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San Luis Obispo, CA Homes for Rent

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  • /68

    Starting at $579 Per Month

    • 1 Bed

    1050 E Foothill Blvd, San Luis Obispo, CA 93405

    Student Living Made Easy at The SLO Apartments! Whether you're currently enrolled or planning to attend Cal Poly SLO or Cuesta College, finding the perfect student housing is simple at The SLO! Just a short walk from Cal Poly’s campus and a quick drive to Cuesta, our community offers unbeatable convenience, comfort, and style. We offer modern amenities, fully furnished rooms, and a variety of

    The SLO Student Living Apartments

    (805) 321-1866

    1050 E Foothill Blvd, San Luis Obispo, CA 93405
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    Starting at $1,975 Per Month

    • Studio - 1 Bed

    475-497 Marsh St, San Luis Obispo, CA 93401

    Welcome to Avila Apartments in Downtown San Luis ObispoDiscover the charm of Avila Apartments, ideally located in the heart of downtown San Luis Obispo. Offering quaint studio and one-bedroom homes at an exceptional value, our community puts you within steps of local shops, restaurants, parks, and all the amenities you need to live comfortably and stay connected.Schedule a tour today and see why

    Avila Apartments in Downtown SLO

    (805) 457-8818

    475-497 Marsh St, San Luis Obispo, CA 93401
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    Starting at $989 Per Month

    • Studio - 1 Bed

    564 Higuera St, San Luis Obispo, CA 93401

    Welcome to Artisan Apartments — where luxury living meets downtown charm. Enjoy modern amenities like stainless steel appliances, HVAC, and in-unit laundry, all in the heart of San Luis Obispo. Take in stunning downtown and mountain views from your private balcony, and step out your back door into the Creamery Marketplace for coffee, cocktails, and more. With on-site parking, a community backyard

    Artisan Apartments

    (805) 329-3768

    564 Higuera St, San Luis Obispo, CA 93401
  • /44

    Starting at $2,395 Per Month

    • Studio - 2 Beds

    3554 Ranch House Rd, San Luis Obispo, CA 93401

    Tastefully modern and true to San Luis Obispo, Vintage at SLO is designed with you in mind. Situated in close proximity to local entertainment and recreation in the heart of San Luis Obispo, Vintage at SLO is the perfect apartment home for those seeking luxury living without sacrificing convenience. Located just 2 miles southeast of downtown San Luis Obispo, Vintage at SLO offers all the fun of

    Vintage at SLO

    (805) 779-3914

    3554 Ranch House Rd, San Luis Obispo, CA 93401
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    $8,900

    Total Monthly Price

    • 5 Beds
    • 2.5 Baths
    • 2,102 Sq Ft
    • House for Rent

    679 Rancho Dr, San Luis Obispo, CA 93405

    For groups of 6-8. 4-bedroom plus BONUS room with HOT TOB, 2.5 bathroom with two car garage; 2100 Sq Ft. close to Poly campus and short drive to Cuesta. Updated central heat and air conditioning, new floors, new kitchen appliances, new washer/dryer, new roof, new plumbing including faucets/toilets, tankless water heater, new window coverings. new electrical, new paint. The house comes with a two

    679 Rancho Dr, San Luis Obispo, CA 93405
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    Starting at $1,650 Per Month

    • 2 Beds

    1121 Montalban St, San Luis Obispo, CA 93405

    Welcome to Montalban Student Housing!San Luis Obispo’s newest student living community. We’re excited to begin leasing our single and double-occupancy apartments and look forward to welcoming our next group of residents.Montalban offers an ideal location—just a 15-minute walk (0.8 miles) to Cal Poly and a quick 10-minute drive to Cuesta College. Residents also enjoy convenient access

