Arroyo Grande, CA Condos for Rent

/10
$2,375

Total Monthly Price
- 2 Beds
- 1 Bath
- 900 Sq Ft
- Condo for Rent
194 S Elm St Unit A, Arroyo Grande, CA 93420

QUIET UPSTAIRS 2 BEDROOM 1 BATH APARTMENT IN WELL-KEPT 4-PLEXBALCONY, GARAGE FOR ONE CAR, PLUS ONE ON-SITE PARKING SPACE/ GARAGE NOT TO BE USED AS STORAGE, ROOM FOR CAR IS REQUIREDON-SITE COIN-OP LAUNDRYSORRY, NO ANIMALS, NO PETSNON-SMOKING, NON-VAPING PROPERTYWATER, GARBAGE INCLUDEDDEPOSIT REQUIRED6 MOS LEASEBALCONYRENTER'S INSURANCE REQUIREDMUST HAVE

194 S Elm St Unit A, Arroyo Grande, CA 93420
Explore Arroyo Grande
/29
$3,400 Per Month
- 3 Beds
- 2.5 Baths
- 1,759 Sq Ft
- AVAILABLE JUNE - Spacious Home in Arroyo Grande - 3 Bedroom / 2.5 Bathroom
1149 Stonecrest Dr, Arroyo Grande, CA 93420

The showing link for the property is: View Showing AvailabilityThis property offers 3 bedrooms, 2.5 bathrooms, a bonus room, 2 car garage, and backyard. The kitchen features granite countertops and stainless steel appliances. The ample counter and cabinet space makes it perfect for the home cook. Property is close to 101 entrance and shopping. Appliances include a gas range,

1149 Stonecrest Dr, Arroyo Grande, CA 93420

California San Luis Obispo County Arroyo Grande

Frequently Asked Questions

How much does it cost to rent a condo in Arroyo Grande, CA?

The median rent for a condo in Arroyo Grande, CA is $2,950 per month, though prices vary by neighborhood, size, and property type. As of May 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.

How much do you need to make to afford rent in Arroyo Grande, CA?

To comfortably afford the median rent in Arroyo Grande, CA, a household needs to earn roughly $136,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $3,400 per month in Arroyo Grande, CA, renters typically need to show $10,200 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.

Is it more affordable to rent or buy in Arroyo Grande, CA?

In Arroyo Grande, CA, the price-to-rent ratio is 23.9, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

What neighborhoods in Arroyo Grande, CA are best for renting a condo?

The best neighborhood for renting in Arroyo Grande, CA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Downtown San Luis Obispo, Santa Rosa, Alta Vista and Highland, each with its own character and price range.

Rental Home Trends in Arroyo Grande, CA

There are currently 2 condos available for rent in Arroyo Grande, CA. The median rent is $2,950 per month, with 2-bedroom condos at $2,900 and 3-bedroom condos at $3,400.

Rental Home Trends

Number of Condos for Rent

Median Condo Rent

$2,950

Median 2 Bedroom Condo Rent

$2,900

Median 3 Bedroom Condo Rent

$3,400

How to Rent a Home

Rentals in Arroyo Grande

More About Living in Arroyo Grande

Condos for Rent in Nearby Neighborhoods

Condos for Rent in Nearby Cities

Condos for Rent in Nearby Counties

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Homes.com Licensing Information

§ 442-H New York Standard Operating Procedures

New York Fair Housing Notice

TREC: Information about brokerage services, Consumer protection notice

California DRE #01937601

Contact Homes.com Brokerage