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

1 - 30 of 205 Results
14
$3,120
Roundhouse Place
2200 Emily Street San Luis Obispo, CA
2 BR | Available Now
Contact
Cat Friendly
In Unit Laundry
Balcony/Deck/Patio
Dishwasher
18
$4,000
831 Mirada Dr
San Luis Obispo, CA
3 BR | Sep. 9, 2024
Contact
House
Storage
Dishwasher
15
$2,800
2 Bedroom With Balcony And Views Of Cerro San Luis And Bishop's Peak
639 Johnson Ave Unit C San Luis Obispo, CA
2 BR | Available Now
Contact
Cat Friendly
23
$3,195
De Tolosa Ranch Apartments
1704 Tonini Dr San Luis Obispo, CA
2 BR | Jun. 18, 2024
Contact
Dog Friendly
Cat Friendly
Fitness Center
Storage
Disability Access
8
$2,900
Swazey Apartments -
2048 Swazey Ln San Luis Obispo, CA
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
13
$2,795
750 Chorro St #6
San Luis Obispo, CA
2 BR | Aug. 13, 2024
Contact
House
Surface Parking
Storage
Dishwasher
32
$4,350
Italian Countryside In The Heart Of Downtown Slo Available June 1st
773 Peach St San Luis Obispo, CA
2 BR | Available Now
Contact
Heat Included
Furnished
House
Surface Parking
Storage
22
$4,200
Beautifully Updated 3-bedroom House With Patio In Broad Street Village
3591 Sacramento Dr #19 San Luis Obispo, CA
3 BR | Aug. 3, 2024
Contact
House
Storage
Disability Access
Dishwasher
48
$2,250 - 2,995
The Junction
2120 Santa Barbara Ave San Luis Obispo, CA
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Fitness Center
15
$3,200
347 Branch St
San Luis Obispo, CA
3 BR | Jul. 1, 2024
Contact
Disability Access
12
$3,000
Neat Vintage Home W/ Small Office Near Downtown Slo- Groups Welcome
1156 Peach St San Luis Obispo, CA
2 BR | Jul. 14, 2024
Contact
House
Surface Parking
Storage
19
$1,800
0043 443-445 Buchon Street
443-445 Buchon St San Luis Obispo, CA
1 BR | Aug. 14, 2024
Contact
Dog Friendly
Cat Friendly
Storage
23
$3,850
Available June - Beautiful Home With Views - 3 Bed / 2 Bath
2467 Parkland Ter San Luis Obispo, CA
3 BR | Jun. 12, 2024
Contact
House
12
$1,950
Cerro Romauldo - 331 Cerro Romauldo Ave. San Luis Obispo, Ca 93405
331 Cerro Romauldo Ave San Luis Obispo, CA
Studio | Jul. 12, 2024
Contact
Storage
20
$1,995
0139 614 Grand Ave.
614 Grand Ave San Luis Obispo, CA
1 BR | Jul. 1, 2024
Contact
Surface Parking
Balcony/Deck/Patio
Storage
Disability Access
9
$1,995
0136 3175 Camellia Court
3175 Camellia Ct San Luis Obispo, CA
1 BR | Jun. 14, 2024
Contact
Surface Parking
Storage
Disability Access
12
$2,800 - 2,825
Branch, 367-369
367-369 Branch St San Luis Obispo, CA
2 - 3 BR | Available Now
Contact
Disability Access
Dishwasher
6
$1,600
803 Walnut
San Luis Obispo, CA
Studio | Jul. 24, 2024
Contact
Surface Parking
Storage
Disability Access
16
$1,995
0153 1196 Foothill Blvd.
1196 Foothill Blvd San Luis Obispo, CA
1 BR | Jul. 10, 2024
Contact
Surface Parking
Storage
Disability Access
40
$4,500
Bright Newly Built Condo W/lots Of Designer Upgrades! Groups Welcome
3810 Hatchery Ln Unit 1 San Luis Obispo, CA
3 BR | Sep. 5, 2024
Contact
House
Air Conditioning
Storage
Dishwasher
5
$2,225 - 2,675
Beautiful Apartment Community In Downtown San Luis Obisp
550 Higurera St San Luis Obispo, CA
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
23
$2,675 - 3,075
791 Orcutt Rd #110
San Luis Obispo, CA
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
21
$3,950
Great Home - Great Central Location In Slo
11860 Los Osos Valley RD San Luis Obispo, CA
3 BR | Jun. 7, 2024
Contact
Dog Friendly
Cat Friendly
House
Storage
Dishwasher
10
$2,700
Buchon, 1256 - 1258
1256-1258 Buchon St San Luis Obispo, CA
2 BR | Jul. 1, 2024
Contact
Surface Parking
Storage
5
$1,745 - 1,795
0175 1807 Abbott
1807 Abbott St San Luis Obispo, CA
1 BR | Jun. 27, 2024
Contact
Storage
Disability Access
Pool
13
$2,500
Two Bedroom Condo W/loft Sinsheimer Neighborhood
1043 Southwood Dr San Luis Obispo, CA
2 BR | Jul. 30, 2024
Contact
House
Storage
Dishwasher
Pool
10
$3,500
2805 Garibaldi Ave
2.0
San Luis Obispo, CA
3 BR | Available Now
Contact
House
Disability Access
Dishwasher
18
$2,995
1100 Leff St
San Luis Obispo, CA
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
8
$1,700
Available June - Centrally Located San Luis Obispo Studio - Studio / 1 Bath
1733 Farrier Ct San Luis Obispo, CA
Studio | Jun. 18, 2024
Contact
House
Storage
Disability Access
Dishwasher
9
$2,295
2041,2043 & 2045 Swazey
San Luis Obispo, CA
2 BR | Oct. 10, 2024
Contact
Surface Parking
Storage
Disability Access
Dishwasher
1 - 30 of 205 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 $1,700 $910 - $2,450
1BR $2,050 $1,610 - $2,780
2BR $2,750 $2,250 - $3,660
3BR $3,950 $3,010 - $4,700
4+BR $5,170 $3,200 - $7,500
Frequently Asked Questions

