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Apartments for Rent in San Luis Obispo, CA

213 Rentals
.
  9. Rent Special
    Rent Special
    5 BEDS
    $1,670
    Total Monthly Price Total Monthly Price New
    Base Rent$1,670
    Required Monthly FeesNone
    Total Monthly Price$1,670

    Palomar at SLO

    71 Palomar Ave, San Luis Obispo, CA 93405
    (805) 316-7081
  11. 5 BEDS, 2 BATHS
    $6,200
    Total Monthly Price Total Monthly Price New
    Base Rent$6,200
    Required Monthly FeesNone
    Total Monthly Price$6,200

    399 Jaycee Dr

    399 Jaycee Dr, San Luis Obispo, CA 93405
    Apply
  12. 5 BEDS, 2.5 BATHS
    $7,500
    Total Monthly Price Total Monthly Price New
    Base Rent$7,500
    Required Monthly FeesNone
    Total Monthly Price$7,500

    679 Rancho Dr

    679 Rancho Dr, San Luis Obispo, CA 93405
    Apply
  14. Building Photo - Mustang I Townhome
    Exceptional Value
    STUDIO
    $2,070+
    2 BEDS
    $1,150+
    3 BEDS
    $1,350+
    4 BEDS
    $1,380+

    Mustang I Townhome

    1 Mustang Dr, San Luis Obispo, CA 93405
  15. Rent Special
    Rent Special
    4 BEDS
    $1,653
    Total Monthly Price Total Monthly Price New
    Base Rent$1,653 - $1,718
    Required Monthly FeesNone
    Total Monthly Price$1,653 - $1,718

    Chorro at SLO

    22 Chorro St, San Luis Obispo, CA 93405
  16. STUDIO
    $2,295

    Connect SLO

    3110 Duncan Rd, San Luis Obispo, CA 93401
  17. 2 BEDS
    $1,650

    Montalban

    1121 Montalban St, San Luis Obispo, CA 93405
  18. Exceptional Value
    3 BEDS
    $1,295+
    4 BEDS
    $1,000+

    Valencia Apartments

    555 Ramona Dr, San Luis Obispo, CA 93405
  30. 1 BED, 1 BATH
    $2,350
    Total Monthly Price Total Monthly Price New
    Base Rent$2,350
    Required Monthly FeesNone
    Total Monthly Price$2,350

    1322 Noveno Ave Unit A

    1322 Noveno Ave, San Luis Obispo, CA 93401
    Apply
  31. 1 BED, 1 BATH
    $1,600
    Total Monthly Price Total Monthly Price New
    Base Rent$1,600
    Required Monthly FeesNone
    Total Monthly Price$1,600

    1549 Mill St

    1549 Mill St, San Luis Obispo, CA 93401
    Apply
  32. 4 BEDS, 2 BATHS
    $5,960
    Total Monthly Price Total Monthly Price New
    Base Rent$5,960
    Required Monthly FeesNone
    Total Monthly Price$5,960

    316 E Foothill Blvd

    316 E Foothill Blvd, San Luis Obispo, CA 93405
    Apply
  33. 3 BEDS, 2 BATHS
    $3,500
    Total Monthly Price Total Monthly Price New
    Base Rent$3,500
    Required Monthly FeesNone
    Total Monthly Price$3,500

    376 Ramona Dr

    376 Ramona Dr, San Luis Obispo, CA 93405
    Apply
  34. 3 BEDS, 1 BATH
    $1,400
    Total Monthly Price Total Monthly Price New
    Base Rent$1,400
    Required Monthly FeesNone
    Total Monthly Price$1,400

    59 Chorro St Unit Main

    59 Chorro St, San Luis Obispo, CA 93405
    Apply
  35. 2 BEDS, 1.5 BATHS
    $3,700
    Total Monthly Price Total Monthly Price New
    Base Rent$3,700
    Required Monthly FeesNone
    Total Monthly Price$3,700

    680 Morro St Unit B

    680 Morro St, San Luis Obispo, CA 93401
    Apply
  36. 4 BEDS, 2 BATHS
    $4,800
    Total Monthly Price Total Monthly Price New
    Base Rent$4,800
    Required Monthly FeesNone
    Total Monthly Price$4,800

    2007 Broad St

    2007 Broad St, San Luis Obispo, CA 93401
    Apply
  37. 4 BEDS, 2 BATHS
    $5,900
    Total Monthly Price Total Monthly Price New
    Base Rent$5,900
    Required Monthly FeesNone
    Total Monthly Price$5,900

    1101 Atascadero St

    1101 Atascadero St, San Luis Obispo, CA 93405
    Apply
  38. 3 BEDS, 2.5 BATHS
    $4,000
    Total Monthly Price Total Monthly Price New
    Base Rent$4,000
    Required Monthly FeesNone
    Total Monthly Price$4,000

