




- Student Housing
- Studio–4 Bedrooms
- $1,150-$2,253 Pricing
- 376–4,500 Square Feet
About Mustang I Townhome
Mustang Village is more than just a place to store your stuff; it's a community designed with you in mind, a social and academic crossroads, a center where your day begins and ends. Our spacious apartments are filled with unique features intended to ensure that our residents are comfortable. The fully furnished apartments, on-site community park, and planned activities will help you feel so much at home you'll never want to leave!
Mustang I Townhome is located in the 93405 Zip code of San Luis Obispo, CA. This community is professionally managed by Asset Campus Housing, Inc.
Property Contact Info

- Listed by:
- Agency:
- Vendor Logo:
- Website:
- View Property Website
- Call Us:
- (805) 321-1377
- Disclaimer:
Office Hours
| Monday | 9:00 am–7:00 pm |
| Tuesday | 9:00 am–7:00 pm |
| Wednesday | 9:00 am–7:00 pm |
| Thursday | 9:00 am–7:00 pm |
| Friday | 9:00 am–7:00 pm |
| Saturday | 10:00 am–5:00 pm |
| Sunday | Closed |
Floorplan Pricing and Availability
Mustang I Townhome offers Studio to 4 Bedroom apartments starting from $1,150 and having 376–4,500 sq ft. Here is the current pricing and availability:
New! Interactive Property Map
Studio
Studio Classic Renovated
$2,070
Studio, 1 Bath, 376 sq ftAvailable Aug 15Cheapest StudioThis is the cheapest Studio at this PropertyAvailability Details
Price Availability Date Unit Sq Ft $2,070 August 15, 2026 Private 376 Model Amenities and Features
Features
- Cable Ready
- Ceiling Fans
- Heating
- High Speed Internet Access
- Smoke Free
- Tub/Shower
Kitchen
- Dishwasher
- Disposal
- Freezer
- Microwave
- Oven
- Range
- Refrigerator
Unit Private Rent and Fees
Unit Price
- $2,070
Model Rent and Fees
Price
- $2,070
Apartment Unit: PrivateApartment Model: Studio Classic Renovated$2,070Studio, 1 Bath, 376 sq ftAvailable August 15, 2026Studio Creekside Renovated
$2,102
Studio, 1 Bath, 376 sq ftAvailable Aug 15Availability Details
Price Availability Date Unit Sq Ft $2,102 August 15, 2026 Private 376 Model Amenities and Features
Features
- Cable Ready
- Ceiling Fans
- Heating
- High Speed Internet Access
- Smoke Free
- Tub/Shower
Kitchen
- Dishwasher
- Disposal
- Freezer
- Microwave
- Oven
- Range
- Refrigerator
Unit Private Rent and Fees
Unit Price
- $2,102
Model Rent and Fees
Price
- $2,102
Apartment Unit: PrivateApartment Model: Studio Creekside Renovated$2,102Studio, 1 Bath, 376 sq ftAvailable August 15, 2026Studio Balcony Renovated
$2,253
Studio, 1 Bath, 376 sq ftAvailable Aug 15Availability Details
Price Availability Date Unit Sq Ft $2,253 August 15, 2026 Private 376 Model Amenities and Features
Features
- Cable Ready
- Ceiling Fans
- Heating
- High Speed Internet Access
- Smoke Free
- Tub/Shower
Kitchen
- Dishwasher
- Disposal
- Freezer
- Microwave
- Oven
- Range
- Refrigerator
Unit Private Rent and Fees
Unit Price
- $2,253
Model Rent and Fees
Price
- $2,253
Apartment Unit: PrivateApartment Model: Studio Balcony Renovated$2,253Studio, 1 Bath, 376 sq ftAvailable August 15, 20262 Bedrooms
Show Unavailable Floorplans2x2 TH
From $1,150
2 Beds, 2 Baths, 944 sq ftAvailable Aug 15Cheapest 2 BedroomThis is the cheapest 2 Bedroom at this PropertyAvailability Details
Price Availability Date Unit Sq Ft View Details $1,919 August 15, 2026 Private 944 $1,150 August 15, 2026 Shared 944 Model Amenities and Features
Features
- Cable Ready
- Ceiling Fans
- Heating
- High Speed Internet Access
