025
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Dog Friendly
Cat Friendly
House
Disability Access
1
$2,550
Cypress
2043 Cypress St San Luis Obispo, CA
1 BR | Feb. 15, 2025
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Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
1
$2,500
3150 Rockview
3150 Rockview Pl San Luis Obispo, CA
1 BR | Feb. 15, 2025
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Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
2
$3,850 - 4,100
Walnut Properties
1127-1139 Walnut St San Luis Obispo, CA
3 BR | Jul. 1, 2025
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Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
1
$2,600
Charming Renovated Condo In Slo Off Laurel Lane
1197 Laurel Ln San Luis Obispo, CA
2 BR | Jan. 7, 2025
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House
Storage
Dishwasher
2
$1,995
0115 3350 Bullock
3350 Bullock Ln #1- San Luis Obispo, CA
1 BR | Jan. 10, 2025
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Surface Parking
Disability Access
4
$1,100
1018 Islay St Unit Unit
San Luis Obispo, CA
1 BR | Available Now
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House
Air Conditioning
Storage
Dishwasher
16
$3,900
3812 Sequoia Drive
San Luis Obispo, CA
2 BR | Available Now
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House
1
$11,600
Large House Near Poly!!
385 Chaplin Ln San Luis Obispo, CA
6 BR | Jun. 29, 2025
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House
Disability Access
1
$2,200
Available January - 2 Bedroom / 1 Bathroom Slo Condo
1041 Southwood Dr Unit D San Luis Obispo, CA
2 BR | Jan. 8, 2025
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House
2
$1,895 - 1,995
0311 - 1340 Phillips & 660 Johnson
1340 Phillips Ln San Luis Obispo, CA
1 BR | Jan. 10, 2025
Contact
Surface Parking
Storage
Disability Access
1
$3,000
Swazey Apartments -
2048 Swazey Ln San Luis Obispo, CA
2 BR | Jan. 10, 2025
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Dog Friendly
Cat Friendly
1 - 30 of 123 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 $1,600 $860 - $2,240
1BR $2,150 $1,120 - $2,780
2BR $2,700 $2,100 - $3,880
3BR $3,850 $3,210 - $4,400
4+BR $3,650 $650 - $11,600
Frequently Asked Questions

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

Rentable.co has over 2,238 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 $1,600 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 $2,150 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 $2,700 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 $2,700 per month, which is higher than the national average of $1,600 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 $64,000 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:
January Rent Report

Welcome to the January 2025 San Luis Obispo Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the January 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

$2,850
$2,140
$1,430
$710
$0
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
Jan. 2025
1 BR       2 BR

San Luis Obispo Rent Prices Decrease From December to January

San Luis Obispo rent prices decreased over the last month. From December to January, the city experienced a -0.1% decrease for the price of a one-bedroom apartment. The rent price for a San Luis Obispo one-bedroom apartments currently stands at $2,050.0.

When we take a look at the two-bedroom comparison from December to January, San Luis Obispo experienced a 1.3% increase for the price of a two-bedroom apartment. The rent price for a San Luis Obispo two-bedroom apartments currently stands at $2,641.0.

January Prices: San Luis Obispo vs. Surrounding Areas

San Luis Obispo, CA
Atascadero, CA
Paso Robles, CA
$2,052
$1,876
$1,633
$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 1 of the San Luis Obispo suburb increased last month. On the other hand, 1 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Paso Robles, CA .

  • Rent decreased in Atascadero, CA.

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

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

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
San Luis Obispo, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,103
$3,142
$2,383
$2,341
$2,052
$1,905
$1,282
$1,242
$1,219
$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 January 1 BR M/M % Change 2 BR January 2 BR M/M % Change
San Luis Obispo, CA $2,052.0 -1.16% $2,607.0 -0.76%
Atascadero, CA $1,876.0 -0.53% $2,233.0 -2.15%
Paso Robles, CA $1,633.0 2.00% $2,225.0 2.87%

Methodology

Each month, using over 1 million Rentable 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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