    Montalban

    (805) 439-9820

    1121 Montalban St, San Luis Obispo, CA 93405
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    Starting at $1,655

    Total Monthly Price

    • 4 - 5 Beds

    71 Palomar Ave, San Luis Obispo, CA 93405

    Welcome to Palomar at SLO, a beautiful way to enjoy stylish Cal Poly off-campus housing! This exciting new apartment community features all the comforts and luxury you need to make the most of your educational experience. Each of our lovingly designed studio, 4, or 5-bedroom modern garden-style apartments come fully-furnished and fully loaded with unbelievable amenities and perks, from in-unit

    Palomar at SLO

    (805) 549-4096

    71 Palomar Ave, San Luis Obispo, CA 93405
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    Starting at $2,775 Per Month

    • 1 - 2 Beds

    1704 Tonini Dr, San Luis Obispo, CA 93405

    Welcome to de Tolosa Ranch Apartment Community!HOME FEATURES:Fully-Equipped KitchensCeiling Fans2" Mini-BlindsSpacious ClosetsLarge Patios or BalconiesMicrowaves, DishwashersRefrigerators (some with Ice Makers) Washer/Dryer Connections (one and two bedroom homes)Linen ClosetsCable ReadyMultiple

    de Tolosa Ranch Apartments

    (805) 476-4051

    1704 Tonini Dr, San Luis Obispo, CA 93405
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    Starting at $1,250 Per Month

    • Studio

    849 Higuera St Unit 340, San Luis Obispo, CA 93401

    Live in the heart of downtown San Luis Obispo at 849 Higuera Street! These charming studio apartments are located in a quiet, historic building just steps from restaurants, shopping, and the SLO Farmers Market. Enjoy the convenience of on-site laundry and flexible month-to-month leasing. Ideal for anyone looking for walkable, low-maintenance living in one of SLO’s most desirable locations.

    Wineman

    (805) 439-6646

    849 Higuera St Unit 340, San Luis Obispo, CA 93401
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    Starting at $2,725 Per Month

    • 1 Bed

    791 Orcutt Rd, San Luis Obispo, CA 93401

    Welcome to Twin Creeks Apartments! IN HOME:Brand New Community Spring & Summer 2021 CompletionSpacious layouts (select homes with vaulted ceilings)Gourmet Kitchen with Stainless Steel Appliances Refrigerator, Gas Range & Oven, Dishwasher, Built-In MicrowaveQuartz Countertops and white custom cabinetry and fixtures (select homes Kitchen Island with cabinet

    Twin Creeks

    (805) 779-8369

    791 Orcutt Rd, San Luis Obispo, CA 93401
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    Starting at $2,200 Per Month

    • 1 - 3 Beds

    11343 Los Osos Valley Rd, San Luis Obispo, CA 93405

    Find your new home in a garden setting at Irish Hills Hamlet in San Luis Obispo, CA. Make a visit to see the available floorplan options. Here at this community, the professional leasing staff is available to assist you in finding your perfect fit. You'll experience a unique variety of features and amenities at this community like storage, community garden, pool, and convenient on-site parking

    Irish Hills Hamlet Apartments

    (805) 549-5086

    11343 Los Osos Valley Rd, San Luis Obispo, CA 93405
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    $3,450

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 1,200 Sq Ft
    • Condo for Rent

    45 Stenner St Unit K, San Luis Obispo, CA 93405

    A large, 2nd floor end unit condo, 1200 sq ft., creekside view. Two large bedrooms that can fit two full size beds very comfortably, two full bathrooms. Located in the heart of the Cedar Creek complex. Very convenient, a quick walk or bike ride to Cal Poly, 2 parking spaces included, pool, stackable washer/dryer in the unit. We are looking for renters who will take good care of the unit and

    (805) 439-9555

    45 Stenner St Unit K, San Luis Obispo, CA 93405
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    Starting at $2,300 Per Month

