Apartments under $1,400 for Rent in San Luis Obispo, CA
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Exceptional Value
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STUDIO, 1 BATH$1,300
969 Pismo St Unit 4
969 Pismo St, San Luis Obispo, CA 93401 -
STUDIO, 1 BATH$1,300
1406 Morro St Unit 5
1406 Morro St, San Luis Obispo, CA 93401 -
1 BED, 1 BATH$900
Buchon 871 - 871 Buchon St. San Luis Obisp... Unit 871 Buchon - Front House #2
871 Buchon St, San Luis Obispo, CA 93401
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Clear All FiltersSan Luis Obispo at a Glance
San Luis Obispo, CA Apartments for Rent
San Luis Obispo welcomes renters to a historic California community nestled between the Santa Lucia Mountains and the Pacific Ocean, just 11 miles from the coast. Founded in 1772 around Mission San Luis Obispo de Tolosa, the city enjoys a Mediterranean climate with mild temperatures year-round. The landscape features the dramatic Nine Sisters peaks, offering extensive hiking trails throughout the area.
Apartments in San Luis Obispo put residents within easy reach of downtown, where Higuera Street hosts the weekly Thursday night Farmers' Market. The city features distinct neighborhoods including the historic Old Town district and established communities near Madonna Road. With average rent for a one-bedroom apartment at $1,893, residents can explore local attractions from the Mission Plaza to the surrounding Edna Valley wine region, plus nearby coastal communities like Avila Beach, Pismo Beach, and Morro Bay.
Renting in San Luis Obispo
Average Rental Rates and Apartment Sizes
- Apartment Type Average Sq Ft Average Rent
- Studio 493 Sq Ft $2,224 / mo
- 1 Bedroom 600 Sq Ft $1,938 / mo
- 2 Bedrooms 888 Sq Ft $2,479 / mo
- 3 Bedrooms 1,150 Sq Ft $3,372 / mo
- 4 Bedrooms 1,035 Sq Ft $4,222 / mo
Top Budget-Friendly Neighborhoods in San Luis Obispo
(For 1 bedroom apartments)- Neighborhoods Average Sq Ft Average Rent
- Caudill 502 Sq Ft $2,637/mo
- Downtown San Luis Obispo Core 740 Sq Ft $3,271/mo
- Old Town Historic District 739 Sq Ft $3,272/mo
- San Luis Obispo Civic Center 766 Sq Ft $3,395/mo
Getting Around San Luis Obispo
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Apartments for Rent Near San Luis Obispo
San Luis Obispo Apartments for Rent in Your Budget
- Apartments with Move-In Specials in San Luis Obispo, CA
- San Luis Obispo Apartments Under $700
- San Luis Obispo Apartments Under $800
- San Luis Obispo Apartments Under $900
- San Luis Obispo Apartments Under $1,000
- San Luis Obispo Apartments Under $1,100
- San Luis Obispo Apartments Under $1,200
- San Luis Obispo Apartments Under $1,300
- San Luis Obispo Apartments Under $1,400
- San Luis Obispo Apartments Under $1,500
- San Luis Obispo Apartments Under $1,600
- San Luis Obispo Apartments Under $1,700
- San Luis Obispo Apartments Under $1,800
- San Luis Obispo Apartments Under $1,900
- San Luis Obispo Apartments Under $2,000
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Note: Based on community-supplied data and independent market research. Subject to change without notice.