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Newest Homes for Rent in San Luis Obispo, CA

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  • /50

    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
  • /35

    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
  • /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
  • /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
  • /20

    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
  • /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
  • /26

    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
  • /6

    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
  • /20

    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
  • /40

    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
  • /38

    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
  • /67

    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
  • /38

    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
  • /16

    $1,900 Per Month

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

    3591 Sacramento Dr Unit 202, San Luis Obispo, CA 93401

    Welcome to this beautiful apartment, perfectly suited for frequent travelers and weekend adventurers alike. Inside, you’ll find a thoughtfully updated space featuring stylish luxury vinyl plank flooring, modern LED lighting, an LG stackable washer and dryer, and a sleek ceiling fan in the living room. The kitchen, conveniently located just off the entryway, boasts granite countertops and

    3591 Sacramento Dr Unit 202, San Luis Obispo, CA 93401
  • /13

    $5,200 Per Month

    • 3 Beds
    • 1 Bath
    • 1,350 Sq Ft
    • Charming Restored Historic Home in Downtown SLO

    940 Santa Rosa St, San Luis Obispo, CA 93401

    Charming Restored Historic Home in Downtown SLOEnjoy modern comforts blended with 100-year-old character in this beautifully remodeled 3-bedroom, 1-bathroom home. Located in the heart of downtown San Luis Obispo, this property features original hardwood floors, brand-new kitchen appliances, a completely updated bathroom, and a fully fenced backyard. The unbeatable location places you just one

    940 Santa Rosa St, San Luis Obispo, CA 93401
  • /13

    $4,200 Per Month

    • 2 Beds
    • 2.5 Baths
    • House for Rent

    767 Chorro St, San Luis Obispo, CA 93401

    Stunning Brand New 2 Bed, 2.5 Bath Townhouse in Downtown SLOLive in luxury at 767 Chorro Street, perfectly situated in the heart of San Luis Obispo. This pristine, never-lived-in townhouse blends modern design with premium eco-friendly features.Property Highlights:Bedrooms: 2 spacious suitesBathrooms: 2.5 modern bathsParking: Private attached garagePower: Solar

    767 Chorro St, San Luis Obispo, CA 93401
  • /18

    $950 Per Month

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

    871 Buchon St Unit Front Bedroom #2, San Luis Obispo, CA 93401

    871 Buchon St Unit Front Bedroom #2, San Luis Obispo, CA 93401
  • /27

    $5,800 Per Month

    • 3 Beds
    • 2.5 Baths
    • 2,242 Sq Ft
    • Updated 3 bedroom 2.5 bath with yard

    417 Woodbridge St, San Luis Obispo, CA 93401

    This home has been recently remodeled with high end finishes throughout. Wood flooring span the entirety of the living area. The kitchen as been designed for someone that loves to cook, with a 48 inch KitchenAid range as the centerpiece. Both the living room and the den feature fireplaces and open to the backyard. The master suite features views of Cerro San Luis, a bathroom with a separate

    417 Woodbridge St, San Luis Obispo, CA 93401
  • /36

    $4,500 Per Month

    • 4 Beds
    • 2.5 Baths
    • 1,883 Sq Ft
    • 4 bedroom 2.5 bathroom condo in Broad Street Village Complex

    3591 Sacramento Dr, San Luis Obispo, CA 93401

    Beautiful corner unit in the highly desirable Broad Street Village. This spacious condo boasts a large floor plan, with 4 bedrooms and 2.5 bathrooms. Spacious and open kitchen and dining area has newer luxury vinyl plank flooring. Features a well-appointed kitchen with granite countertops, updated appliances, cabinets galore, and expansive counter spaces. The primary bedroom includes a balcony

    3591 Sacramento Dr, San Luis Obispo, CA 93401
  • /25

    $2,100 Per Month

    • 1 Bed
    • 1 Bath
    • One Bedroom, Utilities Included, $2,100

    206 Loma Bonita Dr, San Luis Obispo, CA 93401

    1-Bedroom apartment with first level living area, kitchen with refrigerator, two hotplates and microwave. Living & kitchen area is on the main level, Upstairs bedroom, full bath and large walk-in closet and deck. Private country-like setting just south of downtown SLO with beautiful views from two large decks. Near bus line, with quick access to freeway and downtown. Use of laundry/storage in

    206 Loma Bonita Dr, San Luis Obispo, CA 93401
  • /3

    $1,700 Per Month

    • Studio
    • 1 Bath
    • 400 Sq Ft
    • AVAILABLE JUNE - SLO STUDIO with Private Yard