    • 2 Beds

    742 Boysen Ave, San Luis Obispo, CA 93405

    LESASING FOR AUGUST 2026742-778 Boysen• Rent $2,300.00 + $2,300.00 Security Deposit• Lease starting August 1, 2026 through May 31, 2027• Two Bedroom, one bathroom• Rent includes Cable TV, Wifi, trash, and water• Tenant is to pay for Electricity and Natural gas• Two laundry rooms onsite• One covered carport per apartment. Street parking is free.•

    (805) 549-4846

    742 Boysen Ave, San Luis Obispo, CA 93405
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    Starting at $2,200 Per Month

    • Studio

    2120 Santa Barbara Ave, San Luis Obispo, CA 93401

    The Junction is the newest addition to the San Luis Obispo skylineIntroducing a distinctive personality and inspired vision to the heart of downtown SLO through its iconic sawtooth roof design. Our 69-unit apartment community features unique and highly-amenitized common spaces purpose-built to enhance and contribute to the social and playful lifestyle of SLO.Property includes

    The Junction (2120 Santa Barbara Ave)

    (805) 439-6558

    2120 Santa Barbara Ave, San Luis Obispo, CA 93401
  • /20

    Starting at $1,638

    Total Monthly Price

    • 4 Beds

    22 Chorro St, San Luis Obispo, CA 93405

    Meet Chorro at SLO, a totally new take on student living in San Luis Obispo, steps away from the Cal Poly campus. Modern architecture, urban style, green initiatives for healthy people and a happy planet. Enjoy internet speeds up to 1GBPS (1 gigabite per second), take in the views from our rooftop terrace or your own private balcony. Everything you need to study hard and live well is at Chorro at

    Chorro at SLO

    (805) 329-3243

    22 Chorro St, San Luis Obispo, CA 93405
  • /20

    Starting at $1,185 Per Month

    • Studio - 4 Beds

    1 Mustang Dr, San Luis Obispo, CA 93405

    Mustang Village is more than just a place to store your stuff; it's a community designed with you in mind, a social and academic crossroads, a center where your day begins and ends. Our spacious apartments are filled with unique features intended to ensure that our residents are comfortable. The fully furnished apartments, on-site community park, and planned activities will help you feel so much

    Mustang I Townhome

    (805) 250-4382

    1 Mustang Dr, San Luis Obispo, CA 93405
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    Starting at $1,000 Per Month

    • 3 Beds

    555 Ramona Dr, San Luis Obispo, CA 93405

    Are you a current or Future Student at Cal Poly or Cuesta College San Luis Obispo? Do you still need to secure housing for Fall 2025? Valencia Apartments can help you find the right unit for your housing needs! Valencia Apartments is an off-campus housing complex that caters to the Cal Poly and Cuesta Student community. We can match you with roommates if you are coming in as a single

    Valencia Apartments

    (805) 250-4165

    555 Ramona Dr, San Luis Obispo, CA 93405
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    $2,700 Per Month

    • 2 Beds
    • 1.5 Baths
    • Condo for Rent

    1533 El Tigre Ct Unit B, San Luis Obispo, CA 93405

    Property Id: 2561945**If interested, please inquire via text or email** Available June 2026: Pleasant 2 bedroom 1.5 bath townhouse apartment at 1533 El Tigre Court in convenient San Luis Obispo area. Close to shopping and businesses--only 1/2 block to Laguna shopping center and close to public transit. Bedrooms are upstairs with full bath. Downstairs holds kitchen, living/dining area and

    (805) 635-0385

    1533 El Tigre Ct Unit B, San Luis Obispo, CA 93405
  • /10

    $2,600 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    980 Islay St Unit 980, San Luis Obispo, CA 93401

    Property Id: 1554250Available July: First floor, vintage cottage apartment in a fabulous downtown location. Close to Mitchell Park, great restaurants, shopping, the train station, and Cal Poly, the apartment is located at 980 Islay Street in a vintage 4plex building. This apartment has 2 bedrooms and 1 bath. The kitchen comes with appliances: gas stove/oven, dishwasher and fridge.

