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Start your San Luis Obispo, CA search

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Cheap Apartments

Cheap Apartments for Rent in San Luis Obispo, CA

8 rentals available

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City Guide for San Luis Obispo, CA

Known locally as San Luis, or SLO, this old California treasure is known nationally as "the happiest city in America." Get ready to get happy, because this renting guide has everything you need to get your apartment hunt started in San Luis Obispo.

SLO is a city situated between two beacons of outdoor life: the mountains and the beach

View San Luis Obispo City Guide (opens in a new tab)

Home/
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Cheap Apartments

Last updated October 27, 2026 at 5:59 PM PDT

8 Cheap Apartments for Rent in San Luis Obispo, CA

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More Rental Options

Bedrooms

1 Bedroom Apartments in San Luis Obispo (13)

Amenities

San Luis Obispo Apartments with Garages (38)
San Luis Obispo Apartments with Pools (8)
San Luis Obispo Apartments with Washer-Dryers (43)
San Luis Obispo Pet Friendly Apartments (25)

Cities

Bakersfield Cheap Apartments (18)

Counties

San Luis Obispo County Apartments (246)

Neighborhoods

Downtown Slo (26)
Johnson (5)
Santa Rosa (6)
San Luis Ranch (9)
Bishops Knoll (5)

Colleges

Allan Hancock College (105)
University of California-Santa Barbara (73)

Listings

Stenner, 176 Gallery 1

1 of 16

Stenner, 176 (opens in new tab)

176 Stenner Street, San Luis Obispo, CA 93405

$1,755+/moFees may apply12-mo lease

2 units available

Studio

Verified

1 bed 1 bath near downtown Gallery 1

1 of 12

1 bed 1 bath near downtown (opens in new tab)

1353 Higuera Street, San Luis Obispo, CA 93401

3283 Broad Street, #A Gallery 1

1 of 8

3283 Broad Street, #A (opens in new tab)

3283 Broad Street, San Luis Obispo, CA 93401

Cute upgraded studio near downtown SLO, all utilities included! Gallery 1

1 of 17

Cute upgraded studio near downtown SLO, all utilities included!

3287 Broad Street, #A Gallery 1

1 of 8

3287 Broad Street, #A (opens in new tab)

3287 Broad Street, San Luis Obispo, CA 93401

2325 Ganador Court Gallery 1

1 of 29

1257 Iris St Unit 3 Gallery 1

1 of 13

1257 Iris St Unit 3 (opens in new tab)

1257 Iris Street, San Luis Obispo, CA 93401

Amenities

On-site laundry, Parking, and Some paid utils

$1,400/moFees may apply12-mo lease

1 unit available

1 bed

Amenities

On-site laundry

$1,850/moFees may apply12-mo lease

1 unit available

Studio

Amenities

On-site laundry, Patio / balcony, Internet access, and Carpet

(opens in new tab)

1637 Alrita Street, San Luis Obispo, CA 93401

$1,600/moFees may apply12-mo lease

1 unit available

Studio

Amenities

In unit laundry, Patio / balcony, Pet friendly, All utils included, Recently renovated, Bbq/grill + more

AskFees may apply12-mo lease

Amenities

On-site laundry, Patio / balcony, Parking, Ceiling fan, Carpet, and Range

2325 Ganador Court (opens in new tab)

2325 Ganador Court, San Luis Obispo, CA 93401

$1,350/moFees may apply12-mo lease

1 unit available

1 bed

Amenities

In unit laundry, Dishwasher, Pet friendly, All utils included, Recently renovated, and Bbq/grill

$1,600/moFees may apply12-mo lease

1 unit available

1 bed

Amenities

In unit laundry, Patio / balcony, Dishwasher, Pet friendly, Garage, Gym + more

Frequently Asked Questions (FAQs)

What is the typical rent for a studio apartment in San Luis Obispo, CA?
The average rent for a studio apartment in San Luis Obispo, CA is $2,463.
How expensive are one-bedroom apartments in San Luis Obispo, CA?
The average rent for a one-bedroom apartment rental in San Luis Obispo, CA is $2,111.
How much is rent for two-bedroom apartments in San Luis Obispo, CA?
The average monthly rent for a two-bedroom apartment in San Luis Obispo, CA is $3,118.

Best market deals

These units are the best deal in town.

2325 Ganador Court South

1 Bed • 1 Bath • 100 sqft

Base monthly rent

$1,350+

Available

Now

1 bed 1 bath near downtown 1 Bed, 1 Bath, $1400

1 Bed • 1 Bath

Base monthly rent

$1,400+

Available

Nov 1

Cute upgraded studio near downtown SLO, all utilities included! Studio, 1 Bath, $1600

Studio • 1 Bath • 600 sqft

Base monthly rent

$1,600+

Available

Now

1257 Iris St Unit 3 1 Bed

1 Bed • 1 Bath • 748 sqft

Base monthly rent

$1,600+

Available

Now

Stenner, 176 G

Studio • 1 Bath

Base monthly rent

$1,755+

Available

Now