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Three Bedroom Apartments for Rent in San Luis Obispo, CA

48 Rentals
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  3. Building Photo - 3051 Augusta St
    3 BEDS, 2.5 BATHS
    $3,900
    Total Monthly Price Total Monthly Price New
    Base Rent$3,900
    Required Monthly FeesNone
    Total Monthly Price$3,900

    3051 Augusta St Unit #15

    3051 Augusta St, San Luis Obispo, CA 93401
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  6. Building Photo - 1526 Beach St
    3 BEDS, 2 BATHS
    $4,800

    1526 Beach St

    1526 Beach St, San Luis Obispo, CA 93401

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San Luis Obispo at a Glance

Average Rent

$1,942
(All bedrooms and property types)
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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 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

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
Teach Elementary

Public Elementary School

Public
Grades K-5
Students
GreatSchools Rating
Bellevue-Santa Fe Charter School

Public Elementary School

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

Public Elementary School

Public
Grades K-5
Students
GreatSchools Rating
Sinsheimer Elementary

Public Elementary School

Public
Grades K-5
Students
GreatSchools Rating
Smith (C. L.) Elementary School

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

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