    (805) 439-8462

    980 Islay St Unit 980, San Luis Obispo, CA 93401
  • /3

    $1,200 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    1San Ca-1, San Luis Obispo, CA 93401

    Property Id: 2486612Furnished Room Available in my 3-Bedroom (2-story) occupied home, by YMCA (SLO). // Safe, quiet area. // Looking for a quiet, responsible and respectful individual to fill a third furnished bedroom in my home. // This is close to the YMCA, Sinshiemer pool and park area. Located close to Laurel Lane, a coffee house, and Mexican restaurant. // All common areas are

    (805) 250-4534

    1San Ca-1, San Luis Obispo, CA 93401
  • /5

    $1,650 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    3597 Johnson Ave Unit ADU, San Luis Obispo, CA 93401

    Property Id: 2560096Welcome to your dream room in this charming multi-family property located at 3597 Johnson Ave in beautiful SAN LUIS OBISPO! This 1 bed, 1 bath gem features modern amenities such as dishwasher, washer/dryer, and shared fenced yard. Enjoy the convenience of a driveway and street parking. Don't miss out on this opportunity for a cozy and comfortable living space for

    (805) 567-7602

    3597 Johnson Ave Unit ADU, San Luis Obispo, CA 93401
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    $2,700 Per Month

    • 2 Beds
    • 1.5 Baths
    • 900 Sq Ft
    • Condo for Rent

    1533 El Tigre Ct Unit G, San Luis Obispo, CA 93405

    Property Id: 1554290Available July: Pleasant 2 bedroom 1.5 bath townhouse apartment at 1533 El Tigre Court in convenient San Luis Obispo area. Close to shopping and businesses--only 1/2 block to Laguna shopping center and public transit. Bedrooms are upstairs with full bath. Downstairs holds kitchen, living/dining area and half bath. Kitchen includes dishwasher, refrigerator, stove

    (805) 635-0241

    1533 El Tigre Ct Unit G, San Luis Obispo, CA 93405
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    $1,700

    Total Monthly Price

    • 3 Beds
    • 1 Bath
    • 1,700 Sq Ft
    • House for Rent

    59 Chorro St Unit Main, San Luis Obispo, CA 93405

    One room available for one in a 3 bedroom home near Cal Poly.You’ll be sharing the home with two males in their twenties in a clean, respectful, easygoing household. A separate guest house on the property is occupied by another male.Great central location close to downtown, shopping, the hospital, and Cal Poly.Details:Rent $1700 per monthUtilities shared among

    59 Chorro St Unit Main, San Luis Obispo, CA 93405
  • /9

    $2,300

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 600 Sq Ft
    • Condo for Rent

    3170 Camellia Ct Unit C, San Luis Obispo, CA 93401

    Large 1 bedroom apartment available August 1st. Located in a quiet residential neighborhood and only a 5 minute drive to Cal Poly and downtown. This is an upstairs apartment so there are no neighbors no noise above you. Lots of natural light throughout. Open floor plan with the living room, dining room and kitchen area over 400 sq ft. The kitchen has a gas stove, new refrigerator and a tile

    3170 Camellia Ct Unit C, San Luis Obispo, CA 93401
  • /19

    $4,200

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • 1,025 Sq Ft
    • House for Rent

    686 E Foothill Blvd, San Luis Obispo, CA 93405

    686 E Foothill Blvd, San Luis Obispo, CA 934053 Bed | 2 Bath | $4,200/monthAvailable July 1, 2026Well-maintained 3 bedroom, 2 bathroom townhouse-style home available near Cal Poly and downtown San Luis Obispo. This two-story property features vaulted ceilings, abundant natural light, updated flooring throughout, and an open-concept living area. Additional features include a

    686 E Foothill Blvd, San Luis Obispo, CA 93405
  • /21

    $4,900

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • 2,000 Sq Ft
    • Condo for Rent

