Bedroom count
Property type
Last updated on July 7, 2026
Last updated on July 7, 2026
Bedroom count
Property type
San Luis Obispo, CA rent rose 5.1% year over year, with a current median of $2,798/month. Renters are paying $181 more per month on average than last year, though rent has eased 1.7% month over month after peaking at $3,200 in March 2026.
San Luis Obispo runs 43.5% more expensive than the $1,950/month national median, placing it among pricier California metros with a relatively small total rental inventory of 179 units.
Studios and 1-bedrooms in San Luis Obispo are close in price at around $1,975 to $1,988/month, while 2-bedrooms rise to $2,750/month. Larger units and houses reach higher medians, with 4+ bedrooms at $5,000/month and houses at $4,200/month, covering a broad spectrum of rental costs.
Median rent in San Luis Obispo
$2,797/mo
vs previous year
The average rent in San Luis Obispo is $2,797 per month as of July 2026. This is 43% above the national average rent, or $847 more per month.
average price per square foot
Available rentals in San Luis Obispo
179
for rent on Zumper.com as of July 2026
Share of San Luis Obispo rentals at each price point
Average rent prices in San Luis Obispo have decreased by 2% over the last month and have increased by 5% 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 $2,395, whereas a house costs $4,200. 1-bedroom apartments in San Luis Obispo run $1,995 on average, while 2-bedroom apartments are $2,600.
Listings | ||||
|---|---|---|---|---|
Studio | $1,987 | 2% | 1% | |
1 bedroom | $1,975 | 1% | 5% | |
2 bedroom | $2,750 | 3% | 5% | |
3 bedroom | $3,997 | 2% | No Change | |
4 bedroom | $5,000 | 6% | 2% |
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 | $2,395 | 1% | No Change | |
Condos | $2,950 | 5% | No Change | |
Houses | $4,200 | 1% | No Change | |
Rooms | $1,350 | No Change | - |
Studio
Average rent
$1,987
Last 30 days
2%
Last year
1%
1 bedroom
Average rent
$1,975
Last 30 days
1%
Last year
5%
2 bedroom
Average rent
$2,750
Last 30 days
3%
Last year
5%
3 bedroom
Average rent
$3,997
Last 30 days
2%
Last year
No Change
4 bedroom
Average rent
$5,000
Last 30 days
6%
Last year
2%
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
$2,395
Last 30 days
1%
Condos
Average rent
$2,950
Last 30 days
5%
Houses
Average rent
$4,200
Last 30 days
1%
Rooms
Average rent
$1,350
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 1% lower 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 $2,797 per month as of July 4, 2026.
Average rent prices in San Luis Obispo have decreased by 2% over the last month and have increased by 5% since last year.
Rent in San Luis Obispo is 43% above the national average, which means renters are paying approximately $847 more per month.
To comfortably afford rent in San Luis Obispo, you'd need to earn approximately $112,000/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).