- Smoke Free
- Tub/Shower
Kitchen
- Dishwasher
- Disposal
- Freezer
- Microwave
- Oven
- Range
- Refrigerator
Model Rent and Fees
Model Price Range
- $1,150 - $1,919
Unit Private Rent and Fees
Unit Price
- $1,919
Model Rent and Fees
Model Price Range
- $1,150 - $1,919
Unit Shared Rent and Fees
Unit Price
- $1,150
Model Rent and Fees
Model Price Range
- $1,150 - $1,919
Apartment Unit: PrivateApartment Model: 2x2 TH$1,9192 Bedroom, 2 Bath, 944 sq ftAvailable August 15, 2026Apartment Unit: SharedApartment Model: 2x2 TH$1,1502 Bedroom, 2 Bath, 944 sq ftAvailable August 15, 20262x2 TH Upgraded
From $1,185
2 Beds, 2 Baths, 944 sq ftAvailable Aug 15Availability Details
Price Availability Date Unit Sq Ft View Details $2,115/person August 15, 2026 Private Upgraded 944 $1,185/person August 15, 2026 Shared Upgraded 944 Model Amenities and Features
Features
- Cable Ready
- Ceiling Fans
- Heating
- High Speed Internet Access
- Smoke Free
- Tub/Shower
Kitchen
- Dishwasher
- Disposal
- Freezer
- Microwave
- Oven
- Range
- Refrigerator
Model Rent and Fees
Model Price Range
- $1,185 - $2,115
Unit Private Upgraded Rent and Fees
Unit Price
- $2,115
Model Rent and Fees
Model Price Range
- $1,185 - $2,115
Unit Shared Upgraded Rent and Fees
Unit Price
- $1,185
Model Rent and Fees
Model Price Range
- $1,185 - $2,115
Apartment Unit: Private UpgradedApartment Model: 2x2 TH Upgraded$2,1152 Bedroom, 2 Bath, 944 sq ftAvailable August 15, 2026Apartment Unit: Shared UpgradedApartment Model: 2x2 TH Upgraded$1,1852 Bedroom, 2 Bath, 944 sq ftAvailable August 15, 20262x2 Flat
2 Beds, 2 Baths, 884 sq ftModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,874 Call for Availability 2x2 Flat 884 sq ft Model Amenities and Features
Features
- High Speed Internet Access
- Smoke Free
Model Rent and Fees
Model Price
- $1,874
Apartment Model: 2x2 Flat$1,8742 Bedroom, 2 Bath, 884 sq ftUnavailable![]()
2x2 Flat - Floorplan 3 Bedrooms
3x2 TH
3 Beds, 2 Baths, 1416 sq ftAvailability Details
Price Availability Date Unit Sq Ft $1,350 Call for Availability 3x2 TH 1416 sq ft Model Amenities and Features
Features
- Cable Ready
- Ceiling Fans
- Heating
- High Speed Internet Access
- Smoke Free
- Tub/Shower
Kitchen
- Dishwasher
- Disposal
- Freezer
- Microwave
- Oven
- Range
- Refrigerator
Model Rent and Fees
Model Price
- $1,350
4 Bedrooms
4x1 Flat
4 Beds, 1 Bath, 4500 sq ftModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,380 Call for Availability 4x1 Flat 4500 sq ft Model Amenities and Features
Features
- Cable Ready
- Ceiling Fans
- Heating
- High Speed Internet Access
- Smoke Free
- Tub/Shower
Kitchen
- Dishwasher
- Disposal
- Freezer
- Microwave
- Oven
- Range
- Refrigerator
Model Rent and Fees
Model Price
- $1,380
Apartment Model: 4x1 Flat$1,3804 Bedroom, 1 Bath, 4500 sq ftUnavailable![]()
4x1 Flat - Floorplan
Schedule a Tour
Property Information
- 513 Units
- 3 Stories
- Built in 1973
- Furnished
Lease Terms
- 12 mo
Fees and Policies
The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified.
Required Fees
One-Time Basics
- Due at Application
- Application FeeiCharged Per Applicant.$50.00
- Application Fee Per ApplicantiCharged per applicant.$30.00
- Due at Move-In
- Security DepositiCharged Per Unit.$650.00
Other Fees and Policies
Pet Fees
- Cat
- Pet DepositiMax of 2. Charged Per Pet.$300.00
- Monthly Pet FeeiMax of 2. Charged Per Pet.$35.00
- Dog
- Pet DepositiMax of 2. Charged Per Pet.$300.00
- Monthly Pet FeeiMax of 2. Charged Per Pet.$35.00
Max of 2. Dog.