    2050 Hope St Unit 2050 Hope Street, San Luis Obispo, CA 93405

    This property at 2050 Hope Street, within walking distance of CalPloy, offers 3 bedrooms and 2 bathrooms in a spacious 2,000 square feet. The kitchen is equipped with essential appliances, including a microwave, oven, refrigerator, and dishwasher, making meal preparation convenient. The living room features hardwood floors, providing a clean and modern aesthetic. Each bedroom is designed for

    2050 Hope St Unit 2050 Hope Street, San Luis Obispo, CA 93405
  • /19

    $5,000

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • 1,000 Sq Ft
    • House for Rent

    376 Ramona Dr, San Luis Obispo, CA 93405

    Available Now* New Construction 3 Bed / 2 Bath Home $5,000/month376 Ramona, SLO ** close to Cal Poly, Shopping, Downtown, and Hospital.**If interested To schedule a showing, please EMAIL your:1.Monthly income2.Length of current employment3.Credit scoreBe the first to live in this newly built, thoughtfully designed 3-bedroom, 2-bath home offering modern finishes and

    376 Ramona Dr, San Luis Obispo, CA 93405
  • /54

    $3,500 - $3,700

    Total Monthly Price

    • 2 Beds
    • 1.5 Baths
    • 1,200 Sq Ft
    • Condo for Rent

    680 Morro St, San Luis Obispo, CA 93401

    680 Morro Street – Fully Renovated Downtown SLO LivingWelcome to 680 Morro Street, a thoughtfully redesigned multi-unit property in the heart of downtown San Luis Obispo. Each residence has been completely remodeled from top to bottom, offering a cohesive blend of modern design, high-end finishes, and functional living in one of SLO’s most desirable locations.The property features

    680 Morro St, San Luis Obispo, CA 93401
  • /33

    $1,700

    Total Monthly Price

    • 3 Beds
    • 1 Bath
    • 1,700 Sq Ft
    • House for Rent

    59 Chorro St Unit Main, San Luis Obispo, CA 93405

    One room available for one in a 3 bedroom home near Cal Poly.You’ll be sharing the home with two males in their twenties in a clean, respectful, easygoing household. A separate guest house on the property is occupied by another male.Great central location close to downtown, shopping, the hospital, and Cal Poly.Details:Rent $1700 per monthUtilities shared among

    59 Chorro St Unit Main, San Luis Obispo, CA 93405
  • /54

    $3,500 - $3,700

    Total Monthly Price

    • 2 Beds
    • 1.5 Baths
    • 1,200 Sq Ft
    • Condo for Rent

    680 Morro St, San Luis Obispo, CA 93401

    680 Morro Street – Fully Renovated Downtown SLO LivingWelcome to 680 Morro Street, a thoughtfully redesigned multi-unit property in the heart of downtown San Luis Obispo. Each residence has been completely remodeled from top to bottom, offering a cohesive blend of modern design, high-end finishes, and functional living in one of SLO’s most desirable locations.The property features

    680 Morro St, San Luis Obispo, CA 93401
  • /31

    $3,100

    Total Monthly Price

    • 2 Beds
    • 1.5 Baths
    • 1,436 Sq Ft
    • Condo for Rent

    3290 Rockview Place Unit 6, San Luis Obispo, CA 93401

    Fully renovated corner apartment unit located walking distance from historic downtown San Luis Obispo. Featuring direct access to hiking trails, this apartment has views of the beautiful Santa Lucia mountain range.This unit features a large covered carport, 2 large bedrooms with ample space and walk-in closets, brand new appliances, and 3 exterior decks with plenty of privacy. The entire

    3290 Rockview Place Unit 6, San Luis Obispo, CA 93401
  • /20

    $2,400

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 700 Sq Ft
    • Condo for Rent

