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San Luis Obispo, CA Apartments For Rent

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San Luis Obispo Apartments Options

Average Rent in San Luis Obispo, CA

Avg. RentAnnual Change
San Luis Obispo Studio - $1,575-26%
San Luis Obispo 1 Bed - $2,200+5%
San Luis Obispo 2 Beds - $2,850-16%

Local Guide

See what San Luis Obispo, CA has to offer.

Local Reviews

I like the restaurants and some of the small town pubs nearby. There are a lot of old historical looking buildings. And some cute little independent businesses

Our community is lively, but the environment is good. I usually have dinner with my family in the nearby hotel when I am free

We live right at the entrance to a beautiful state park. I can see the ocean from my house. I wish there was a cordoned off swim area for children and seniors. We need a dog park and a Dollar store.

I really like that the neighborhood is a bit safe and somewhat quiet. I also like that coffee shops are nearby.

The people are friendly. There is lots of get togethers with neighbors. I like the dogs and pets in the neighborhood. There is s nice park nearby.

Demographics

Education

High School

20%

Associate's

32%

Bachelor's

30%

Master's

14%

Doctorate

3%

Family Size

2 people

48%

3 people

24%

4 people

18%

5 people

7%

6+ people

3%

Household Income

0-50k

45%

50-100k

26%

100-150k

14%

150-200k

6%

200k+

9%

Age

0-10

7%

10-20

13%

20-45

49%

45-65

17%

65+

13%

Affordability

Percentage: 2/52/5

Renters gave this area a 2 out of 5 for affordability

*The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.

Rent Trends

Average rent in San Luis Obispo, CA

In San Luis Obispo, CA, as of 2024, the average rent for apartments ranges from $1,575 to $2,850. Specifically, the average rent for a studio apartment in San Luis Obispo, CA is $1,575. For those seeking a 1-bedroom apartments, the average rent is $2,200. And for a 2-bedroom apartment, renters can expect to pay an average of $2,850.

Annual Rent Change Over the Past 12 Months

Studio

-26%

Changed from $2,128 to $1,575
1 Bed

+5%

Changed from $2,095 to $2,200
2 Beds

-16%

Changed from $3,393 to $2,850

Rent Ranges

Apartment PricesProportion
0%
0%
2%
17%
80%

Compare Other Cities

City1 Bed Avg RentAnnual Change
Paso Robles$2,634-2%
Pismo Beach$2,550+16%
Atascadero$2,300+7%
Orcutt$2,300--
Cambria$2,300--
Santa Maria$2,275--
Oceano$2,100--
Morro Bay$1,950--
Los Osos$1,900--
Arroyo Grande$1,850--
City2 Beds Avg RentAnnual Change
Cambria$3,500--
Morro Bay$3,400--
Cayucos$3,200--
Avila Beach$3,100--
Grover Beach$2,850-2%
Paso Robles$2,767+6%
Santa Maria$2,725--
Orcutt$2,660--
Arroyo Grande$2,275--
Atascadero$2,100--

Compare Neighborhoods

Old Town Historic District

$1,950

1 Bed Avg. Rent

Highland

$2,200

1 Bed Avg. Rent

Mill Street Historic District

$2,400

1 Bed Avg. Rent

What are the most affordable neighborhoods in San Luis Obispo, CA?

For renters in San Luis Obispo seeking more affordable options, the neighborhoods to watch are Old Town Historic District, Highland, and Mill Street Historic District, where average rents for 1-bedroom apartments stand at $1,950, $2,200, and $2,400 respectively. Additional areas offering value are Downtown SLO and Downtown San Luis Obispo Core, where the rents are $2,750 and $2,750, a favorable comparison to San Luis Obispo's overall 1-bedroom average of $2,200.

What are the most expensive neighborhoods in San Luis Obispo, CA?

In San Luis Obispo, the neighborhoods commanding the highest rents are Johnson, Broad Street, and Downtown SLO. A 1-bedroom apartment in Johnson averages at $3,199, in Broad Street it averages $3,000, and in Downtown SLO, the average is $2,750. For additional high-end living options, Downtown San Luis Obispo Core offers 1-bedroom apartments at $2,750, and Mill Street Historic District at $2,400. These rates compare to the overall average rent of $2,200 for a 1-bedroom apartment in San Luis Obispo, highlighting the premium nature of these specific neighborhoods.

What are the most popular neighborhoods in San Luis Obispo, CA?

In San Luis Obispo, the most sought-after neighborhoods for renters include Downtown SLO, Downtown San Luis Obispo Core, and Old Town Historic District. In Downtown SLO, the average rent for a 1-bedroom apartment is $2,750. Downtown San Luis Obispo Core sees average rents of $2,750 for a 1-bedroom unit. Old Town Historic District offers similar appeal with 1-bedroom apartments averaging $1,950. For those seeking other popular areas, Mill Street Historic District presents 1-bedroom apartments at $2,400, and Johnson at $3,199. These prices are set against the backdrop of the city-wide average of $2,200 for a 1-bedroom apartment in San Luis Obispo, underscoring the popularity of these particular neighborhoods.

