5+ Days Ago
Location
650 Graves Ave, San Luis Obispo, CA 93401, USA
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Property Overview
Graves 650 is rated highly across multiple criteria, achieving an overall score of 8.3 from Zumper. It offers competitive pricing and a strong amenities rating of 8 out of 10, complemented by a prime location with a score of 9 out of 10, ensuring convenience to various attractions and services. Notable features include on-site laundry and proximity to a top-rated elementary school, reinforcing its value for potential renters.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive- Elementary school nearby
- High school nearby
Floor plans
| Graves 650 - 1 | 3 bed | 1 bath | $3,000 /mo | 1 unit available | 3 bedroom 1 bath apartment walking distance to Cal Poly available early September. Water and trash are included. Tenants pay electricity, natural gas, internet and phone. Laundry on-site. Call to set up a viewing and to received application paperwork. Pictures are samples only of this apartment building. |
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Amenities for Graves 650
Building
| Onsite Laundry |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Building details
Property details
| Units | 1 |
|---|
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About Graves 650
3 bedroom 1 bath apartment walking distance to Cal Poly available early September. Water and trash are included. Tenants pay electricity, natural gas, internet and phone. Laundry on-site. Call to set up a viewing and to received application paperwork. Pictures are samples only of this apartment building.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.3
/10
Very GoodWith a solid 8.3 out of 10 overall, Graves 650 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Graves 650 has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Graves 650 offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, Graves 650 is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Graves 650 is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Graves 650 does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Graves 650 provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How Graves 650 compares to other nearby properties.
Positives
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
- Elementary school nearby
- There is an elementary school 0.3 mile away
- High school nearby
- There is a high school 1 mile away
- Laundry available on site
- Washers and dryers are available in-building or in-unit
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Rent trends in San Luis Obispo
3-bedroom apartments at Graves 650 cost about 33% less than the average rent price for 3-bedroom apartments in San Luis Obispo.
Median rents as of Dec 6 2025.
San Luis Obispo
| Month | Median Rent |
|---|---|
| December 2023 | $1,975 |
| January 2024 | $1,950 |
| February 2024 | $1,900 |
| March 2024 | $1,839 |
| April 2024 | $1,800 |
| May 2024 | $1,936 |
| June 2024 | $1,882 |
| July 2024 | $1,942 |
| August 2024 | $1,937 |
| September 2024 | $2,015 |
| October 2024 | $1,897 |
| November 2024 | $1,839 |
| December 2024 | $1,868 |
| January 2025 | $1,903 |
| February 2025 | $1,912 |
| March 2025 | $1,940 |
| April 2025 | $2,043 |
| May 2025 | $2,064 |
| June 2025 | $2,009 |
| July 2025 | $2,040 |
| August 2025 | $2,013 |
| September 2025 | $2,021 |
| October 2025 | $2,033 |
| November 2025 | $1,953 |
| December 2025 | $1,995 |
Affordability calculator
Can I afford to live at 650 Graves Ave?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$108,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $108,000 annually to afford this 3-bedrooms monthly rent price of $2,700.
For more information on rent affordability, visit our rent calculator.
Schools near Graves 650
PEEP - PREPARE
1500 lizzie st
san luis obispo, CA, 93401
K-12Public
Bishop's Peak Elementary School
451 jaycee dr
san luis obispo, CA, 93405
K-6Public
A
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Internet available near Graves 650
Getting around San Luis Obispo near 650 Graves Ave
Walking
5/10
Some shops and stores are within a few minutes.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 650 Graves Ave, San Luis Obispo
Groceries
6/10
At least one grocery store within a 15-minute walk
Shopping
5/10
Variety of shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
6/10
Some restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
8/10
At least one high school within a 10-minute walk
Nightlife
2/10
Few or no bars within walking distance
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