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Cheap Apartments for Rent in San Luis Obispo, CA

57 rentals

0312 740 W. Foothill - Photo 1 of 1

5d+ ago

8.4

Very good

0312 740 W. Foothill

740 W Foothill Blvd, San Luis Obispo, CA 93405

Affordable

1 bed

0 baths

$1,200

Apartment for rent

680 Chorro St #22 - Photo 1 of 1

5d+ ago

Cheap condo for rent in San Luis Obispo

680 Chorro St #22, San Luis Obispo, CA 93401

Affordable | Dishwasher

2 beds

1 bath

$1,250

Condo for rent

5d+ ago

8.3

Very good

572 E Foothill LLC

572 E Foothill Blvd, San Luis Obispo, CA 93405

Affordable | On-site laundry

1–2 beds

1–2 baths

$1,600–$2,200

Apartment for rent

Top amenities
On-Site Laundry
Montalban Student Housing Apartments - Photo 1 of 1

3d ago

7.9

Very good

Montalban Student Housing Apartments

1121 Montalban St, San Luis Obispo, CA 93405

Affordable | In-unit laundry | Dishwasher

2 beds

1 bath

$1,650–$1,675

Apartment for rent

Top amenities
In-Unit Laundry
0311 - 1340 Phillips & 660 Johnson - Photo 1 of 1

1d ago

8

Very good

0311 - 1340 Phillips & 660 Johnson

1340 Phillips Ln, San Luis Obispo, CA 93401

Affordable | On-site laundry

1–2 beds

1–2 baths

$1,695–$2,200

Apartment for rent

Top amenities
On-Site Laundry
1837 Chorro St - Photo 1 of 1

5d+ ago

Cheap house for rent in San Luis Obispo

1837 Chorro St, San Luis Obispo, CA 93401

Affordable | In-unit laundry | Garage parking

2 beds

1 bath

$2,200

House for rent

Available Jul 1

Top amenities
In-Unit Laundry

Nearby rental good for eco-living

Nearby rental good for pet owners

$2,650

603 Johnson Ave

0044 885-897 Leff Street - Photo 1 of 1

1d ago

8.5

Very good

0044 885-897 Leff Street

885 Leff St, San Luis Obispo, CA 93401

Affordable | Swimming pool

2 beds

1 bath

$2,395

Apartment for rent

421 Dana St - Photo 1 of 1

2d ago

8.5

Very good

421 Dana St

421 Dana St, San Luis Obispo, CA 93401

Affordable

2 beds

1 bath

$2,400

Apartment for rent

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880 Leff St. - Photo 1 of 1

2d ago

8.5

Very good

880 Leff St.

880 Leff St, San Luis Obispo, CA 93401

Affordable | Dishwasher

2 beds

1 bath

$2,400

Apartment for rent

1614 Santa Rosa Street - Photo 1 of 1

5d+ ago

8.5

Very good

1614 Santa Rosa Street

1614 Santa Rosa St, San Luis Obispo, CA 93401

Affordable

2 beds

1 bath

$2,400

Apartment for rent

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Find sweet deals in San Luis Obispo

These rentals are 10%-30% cheaper than the local average price for similar rentals.

$1,695–$2,200

1340 Phillips Ln

$2,200

1837 Chorro St

$2,250

157 Casa St

$2,395

885 Leff St

817 Boysen Ave #24 - Photo 1 of 1

5d+ ago

Cheap apartment for rent in San Luis Obispo

817 Boysen Square

817 Boysen Ave #24, San Luis Obispo, CA 93405

Affordable | On-site laundry | Garage parking

2 beds

1 bath

$2,400

Apartment for rent

Top amenities
Ceiling Fan
Garage Parking
Hardwood Floor
On-Site Laundry
On-Site Management
805 Boysen Ave #14 - Photo 1 of 1

