Careers
Favorites
Advertise With Us
Log In
Create Search Alert
Get alerts when new listings become available in the San Luis Obispo area that match this search.
Email address:

Subscribed
Error! Please try again later.
Contact Property
Your Name

Email Address

Phone Number
Desired Move In Date
Desired Number of Bedrooms
Request a Tour Date

Ask a Question

Error! Please try again later.

Apartments in San Luis Obispo

1 - 30 of 168 Results
36
$2,163
263 N. Chorro
San Luis Obispo, CA
1 BR | Jul. 1, 2025
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
48
$2,250
The Junction
2120 Santa Barbara Ave San Luis Obispo, CA
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Fitness Center
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
Contact
Dog Friendly
Cat Friendly
Storage
1
$3,950
Stunning 3 Bedroom, 2 Bathroom Home With Modern Amenities!!
14 Villa Ct San Luis Obispo, CA
3 BR | May. 18, 2025
Contact
House
Storage
Disability Access
1
3D Tour
$2,500
Laurel Lane Manor
1109 Laurel Ln San Luis Obispo, CA
2 BR | Apr. 18, 2025
Contact
Dog Friendly
Storage
Disability Access
1
$1,700 - 1,750
Stenner, 176
176 Stenner St San Luis Obispo, CA
Studio | Jul. 7, 2025
Contact
Storage
Disability Access
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
Contact
House
1
$2,500
Available August - Two Story 2 Bedroom / 1.5 Bath Slo Condo
1750 Prefumo Canyon Rd Apt 67 San Luis Obispo, CA
2 BR | Aug. 20, 2025
Contact
House
Storage
Disability Access
1
$2,550
Santa Barbara, 1763
1763 Santa Barbara Ave San Luis Obispo, CA
2 BR | Aug. 4, 2025
Contact
Storage
Disability Access
1
$1,775 - 2,230
Foothill Gardens Apartments - 1301 - 1317 E. Foothill Blvd.
1301-1317 E Foothill Blvd San Luis Obispo, CA
1 BR | Jul. 4, 2025
Contact
Storage
Disability Access
1
$3,800
Available Now - Spacious 3 Bedroom / 2.5 Bathroom In Slo
876 Lawrence Dr San Luis Obispo, CA
3 BR | Available Now
Contact
House
Storage
Disability Access
Dishwasher
1
$3,000
Branch, 367-369
367-369 Branch St San Luis Obispo, CA
2 BR | Jun. 10, 2025
Contact
Disability Access
Dishwasher
1
$5,000
Charming 3 Bedroom, 1 Bathroom House Near Cal Poly
166 Chorro St San Luis Obispo, CA
3 BR | Jul. 15, 2025
Contact
House
Storage
1
$1,850 - 2,300
Sierra Vista Apartments - 500 And 510 E. Foothill Blvd.
500 E Foothill Blvd. 510 E Foothill Blvd. San Luis Obispo, CA
1 - 2 BR | Jul. 4, 2025
Contact
Storage
Disability Access
1
$1,900 - 3,400
1252 E Foothill Blvd 1237 Monte Vista Pl
San Luis Obispo, CA
1 - 2 BR | Jul. 8, 2025
Contact
Surface Parking
Storage
Disability Access
Dishwasher
1
$4,250
Desirable 3 Bedroom 3 Bathroom Home In Quiet Neighborhood!
3591 Sacramento Dr #44 San Luis Obispo, CA
3 BR | Aug. 15, 2025
Contact
Dog Friendly
Cat Friendly
House
Storage
2
$4,250
Vinifera
1220 Sponza Dr San Luis Obispo, CA
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
1
$3,800
3 Bedroom 1 Bathroom House Near Cal Poly Available August
31 Tassajara Dr San Luis Obispo, CA
3 BR | Aug. 4, 2025
Contact
House
Storage
2
$2,250
1249 Palm St
San Luis Obispo, CA
Studio | May. 17, 2025
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
1
$3,000
Broad, 880-888
880-888 Broad St San Luis Obispo, CA
2 BR | May. 1, 2025
Contact
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
Contact
House
1
$2,700
Available Now - New Construction Home In San Luis Obispo - 1 Bed / 1 Bath
2332 Meadow St San Luis Obispo, CA
1 BR | Available Now
Contact
House
Dishwasher
1
$4,200
Available Now - Righetti Ranch 3Bed 2.5 Bath Slo Home
3812 Hatchery Ln #2 San Luis Obispo, CA
3 BR | Apr. 15, 2025
Contact
House
1
$11,200
Available September - Updated Home Near Cal Poly - 8 Bedrooms / 3 Bathrooms
324 Cuesta Dr San Luis Obispo, CA
8+ BR | Sep. 1, 2025
Contact
House
Dishwasher
1
$1,800
High, 730A
730 High St San Luis Obispo, CA
Studio | Jul. 4, 2025
Contact
1
$1,925 - 2,150
Crandall
175 Crandall Way San Luis Obispo, CA
1 BR | Jul. 8, 2025
Contact
0
$2,158 - 2,183
Connect Slo
3110 Duncan Rd San Luis Obispo, CA
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
44
$4,000
3260 Rockview Pl
San Luis Obispo, CA
3 BR | Jul. 1, 2025
Contact
Dog Friendly
Cat Friendly
Surface Parking
Balcony/Deck/Patio
Storage
22
$2,575 - 3,400
791 Orcutt Rd #110
San Luis Obispo, CA
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
13
$1,995 - 2,295
0016 1581 El Tigre Court
1581 El Tigre Ct San Luis Obispo, CA
1 - 2 BR | Jul. 16, 2025
Contact
Surface Parking
Storage
Disability Access
Dishwasher
1 - 30 of 168 Results
  1. Home
  2. San Luis Obispo

