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

61 - 90 of 156 Results
21
$3,000
2860 Victoria Ave Unit None
San Luis Obispo, CA
2 BR | Sep. 1, 2026
Contact
Balcony/Deck/Patio
Storage
Dishwasher
6
$4,100
304 La Canada Dr
San Luis Obispo, CA
3 BR | Available Now
Contact
House
16
$599 - 949
The Slo Student Living Apartments
1050 E Foothill Blvd San Luis Obispo, CA
1 BR | Available Now
Contact
1
$3,300
Charming Historic 3bd/2ba Two Story House, Walking Distance To Downtown Slo
462 Dana St San Luis Obispo, CA
3 BR | Available Now
Contact
House
Storage
Disability Access
1
$2,995
3bd/1.5ba House On Mitchell Street, Available July 15th, 2026.
515 Mitchell Dr San Luis Obispo, CA
3 BR | Available Now
Contact
House
Storage
1
$3,850
Slo 4 Bedroom, 2 Bath In Laguna Lake
1388 Cavalier Ln San Luis Obispo, CA
4 BR | Available Now
Contact
House
Disability Access
Dishwasher
20
$4,500
889 Casitas Ct
San Luis Obispo, CA
4 BR | Available Now
Contact
House
Storage
Dishwasher
20
$1,850 - 2,850
Peach Street
660 Peach St San Luis Obispo, CA
Studio - 2 BR | Available Now
Contact
Dishwasher
1
$3,300
2 Bed 2 Bath Literally Less Than 700 Feet From Campus Entrance!
1239 Foothill St San Luis Obispo, CA
2 BR | Available Now
Contact
House
Storage
1
$2,450
1 Bedroom House Near Downtown Slo
1203 Pismo St San Luis Obispo, CA
1 BR | Sep. 11, 2026
Contact
House
Dishwasher
1
$2,800
735 & 745 Grand Avenue
San Luis Obispo, CA
3 BR | Aug. 24, 2026
Contact
Storage
15
$4,200
1559 Royal Way
San Luis Obispo, CA
4 BR | Available Now
Contact
House
Dishwasher
1
$4,300
Bright Newly Built Condo W/lots Of Designer Upgrades! Groups Welcome
3810 Hatchery Ln Unit 1 San Luis Obispo, CA
3 BR | Sep. 7, 2026
Contact
House
Air Conditioning
Storage
Dishwasher
1
$2,995
2220 Exposition, #84
2220 Exposition Dr #84 San Luis Obispo, CA
2 BR | Sep. 7, 2026
Contact
Dog Friendly
Cat Friendly
House
Storage
Dishwasher
1
$4,500
Renovated 5 Bedroom In The College Highlands Neighborhood By Cal Poly
541 Highland Dr San Luis Obispo, CA
5 BR | Available Now
Contact
House
Storage
Dishwasher
1
$1,750
Brook - 180-190 Brook San Luis Obispo, Ca 93401
180-190 Brook St San Luis Obispo, CA
1 BR | Available Now
Contact
1
$3,800
Beautifully Updated 3-bedroom House With Patio In Broad Street Village
3591 Sacramento Dr #19 San Luis Obispo, CA
3 BR | Available Now
Contact
House
Storage
Disability Access
Dishwasher
1
$4,920
123 Jeffrey, 304 Foothill and 316 Foothill
San Luis Obispo, CA
4 BR | Available Now
Contact
Disability Access
9
$4,100
304 La Canada Dr
San Luis Obispo, CA
3 BR | Available Now
Contact
House
1
$3,600
Great 3 Bedroom 2 Bath Home In Slo For Rent
1321 Madonna RD San Luis Obispo, CA
3 BR | Available Now
Contact
House
1
$4,000
292-300 Hig
292 Higuera St San Luis Obispo, CA
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
1
$3,000
570 Peach St #32
San Luis Obispo, CA
3 BR | Available Now
Contact
House
Surface Parking
Storage
Dishwasher
Pool
1
$3,000
1824 Nipomo St
San Luis Obispo, CA
3 BR | Available Now
Contact
House
Disability Access
1
$4,100
2701 Meadow
San Luis Obispo, CA
4 BR | Available Now
Contact
House
Storage
16
$874
3000 Augusta St
San Luis Obispo, CA
1 BR | Ask for Availability
Contact
0
$2,900
2 Bedroom Flat By French Hospital
1453-1 2 Lizzie St San Luis Obispo, CA
2 BR | Available Now
Contact
1
$4,200
941 Humbert Ave
San Luis Obispo, CA
3 BR | Available Now
Contact
House
1
$2,925
586 Pacific St
San Luis Obispo, CA
1 BR | Available Now
Contact
House
1
$5,500
Newly Renovated! Lincoln Market Near Downtown Slo
390 Hill St San Luis Obispo, CA
4 BR | Sep. 1, 2026
Contact
House
Dishwasher
1
$3,800
1363 Avalon
1363 Avalon St San Luis Obispo, CA
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
61 - 90 of 156 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 $2,000 $920 - $2,920
1BR $2,080 $780 - $2,850
2BR $2,600 $1,690 - $3,720
3BR $3,850 $2,990 - $4,900
4+BR $4,780 $2,770 - $7,500
Frequently Asked Questions

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

Rentable.co has over 3,829 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 $2,000 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 $2,080 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 $2,600 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 $2,600 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 $80,000 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:
August Rent Report

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

$50
$40
$30
$10
$0
Sep. 2025
Oct. 2025
Nov. 2025
Dec. 2025
Jan. 2026
Feb. 2026
Mar. 2026
Apr. 2026
May. 2026
Jun. 2026
Jul. 2026
Aug. 2026
1 BR       2 BR

San Luis Obispo Rent Prices Decrease From July to August

San Luis Obispo rent prices decreased over the last month. From July to August, 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 July to August, 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 $.

August 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.

August 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 August 1 BR M/M % Change 2 BR August 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.

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