5d+ ago

Cheap apartment for rent in San Luis Obispo

805 Boysen Square

805 Boysen Ave #14, San Luis Obispo, CA 93405

Affordable | On-site laundry | Garage parking

2 beds

1 bath

$2,400

Apartment for rent

Top amenities
Garage Parking
On-Site Laundry
On-Site Management
Storage
722 Boysen Ave - Photo 1 of 1

5d+ ago

Cheap apartment for rent in San Luis Obispo

Affordable | On-site laundry

2 beds

1 bath

$2,400

Apartment for rent

Available Aug 11

Top amenities
On-Site Laundry
Branch-South - Photo 1 of 1

5d+ ago

8.3

Very good

Branch-South

Branch-South, San Luis Obispo, CA 93401

Affordable

2 beds

1 bath

$2,450

Apartment for rent

1420 Morro St - Photo 1 of 1

5d+ ago

Cheap apartment for rent in San Luis Obispo

1420 Morro St, San Luis Obispo, CA 93401

Affordable | Garage parking | Storage

2 beds

1 bath

$2,450

Apartment for rent

Available May 13

476 South St #476SC - Photo 1 of 1

5d+ ago

Cheap apartment for rent in San Luis Obispo

Branch-South - 476S.C

476 South St #476SC, San Luis Obispo, CA 93401

Affordable

2 beds

1 bath

$2,450

Apartment for rent

Available Apr 1

0132 183 Stenner Street - Photo 1 of 1

1d ago

8.5

Very good

0132 183 Stenner Street

183 Stenner St, San Luis Obispo, CA 93405

Affordable | In-unit laundry

2 beds

1 bath

$2,500

Price drop

Apartment for rent

Top amenities
In-Unit Laundry
1043 Southwood Dr #L - Photo 1 of 1

4d ago

Cheap condo for rent in San Luis Obispo

1043 Southwood Dr #L, San Luis Obispo, CA 93401

Affordable | On-site laundry | Assigned parking

2 beds

2 baths

$2,550

Condo for rent

Top amenities
On-Site Laundry
Storage
Swimming Pool
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0026 634 Couper, #A & #B - Photo 1 of 1

