Cheap Apartments for Rent in the Arroyo Grande Nipomo Neighborhood of Arroyo Grande, CA from $600 (60 Rentals)

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

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Villa Azul
1 to 2 Bedroom Apartments

Villa Azul

271-291 S Halcyon RdArroyo Grande, CA 93420
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Aspen Way
1 Bedroom Apartments

Aspen Way

296 Aspen StArroyo Grande, CA 93420
  • Utilities Included

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.

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property at 849 Pioneer St

$1,500 - $2,000

Studio To 2 Bedroom Rentals

Available Now

849 Pioneer St

GuadalupeCA93434

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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424 East Mill Street
1 to 4 Bedroom Apartments

424 East Mill Street

418-424 E Mill StSanta Maria, CA 93454
Student Housing
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Sheri Apartments
1 Bedroom Apartments

Sheri Apartments

721 Johnson AveSan Luis Obispo, CA 93401
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Fairview Apartments
1 to 2 Bedroom Apartments

Fairview Apartments

1630 Fairview StSan Luis Obispo, CA 93401
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College Gardens
1 to 2 Bedroom Apartments

College Gardens

284 N Chorro StSan Luis Obispo, CA 93405
Student Housing
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Gateway Apartments
Studio to 2 Bedroom Apartments

Gateway Apartments

101 N BroadwaySanta Maria, CA 93454
  • Utilities Included
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El Dorado Apartments
1 to 3 Bedroom Apartments

El Dorado Apartments

555 Westmont AveSan Luis Obispo, CA 93405
Student Housing
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University Chorro Commons
1 to 2 Bedroom Apartments

University Chorro Commons

263 N ChorroSan Luis Obispo, CA 93405
Student Housing
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Harvest Lofts
Studio to 1 Bedroom Apartments

Harvest Lofts

845 Madonna RdSan Luis Obispo, CA 93405
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Roundhouse Place
Studio to 3 Bedroom Apartments

Roundhouse Place

2220-2224 Emily StSan Luis Obispo, CA 93401

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Arroyo Grande Nipomo, Arroyo Grande, CA Local Guide

Cheapest Available Arroyo Grande Nipomo Apartments for Rent

 

The cheapest available apartment rental in the Arroyo Grande Nipomo area of Arroyo Grande, CA is a Studio unit found at Wineman priced from $1,250. Mustang I Townhome has the second lowest priced unit, which is a 4 Beds apartment currently listed from $1,380. Here are the most affordable Arroyo Grande Nipomo apartments for rent in Arroyo Grande, CA:

Apartment ListingModel NameBed/BathPriced From
WinemanThird FloorStudio,1BA$1,250
Mustang I Townhome4x1 Flat4BR,1BA$1,380
Avila Apartments in Downtown SLOAvila StudioStudio,1BA$1,975
Irish Hills Hamlet Apartments1BR/1.0BA1BR,1BA$2,200
La Plaza Villas3/1 Flat3BR,1BA$2,250
Ramona GardensAvailable 2 Bedroom2BR,2BA$2,300
Vintage at SLOThe NapaStudio,1BA$2,395
Twin Creeks1BR/1.0BA1BR,1BA$2,725

Best Value Apartments for Rent in Arroyo Grande Nipomo, CA

As of April 28, 2026 the best value apartment in the Arroyo Grande Nipomo area is the $2.92 price per square foot 680 Morro St Model at 680 Morro St, Unit A in the in the Valle Vista neighborhood starting from $3,500. The second greatest value Arroyo Grande Nipomo apartment is the 3/1 Flat Model at La Plaza Villas starting at $2,250 with a $2.36 price per square foot in the Arroyo Grande Nipomo neighborhood. Here is today’s list of the best values for Arroyo Grande Nipomo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
680 Morro St, Unit A680 Morro St2BR,1.5BA$2.92
La Plaza Villas3/1 Flat3BR,1BA$2.36
Ramona GardensAvailable 2 Bedroom2BR,2BA$2.88
Irish Hills Hamlet Apartments1BR/1.0BA1BR,1BA$2.93
Twin Creeks1BR/1.0BA1BR,1BA$3.89
Vintage at SLOThe NapaStudio ,1BA$4.79
404 Patricia Dr, Unit Studio404 Patricia DrStudio ,1BA$4.95
Mustang I TownhomeStudio West Village Balcony RenovatedStudio ,1BA$5.86
WinemanSecond FloorStudio ,1BA$6.16
The SLO Student Living ApartmentsPrivate Single Room in a 6 Bed, 2 Bath Suite - ...1BR,1BA$6.55

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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Pet Friendly Lifestyle
Arroyo Grande Nipomo, Arroyo Grande, CA

Ranked #1

Among cities in California for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Arroyo Grande Nipomo, Arroyo Grande, CA

School data provided by Great Schools

Frequently Asked Questions about Cheap Arroyo Grande Nipomo Apartments

What is a cheap apartment in Arroyo Grande Nipomo?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Arroyo Grande Nipomo is under $2,725.

What is the price of a cheap apartment in Arroyo Grande Nipomo?

The cheapest apartment in Arroyo Grande Nipomo is Irish Hills Hamlet Apartments which is listed at $2,200, while the average apartment in Arroyo Grande Nipomo costs $16,500.

What types of apartments are the cheapest in Arroyo Grande Nipomo?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 20 regular apartments in Arroyo Grande Nipomo that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Arroyo Grande Nipomo?

Cheap apartments in Arroyo Grande Nipomo have an average cost of $771 which is $15,729 cheaper than the average rent for all rentals in Arroyo Grande Nipomo.

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.