NeighborhoodStudio Avg RentAnnual Change
Downtown San Luis Obispo Core$2,300+5%
Broad Street$2,259+6%
Downtown SLO$2,000--
Mill Street Historic District$2,000--
Neighborhood1 Bed Avg RentAnnual Change
Johnson$3,199--
Broad Street$3,000+2%
Downtown SLO$2,750+53%
Downtown San Luis Obispo Core$2,750--
Mill Street Historic District$2,400--
Highland$2,200+47%
Old Town Historic District$1,950--
Neighborhood2 Beds Avg RentAnnual Change
Mill Street Historic District$3,800--
Broad Street$3,495+3%
Downtown SLO$2,850--
San Luis Obispo Civic Center$2,850--
Old Town Historic District$2,850--
Downtown San Luis Obispo Core$2,500+1%
Highland$2,150--
Johnson$2,075--

Transportation

Commute Time

0-15 Mins

56%

15-30 Mins

31%

30-40 Mins

7%

40-60 Mins

4%

60+ Mins

2%

Transportation Scores

Percentage: 6666

Walk Score®

Walkable

Yes

Say 3 of 3 renters

Has Sidewalks

No

Say 2 of 3 renters

Percentage: 7272

Bike Score®

Bike Friendly

Yes

Say 2 of 3 renters

Percentage: 2828

Transit Score®

They Are Located Near Public Transportation

No

Say 2 of 3 renters

Need A Car

No

Say 2 of 3 renters

Area Amenities

Top Score

Grocery Stores

2/5 stars based on undefined reviews

The food shops around here are few and far between.

  1. Few grocery stores per resident
  2. 15% more grocery stores than average
  3. 46% fewer grocery stores than areas of a similar size

Restaurants

2/5 stars based on undefined reviews

San Luis Obispo serves up a dining scene that's only lukewarm.

  1. A high number of restaurants per resident
  2. Significantly more restaurants than average
  3. 13% more restaurants than areas of a similar size

Coffee

2/5 stars based on undefined reviews

The coffee scene is lukewarm in San Luis Obispo.

  1. A high number of coffee shops per resident
  2. Significantly more coffee shops than average
  3. 57% more coffee shops than areas of a similar size

Nightlife

2/5 stars based on undefined reviews

You'll need to stock up the mini-bar. San Luis Obispo is running dry.

  1. A high number of bars and clubs per resident
  2. Significantly more bars and clubs than average
  3. 84% more bars and clubs than areas of a similar size

Parks

2/5 stars based on undefined reviews

Not too many park perks in San Luis Obispo.

  1. A high number of parks per resident
  2. Significantly more parks than average
  3. 59% more parks than areas of a similar size

Retail Shops

2/5 stars based on undefined reviews

The retail inventory is low in San Luis Obispo.

  1. A high number of shops per resident
  2. 92% more shops than average
  3. 25% fewer shops than areas of a similar size

Health and Fitness

2/5 stars based on undefined reviews

You'll have to workout somewhere else to keep fit.

  1. Few gyms per resident
  2. Significantly more gyms than average
  3. 25% fewer gyms than areas of a similar size

Pet Services

2/5 stars based on undefined reviews

San Luis Obispo could do with more oppawtunities for pets.

  1. Few pet facilities per resident
  2. Significantly more pet facilities than average
  3. 29% fewer pet facilities than areas of a similar size

Fine Arts

2/5 stars based on undefined reviews

You gotta Van Gogh somewhere else for art.

  1. A high number of fine art centers per resident
  2. Significantly more fine art centers than average
  3. 60% more fine art centers than areas of a similar size

Medical Care

2/5 stars based on undefined reviews

We have a bone to pick with this San Luis Obispo's access to medical care.

  1. A high number of medical facilities per resident
  2. Significantly more medical facilities than average
  3. 15% fewer medical facilities than areas of a similar size

Gas Stations

2/5 stars based on undefined reviews

Honk if you see a gas station.

  1. A high number of gas stations per resident
  2. Significantly more gas stations than average
  3. 21% fewer gas stations than areas of a similar size

Area Features

Busy Streets

No

Say 3 of 3 renters

Noise Late At Night

No

Say 3 of 3 renters

Area Has Litter

No

Say 3 of 3 renters

Nearby Parks

Yes

Say 3 of 3 renters

Area Has Potholes

No

Say 3 of 3 renters

Good Place To Raise A Family

Yes

Say 3 of 3 renters

Safe For Families

Yes

Say 3 of 3 renters

Mostly Older Buildings

No

Say 2 of 3 renters

Near Grocery Stores

Yes

Say 2 of 3 renters

Near Schools

Yes

Say 2 of 3 renters

Nice Views

Yes

Say 2 of 3 renters

Pet Friendly

Yes

Say 2 of 3 renters

Maintained Yards

Yes

Say 2 of 3 renters

Area Has Kids Play Outside

No

Say 2 of 3 renters

Near Highways

No

Say 2 of 3 renters

Tree Lined Streets

No

Say 2 of 3 renters

Mostly Newer Buildings

No

Say 3 of 3 renters

Near Downtown

No

Say 3 of 3 renters

Quiet Area

No

Say 3 of 3 renters

Well Lit

No

Say 3 of 3 renters

Schools

Percentage: 2/52/5

School Score

How satisfied do renters feel with the schools in this area.

Top Schools in San Luis Obispo

Information provided by GreatSchools. To verify school enrollment eligibility, contact the school district directly.

About

San Luis Obispo, CA

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