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Home / San Luis Obispo / Beautiful Apartment Community In Downtown San Luis Obisp
Beautiful Apartment Community In Downtown San Luis Obisp Apartment for rent in San Luis Obispo, CA
2 of 61 Beautiful Apartment Community In Downtown San Luis Obisp Apartment for rent in San Luis Obispo, CA
3 of 61 Beautiful Apartment Community In Downtown San Luis Obisp Apartment for rent in San Luis Obispo, CA
4 of 61 Beautiful Apartment Community In Downtown San Luis Obisp Apartment for rent in San Luis Obispo, CA
5 of 61 Beautiful Apartment Community In Downtown San Luis Obisp Apartment for rent in San Luis Obispo, CA
61 Photos
Photos Floor Plans Amenities
Updated 1 hour ago

Beautiful Apartment Community In Downtown San Luis Obisp


550 Higurera St San Luis Obispo, CA

Studio - 2 Bed
•
1 Bath

500 - 745 Sq. Ft.

Available Now
Floor plans
Studio • 1 Bath
$2,150
575 ft2
1 Available
Managed By: Era Management Co., Inc
AVAILABLE NOW - Upstairs Studio Apartment in Downtown SLO
$2,150
Available Now
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1 Bed • 1 Bath
$2,250
500 ft2
1 Available
Managed By: Era Management Co., Inc
AVAILABLE NOW | 1bd Unit in Downtown San Luis Obispo
$2,250
Available Now
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View Rented Units
2 Beds • 1 Bath
$2,650
745 ft2
1 Available
Managed By: Era Management Co., Inc
AVAILABLE NOW | 2 Bedroom Upstairs Unit in Downtown San Luis Obispo
$2,650
Available Now
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View Rented Units
2 Beds • 1 Bath
$2,650
625 ft2
1 Available
Managed By: Era Management Co., Inc
AVAILABLE JUNE 15th 2025 | 2 Bedroom Downstairs Unit in Downtown San Luis Obispo
$2,650
Available Jun 15th, 2025
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View Rented Units
Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
90
Walker's Paradise
Transit Score®
34
Some Transit
Bike Score®
86
Very Bikeable
Amenities
On-site Laundry
Storage
Disability Access
Refrigerator
Garbage Disposal
Trash Removal Included
Public Transportation
Range / Oven
Microwave
High-speed Internet
Smoke-free Community
Elevator
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Parking
Garage - Attached
Lease & Fees
Security Deposit:

2000 - 2650

Property details
Description

The Downtown Terrace is a multi-unit property in a gated community located in downtown San Luis Obispo.
Enjoy the downtown lifestyle at the Downtown Terrace community, just a few blocks from shopping, restaurants, and the farmer’s market.

Additional Details
Total Unit Count: 60
Last Updated: Updated 1 hour ago
Contact Number: (805) 549-5630
Photos Floor Plans Amenities
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Beautiful Apartment Community In Downtown San Luis Obisp by bedroom type below.
Studio
Suggested income:
$77,400
per year
1 Bedroom
Suggested income:
$81,000
per year
2 Bedroom
Suggested income:
$95,400
per year
Rent report

Beautiful Apartment Community In Downtown San Luis Obisp Rent vs. San Luis Obispo Average

 Beautiful Apartment Community In Downtown San Luis Obisp      San Luis Obispo Average
Studio
$2,150
$1,577
$0
$700
$1,400
$2,100
$2,800
1BR
$2,250
$2,223
$0
$750
$1,500
$2,250
$3,000
2BR
$2,650
$2,866
$0
$950
$1,900
$2,850
$3,800

Beautiful Apartment Community In Downtown San Luis Obisp is asking 36% more than the average studio apartment in San Luis Obispo.

If you upsized to an average priced San Luis Obispo 1 bedroom apartment, you would pay 29% more per month.

Beautiful Apartment Community In Downtown San Luis Obisp provides 35% more square footage than the average San Luis Obispo studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Beautiful Apartment Community In Downtown San Luis Obisp
Studio $2,150 $3.70 $6,450
1BR $2,250 $4.50 $6,750
2BR $2,650 $3.90 $7,950
San Luis Obispo Average
Studio $1,577 $3.70 $4,732
1BR $2,223 $3.70 $6,668
2BR $2,866 $3.00 $8,597
3BR $4,174 $2.80 $12,521
4BR $5,905 $3.10 $17,714

Availability in San Luis Obispo

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 129 2BR units on the market in San Luis Obispo. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
6% 24% 46% 14% 4%
Available Units in San Luis Obispo
Studio 18
1BR 69
2BR 129
3BR 40
4BR 12
Location
Nearby Colleges

California Polytechnic State University-San Luis Obispo

Cuesta College

Nearby Hospitals
Name Distance
French Hospital Medical Center 0.93 mi.
Sierra Vista Regional Medical Center 0.99 mi.
San Luis Obispo Co Psychiatric Health Facility 1.16 mi.
Nearby Fire Stations
Name Distance
San Luis Obispo County Fire Department 0.61 mi.
San Luis Obispo City Fire Department 0.83 mi.
Camp Parks Fire And Emergency Services 1.11 mi.
FAQs
Is this property currently leasing units?
Yes. There are 4 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 3 units vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 500 to 745 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are studio, 1 and 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $2,150 to $2,650. Beautiful Apartment Community In Downtown San Luis Obisp has studio units available starting at $2,150, 1 bedroom units available starting at $2,250, and 2 bedroom units available starting at $2,650.
Where is this property located?
This property is at 550 Higurera St in San Luis Obispo, CA. It's 1.0 miles west from the center of San Luis Obispo.
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