Bedroom count
Property type
Last updated on May 23, 2026
Last updated on May 23, 2026
Bedroom count
Property type
San Luis Obispo, CA rent rose 9.1% year over year, with a current median of $3,000/month. Renters are paying $272 more per month than last year, though rent remains 3.1% below the peak of $3,200/month reached two months ago. The market offers 211 total rentals.
San Luis Obispo runs roughly 1.5× the $1,949/month national median, placing it among pricier California metros. This positioning reflects the city's higher cost relative to the national market.
Studios rent for $1,800/month, 1-bedrooms for $2,200/month, and 2-bedrooms for $2,950/month. Larger units reach $6,000/month for 4+ bedrooms, with the 4+ bedroom segment showing a 10.1% year-over-year decline, diverging from the citywide trend.
Studio rents in San Luis Obispo fell 10.6% year over year, contrasting with the overall city increase. The 4+ bedroom segment also declined by 10.1%, showing variation within the city's rental market.
Median rent in San Luis Obispo
$3,000/mo
vs previous year
The average rent in San Luis Obispo is $3,000 per month as of May 2026. This is 54% above the national average rent, or $1,051 more per month.
average price per square foot
Available rentals in San Luis Obispo
211
for rent on Zumper.com as of May 2026
Share of San Luis Obispo rentals at each price point
Average rent prices in San Luis Obispo have increased by 3% over the last month and have increased by 9% since last year.
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Rent prices in San Luis Obispo vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in San Luis Obispo is $2,500, whereas a house costs $4,600. 1-bedroom apartments in San Luis Obispo run $2,200 on average, while 2-bedroom apartments are $2,650.
Listings | ||||
|---|---|---|---|---|
Studio | $1,800 | 4% | 18% | |
1 bedroom | $2,200 | No Change | 2% | |
2 bedroom | $2,950 | No Change | 1% | |
3 bedroom | $4,200 | 1% | 4% | |
4 bedroom | $6,000 | 13% | 7% |
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in San Luis Obispo, CA.
Listings | ||||
|---|---|---|---|---|
Apartments | $2,500 | 3% | No Change | |
Condos | $3,200 | 4% | No Change | |
Houses | $4,600 | 7% | No Change | |
Rooms | $1,175 | 4% | - |
Studio
Average rent
$1,800
Last 30 days
4%
Last year
18%
1 bedroom
Average rent
$2,200
Last 30 days
No Change
Last year
2%
2 bedroom
Average rent
$2,950
Last 30 days
No Change
Last year
1%
3 bedroom
Average rent
$4,200
Last 30 days
1%
Last year
4%
4 bedroom
Average rent
$6,000
Last 30 days
13%
Last year
7%
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in San Luis Obispo, CA.
Apartments
Average rent
$2,500
Last 30 days
3%
Condos
Average rent
$3,200
Last 30 days
4%
Houses
Average rent
$4,600
Last 30 days
7%
Rooms
Average rent
$1,175
Last 30 days
4%
The table above reflects average rent prices in San Luis Obispo, CA, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.
Compare median rent prices in San Luis Obispo and Arroyo Grande by all bedroom counts and property types.
San Luis Obispo
higher than the national median
higher than the national median
Takeaway
The median rent for all rentals in San Luis Obispo, CA is 3% higher than the median rent in Arroyo Grande, CA.
Explore rent trends in neighboring markets
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Quick answers to common questions about the San Luis Obispo rental market.
The average rent in San Luis Obispo is $3,000 per month as of May 16, 2026.
Average rent prices in San Luis Obispo have increased by 3% over the last month and have increased by 9% since last year.
Rent in San Luis Obispo is 54% above the national average, which means renters are paying approximately $1,051 more per month.
To comfortably afford rent in San Luis Obispo, you'd need to earn approximately $120,000/year, based on spending no more than 30% of your income on rent.
San Luis Obispo one-bedroom apartments averaged around $2,000 per month in 2025, while two-bedroom units averaged around $2,800 per month. These figures reflect current market conditions following recent rent adjustments across different apartment sizes.
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).