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Apartments for Rent in San Luis Obispo, CA

247 Rentals
.
  12. 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

    1271 Murray Ave Unit #B

    1271 Murray Ave, San Luis Obispo, CA 93405
    (805) 439-8637
  14. Building Photo - Mustang I Townhome
    Exceptional Value
    STUDIO
    $2,070+
    2 BEDS
    $1,150+
    3 BEDS
    $1,350+
    4 BEDS
    $1,490+

    Mustang I Townhome

    1 Mustang Dr, San Luis Obispo, CA 93405
  15. 1 BED
    $2,695

    Connect SLO

    3110 Duncan Rd, San Luis Obispo, CA 93401
  17. Exceptional Value
    3 BEDS
    $1,295+
    4 BEDS
    $1,000+

    Valencia Apartments

    555 Ramona Dr, San Luis Obispo, CA 93405
  26. Building Photo - 392 Santa Maria Ave
    1 BED, 1 BATH
    $2,375
    Total Monthly Price Total Monthly Price New
    Base Rent$2,375
    Required Monthly FeesNone
    Total Monthly Price$2,375

    392 Santa Maria Ave Unit A

    392 Santa Maria Ave, San Luis Obispo, CA 93405
    Apply
  28. 4 BEDS, 2 BATHS
    $5,000
    Total Monthly Price Total Monthly Price New
    Base Rent$5,000
    Required Monthly FeesNone
    Total Monthly Price$5,000

    525 Kentucky St

    525 Kentucky St, San Luis Obispo, CA 93405
    Apply
  29. 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 B

    680 Morro St, San Luis Obispo, CA 93401
    Apply
  30. 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
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  32. 5 BEDS, 2.5 BATHS
    $5,500
    Total Monthly Price Total Monthly Price New
    Base Rent$5,500
    Required Monthly FeesNone
    Total Monthly Price$5,500

    550 Highland Dr

    550 Highland Dr, San Luis Obispo, CA 93405
    Apply
  33. 1 BED, 1 BATH
    $1,500+
    2 BEDS, 1 BATH
    $2,200+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,500 - $2,200
    Required Monthly FeesNone
    Total Monthly Price$1,500 - $2,200

    3051 Augusta St

    3051 Augusta St, San Luis Obispo, CA 93401
    Apply
  34. 3 BEDS, 2 BATHS
    $5,000
    Total Monthly Price Total Monthly Price New
    Base Rent$5,000
    Required Monthly FeesNone
    Total Monthly Price$5,000

    1327 Tanglewood Dr

    1327 Tanglewood Dr, San Luis Obispo, CA 93401
    Apply
  35. 1 BED, 1 BATH
    $2,500
    Total Monthly Price Total Monthly Price New
    Base Rent$2,500
    Required Monthly FeesNone
    Total Monthly Price$2,500

    1534 Monterey St

    1534 Monterey St, San Luis Obispo, CA 93401
    Apply
  36. 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
  37. 3 BEDS, 3 BATHS
    $3,600
    Total Monthly Price Total Monthly Price New
    Base Rent$3,600
    Required Monthly FeesNone
    Total Monthly Price$3,600

    3051 Augusta St

    3051 Augusta St, San Luis Obispo, CA 93401
  38. 2 BEDS, 2.5 BATHS
    $3,500
    Total Monthly Price Total Monthly Price New
    Base Rent$3,500
    Required Monthly FeesNone
    Total Monthly Price$3,500

    1207 Manzanita Way

    1207 Manzanita Way, San Luis Obispo, CA 93401
  39. 3 BEDS, 2 BATHS
    $4,200
    Total Monthly Price Total Monthly Price New
    Base Rent$4,200
    Required Monthly FeesNone
    Total Monthly Price$4,200

    686 Foothill Blvd

    686 Foothill Blvd, San Luis Obispo, CA 93405
  40. Building Photo - 1559 Royal Way
    4 BEDS, 3 BATHS
    $4,500

    1559 Royal Way

    1559 Royal Way, San Luis Obispo, CA 93405
Showing 42 of 151 results, Page 1 of 4

San Luis Obispo at a Glance

Average Rent

$1,927
(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
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 School

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
Smith (C. L.) Elementary School

Public Elementary School

Public
Grades K-5
528 Students

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

Apartments for Rent Near San Luis Obispo

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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 $1,927.

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 $2,304.

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 $1,927.

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 $2,575.

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 $3,365.

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 $4,728.

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