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Updated 2 hours ago

Beautiful Apartment Community In Downtown San Luis Obisp


550 Higurera St San Luis Obispo, CA

1 - 2 Bed
•
1 Bath

500 - 625 Sq. Ft.

Available starting Jul. 1st
Floor plans
Studio • 1 Bath
$2,125
500 ft2
0 Available
Managed By: Era Management Co., Inc
550 Higuera St Unit 15A
$2,125
Rented
View
Studio • 1 Bath
$1,850 - $1,950
575 ft2
0 Available
Managed By: Era Management Co., Inc
| AVAILABLE NOW | Upstairs Studio Apartment in Downtown SLO
$1,850
Rented
View
15A
$1,950
Rented
View
25A
$1,900
Rented
View
12A
$1,900
Rented
View
13A
$1,900
Rented
View
11A
$1,900
Rented
View
1 Bed • 1 Bath
$1,950
500 ft2
1 Available
Managed By: Era Management Co., Inc
18B
$1,950
Available Jul 1st, 2026
View
View Rented Units
2 Beds • 1 Bath
$2,500
625 ft2
1 Available
Managed By: Era Management Co., Inc
02B
$2,500
Available Jul 10th, 2026
View
View Rented Units
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Where you'll live
Street View
Map View
Satellite View
Beautiful Apartment Community In Downtown San Luis Obisp
Beautiful Apartment Community In Downtown San Luis Obisp
Beautiful Apartment Community In Downtown San Luis Obisp
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:

1950 - 2500

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 2 hours ago
Contact Number: (805) 439-9650
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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.
1 Bedroom
Suggested income:
$70,200
per year
2 Bedroom
Suggested income:
$90,000
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
1BR
$1,950
$2,077
$0
$700
$1,400
$2,100
$2,800
2BR
$2,500
$3,022
$0
$1,000
$2,000
$3,000
$4,000

Beautiful Apartment Community In Downtown San Luis Obisp is asking 6% less than the average 1 bedroom apartment in San Luis Obispo.

If you upsized to an average priced San Luis Obispo 2 bedroom apartment, you would pay 31% more per month.

If you downsized to an average priced San Luis Obispo studio apartment, you would pay 16% less per month.

Beautiful Apartment Community In Downtown San Luis Obisp provides 5% less square footage than the average San Luis Obispo 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Beautiful Apartment Community In Downtown San Luis Obisp
1BR $1,950 $3.90 $5,850
2BR $2,500 $4.00 $7,500
San Luis Obispo Average
Studio $1,787 $4.00 $5,360
1BR $2,077 $3.90 $6,230
2BR $3,022 $3.20 $9,067
3BR $4,583 $3.30 $13,749
4BR $6,030 $3.10 $18,090

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 105 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
8% 30% 33% 16% 9%
Available Units in San Luis Obispo
Studio 25
1BR 95
2BR 105
3BR 50
4BR 28
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 2 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 2 units available for move-in over the next 2 months. The soonest move-in date is July 01, 2026.
What's the square footage of the available units?
The available units range from 500 to 625 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 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 $1,950 to $2,500. Beautiful Apartment Community In Downtown San Luis Obisp has 1 bedroom units available starting at $1,950 and 2 bedroom units available starting at $2,500.
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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