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Apartments Under $1,200 in San Luis Obispo, CA

1 - 5 of 5 Results
1
$1,100
0350 1814 Osos St.
1814 Osos St San Luis Obispo, CA
1 BR | Jul. 14, 2026
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Disability Access
Dishwasher
16
$599 - 999
The Slo Student Living Apartments
1050 E Foothill Blvd San Luis Obispo, CA
1 - 2 BR | Aug. 15, 2026
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16
$874
3000 Augusta St
San Luis Obispo, CA
1 BR | Ask for Availability
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1
$950
Buchon - 871
871 Buchon St San Luis Obispo, CA
1 BR | Available Now
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1
$850 - 1,100
1124 Nipomo St
San Luis Obispo, CA
Studio | Available Now
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1 - 5 of 5 Results
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  2. San Luis Obispo
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Frequently Asked Questions

How many apartments under $1,200 are available in San Luis Obispo, CA on Rentable.co?

There are 5 apartments under $1,200 in San Luis Obispo currently available for rent on Rentable.co.

How many studio apartments under $1,200 are available in San Luis Obispo?

Rentable.co has 9 studio apartments under $1,200 available for rent in San Luis Obispo.

How many one-bedroom apartments under $1,200 are available in San Luis Obispo?

Rentable.co has 50 one-bedroom apartments under $1,200 available for rent in San Luis Obispo.

How many two-bedroom apartments under $1,200 are available in San Luis Obispo?

Rentable.co has 2 two-bedroom apartments under $1,200 available for rent in San Luis Obispo.

Can I afford a apartment under $1,200 in San Luis Obispo, CA?

To comfortably afford a apartment under $1,200 in San Luis Obispo based on average rent prices, a household would need an annual income of $37,000.

Apartments Under $1,200 in San Luis Obispo, CA: July Rental Information

Welcome to the July 2026 San Luis Obispo Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the July 2026 key findings and figures for the San Luis Obispo rental landscape.

Our experts analyze the inventory trends for apartments under $1,200 — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in San Luis Obispo and surrounding areas. This summary also provides an insight into available features and amenities, as well as location options for apartments under $1,200 in San Luis Obispo.
0 2 5 7 10 <$800 $860 $980 $1,100 $1,220 $1,340 $1,460 $1,580 $1,700 $1,820 $1,940 $2,060 $2,180 $2,300 $2,420 $2,540 $2,660 $2,780
This month, the typical cost to rent a one-bedroom apartment in San Luis Obispo stands at $2,000, with the majority falling between $830 and $2,770. Out of the 434 one-bedroom apartments currently on the market in San Luis Obispo, 26 are priced below $1,200, accounting for 6% of the total available one-bedroom units in San Luis Obispo.

Available Apartments Under $1,200: San Luis Obispo vs. Surrounding Areas

San Luis Obispo, CA
4
As of July 2026, there are a total of 7 apartments priced under $1,200 available in the San Luis Obispo, CA metro area. This includes the cities of Arroyo Grande, Morro Bay, Atascadero, Paso Robles, Pismo Beach, Grover Beach, Cayucos, Creston, Los Osos, Templeton, and Shell Beach. Renters seeking affordable options in this region will find a range of choices to suit their needs and budget. Whether you're looking for a cozy studio or a spacious one-bedroom, there are numerous options available to explore. Rentable's apartment search platform makes it easy to discover and compare apartments in San Luis Obispo, CA and its surrounding cities.

Apartments Under $1,200 Now vs. Last Month: San Luis Obispo and Surrounding Areas

City Apartments Under $1,200 in July M/M % Change
San Luis Obispo, CA 4 +1.0%
Paso Robles, CA 1 +1.0%
Los Osos, CA 1 -1.0%
Atascadero, CA 0 +1.5%
Creston, CA 0 +1.67%

Looking for Apartments Under $1,200 in San Luis Obispo?

Available apartments under $1,200 67
Top amenities Range / Oven, Microwave, High Speed Internet, Smoke Free Community, Garage Attached
Utilities included 4
Studio 3
1 Bedroom 10
2 Bedroom 1
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