    3190 Camellia Ct Unit C, San Luis Obispo, CA 93401

    Newly remodeled 1 bedroom downstairs apartment available August 1, 2026. Located in a quiet residential neighborhood and only a 5 minute drive to Cal Poly and Downtown. Lots of natural light throughout. Open floor plan with large living room dining room and kitchen that has a breakfast bar that opens up to the living room for bar stools. The kitchen has a gas stove, new refrigerator, and garbage

    3190 Camellia Ct Unit C, San Luis Obispo, CA 93401
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    $3,600

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 1,301 Sq Ft
    • Condo for Rent

    3812 Hatchery Ln Unit 3812-3 Hatchery Ln, San Luis Obispo, CA 93401

    Built in 2021 this 1,301 square foot townhouse comes with 5 rooms, 2 bedrooms and 2 baths. This condo comes with solar power, central air with a honeywell home thermostat, energy efficient windows with blinds, a 1 car garage, and has 2 levels with a porch/balcony. Has view of the South Hills, 4 minute drive to the Marigold Center, walking distance to Righetti Hill. Included in the rental are

    3812 Hatchery Ln Unit 3812-3 Hatchery Ln, San Luis Obispo, CA 93401
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    $4,950

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • 1,806 Sq Ft
    • House for Rent

    398 Corrida Dr, San Luis Obispo, CA 93401

    Modern, pristine 3-bedroom, 2-bath home updated in 2025 with only one tenant since its transformation. Experience the best of SLO living, steps from Meadow Park and South Hills trails.Premium Upgrades:- Chef's Kitchen: New stainless steel gas stove & fridge (Nov 2025), dishwasher & quartz counters.- Fresh Interiors: New paint & high-end carpet throughout (April 2025).- Space:

    398 Corrida Dr, San Luis Obispo, CA 93401
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    $3,600 Per Month

    • 3 Beds
    • 1 Bath
    • 1,800 Sq Ft
    • House for Rent

    983 W Foothill Blvd, San Luis Obispo, CA 93405

    Classic Ranch House with 3 Bedrooms, 1 full bathroom, Living room with vaulted ceiling, kitchen with lots of storage, generously sized bedrooms, backyard patio, wide open space surrounding the house. NO PETS, NO SMOKING, minimum 670 credit score required.

    Yvonne Fisher Fisher Real Estate

    983 W Foothill Blvd, San Luis Obispo, CA 93405
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    $2,200 Per Month

    • 2 Beds
    • 1 Bath
    • AVAILABLE JULY - 2 Bed/ 1 Bath shared home near Downtown SLO

    1837 Chorro St, San Luis Obispo, CA 93401

    2 bedrooms, 1 bath available in a 3 bedroom house. PLEASE READ THE ENTIRE AD CAREFULLY.The showing link for this property is:

    1837 Chorro St, San Luis Obispo, CA 93401
  • /36

    $4,075 Per Month

    • 2 Beds
    • 2 Baths
    • 1,116 Sq Ft
    • Condo for Rent

    1239 E Foothill Blvd Unit 112, San Luis Obispo, CA 93405

    Spacious Condo Near Cal Poly – The Carhill Complex Welcome to your "little paradise" perfectly situated for the ultimate San Luis Obispo lifestyle! Located in the highly sought-after Carhill Complex, this charming 2-bedroom, 2-bathroom condo offers the perfect blend of privacy and proximity, sitting just moments from the Cal Poly entrance at Foothill Boulevard and California Avenue. Unit has AC.

