Updated 5+ Days Ago
Location
240 Aspen St, Arroyo Grande, CA 93420, USA
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Property Overview
Aspen 240 earns a strong overall impression with an 8.3 expert rating, driven by standout value, a highly rated location, and solid amenities. Its onsite laundry room adds convenience, and the property is presented as a transparent, well-described option with a good balance of price and features.
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
Pet friendly
Floor plans
| Aspen 240 - 13 | 1 bed | 1 bath | $1,850 /mo | Welcome to 240 Aspen Way Unit #13 located in Arroyo Grande, CA. This is a one-story 1-bedroom, 1 bathroom apartment. Included Appliances: Refrigerator, Oven/Stove. Onsite Laundry Room is available for tenants. Landlord pays for Gas and Garbage utilities. Tenant pays for Water, Electricity, and all other optional utilities. Apartment comes with 1 covered carport. This is a non-smoking complex. Pets are allowed with landlord approval. Pet Rent is $25.00 Per Month. Renters insurance required. Minimum 1 Year Lease. No Subleasing. | |||
| Aspen 240 - 10 | 2 bed | 1 bath | $2,300 /mo | Welcome to 240 Aspen Way Unit #10 located in Arroyo Grande, CA. This is a one-story 2-bedroom, 1 bathroom apartment with private balcony. Included Appliances: All new Refrigerator, Oven/Stove. Onsite Laundry Room is available for tenants. Landlord pays for Gas and Garbage utilities. Tenant pays for Water, Electricity, and all other optional utilities. Apartment comes with 1 covered carport. This is a non-smoking complex. Pets are allowed with landlord approval. Pet Rent is $25.00 Per Month. Renters insurance required. Minimum 1 Year Lease. No Subleasing. |
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Policies and fees
Applicants
Application Fee
Per-applicant. Agent application fee.
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REQUIRED FEES
Security Deposit
One-time.
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Questions about this property’s policies and fees?
Building details
Property details
| Units | 2 |
|---|
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About Aspen 240
Welcome to 240 Aspen Way Unit #13 located in Arroyo Grande, CA. This is a one-story 1-bedroom, 1 bathroom apartment. Included Appliances: Refrigerator, Oven/Stove. Onsite Laundry Room is available for tenants. Landlord pays for Gas and Garbage utilities. Tenant pays for Water, Electricity, and all other optional utilities. Apartment comes with 1 covered carport. This is a non-smoking complex. Pets are allowed with landlord approval. Pet Rent is $25.00 Per Month. Renters insurance required. Minimum 1 Year Lease. No Subleasing.
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, Aspen 240 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Aspen 240 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.
Aspen 240 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, Aspen 240 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.
Aspen 240 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 Aspen 240 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.
Aspen 240 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 Aspen 240 compares to other nearby properties.
Positives
- Pet friendly
- This property allows pets
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
- Lacks images
- Fewer than 10 photos available for this location
- No in-unit dishwasher
- Dishwashers aren't available
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Rent trends in Arroyo Grande
1-bedroom apartments here are priced 15% lower than 1-bedrooms in Arroyo Grande.
If you decide to upgrade your space, you can expect 2-bedrooms at Aspen 240 to be 6% less than the average for similarly sized apartments in Arroyo Grande.
Median rents as of Sep 5 2026.
Arroyo Grande
| Month | Median Rent |
|---|---|
| October 2024 | $1,691 |
| November 2024 | $1,712 |
| August 2026 | $2,000 |
| September 2026 | $1,950 |
Affordability calculator
Can I afford to live at 240 Aspen St?
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
$74,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $74,000 annually to afford this 1-bedroom monthly rent price of $1,850.
For more information on rent affordability, visit our rent calculator.
Schools near Aspen 240
Harloe Elementary School
901 fair oaks ave
arroyo grande, CA, 93420
K-6Public
B+
Pacific View Academy
1065 mesa view dr
arroyo grande, CA, 93420
K-12Public
B
CommUnify Maggie Espinoza Center
130 tognazzini ave
guadalupe, CA, 93434
PKPublic
San Luis County Special Education
3360 ed dr
san luis obispo, CA, 93405
K-12Public
CommUnify Alvin Center
316 east mcelhany
santa maria, CA, 93454
PKPublic
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Internet available near Aspen 240
Getting around Arroyo Grande near 240 Aspen 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
4/10
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 240 Aspen St, Arroyo Grande
Groceries
8/10
Wide variety of groceries within a few minutes' walk
Shopping
6/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
7/10
Wide variety of cafés within a short drive, including some within walking distance
Restaurants
7/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
7/10
At least one elementary school within a 15-minute walk
High schools
1/10
Closest high school further than a 30-minute walk
Nightlife
3/10
Some bars within a short drive
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