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Apartments in San Luis Obispo

1 - 30 of 192 Results
36
$1,995
263 N. Chorro
San Luis Obispo, CA
1 BR | Jul. 1, 2026
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12
$3,675 - 4,350
Mission Orchard
626 Broad St San Luis Obispo, CA
2 BR | Jul. 9, 2026
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1
$4,025
3 Bedroom 2 Bathroom Home Available July
2132 Price St San Luis Obispo, CA
3 BR | Jul. 10, 2026
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Balcony/Deck/Patio
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1
$4,600
Walnut Properties
1127-1139 Walnut St San Luis Obispo, CA
3 BR | Available Now
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1
$1,500
Kentucky, 480
480 Kentucky St San Luis Obispo, CA
Studio | Available Now
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1
$3,475 - 3,500
1252 E Foothill Blvd 1237 Monte Vista Pl
San Luis Obispo, CA
2 BR | Jul. 5, 2026
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18
$6,200
133 & 135 Foothill Blvd
San Luis Obispo, CA
4 BR | Jul. 1, 2026
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1
$1,725 - 2,400
Foothill Gardens Apartments - 1301 - 1317 E. Foothill Blvd.
1301-1317 E Foothill Blvd San Luis Obispo, CA
1 BR | Jun. 4, 2026
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1
$1,850
Chorro, 66
66 Chorro St San Luis Obispo, CA
1 BR | Jul. 8, 2026
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2
$2,200 - 2,800
1249 Palm St
San Luis Obispo, CA
Studio - 1 BR | Jul. 1, 2026
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Dog Friendly
Cat Friendly
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1
$2,550
Buchon, 530-538
530-538 Buchon St San Luis Obispo, CA
2 BR | Jul. 4, 2026
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Cat Friendly
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1
$1,975 - 2,250
Sierra Vista Apartments - 500 And 510 E. Foothill Blvd.
500 E Foothill Blvd. 510 E Foothill Blvd. San Luis Obispo, CA
1 BR | Available Now
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1
$6,500
5bd/3ba House Walkable To Downtown Slo!
1845 Morro St San Luis Obispo, CA
5 BR | Aug. 1, 2026
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1
$4,250
Desirable 3 Bedroom 3 Bathroom Home In Quiet Neighborhood!
3591 Sacramento Dr #44 San Luis Obispo, CA
3 BR | Aug. 14, 2026
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1
$2,200
Apartments Close To Cal Poly Slo
1290 Murray Ave San Luis Obispo, CA
1 BR | Jul. 1, 2026
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1
$1,800
Stenner, 176
176 Stenner St San Luis Obispo, CA
Studio | Jul. 7, 2026
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16
$3,300
1622 Palm St
San Luis Obispo, CA
2 BR | Available Now
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Dog Friendly
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1
$2,275
428 N Chorro
428 N Chorro St San Luis Obispo, CA
1 BR | Jul. 1, 2026
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Dog Friendly
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1
$2,300
Santa Barbara, 1717
1717 Santa Barbara Ave San Luis Obispo, CA
1 BR | Aug. 12, 2026
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0
$2,600
1314 Palm
1314 Palm St San Luis Obispo, CA
1 BR | Jul. 10, 2026
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1
$3,150
Beautiful 2-bedroom, 1.5-bath Home In San Luis Obispo!
2220 Exposition Dr #99 San Luis Obispo, CA
2 BR | Available Now
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0
$2,950
Renovated 2 Bedroom 1 Bath Unit
524 Dana St San Luis Obispo, CA
2 BR | Jul. 1, 2026
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0
$2,295
Connect Slo
3110 Duncan Rd San Luis Obispo, CA
Studio | Jun. 15, 2026
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0
$5,000
3 Bedroom 2 Bath - Available July 2026 - May 2027
522 Dana St San Luis Obispo, CA
3 BR | Jul. 1, 2026
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1
$1,900
High, 730A
730 High St San Luis Obispo, CA
Studio | Jul. 8, 2026
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0
$2,950
Renovated 2 Bedroom 1 Bath Unit
524 Dana St San Luis Obispo, CA
2 BR | Jul. 25, 2026
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1
$6,000
Beautiful 4 Bedroom, 3.5 Bathroom Home In San Luis Obispo!
3286 Lavender Ln San Luis Obispo, CA
4 BR | Jul. 14, 2026
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44
$4,000
3260 Rockview Pl
San Luis Obispo, CA
3 BR | Available Now
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22
$2,400 - 2,850
791 Orcutt Rd #110
San Luis Obispo, CA
Studio - 2 BR | Available Now
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Air Conditioning
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5
$1,895
0175 1807 Abbott
1807 Abbott St San Luis Obispo, CA
1 BR | Jun. 9, 2026
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1 - 30 of 192 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 $1,950 $910 - $2,360
1BR $2,100 $800 - $2,650
2BR $3,000 $2,030 - $3,890
3BR $4,200 $3,190 - $6,060
4+BR $6,500 $4,720 - $12,500
Frequently Asked Questions

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

Rentable.co has over 3,620 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 $1,950 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 $2,100 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 $3,000 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 $3,000 per month, which is higher than the national average of $1,640 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 $78,000 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

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Templeton, CA
Nipomo, CA
Guadalupe, CA
Paso Robles, CA

Campuses Nearby

California Polytechnic State University-San Luis Obispo
Cuesta College

San Luis Obispo:
May Rent Report

Welcome to the May 2026 San Luis Obispo Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2026 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

$2,650
$1,990
$1,330
$660
$0
Jun. 2025
Jul. 2025
Aug. 2025
Sep. 2025
Oct. 2025
Nov. 2025
Dec. 2025
Jan. 2026
Feb. 2026
Mar. 2026
Apr. 2026
May. 2026
1 BR       2 BR

San Luis Obispo Rent Prices Decrease From April to May

San Luis Obispo rent prices decreased over the last month. From April to May, the city experienced a 0% decrease for the price of a one-bedroom apartment. The rent price for a San Luis Obispo one-bedroom apartments currently stands at $.

When we take a look at the two-bedroom comparison from April to May, San Luis Obispo experienced a 0% decrease for the price of a two-bedroom apartment. The rent price for a San Luis Obispo two-bedroom apartments currently stands at $.

May Prices: San Luis Obispo vs. Surrounding Areas

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 0 of the San Luis Obispo suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the San Luis Obispo suburbs

  • Rents did not decrease in any of the San Luis Obispo suburbs.

May 2026 Pricing Trends: San Luis Obispo vs. National Comparisons

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 May 1 BR M/M % Change 2 BR May 2 BR M/M % Change

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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