Apartments in San Luis Obispo

1 - 30 of 170 Results
16
$2,150
1018 & 1022 Church Street San Luis Obispo, CA
2 BR | May. 4, 2024
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17
$1,950
3053 S Higuera St San Luis Obispo, CA
1 BR | Apr. 27, 2024
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Storage
Disability Access
Dishwasher
15
$2,950
522 Dana St San Luis Obispo, CA
2 BR | Jun. 1, 2024
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Dog Friendly
Cat Friendly
Storage
4
$3,500
San Luis Obispo, CA
3 BR | Jul. 9, 2024
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House
Disability Access
Dishwasher
15
$3,400
San Luis Obispo, CA
2 BR | Aug. 1, 2024
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House
Storage
Disability Access
Dishwasher
Pool
4
$2,500
San Luis Obipso, CA
2 BR | Aug. 15, 2024
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Surface Parking
Storage
16
$3,200
San Luis Obispo, CA
2 BR | Available Now
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Storage
Dishwasher
12
$3,000
San Luis Obispo, CA
2 BR | Aug. 1, 2024
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Dishwasher
9
$2,495
San Luis Obispo, CA
1 BR | Oct. 10, 2024
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Surface Parking
Storage
Disability Access
Dishwasher
19
$2,695
San Luis Obispo, CA
2 BR | Jul. 10, 2024
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Surface Parking
Storage
11
$2,300
3680 Broad St San Luis Obispo, CA
1 BR | May. 1, 2024
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Cat Friendly
Air Conditioning
Storage
Disability Access
16
$2,495
San Luis Obispo, CA
2 BR | Aug. 1, 2024
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Surface Parking
Storage
Disability Access
Dishwasher
18
$4,000
San Luis Obispo, CA
3 BR | Available Now
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House
Storage
29
$4,200
San Luis Obispo, CA
3 BR | Available Now
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Storage
Dishwasher
4
$3,600
San Luis Obispo, CA
3 BR | Jul. 15, 2024
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House
Storage
Disability Access
12
$2,700
San Luis Obispo, CA
2 BR | Available Now
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Disability Access
15
$3,900
San Luis Obispo, CA
3 BR | Available Now
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House
Dishwasher
18
$4,000
San Luis Obispo, CA
3 BR | Sep. 9, 2024
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House
Storage
Dishwasher
11
$2,595
San Luis Obispo, CA
2 BR | Apr. 29, 2024
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15
$2,800
San Luis Obispo, CA
2 BR | Available Now
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Cat Friendly
House
13
$1,295
San Luis Obispo, CA
Studio | Available Now
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Storage
4
$2,250 - 3,175
San Luis Obispo, CA
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Fitness Center
Storage
Disability Access
13
$3,200
San Luis Obispo, CA
2 BR | Available Now
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House
Storage
Dishwasher
22
$3,200
San Luis Obispo, CA
4 BR | May. 1, 2024
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House
Storage
Dishwasher
16
$2,350
San Luis Obispo, CA
2 BR | Available Now
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House
Storage
Disability Access
Dishwasher
4
$3,100
San Luis Obispo, CA
2 BR | Available Now
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5
$2,600
San Luis Obispo, CA
2 BR | Available Now
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House
Dishwasher
13
$3,250
San Luis Obispo, CA
2 BR | Jul. 10, 2024
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House
Dishwasher
17
$2,310
San Luis Obispo, CA
2 BR | Available Now
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Senior Community
House
Disability Access
11
$4,300
San Luis Obispo, CA
3 BR | Jul. 15, 2024
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Dog Friendly
Cat Friendly
House
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1 - 30 of 170 Results
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How much does it cost to rent an apartment in San Luis Obispo?

San Luis Obispo Apartments
Bed Type Average Rent Range
Studio $1,750 $910 - $3,200
1BR $2,070 $1,690 - $2,750
2BR $2,800 $2,260 - $3,790
3BR $3,900 $3,140 - $4,790
4+BR $5,500 $3,200 - $9,000

Find a San Luis Obispo Apartment

San Luis Obispo is one of the older cities in the entire state of California. Missionaries first settled the city of roughly 45,000 people in the 18th century. By the mid 1800s, it had blossomed into a modern town. The city is situated in a very rugged landscape, marked notably by the Nine Sisters hills. San Luis Obispo is on a very geographically active location, as the Nine Sister are actually volcanic plugs. There are also several nearby fault lines, including the infamous San Andreas.