1d ago

8.3

Very good

0026 634 Couper, #A & #B

634 Couper Dr, San Luis Obispo, CA 93405

Affordable | In-unit laundry

2 beds

1 bath

$2,600

Price drop

Apartment for rent

Top amenities
In-Unit Laundry
0053 2935 Augusta #1-8 - Photo 1 of 1

1d ago

8.5

Very good

0053 2935 Augusta #1-8

2935 Augusta St, San Luis Obispo, CA 93401

Affordable | On-site laundry | Dishwasher

2 beds

1 bath

$2,600

Apartment for rent

Top amenities
On-Site Laundry
3240 Broad Street #200 - Photo 1 of 1

4d ago

8.3

Very good

3240 Broad Street #200

3240 Broad St, San Luis Obispo, CA 93401

Affordable

2 beds

1 bath

$2,600

Apartment for rent

1338 Galleon Way - Photo 1 of 1

5d+ ago

Cheap apartment for rent in San Luis Obispo

1338 Galleon Way, San Luis Obispo, CA 93405

Affordable | Dishwasher

2 beds

1.5 baths

$2,600

Apartment for rent

1750 Prefumo Canyon Rd #37 - Photo 1 of 1

5d+ ago

Cheap condo for rent in San Luis Obispo

Condominium - San Luis Obispo, CA

1750 Prefumo Canyon Rd #37, San Luis Obispo, CA 93405

Affordable | On-site laundry | Assigned parking

2 beds

1 bath

$2,800

$2,600

Price drop

Condo for rent

Top amenities
On-Site Laundry
603 Johnson Ave - Photo 1 of 1

3d ago

8.5

Very good

603 Johnson Ave

603 Johnson Ave, San Luis Obispo, CA 93401

Affordable | Oven

2 beds

1 bath

$2,650

Apartment for rent

1355 Cavalier Ln - Photo 1 of 1

5d+ ago

Cheap house for rent in San Luis Obispo

1355 Cavalier Ln, San Luis Obispo, CA 93405

Affordable | Dishwasher

3 beds

1.5 baths

$3,000

House for rent

1731 Santa Rosa Street - Photo 1 of 1

1d ago

8.3

Very good

1731 Santa Rosa Street

1731 Santa Rosa St, San Luis Obispo, CA 93401

Affordable | In-unit laundry | Oven

3 beds

1–2 baths

$3,300–$4,500

Apartment for rent

Top amenities
In-Unit Laundry
Advertisement
1273 Ella St - Photo 1 of 1

5d+ ago

Cheap house for rent in San Luis Obispo

1273 Ella St, San Luis Obispo, CA 93401

Affordable | In-unit laundry | Assigned parking

4 beds

1 bath

$3,300

House for rent

Available May 4

Top amenities
In-Unit Laundry
On-Site Management
Package Service
1411 Johnson Ave - Photo 1 of 1

5d+ ago

Cheap house for rent in San Luis Obispo

House for rent

961 W Foothill Blvd - Photo 1 of 1

5d+ ago

Cheap house for rent in San Luis Obispo

Single Family Residence - San Luis Obispo, CA

961 W Foothill Blvd, San Luis Obispo, CA 93405

Affordable | Storage | High ceilings

3 beds

1 bath

$3,375

House for rent

1835 Garden Street - Photo 1 of 1

1d ago

8.6

Very good

1835 Garden Street

1835 Garden St, San Luis Obispo, CA 93401

Affordable

3 beds

2 baths

$3,400

Apartment for rent

1206 Galleon Way - Photo 1 of 1

2d ago

7.9

Very good

1206 Galleon Way

1206 Galleon Way, San Luis Obispo, CA 93405

Affordable | Dishwasher | Oven

3 beds

2 baths

$3,400

Price drop

Apartment for rent

1106 Oceanaire Dr #41 - Photo 1 of 1

2d ago

Cheap condo for rent in San Luis Obispo

1106 Oceanaire Dr #41, San Luis Obispo, CA 93405

Affordable

3 beds

2.5 baths

$3,800

$3,500

Price drop

Condo for rent

983 W Foothill Blvd - Photo 1 of 1

5d+ ago

Cheap house for rent in San Luis Obispo

Single Family Residence - San Luis Obispo, CA

983 W Foothill Blvd, San Luis Obispo, CA 93405

Affordable | Storage | High ceilings

3 beds

1 bath

$3,600

House for rent

1824 Nipomo St - Photo 1 of 1

5d+ ago

Cheap house for rent in San Luis Obispo

1824 Nipomo St, San Luis Obispo, CA 93401

Affordable | In-unit laundry

3 beds

1 bath

$3,700

House for rent

Top amenities
In-Unit Laundry
Advertisement
2537 Greta Pl - Photo 1 of 1

5d+ ago

Cheap house for rent in San Luis Obispo

2537 Greta Pl, San Luis Obispo, CA 93401

Affordable | In-unit laundry | Garage parking

3 beds

1 bath

$3,895

House for rent

Top amenities
In-Unit Laundry
905 Madonna Rd Unit 18 - Photo 1 of 1

5d+ ago

Cheap townhouse for rent in San Luis Obispo

905 Madonna Rd Unit 18, San Luis Obispo, CA 93405

Affordable | In-unit laundry | Garage parking

3 beds

3.5 baths

$3,950

House for rent

Top amenities
Carpet
Dishwasher
EV Charging
Garage Parking
In-Unit Laundry
On-Site Laundry
810 Lawrence Dr - Photo 1 of 1