    822 Bay Leaf Dr

    822 Bay Leaf Dr, San Luis Obispo, CA 93401
    Apply
  39. Rent Special
    Rent Special
    1 BED, 1 BATH
    $1,500
    Total Monthly Price Total Monthly Price New
    Base Rent$1,500 - $2,100
    Required Monthly FeesNone
    Total Monthly Price$1,500 - $2,100

    3051 Augusta St

    3051 Augusta St, San Luis Obispo, CA 93401
    Apply
  41. 2 BEDS, 1 BATH
    $2,900
    Total Monthly Price Total Monthly Price New
    Base Rent$2,900
    Required Monthly FeesNone
    Total Monthly Price$2,900

    1238 Coral St Unit 1238 Coral St A

    1238 Coral St, San Luis Obispo, CA 93405
  42. 2 BEDS, 1.5 BATHS
    $2,900
    Total Monthly Price Total Monthly Price New
    Base Rent$2,900
    Required Monthly FeesNone
    Total Monthly Price$2,900

    1631 Fredericks St Unit Basement Apartment

    1631 Fredericks St, San Luis Obispo, CA 93405
Showing 42 of 128 results, Page 1 of 4

San Luis Obispo at a Glance

Average Rent

$1,953
(All bedrooms and property types)
Learn more about
Average Rent in San Luis Obispo
8

School Rating

out of 10 Rating
Learn more about
Schools in San Luis Obispo

San Luis Obispo, CA Apartments for Rent

San Luis Obispo is home to the historic Mission San Luis Obispo de Tolosa, founded in 1772, and lies halfway between San Francisco and Los Angeles along California's scenic Central Coast. Between the Santa Lucia Mountains and the Pacific Ocean, this college town features a Mediterranean climate, tree-lined streets, and Victorian-era architecture. Those looking for apartments for rent in San Luis Obispo will find a range of options throughout downtown and surrounding neighborhoods, with average rents around $1,908 for a one-bedroom and $2,513 for a two-bedroom apartment.

Renting in San Luis Obispo offers convenient access to downtown's Thursday night Farmers' Market, local shops, and diverse dining options along Higuera Street. The city's extensive bicycle network and SLO Transit bus service make getting around easy, while U.S. Route 101 provides direct freeway access for commuters. Residents enjoy proximity to hiking trails on Bishop Peak and Cerro San Luis, wine tasting in the nearby Edna Valley, and beaches just minutes away in Pismo Beach. The presence of California Polytechnic State University contributes to a lively atmosphere with cultural events, while the downtown area maintains its small-town character with a mix of historic buildings and apartment options.

Renting in San Luis Obispo

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in San Luis Obispo

(For 1 bedroom apartments)

Average Rent in Nearby Cities

(For 1 bedroom apartments)

Education

GreatSchools Rating
San Luis Obispo High

Public High School

Public
Grades 9-12
1,678 Students
GreatSchools Rating
San Luis Obispo High School

Public High School

Public
Grades 9-12
1,678 Students
GreatSchools Rating
Pacific Beach High School

Public High School

Public
Grades 9-12
62 Students
GreatSchools Rating
Laguna Middle School

Public Middle School

Public
Grades 6-8
780 Students
GreatSchools Rating
Laguna Middle

Public Middle School

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

Public Elementary School

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

Public Elementary School

Public
Grades K-5
358 Students
GreatSchools Rating
Teach Elementary

Public Elementary School

Public
Grades K-5
193 Students
GreatSchools Rating
Sinsheimer Elementary School

Public Elementary School

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

Public Elementary School

Public
Grades K-5
358 Students

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

Apartments for Rent Near San Luis Obispo

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San Luis Obispo Apartments for Rent in Your Budget

Frequently asked questions about renting in San Luis Obispo, CA

What are the average rent costs in San Luis Obispo, CA?

The average rent in San Luis Obispo, CA is $1,953.

What are the average rent costs of a studio apartment in San Luis Obispo, CA?

The average rent for a studio apartment in San Luis Obispo, CA is $2,150.

What are the average rent costs of a one bedroom apartment in San Luis Obispo, CA?

The average rent for a 1 bedroom apartment in San Luis Obispo, CA is $1,953.

What are the average rent costs of a two bedroom apartment in San Luis Obispo, CA?

The average rent for a 2 bedroom apartment in San Luis Obispo, CA is $2,591.

What are the average rent costs of a three bedroom apartment in San Luis Obispo, CA?

The average rent for a 3 bedroom apartment in San Luis Obispo, CA is $3,384.

What are the average rent costs of a four bedroom apartment in San Luis Obispo, CA?

The average rent for a 4 bedroom apartment in San Luis Obispo, CA is $4,822.

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