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Cheap Condos for Rent in San Luis Obispo, CA

58 Rentals
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  12. Building Photo - 404 Patricia Dr
    STUDIO, 1 BATH
    $1,980
    Total Monthly Price Total Monthly Price New
    Base Rent$1,980
    Required Monthly FeesNone
    Total Monthly Price$1,980

    404 Patricia Dr Unit Studio

    404 Patricia Dr, San Luis Obispo, CA 93405
    Apply
  16. Building Photo - 1025 Southwood Dr
    2 BEDS, 2 BATHS
    $2,500
    Total Monthly Price Total Monthly Price New
    Base Rent$2,500
    Required Monthly FeesNone
    Total Monthly Price$2,500

    1025 Southwood Dr Unit Southwood

    1025 Southwood Dr, San Luis Obispo, CA 93401
    Apply
  23. Building Photo - 55 Stenner St
    2 BEDS, 2 BATHS
    $2,800
    Total Monthly Price Total Monthly Price New
    Base Rent$2,800
    Required Monthly FeesNone
    Total Monthly Price$2,800

    55 Stenner St Unit F

    55 Stenner St, San Luis Obispo, CA 93405
    Apply
  34. Building Photo - 680 Morro St
    2 BEDS, 1.5 BATHS
    $3,500
    Total Monthly Price Total Monthly Price New
    Base Rent$3,500
    Required Monthly FeesNone
    Total Monthly Price$3,500

    680 Morro St Unit A

    680 Morro St, San Luis Obispo, CA 93401
    Apply
  41. Building Photo - 45 Stenner St
    2 BEDS, 2 BATHS
    $4,200
    Total Monthly Price Total Monthly Price New
    Base Rent$4,200
    Required Monthly FeesNone
    Total Monthly Price$4,200

    45 Stenner St Unit K

    45 Stenner St, San Luis Obispo, CA 93405
    (805) 439-9555
Showing 42 of 58 results, Page 1 of 2

San Luis Obispo at a Glance

Average Rent

$1,945
(All bedrooms and property types)
Learn more about
Average Rent in San Luis Obispo
7

School Rating

out of 10 Rating
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Schools in San Luis Obispo

San Luis Obispo, CA Cheap Condos for Rent

Find cheap condos for rent in San Luis Obispo with Apartment Finder. Whether you're looking for a two-bedroom condo or something more spacious with three-four beds, you want the best place at the right price. We have a great selection of budget-friendly condos for rent, and we'll show you which rentals offer the best value in San Luis Obispo.

Finding a rental that fits your budget without compromising on quality can seem challenging, but Apartment Finder makes it easy to discover cheap condos for rent with all the features you want. To find a condo within your price range, try looking in less popular neighborhoods outside the city center. Timing is everything when searching for affordable rentals, so look at different times of the day, days of the week and (if you can wait) certain months like December through March. When you find a condo with a great price, don't hesitate! Cheap rentals tend to go very quickly.

Affordability doesn't have to equal sacrifice. While being flexible is important, you might not have to give up as much as you think. You can find a cheap condo for rent, complete with must-have amenities such as paid utilities and a garage. Click on any of these properties to see photos and floor plans, read reviews, check out the rent calculator, and learn more about the neighborhood with information on nearby parks, shopping malls, and transit stops. With 58 cheap condos available in San Luis Obispo Apartment Finder is the place to find your next rental.

Renting in San Luis Obispo

Average Rental Rates and Apartment Sizes

Education

GreatSchools Rating
San Luis Obispo High

Public High School

Public
Grades 9-12
Students
GreatSchools Rating
Pacific Beach High School

Public High School

Public
Grades 9-12
Students
GreatSchools Rating
Laguna Middle

Public Middle School

Public
Grades 6-8
Students
GreatSchools Rating
Bellevue-Santa Fe Charter School

Public Elementary School

Public
Grades K-5
Students
GreatSchools Rating
Teach Elementary

Public Elementary School

Public
Grades K-5
Students
GreatSchools Rating
Bishop's Peak Elementary

Public Elementary School

Public
Grades K-5
Students
GreatSchools Rating
Pacheco Elementary

Public Elementary School

Public
Grades K-5
Students
GreatSchools Rating
Sinsheimer Elementary

Public Elementary School

Public
Grades K-5
Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

Apartments for Rent Near San Luis Obispo by Neighborhoods

Apartments for Rent Near San Luis Obispo

San Luis Obispo Apartments for Rent in Your Budget

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