5d+ ago

Cheap condo for rent in San Luis Obispo

810 Lawrence Dr, San Luis Obispo, CA 93401

Affordable | In-unit laundry | Dishwasher

3 beds

2.5 baths

$4,000

Condo for rent

Top amenities
In-Unit Laundry
515 Mitchell Dr - Photo 1 of 1

5d+ ago

Cheap house for rent in San Luis Obispo

515 Mitchell Dr, San Luis Obispo, CA 93401

Affordable | In-unit laundry

3 beds

1.5 baths

$4,000

House for rent

Top amenities
In-Unit Laundry
1802 Lima Dr - Photo 1 of 1

5d+ ago

Cheap house for rent in San Luis Obispo

1802 Lima Dr, San Luis Obispo, CA 93405

Affordable | In-unit laundry | Dishwasher

4 beds

2 baths

$4,200

House for rent

Available Mar 26

Top amenities
Dishwasher
Hardwood Floor
In-Unit Laundry
3189 Flora St - Photo 1 of 1

5d+ ago

Cheap house for rent in San Luis Obispo

3189 Flora St, San Luis Obispo, CA 93401

Affordable | In-unit laundry | Dishwasher

4 beds

2 baths

$4,500

House for rent

Top amenities
In-Unit Laundry
3573 Johnson Ave - Photo 1 of 1

5d+ ago

Cheap house for rent in San Luis Obispo

3573 Johnson Ave, San Luis Obispo, CA 93401

Affordable | Garage parking | Dishwasher

4 beds

2 baths

$4,600

House for rent

Mill 1220 - Photo 1 of 1

4d ago

8.8

Very good

Mill 1220

1220 Mill St, San Luis Obispo, CA 93401

Affordable | In-unit laundry

4 beds

2 baths

$5,000

Price drop

Apartment for rent

Top amenities
In-Unit Laundry
Advertisement
1559 Royal Way #NA - Photo 1 of 1

5d+ ago

Cheap house for rent in San Luis Obispo

Lovely 4 bedroom home, 2 car garage, washer, dryer, Fridge - Laguna Lake Area (Quiet Neighborhood)

1559 Royal Way #NA, San Luis Obispo, CA 93405

Affordable | In-unit laundry | Garage parking

4 beds

2 baths

$5,500

$5,000

Price drop

House for rent

Available Jul 2

Top amenities
Dishwasher
In-Unit Laundry
On-Site Laundry
0350 1814 Osos St. - Photo 1 of 1

1d ago

8.8

Very good

0350 1814 Osos St.

1814 Osos St, San Luis Obispo, CA 93401

Affordable | In-unit laundry | Dishwasher

4 beds

2 baths

$5,200

Price drop

Apartment for rent

Top amenities
In-Unit Laundry
TV
527 Stoneridge Dr - Photo 1 of 1

5d+ ago

Cheap house for rent in San Luis Obispo

527 Stoneridge Dr, San Luis Obispo, CA 93401

Affordable | Garage parking | Fireplace

4 beds

2 baths

$5,350

House for rent

Islay Street 770-774 - Photo 1 of 1

4d ago

8.4

Very good

Islay Street 770-774

770 Islay St, San Luis Obispo, CA 93401

Affordable

5 beds

2 baths

$5,500

Apartment for rent

1845 Morro St - Photo 1 of 1

2d ago

Cheap house for rent in San Luis Obispo

1845 Morro St, San Luis Obispo, CA 93401

Affordable | In-unit laundry

5 beds

3 baths

$6,900

$6,500

Price drop

House for rent

Top amenities
In-Unit Laundry
Showing 1 - 47 of 47 results
Home > Apartments in San Luis Obispo > San Luis Obispo Cheap Apartments For Rent
Updated: May 6, 2026

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Looking for cheap apartments in San Luis Obispo, CA near you?

💸Lowest price$1,200
🔑Available apartment rentals57
💰Best rent deal740 W Foothill Blvd
✨Popular amenities, ,
🧦In-unit laundry
🏠With photos

For more in depth rent prices, check out our San Luis Obispo, CA rent data, which covers average and median rents in San Luis Obispo, CA.

To know how much rent you can afford in San Luis Obispo, CA, use our rent affordability calculator.

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