How much does it cost to rent an apartment in San Luis Obispo?

San Luis Obispo Apartments
Bed Type Average Rent Range
Studio $1,800 $930 - $2,780
1BR $2,000 $1,650 - $2,750
2BR $2,630 $2,160 - $3,970
3BR $4,200 $3,230 - $6,170
4+BR $4,960 $650 - $11,700
Frequently Asked Questions

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

Rentable.co has over 2,660 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 $1,800 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 $2,630 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 $2,630 per month, which is higher than the national average of $1,630 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 $72,000 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:
April Rent Report

Welcome to the April 2025 San Luis Obispo Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the April 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
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
Jan. 2025
Feb. 2025
Mar. 2025
Apr. 2025
1 BR       2 BR

San Luis Obispo Rent Prices Decrease From March to April

San Luis Obispo rent prices decreased over the last month. From March to April, the city experienced a -1.61% decrease for the price of a one-bedroom apartment. The rent price for a San Luis Obispo one-bedroom apartments currently stands at $2,082.0.

When we take a look at the two-bedroom comparison from March to April, San Luis Obispo experienced a -1.25% decrease for the price of a two-bedroom apartment. The rent price for a San Luis Obispo two-bedroom apartments currently stands at $2,617.0.

April Prices: San Luis Obispo vs. Surrounding Areas

San Luis Obispo, CA
Los Osos, CA
Morro Bay, CA
Paso Robles, CA
Atascadero, CA
Arroyo Grande, CA
$2,116
$1,929
$1,904
$1,861
$1,858
$1,661
$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 2 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 Morro Bay, CA, Los Osos, CA .

  • Rent decreased in Atascadero, CA, Paso Robles, CA, Arroyo Grande, CA.

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

April 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
$4,079
$3,149
$2,365
$2,334
$2,116
$1,894
$1,284
$1,245
$1,207
$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 April 1 BR M/M % Change 2 BR April 2 BR M/M % Change
San Luis Obispo, CA $2,116.0 1.73% $2,650.0 0.11%
Atascadero, CA $1,858.0 -0.70% $2,081.0 -1.28%
Paso Robles, CA $1,861.0 -0.11% $2,363.0 -0.17%
Arroyo Grande, CA $1,661.0 -0.06% $2,423.0 0.83%
Morro Bay, CA $1,904.0 1.38% $3,045.0 -6.31%
Los Osos, CA $1,929.0 2.33% $2,775.0 6.65%

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.

Browse San Luis Obispo Apartments
San Luis Obispo Apartments by Bedrooms
San Luis Obispo Apartments by Affordability
San Luis Obispo Apartments with Amenities
San Luis Obispo Apartments by Type
Colleges Near San Luis Obispo
San Luis Obispo Apartments by Zip Code