The largest employer in San Luis Obispo is the California Polytechnic State University. The school employs roughly 2,700 people in the region. The university registers more than 20,000 students annually.

When to Search

When you're on the lookout for an apartment in San Luis Obispo, March is the best time to start looking. From March, the hunting should be good all the way through until August. Then, the availability of markets will start to tighten up throughout the winter, so it is best to get your apartment found earlier, rather than later.

Staying in the Know

Finding an apartment in San Luis Obispo doesn't have to be difficult. Start by reaching out to multiple landlords simultaneously, because it doesn't pay to put all your eggs in one basket. Then, make appointments to view apartments and meet the landlords and be sure to show up on time and conduct yourself professionally during the viewings. Finally, complete your applications accurately and truthfully, and you'll have an apartment before you know it.

Life in San Luis Obispo

Transportation

This is one of the rare cities in California where having a car isn't really necessary. The public transportation system operated by city provides fairly adequate coverage, and runs until 10 PM on weekdays. For those who prefer to travel by bike, the city takes good care of the comprehensive system of bike lanes.

Where to play

Visiting the Mission San Luis Obispo de Tolosa is a good way to get a taste of the missionary life that was so important during the years in which California was originally settled. Exploring the Nine Sisters is thrilling for those who enjoy outdoor activities, and many of the peaks have public trails. Heading out to the Edna Valley is a must for those who enjoy wine tours and tastings.

Search Cities Near San Luis Obispo, CA

Campuses Nearby

San Luis Obispo:
April Rent Report

Welcome to the April 2024 San Luis Obispo Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the April 2024 key findings and figures for the San Luis Obispo rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in San Luis Obispo and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of San Luis Obispo average rent prices in the chart below.

Monthly Rent Report

$2,850
$2,140
$1,430
$710
$0
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
1 BR       2 BR

San Luis Obispo Rent Prices Decrease From March to April

San Luis Obispo rent prices decreased over the last month. From March to April, the city experienced a -1.14% decrease for the price of a one-bedroom apartment. The rent price for a San Luis Obispo one-bedroom apartments currently stands at $2,085.0.

When we take a look at the two-bedroom comparison from March to April, San Luis Obispo experienced a -0.32% decrease for the price of a two-bedroom apartment. The rent price for a San Luis Obispo two-bedroom apartments currently stands at $2,779.0.

April Prices: San Luis Obispo vs. Surrounding Areas

Paso Robles, CA
San Luis Obispo, CA
Atascadero, CA
$2,141
$2,109
$1,823
$0
$700
$1,400
$2,100
$2,800
Median 1 BR Rent

Rent Prices in San Luis Obispo and Surrounding Areas

Rent prices have decreased in San Luis Obispo over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 2 of the San Luis Obispo suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Atascadero, CA, Paso Robles, CA .

  • Rents did not decrease in any of the San Luis Obispo suburbs.

  • 1 suburb is currently priced higher than the city of San Luis Obispo.

  • 1 suburb is currently priced lower than the city of San Luis Obispo.

April 2024 Pricing Trends: San Luis Obispo vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
San Luis Obispo, CA
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,994
$3,038
$2,355
$2,347
$2,109
$1,893
$1,300
$1,264
$1,145
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

San Luis Obispo Rent Prices More Affordable Than Major Cities

Rent growth in San Luis Obispo over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, San Luis Obispo average rent prices appear to be relatively affordable for local residents.

The price for a San Luis Obispo one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about San Luis Obispo and surrounding area rent prices, take a look at the complete data set below.

Data set for San Luis Obispo and suburbs

1 BR April 1 BR M/M % Change 2 BR April 2 BR M/M % Change
San Luis Obispo, CA $2,109.0 3.28% $2,788.0 0.91%
Atascadero, CA $1,823.0 0.39% $2,371.0 1.41%
Paso Robles, CA $2,141.0 0.52% $2,303.0 2.31%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.