    756 Woodbridge St, San Luis Obispo, CA 93401

    MORE PHOTOS TO COMEThe showing link for this property is: View Showing AvailabilityBeautiful SLO studio centrally located near downtown, shopping and parks.This is a studio unit on a shared property behind the main home. Private yard space for the studio tenant. 12 Month Lease. Shared Washer/Dryer with the main home. All Utilities Paid except Internet. Refrigerator

    756 Woodbridge St, San Luis Obispo, CA 93401
  • /9

    $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
  • /18

    $4,000 Per Month

    • 3 Beds
    • 1.5 Baths
    • 1,040 Sq Ft
    • Condo for Rent

    1710 Huasna Dr Unit 1710 Huasna House, San Luis Obispo, CA 93405

    1710 Huasna Dr Unit 1710 Huasna House, San Luis Obispo, CA 93405
  • /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
  • /11

    $3,500 Per Month

    • 3 Beds
    • 2 Baths
    • 1,075 Sq Ft
    • House for Rent

    925 Madonna Rd, San Luis Obispo, CA 93405

    AVAILABLE EARLY JULY- AUGUST 2026 Located on the 3rd floor. 3 bedroom, 2 bath condo with approx 1071 sqft of living space. Appliances include: Stove, Microwave, Dishwasher, Refrigerator & Stackable Washer/Dryer. Solar assist for electricity. Tenant pays all utilities. 1 reserved parking spot. No pets and no smoking of any kind. One-year lease, Renters insurance required.Presented

    925 Madonna Rd, San Luis Obispo, CA 93405
  • /15

    $4,000 Per Month

    • 3 Beds
    • 1 Bath
    • 1,042 Sq Ft
    • 3 Bedroom with Fenced Yard in Laguna Lake

    1946 Lima Dr, San Luis Obispo, CA 93405

    This wonderful 3-bedroom house in Laguna Lake has a wonderfully private, fenced back yard with fruit trees and a patio of the kitchen and master bedroom. The kitchen has bamboo wood flooring and there are washer and dryer hook-ups in the garage.Professionally managed by Link Real Estate Group, Inc. Lic#02180351

    1946 Lima Dr, San Luis Obispo, CA 93405
  • /20

    $3,200 Per Month

    • 2 Beds
    • 1.5 Baths
    • House for Rent

    1157 Leff St, San Luis Obispo, CA 93401

    Must See! 2-story, 2 bed, 1.5 bath hardwood floors, granite countertops, special wood decking with a/c & heating and security system. Tenant pays additional $100 per person per month for water, trash & electric. Tenant will be responsible for setting up gas. No Cosigners. NO SMOKING OF ANY KIND. NO PETS.*Renter's Insurance is required upon move in and throughout the duration of the

    1157 Leff St, San Luis Obispo, CA 93401
  • /9

    $3,000 Per Month

    • 2 Beds
    • 2 Baths
    • Apartment Close to Cal Poly and Downtown SLO

    85 Stenner St Unit G, San Luis Obispo, CA 93405

    Nice 2 bedroom/ 2 Bathroom apartment that is walking distance to Cal Poly and Downtown SLO. Rent:$3000Security Deposit:$3000Call to schedule a viewing of the property.

    85 Stenner St Unit G, San Luis Obispo, CA 93405
  • /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
  • /14

    $2,600 Per Month

    • 2 Beds
    • 1 Bath
    • 878 Sq Ft
    • AVAILABLE AUGUST - Nice 2 Bedroom Downtown SLO Condo

    680 Chorro St Unit 1, San Luis Obispo, CA 93401

    The showing link for the property is: View Showing Availability2 bedroom 1 bathroom condo located in the heart of downtown SLO on the corner of Chorro and Peach in the Peachwood Complex, just a short walk to restaurants, shops, Mission Plaza, and much more. Home features a private deck that overlooks a private courtyard, two covered parking spaces, a refrigerator, a stove, and a

    680 Chorro St Unit 1, San Luis Obispo, CA 93401
  • /12

    $3,900 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,924 Sq Ft
    • House for Rent

    881 Peach St, San Luis Obispo, CA 93401

    Welcome to Hillcrest Townhomes, where comfort meets convenience just minutes from downtown San Luis Obispo. This spacious 3-bedroom, 2.5-bath condominium offers approximately 1,924 square feet of living space. The property includes an enclosed side patio as well as an upstairs balcony. There is an attached 2 car garage. Tenants are responsible for all utilities. Appliances included:

    881 Peach St, San Luis Obispo, CA 93401
  • /3

    $2,850 Per Month

    • 2 Beds
    • 1 Bath
    • PHOTOS COMING SOON! AVAILABLE JULY- 2 BEDROOM / 1 BATH SLO CONDO

    1147 Laurel Ln, San Luis Obispo, CA 93401

    The showing link for this property is: View Showing AvailabilityProperty is open to students, young adults, families, etc.This 900 square foot condo is located close to parks, shopping, and just minutes from downtown. This property is recently renovated with a new kitchen, bathroom, and floors throughout the entire house. There are two off street parking spots included with

    1147 Laurel Ln, San Luis Obispo, CA 93401
  • /9

    $2,950 Per Month

    • 2 Beds
    • 2 Baths
    • Brand New 2 bed/2 bath ADU

    424 South St, San Luis Obispo, CA 93401

    Available June 1ST!!**Brand New Unit, never lived in.**Great set-up, living room separates each bedroom and bathroom.**Small fenced in patio for privacy.**Washer and dryer included.Rent $2950Security Deposit $2950Renters Insurance RequiredNo Smoking/No Pets1 Year Lease

    424 South St, San Luis Obispo, CA 93401
  • /14

    $6,000 Per Month

    • 4 Beds
    • 2.5 Baths
    • 2,500 Sq Ft
    • Charming 4br/2.5ba home on acreage in Desirable Rolling Hills SLO

    445 Crestmont Dr, San Luis Obispo, CA 93401

    Available June 1st!!**Spacious 2500 square feet single level 4 bedroom 2.5 bath home on acreage.**Remodeled kitchen and dining room, new roof, new paint inside and out, hardwood floor, and newer carpet.**Family neighborhood and pet-friendly. Fully fenced with automated gates. Must get along and enjoy two great dogs that live on the property as well.**Attached

    445 Crestmont Dr, San Luis Obispo, CA 93401
  • /9

    $3,500 Per Month

    • 2 Beds
    • 2 Baths
    • 1,025 Sq Ft
    • Upgraded 2 Bedroom, 2 Bathroom Cedar Creek Condo by Cal Poly

    45 Stenner St, San Luis Obispo, CA 93405

    This 2 Bedroom 2 Bathroom Cedar Creek Condo is located on the second level.Each bedroom has two closets and there are two full bathrooms making it easy to accommodate 4 tenants.The interior has been nicely updated with laminate wood floors in the main living areas and carpet in the bedrooms. The kitchen and bathroom counters have been upgraded to granite. Refrigerator, dishwasher

    45 Stenner St, San Luis Obispo, CA 93405
  • /12

    $2,800 Per Month

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

    948 Bluebell Way, San Luis Obispo, CA 93401

    Welcome to 948 Bluebell Way, a well-maintained 2-bedroom, 2-bathroom condo offering approximately 1,010 square feet of comfortable living space.This thoughtfully designed home features a functional layout with open living areas and an abundance of natural light. The property comes equipped with essential appliances including a stove, refrigerator, microwave, dishwasher, and new washer/dryer

    948 Bluebell Way, San Luis Obispo, CA 93401
  • /4

    $6,750 Per Month

    • 5 Beds
    • 2 Baths
    • AVAILABLE AUGUST - Newly Renovated Home Near Cal Poly - 5 Bedrooms / 2 Bathrooms

    324 Cuesta Dr, San Luis Obispo, CA 93405

    MORE PICTURES COMING SOON!Please use the showing link to join the waitlist. You will be contacted to see the property when a showing is available.The showing link for this property is: View Showing AvailabilityThe main house offers 5 bedrooms and 2 bathrooms. The property features new flooring, fresh paint, and a shared backyard. The recently remodeled kitchens give

    324 Cuesta Dr, San Luis Obispo, CA 93405
  • /5

    $4,050 Per Month

    • 3 Beds
    • 1 Bath
    • AVAILABLE AUGUST - Remodeled Back House Near Cal Poly - 3 Bedrooms / 1 Bathroom

    324 Cuesta Dr, San Luis Obispo, CA 93405

    MORE PICTURES COMING SOON!Please use the showing link to join the waitlist. You will be contacted to see the property when a showing is available.The showing link for this property is: View Showing AvailabilityThis 3 bedroom / 1 bathroom ADU will look brand new by move in and has its own kitchen and washer/dryer. The property features new flooring, fresh paint, and a

    324 Cuesta Dr, San Luis Obispo, CA 93405
  • /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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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