Parking Info and Fees
- Surface Lot
- Covered
Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Features and Amenities
On-Site Services
- Package Service
- Community Wide Wi Fi
- Recycling
- Renters Insurance Program
- Laundry Facilities
Community Features
- Business Center
- Clubhouse
- Elevator
Outdoor Features
- Picnic Area
Recreation and Fitness
- Fitness Center
- Walking/Biking Trails
- Pool
Interior Features
- Heating
- Ceiling Fans
- High Speed Internet Access
- Tub/Shower
- Cable Ready
- Smoke Free
Kitchen Amenities
- Oven
- Range
- Refrigerator
- Dishwasher
- Microwave
- Disposal
- Freezer
Living Area Features
- Vinyl Flooring
- Window Coverings
Student Features
- Study Lounge

Map
- Shopping
- Colleges
- Grocery
- Medical

Map
Frequently Asked Questions about Mustang I Townhome
Where is Mustang I Townhome located?
Mustang I Townhome is located at 1 Mustang Dr, San Luis Obispo, CA
What is the current rent range at Mustang I Townhome?
Studio to 4 Bedroom Apartments at Mustang I Townhome currently range from $1,150 to $2,253
When is the leasing office open?
- The office Hours for Mustang I Townhome are
- Monday 9:00 am–7:00 pm
- Tuesday 9:00 am–7:00 pm
- Wednesday 9:00 am–7:00 pm
- Thursday 9:00 am–7:00 pm
- Friday 9:00 am–7:00 pm
- Saturday 10:00 am–5:00 pm
- Sunday Closed
Are pets allowed?
Call us today to find out our pet policy and if we allow pets
Lifestyle Ratings
Learn more about Lifestyle SearchRenters Reviews and Ratings
Meh
February 29, 2024 - Review from Apartments.comI really did not like living in mustang village. The proximity to school was very nice and a short walk however the laundry situation was awful. It’s $5 for one load and the app does not work in the physical laundry room, and it will also sometimes glitch and make you pay double. I tried to request a refund numerous times but it was very difficult and I have yet to see the money. Parking is also extremely expensive, I would recommend getting an assigned spot makes life 10x easier. Mustang ...village also has a mouse problem. The place was poorly built which lead to many holes in the wall therefore many mice have found their way into our home and others as well. I have had to trap over 3 mice myself even after submitting a request to get the situation fixed. It was an extremely frustrating situation. In general this place was built to mainly make a profit from the students without really any regard to their comfort. Thank you.Read MoreProperty Manager Responded
March 6, 2024We appreciate your feedback and apologize for the challenges you've experienced during your time at Mustang Village Apartments. We're sorry to hear about the issues with the laundry situation, parking, and mice problem. Your concerns are important to us, and we are actively working to address them and improve our residents' experiences. Please know that we take your feedback seriously and are committed to making necessary improvements. If you have any further concerns or need assistance, please don't hesitate to reach out to us directly. 805.783.2500 or at mustangvillage@assetliving.com Best, Mustang Village Management
Beats being homeless....?
April 27, 2022 - Review from Apartments.comIf you want to host massive parties, slam doors so hard your neighbors things fall over, punch walls at 3am, threaten other people, vandalize property, and blast your speakers at max 24/7, this is the place for you! You're in good company here. That's right, all this and more and management will not. do. a. single. thing! Don't forget world-class amenities such as extensive mold infestations, mold in the washers, walls so thin you can hear someone's AirPods, and cheap cardboard ...appliances/cabinets with a nice fresh coat of paint to hide it all. Do not live here unless you are about to literally be homeless. And say goodbye to your deposit. Record all interactions with management. And buy a gun.Read MoreProperty Manager Responded
May 19, 2022We regret that you have had an unpleasant experience. Resident satisfaction is extremely important to us. Please give us the opportunity to change your opinion. Your review is anonymous, so we ask that you contact us to rectify your concerns. We can be reached at 805-783-2500.Tracy Anders Community Manager
Mustang Village 2
December 7, 2020 - Review from Apartments.comMV is honestly one of the best apartments in SLO! the room sizes are AMAZING and I love being able to have a full bed instead of a twin XL. the laundry rooms are conveniently located throughout the property, although the machines are a little small so it does get expensive (if you're doing bigger loads of laundry). These apartments are also very conveniently located close to campus & other dining options. There are some instances where it gets a little noisy, but I haven't heard of any college ...town apartments that are 100% quiet :)Read MoreProperty Manager Responded
December 17, 2020We really appreciate you taking the time to leave this positive review! Your time is valuable, and you spent some of that time to compliment us – THANK YOU SO MUCH! Let us know what we can do to keep you happy! Our management office is open M-F 9-7 805-783-2500 mustangvillage@assetliving.comTracy Anders-Community Manager
Great place to live
December 7, 2020 - Review from Apartments.comI live in a two bedroom townhome in Mustang. The courtyards are kept up and are very nice. My apartment is nice few things need updating or fixed but still very nice. Parking is difficult but manageable you may have to walk a little bit but the parking is well lit. I enjoy living at Mustang I.
