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Highlights

  • Prime location
  • On-site laundry
  • Off-street parking
  • Spacious living space
  • Off street parking
  • Pet friendly

Location

1127 Walnut St, San Luis Obispo, CA 93401, USA
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Contact

Management

Era Management Co., Inc

Leasing office

(805) 439-9802 ext. 2

Property Overview

Walnut Properties is highly rated with an overall Zumper score of 8.5, showcasing its competitive pricing at 9 out of 10, excellent amenities rated 10 out of 10, and a prime location at 9 out of 10. Noteworthy features include spacious living areas, on-site laundry, and off-street parking, complemented by a strong trustworthiness rating of 8 out of 10. With close proximity to public transport and a comprehensive visual overview provided through 44 photos, it presents an attractive option 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.

Zumper Expert Rating

8.5
Very Good
With a solid 8.5 out of 10 overall, Walnut Properties is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Walnut Properties has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Images Available
  • Laundry available on site
  • Outdoor space

Floor plans

Front House - 11273 bed3 bath975 sqft$4,600 /mo1 unit availableNewly Renovated 3 bed 3 bath - virtual tour: https youriguide com 969b2583-ef61-4188-8d46-d951a196923b Lease: The lease would end on 5/23/27. Looking for a spacious and convenient apartment rental close to Cal Poly San Luis Obispo? Look no further than this stunning 3 bedroom, 3 bathroom unit! This charming apartment is located in a prime location just a short distance from Cal Poly San Luis Obispo, making it the perfect choice for those who want to be close to campus. Inside the apartment, you'll find a spacious and well-appointed living space that's perfect for relaxing and entertaining. The unit features three bedrooms, each with plenty of natural light. Other features of this amazing apartment include on-site laundry and off-street parking. So why wait? Contact us today to schedule a showing and experience the very best in apartment living near Cal Poly San Luis Obispo! UTILITIES: Resident responsible for all utilities. PARKING: Off Street Assigned Parking $50/mo added garage usage $50/mo PETS: Pet Friendly (Dogs up to 35lbs), monthly pet fee of $75 Please contact our office through our website or email us at **** for more information. *Photos and square footage are for marketing purposes only.

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Amenities for Walnut Properties

Apartment Amenities

Private YardSingle Car Garage

Building

Onsite Laundry

Grounds

Assigned ParkingGarage Parking
Outdoor SpaceYard

Other

Resident Responsible for All Utilities
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

Parking Policy

Assigned Parking

Garage Parking

Questions about this property’s policies and fees?

Building details

Property details

Units6
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About Walnut Properties

HomeApartments in San Luis Obispo Walnut Properties

Newly Renovated 3 bed 3 bath - virtual tour: https youriguide com 969b2583-ef61-4188-8d46-d951a196923b Lease: The lease would end on 5/23/27. Looking for a spacious and convenient apartment rental close to Cal Poly San Luis Obispo? Look no further than this stunning 3 bedroom, 3 bathroom unit! This charming apartment is located in a prime location just a short distance from Cal Poly San Luis Obispo, making it the perfect choice for those who want to be close to campus. Inside the apartment, you'll find a spacious and well-appointed living space that's perfect for relaxing and entertaining. The unit features three bedrooms, each with plenty of natural light. Other features of this amazing apartment include on-site laundry and off-street parking. So why wait? Contact us today to schedule a showing and experience the very best in apartment living near Cal Poly San Luis Obispo! UTILITIES: Resident responsible for all utilities. PARKING: Off Street Assigned Parking $50/mo added garage usage $50/mo PETS: Pet Friendly (Dogs up to 35lbs), monthly pet fee of $75 Please contact our office through our website or email us at **** for more information. *Photos and square footage are for marketing purposes only.


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.
8.5
/10
Very Good
With a solid 8.5 out of 10 overall, Walnut Properties is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Walnut Properties has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
How we rated Walnut Properties
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.
Walnut Properties 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·10A 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.
Walnut Properties stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks, making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Walnut Properties 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 Walnut Properties does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A 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.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

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 Walnut Properties compares to other nearby properties.

Positives

Images Available
There are at least 10 photos of this address
Laundry available on site
Washers and dryers are available in-building or in-unit
Outdoor space
Easy access to the outdoors

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 1 mile away

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Rent trends in San Luis Obispo

3-bedroom apartments at Walnut Properties cost about 10% more than the average rent price for 3-bedroom apartments in San Luis Obispo.

Median rents as of Apr 25 2026.
San Luis Obispo
A table of studio rental data trends in San Luis Obispo
MonthMedian Rent
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$1,917
January 2026$1,896
February 2026$1,875
March 2026$1,855
April 2026$1,825

Affordability calculator

Can I afford to live at 1127 Walnut St?

Bedrooms

3 bedrooms

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

$184,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $184,000 annually to afford this 3-bedrooms monthly rent price of $4,600.
For more information on rent affordability, visit our rent calculator.

Schools near Walnut Properties

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

Hawthorne Elementary School

2125 story st

san luis obispo, CA, 93401

K-6Public
A-

Cayucos Elementary School

301 cayucos dr

cayucos, CA, 93430

K-8Public
A
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Internet available near Walnut Properties

Getting around San Luis Obispo near 1127 Walnut St

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
More spots are within biking distance and some roads are cyclist-friendly.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 1127 Walnut St, San Luis Obispo

Groceries

8/10
At least one grocery store within a few minutes' walk

Shopping

6/10
Variety of shops within walking distance

Cafes

5/10
Some cafés within walking distance

Restaurants

7/10
Variety of restaurants within walking distance

Primary schools

8/10
At least one elementary school within a 10-minute walk

High schools

7/10
At least one high school within a 20-minute walk

Nightlife

3/10
Few or no bars within walking distance

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