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

Rentable.co has over 2,185 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 $1,700 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 $2,050 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 $2,750 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 $2,750 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 $68,000 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:
June Rent Report

Welcome to the June 2024 San Luis Obispo Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the June 2024 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

$2,850
$2,140
$1,430
$710
$0
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
1 BR       2 BR

San Luis Obispo Rent Prices Increase From May to June

San Luis Obispo rent prices increased over the last month. From May to June, the city experienced a 0.88% increase for the price of a one-bedroom apartment. The rent price for a San Luis Obispo one-bedroom apartments currently stands at $2,068.0.

When we take a look at the two-bedroom comparison from May to June, San Luis Obispo experienced a -0.4% decrease for the price of a two-bedroom apartment. The rent price for a San Luis Obispo two-bedroom apartments currently stands at $2,759.0.

June Prices: San Luis Obispo vs. Surrounding Areas

Paso Robles, CA
San Luis Obispo, CA
Atascadero, CA
$2,141
$2,050
$1,839
$0
$700
$1,400
$2,100
$2,800
Median 1 BR Rent

Rent Prices in San Luis Obispo and Surrounding Areas

Rent prices have increased 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 2 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:

  • Rent increased in Paso Robles, CA, Atascadero, CA .

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

  • 1 suburb is currently priced higher than the city of San Luis Obispo.

  • 1 suburb is currently priced lower than the city of San Luis Obispo.

June 2024 Pricing Trends: San Luis Obispo vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
San Luis Obispo, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,132
$3,030
$2,390
$2,331
$2,050
$1,905
$1,353
$1,259
$1,203
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

San Luis Obispo Rent Prices More Affordable Than Major Cities

Rent growth in San Luis Obispo over the past year has been on the rise. 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 June 1 BR M/M % Change 2 BR June 2 BR M/M % Change
San Luis Obispo, CA $2,050.0 -1.68% $2,770.0 -0.32%
Paso Robles, CA $2,141.0 0.38% $2,433.0 1.50%
Atascadero, CA $1,839.0 0.82% $2,374.0 0.25%

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