    Kim Conti DeGroot Kimberly's Global Real Estate Corp

    1239 E Foothill Blvd Unit 112, San Luis Obispo, CA 93405
  • /4

    $3,400 Per Month

    • 3 Beds
    • 2 Baths
    • Condo for Rent

    1206 Galleon Way Unit 1206 Galleon Way #A, San Luis Obispo, CA 93405

    1206 Galleon Way Unit 1206 Galleon Way #A, San Luis Obispo, CA 93405
  • /57

    $6,500 Per Month

    • 4 Beds
    • 3 Baths
    • 3,098 Sq Ft
    • House for Rent

    1961 Vineyard View Ln, San Luis Obispo, CA 93401

    This Amazing Edna Valley Estate tucked away from the street just off 227 so easy access to SLO, 5 Cities, freeway, etc. This gated property welcomes you with a lovely entry garden into the expansive and high ceilings of this open floor plan that is light and bright and opens the opportunity of wonderful entertaining experiences inside and out. From the rustic travertine floors, granite

    Kevin Jones Realty Professionals

    1961 Vineyard View Ln, San Luis Obispo, CA 93401
  • /24

    $4,600 Per Month

    • 3 Beds
    • 1 Bath
    • 1,100 Sq Ft
    • Location Location Location! Near Poly

    209 Jeffrey Dr, San Luis Obispo, CA 93405

    No Street parking permits required! Fantastic location which is close to Poly campus, grocery store, pharmacy, bus stops! Large backyard. Hardwood floors! Fruit and avocado trees. Tenants pay all utilities. Also close to both Pacheco and bishop elementary schools

    209 Jeffrey Dr, San Luis Obispo, CA 93405

Showing Results 1 - 40, Page 1 of 4

Why Live in San Luis Obispo

Downtown San Luis Obispo captivates residents with its historic Mission San Luis Obispo de Tolosa, founded in 1772, alongside unique shops and art galleries. The famous Thursday Night Farmers' Market transforms Higuera Street into a lively gathering spot with local produce, live music, and entertainment. Outdoor recreation surrounds the city with over 50 miles of hiking trails, including Bishop Peak and Islay Hill, which provide panoramic views. The Edna Valley wine region sits just minutes from downtown, while beaches like Avila and Pismo are within a 15-minute drive.

The San Luis Obispo housing market currently lists 100 homes for sale, ranging from $565,000 to $4,988,000. The median sale price stands at $1,059,000 citywide. Single-family homes command a median price of $1,250,000, with notable variations by neighborhood. Downtown San Luis Obispo leads with a median of $1,445,000 for single-family homes, while the Madonna area presents more affordable options at $899,000. Townhomes show a median price of $910,000, while condos range from $499,000 for one bedroom to $675,000 for two bedrooms.

Property taxes in San Luis Obispo County maintain a 0.7% effective rate, comparable to nearby Paso Robles but slightly higher than Santa Barbara County's 0.66%. The combined sales tax rate reaches 8.80%, including the 7.25% California state rate and 1.55% local rate.

The city's educational landscape includes California Polytechnic State University and highly rated public schools. Bishop's Peak Elementary and Laguna Middle School both earned A ratings from Niche, while Mission College Preparatory Catholic High School achieved an A+ rating. SLO Transit provides public bus service throughout the city, complemented by Amtrak connections and the San Luis Obispo County Regional Airport offering daily flights to major cities.

Frequently Asked Questions

How much does it cost to rent a home in San Luis Obispo, CA?
The median rent for a home in San Luis Obispo, CA is $3,425 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in San Luis Obispo, CA?
To comfortably afford the median rent in San Luis Obispo, CA, a household needs to earn roughly $137,000 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 $3,425 per month in San Luis Obispo, CA, renters typically need to show $10,275 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 San Luis Obispo, CA?
In San Luis Obispo, CA, the price-to-rent ratio is 26.3, 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 San Luis Obispo, CA are best for renting a home?
The best neighborhood for renting in San Luis Obispo, CA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include San Luis Ranch, Cayucos, Higuera, Downtown San Luis Obispo and Meadow Park, each with its own character and price range.

Rental Home Trends in San Luis Obispo, CA

Rental Home Trends

Number of Homes for Rent
132
Median Rent
$3,425
Median Single Family Home Rent
$4,325
Median Townhouse Rent
$2,850
Median Condo Rent
$2,700
How to Rent a Home