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Updated 3 Days Ago

Location

506 High St, San Luis Obispo, CA 93401, USA
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Contact

Management

Link Real Estate Group, Inc.

Leasing office

(805) 801-6498

Property Overview

506 High St is rated as a strong rental option, with especially high marks for price and location, plus solid scores for amenities and trustworthiness. It may appeal to renters who value competitive value, convenient access to nearby points of interest and transit, and proximity to a top-rated elementary school, while also offering good overall quality.

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.

Zumper Expert Rating

8.0
Very Good
With a solid 8 out of 10 overall, 506 High St is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 506 High St has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Elementary school nearby
  • Middle school nearby

Floor plans

1BR/1.0BA1 bed1 bath450 sqft$2,450 /mo1 unit availableWelcome to this newly built 1 Bedroom, 1 Bathroom upstairs apartment in a convenient location on High Street in San Luis Obispo! This apartment features brand new finishes, appliances and air conditioning. This unit also comes with brand-new stainless-steel appliances, vinyl plank flooring and a spacious balcony to enjoy the Central Coast weather. On-street parking Professionally managed by Link Real Estate Group, Inc. - Lic#02180351

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Policies and fees

Applicants

Applicants

One-time.

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REQUIRED FEES

Security Deposit

One-time. Refundable.

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Building details

Property details

Units2
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About 506 High St

HomeApartments in San Luis Obispo 506 High St

Welcome to this newly built 1 Bedroom, 1 Bathroom upstairs apartment in a convenient location on High Street in San Luis Obispo! This apartment features brand new finishes, appliances and air conditioning. This unit also comes with brand-new stainless-steel appliances, vinyl plank flooring and a spacious balcony to enjoy the Central Coast weather. On-street parking Professionally managed by Link Real Estate Group, Inc. - Lic#02180351


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.
8.0
/10
Very Good
With a solid 8 out of 10 overall, 506 High St is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 506 High St has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated 506 High St
Price·9A 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.
506 High St stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
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, 506 High St 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.
506 High St 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 506 High St 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.
506 High St 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 506 High St compares to other nearby properties.

Positives

Elementary school nearby
There is an elementary school 0.2 mile away
Middle school nearby
There is a middle school 2 miles away

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Rent trends in San Luis Obispo

1-bedroom apartments at 506 High St cost about 23% more than the average rent price for 1-bedroom apartments in San Luis Obispo.

Median rents as of Aug 29 2026.
San Luis Obispo
A table of studio rental data trends in San Luis Obispo
MonthMedian Rent
September 2024$2,013
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$1,917
January 2026$1,896
February 2026$1,875
March 2026$1,855
April 2026$1,825
May 2026$1,810
June 2026$1,978
July 2026$2,006
August 2026$1,970

Affordability calculator

Can I afford to live at 506 High St?

Bedrooms

1 bedroom

Rent-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

$98,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $98,000 annually to afford this 1-bedroom monthly rent price of $2,450.
For more information on rent affordability, visit our rent calculator.

Schools near 506 High St

Hawthorne Elementary School

2125 story st

san luis obispo, CA, 93401

K-6Public
A-

San Luis County Special Education

3360 ed dr

san luis obispo, CA, 93405

K-12Public

PEEP - PREPARE

1500 lizzie st

san luis obispo, CA, 93401

K-12Public

Pacific View Academy

1065 mesa view dr

arroyo grande, CA, 93420

K-12Public
B

Cayucos Elementary School

301 cayucos dr

cayucos, CA, 93430

K-8Public
A
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Internet available near 506 High St

Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around San Luis Obispo near 506 High St

Walking

6/10
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 506 High St, San Luis Obispo

Groceries

6/10
Wide variety of groceries within a short drive, including some within walking distance

Shopping

8/10
Wide variety of shops within a few minutes' walk

Cafes

8/10
Wide variety of cafés within a few minutes’ walk

Restaurants

8/10
Wide variety of restaurants within a few minutes’ walk

Primary schools

10/10
At least one elementary school within a 5-minute walk

High schools

7/10
At least one high school within a 15-minute walk

Nightlife

7/10
Wide variety of bars within a short drive, including some within walking distance

Explore the area around 506 High St

Smart & Final Extra!
1321 Johnson Ave
San Luis Oriental Market
1255 Monterey St
Ralphs
201 Madonna Rd
Sprouts Farmers Market
313 Madonna Rd
Laurel Lane Market
1291 Laurel Ln

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