Cheap Apartments for Rent in Arroyo Grande, CA from $1,200 (36 Rentals)

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Search the lowest-cost Apartments available for rent right now in Arroyo Grande.

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430 Traffic Way
1 Bedroom Apartments

430 Traffic Way

430 Traffic WayArroyo Grande, CA 93420
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195 Aspen St
2 to 3 Bedroom Apartments

195 Aspen St

195 Aspen StArroyo Grande, CA 93420
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183 Brisco Rd
2 Bedroom Apartments

183 Brisco Rd

183 Brisco RdArroyo Grande, CA 93420
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1185 Fair Oaks Ave
2 Bedroom Apartments

1185 Fair Oaks Ave

1185 Fair Oaks AveArroyo Grande, CA 93420
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240 Aspen St
1 Bedroom Apartments

240 Aspen St

240 Aspen StArroyo Grande, CA 93420
  • Utilities Included

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Park Place
2 Bedroom Apartments

Park Place

400 S Elm StArroyo Grande, CA 93420
  • Utilities Included
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356-360 Pier Ave
1 Bedroom Apartments

356-360 Pier Ave

356-360 Pier AveOceano, CA 93445
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1111 N Strand Way
1 to 2 Bedroom Apartments

1111 N Strand Way

1111 N Strand WayOceano, CA 93445
Furnished
  • Smoke Free
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875 Longbranch Ave
1 to 2 Bedroom Apartments

875 Longbranch Ave

875 Longbranch AveGrover Beach, CA 93433
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Pismo Dunes RV Resort
1 to 2 Bedroom Apartments

Pismo Dunes RV Resort

200 S Dolliver StPismo Beach, CA 93449
Senior Living

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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1231 Mentone Ave
2 Bedroom Apartments

1231 Mentone Ave

1231 Mentone AveGrover Beach, CA 93433
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633 Airpark
1 to 2 Bedroom Apartments

633 Airpark

633 AirparkOceano, CA 93445
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946 S 13th
2 Bedroom Apartments

946 S 13th

946 S 13th StGrover Beach, CA 93433
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2130 Beach St
2 Bedroom Apartments

2130 Beach St

2130 Beach StOceano, CA 93445
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1367 W Grand Ave
1 Bedroom Apartments

1367 W Grand Ave

1367 W Grand AveGrover Beach, CA 93433
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857 Manhattan Ave
2 Bedroom Apartments

857 Manhattan Ave

857 Manhattan AveGrover Beach, CA 93433
  • Smoke Free
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881 Manhattan Ave
2 Bedroom Apartments

881 Manhattan Ave

881 Manhattan AveGrover Beach, CA 93433
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301 W Grand Ave
2 Bedroom Apartments

301 W Grand Ave

301 W Grand AveGrover Beach, CA 93433

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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861 Front St
1 to 2 Bedroom Apartments

861 Front St

861 Front StGrover Beach, CA 93433
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265 N 16th St
2 Bedroom Apartments

265 N 16th St

251 S 16th StGrover Beach, CA 93433
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Pismo Terrace
1 to 2 Bedroom Apartments

Pismo Terrace

855 4th StPismo Beach, CA 93449
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Vista Pacific
2 to 3 Bedroom Apartments

Vista Pacific

1385 Atlantic City AveGrover Beach, CA 93433
  • Utilities Included
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Farroll Apartments
1 to 2 Bedroom Apartments

Farroll Apartments

1345 Farroll RdGrover Beach, CA 93433
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359 N 16th St
Studio Apartments

359 N 16th St

359 N 16th StGrover Beach, CA 93433

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Arroyo Grande, CA Local Guide

Cheapest Neighborhoods for Apartments in Arroyo Grande, CA

Pricing Updated: 08/07/2026

Current apartment rentals in the Arroyo Grande, CA area range in price from $950 to $7,000 with an overall median price of $2,740. Here is today’s list neighborhoods with the lowest median pricing for Arroyo Grande Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Arroyo Grande Nipomo$2,740$95038

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.