Very run down
April 22, 2020 - Review from Apartments.comI tried looking for ways to get out of this place pretty much immediately after I moved in. It’s very poorly maintained inside the apartments and I’ve had drawers and furniture break out of nowhere. I’ve become friends with the maintenance staff due to several issues including two ant infestations. The workers are very nice but office staff has always acted rude towards my concerns. Would not recommend even though it’s location is good.Property Manager Responded
September 29, 2020All of our residents are important, and we are sincerely sorry that you have experienced a problem. We would love to schedule a meeting to discuss what we are able to do for you! Please reach out to our office at 805.783.2500.
good
January 29, 2020 - Review from Apartments.comThe apartment is okay... I have been here for a few months. The parking is nearly impossible sometimes. The laundry is 5$ to do a whole load. However, the gym, pools, and media room are nice. I live in a studio and it is nice, however, it does not have a DW which is a let down. The bathroom needed some touching up. But the apartment overall is nice and well furnished. However, I would highly recommend bringing your own bed, the beds they provide are small and uncomfortable. The couches and desks ...are great though. Overall, you get what you paid for, but staff is slow.Read More
Worst management ever
November 9, 2019 - Review from Apartments.comMy son leased here twice while attending Cal Poly. After the first lease ended, he received his security deposit back within a timely manner. This second lease, which was supposed to end at the end of August but actually ended at the end of July (this is a whole other issue)he did not receive his security deposit back. I emailed Cher numerous times, I am co-signer of this last lease, and he has still not received his $650 security deposit back. He did receive a final statement saying that he was ...owed the $650 but he has not received it. I am now thinking of taking them to small claims court to get this money owed back. I have spoken to other Cal Poly parents and have heard this same thing happening to them as well. I would NOT let your Cal Poly student rent here! Unless you want to spend numerous hours asking where your security deposit is.Read More
Disorganized and Unprofessional
October 5, 2019 - Review from Apartments.comIt's been three weeks since I moved in and I still don't have the ability to do laundry, go to the pool or check my mail because they don't have the keys that I need ready. Why am I paying rent for those things when I don't have them?
Mustang Village Is Horrible
January 25, 2018 - Review from Apartments.comI had a mouse infestation because of a hole in the wall behind my oven created originally by when my building was built. Mustang Village did a bad job addressing the problem, where there maintenance didn’t come out unless called repeatedly and then didn’t do a full job of stopping the infestation until the third time they came out. The infestation made my roommates and I buy mouse traps and repellent while we waited for mustang to helped fix our problem and they did not recompensate us for these ...things when asked. Mustang Village does not care about its residents because it knows it will always have a stream of new ones coming in. Keep that in mind if you’re thinking of living here.Read More
Just horrible. Awful.
September 9, 2017 - Review from Apartments.comI lived in Mustang for 2 years. The ceiling started leaking during a rainstorm. Bad parking. Bad staff. The walls and floors are SUPER thin I could hear EVERYTHING my neighbor was doing upstairs. Very very very annoying. Never again!
Mustang village
September 24, 2015 - Review from Apartments.comI live in a two bedroom town home. The thing I dislike the most is living with a room mate and the parking kinda sucks. It's nice that I live next to cal poly and club 24. I wish that mustang would have assigned parking because it really sucks when you have to park far from your apartment because the spots next to yours are taken. Other than that I rally like it. Not to expensive
Good location, Gross apartment
July 21, 2015 - Review from Apartments.comThis apartment is conveniently located right next to Cal Poly. That's about its only good quality. The walls are thin, the rooms are poorly lit, everything looks worn and dirty, and it simply feels like a hundred other college students have partied there before you moved in. If you like that atmosphere and aren't picky, it's a great place to live. If you aren't a college student or like quiet, this is not the place for you.
Points of Interest
Time and distance from Mustang I Townhome.
Big Box and Retail
Kohl's
Staples
Target
Colleges and Universities
California Polytechnic State University, San Luis Obispo
Groceries
Trader Joe's
Food 4 Less
Hospitals
Shopping Centers
Mustang I Townhome has 5 shopping centers within 1.4 miles.
Nearby Neighborhoods
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| San Luis Obispo Studio Apartments | $2,265 | $1,099 | $2,855 |
| San Luis Obispo 1 Bedroom Apartments | $2,599 | $950 | $3,720 |
| San Luis Obispo 2 Bedroom Apartments | $2,696 | $1,150 | $3,950 |
| San Luis Obispo 3 Bedroom Apartments | $4,025 | $3,200 | $4,600 |
| San Luis Obispo 4 Bedroom Apartments | $3,174 | $1,380 | $5,700 |
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Max of 2.