
Cheap Homes for Rent in San Luis Obispo County, CA from $1,200 (20 Rentals)
Search the lowest-cost Homes available for rent right now in San Luis Obispo County.


1929 Park St

1750 Prefumo Canyon Rd

974 Chorro St

239 Surf St

1650 Dawn Rd

208 McKinley St

185 N 5th St

10710 El Camino Real

1975 Abbott St

821 21st St

2690 Northview Ave

1824 Southview Cir

750 Chorro St

1351 Royal Way

1021 Southwood Dr, Unit #H

943 Nipomo Ave

1427 Hansen Ln

1453-1453-1/2 Lizzie St

920 Inverness Dr
San Luis Obispo County, CA Local Guide

How much does it cost to rent a home in San Luis Obispo County?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
San Luis Obispo County 2 Bedroom Homes for Rent | $3,269 | $2,000 | $6,000 |
San Luis Obispo County 3 Bedroom Homes for Rent | $4,195 | $1,200 | $7,500 |
San Luis Obispo County 4 Bedroom Homes for Rent | $8,763 | $3,100 | $10,000+ |
San Luis Obispo County 5 Bedroom Homes for Rent | $7,085 | $5,900 | $9,500 |
San Luis Obispo County 6 Bedroom Homes for Rent | $10,350 | $9,000 | $10,000+ |
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Cheapest Available San Luis Obispo County Apartments for Rent
 The cheapest available apartment rental in San Luis Obispo County, CA is a 5 Beds unit found at The SLO Student Living Apartments in the Valle Vista neighborhood priced from $699. California Grand Manor Senior Apartments in the Atascadero Templeton neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,030. Here is today’s list of the most affordable San Luis Obispo County apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The SLO Student Living Apartments | Large Shared Bedroom & Common Areas in 5 Bed 2 ... | 5BR,2BA | $699 |
California Grand Manor Senior Apartments | Studio | Studio,1BA | $1,030 |
Bordeaux House Apartments | Two Bedroom Two Bath | 2BR,2BA | $1,734 |
Dry Creek | 21 | 2BR,1BA | $1,986 |
University Chorro Commons | 1/1 | 1BR,1BA | $2,000 |
Best Value Apartments for Rent in San Luis Obispo County, CA
As of March 29, 2025 the best value apartment in the San Luis Obispo County area is the $2.65 price per square foot Three Bedroom Townhome Model at ReNew Atascadero in the in the Atascadero Templeton neighborhood starting from $3,395. The second greatest value San Luis Obispo County apartment is the The SLO Model at Vintage at SLO starting at $3,260 with a $3.13 price per square foot in the 3592 Broad neighborhood. Here is today’s list of the best values for San Luis Obispo County apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
ReNew Atascadero | Three Bedroom Townhome | 3BR,2.5BA | $2.65 |
Vintage at SLO | The SLO | 2BR,2.5BA | $3.13 |
Villa Del Rio | 2 Bedroom with Laundry | 2BR,1BA | $2.82 |
Bordeaux House Apartments | Two Bedroom Two Bath | 2BR,2BA | $1.83 |
The Oaks at Jornada | 2BR/2.0BA | 2BR,2BA | $2.54 |
Dry Creek | 21 | 2BR,1BA | $2.34 |
Irish Hills Hamlet Apartments | 1BR/1.0BA | 1BR,1BA | $2.80 |
720 Park St, Unit A | 720 Park St | 2BR,1BA | $2.66 |
River Walk Terrace | One Bedroom 60% AMI | 1BR,1BA | $2.07 |
California Grand Manor Senior Apartments | Studio | Studio ,1BA | $1.90 |
Frequently Asked Questions about San Luis Obispo County
What type of rentals are currently available in San Luis Obispo County?
There are currently 439 Apartments for Rent in San Luis Obispo County, CA with pricing that ranges from $699 to $5,400. There are also 122 Single Family Homes for rent, Condos, and Townhome rentals currently available in San Luis Obispo County ranging from $1,200 to $50,000.
What is the current price range for Rental Homes in San Luis Obispo County?
Today's rental pricing for Homes for Rent, Condos and Townhomes in San Luis Obispo County ranges from $1,200 to $50,000 with an average monthly rent of $6,837.
How much are larger Three and Four Bedroom Rentals in San Luis Obispo County?
For those who are looking for larger living arrangements, Three Bedroom Apartments in San Luis Obispo County range from $2,900 to $5,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $7,500. Four Bedroom Single-Family rentals are also available starting from $3,100 and Four Bedroom Apartments start at $1,655.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.