2 Bedroom Apartments for Rent in San Luis Obispo, CA (99 Rentals)

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property at 3051 Augusta St

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,500 - $2,200
Total Monthly Price
$1,500 - $2,200

2 Bedroom Townhomes for Rent

Available Sep 1

3051 Augusta St

San Luis ObispoCA93401

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.

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property at 1207 Manzanita Way

$3,500

Total Monthly Price

Total Monthly Price

Base Rent
$3,500
Total Monthly Price
$3,500

2 Bedroom, 2.5 Bath Townhome for Rent

Available Nov 11

1207 Manzanita Way

San Luis ObispoCA93401
property at 1109 Pismo St

$2,200 - $4,000

2 Bedroom Rentals

Available Now

1109 Pismo St

San Luis ObispoCA93401

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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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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Victoria Crossing
2 Bedroom Apartments

Victoria Crossing

796 Caudill StSan Luis Obispo, CA 93401
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Parkwood Village
2 Bedroom Apartments

Parkwood Village

1045 Southwood DrSan Luis Obispo, CA 93401
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2038 Chorro St
2 Bedroom Apartments

2038 Chorro St

2038 Chorro StSan Luis Obispo, CA 93401
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1408 Southwood Dr
2 Bedroom Apartments

1408 Southwood Dr

1408 Southwood DrSan Luis Obispo, CA 93401
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1271 Murray St
2 Bedroom Apartments

1271 Murray St

1271 Murray StSan Luis Obispo, CA 93405
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The Yard SLO
2 Bedroom Apartments

The Yard SLO

2450 Victoria AveSan Luis Obispo, CA 93401
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669 Chorro St
2 Bedroom Apartments

669 Chorro St

669 Chorro StSan Luis Obispo, CA 93401

Renting with Roommates: Realistic Expectations for Shared Lease

Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

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1604 Morro St
2 Bedroom Apartments

1604 Morro St

1604 Morro StSan Luis Obispo, CA 93401
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1095 Orcutt Rd
2 Bedroom Apartments

1095 Orcutt Rd

1095 Orcutt RdSan Luis Obispo, CA 93401
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1314 Galleon Way
2 Bedroom Apartments

1314 Galleon Way

1314 Galleon WaySan Luis Obispo, CA 93405
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2845 Broad St
2 Bedroom Apartments

2845 Broad St

2845 Broad StSan Luis Obispo, CA 93401
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640 Johnson Ave
2 Bedroom Apartments

640 Johnson Ave

640 Johnson AveSan Luis Obispo, CA 93401
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S Higuera St
2 Bedroom Apartments

S Higuera St

S Higuera StSan Luis Obispo, CA 93401
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722 Boysen Ave
2 Bedroom Apartments

722 Boysen Ave

722 Boysen AveSan Luis Obispo, CA 93405
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124 Stenner St
2 Bedroom Apartments

124 Stenner St

124 Stenner StSan Luis Obispo, CA 93405
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390 N Chorro St
2 Bedroom Apartments

390 N Chorro St

390 N Chorro StSan Luis Obispo, CA 93405

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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San Luis Obispo, CA Local Guide

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Local Guide Expert

San Luis Obispo 2 Bedroom Apartment Units with Current Availability by Neighborhood

Availability Confirmed As of: August 25, 2026

There are currently 21 available 2 Bedroom apartment units in San Luis Obispo, CA neighborhoods that range in price from $1,150 to $3,950. Heres is today's list of the top neighborhoods in San Luis Obispo with the most available 2 Bedroom apartments:

NeighborhoodAvailable UnitsMedian PriceMin Price
Valle Vista12$2,825$1,150
Laguna Lake8$2,600$2,250
3592 Broad1$3,475$3,435

Largest Available San Luis Obispo 2 Bedroom Apartments

The largest available 2 Bedroom apartment unit in San Luis Obispo, CA is found at de Tolosa Ranch Apartments in the San Luis Obispo neighborhood and is 1,300 square feet . Twin Creeks has the second largest 2 Bedroom, which is sized at 1,029 square feet and currently listed start at $3,450. Here is today’s list of the largest available 2 Bedroom units in San Luis Obispo:

Apartment ListingModel NameSquare FootagePriced From
de Tolosa Ranch Apartments2BR/2.5BA1,300 Sq FtCall for Rates
Twin Creeks2BR/2.0BA1,029 Sq Ft$3,450
Irish Hills Hamlet Apartments2BR/2.0BA1,025 Sq Ft$2,400
Mustang I Townhome2x2 TH Upgraded944 Sq Ft$1,185
Montalban2 beds-Entire Unit543 Sq Ft$3,300

Cheapest Available San Luis Obispo 2 Bedroom Apartments

As of August 25, 2026 the lowest priced 2 Bedroom apartment unit in San Luis Obispo, CA is the 2935 Augusta Street Model starting from $2,200 at 0053 2935 Augusta #1-8 in the San Luis Obispo neighborhood. The second most affordable San Luis Obispo 2 Bedroom is the 2BR/1.5BA Model at Irish Hills Hamlet Apartments starting at $2,250 . The average price for all 2 Bedroom apartments in San Luis Obispo is currently $2,865. Here is today’s list of the cheapest available 2 Bedroom options in San Luis Obispo:

Apartment ListingModel NamePriced From
0053 2935 Augusta #1-82935 Augusta Street$2,200
Irish Hills Hamlet Apartments2BR/1.5BA$2,250
College Gardens ApartmentsCollege Gardens Apartments - Two bed apartment ...$2,300
2038 Chorro St2BR/1.0BA$2,300
Montalban2 beds-Entire Unit$3,300
Twin Creeks2BR/2.0BA$3,450

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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San Luis Obispo Overview

A college town that lies midway between San Francisco and Los Angeles, San Luis Obispo is the perfect place to settle down. With its temperate climate, natural spaces and wine-country charm, the city pairs cultural enrichment with all-out fun. Plenty of options in great San Luis Obispo apartments make settling here easy.

Why live in San Luis Obispo, CA?

" San Luis Obispo is a special place to live, and the recognition the town receives confirms it. It is regularly listed among the most romantic towns in the United States. In addition, it is considered one of the best college cities and one of the best places to visit. It is also named as one of the healthiest and friendliest towns. San Luis Obispo residents always have something to do and a beautiful, organic environment in which to do it. They can visit nearby wineries, hike or bike through beautiful, unspoiled spaces, relax on an uncrowded beach or visit a local art center or museum. "

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Remember the 3 Rules of Real Estate:
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Frequently Asked Questions about 2 Bedroom San Luis Obispo Apartments

What is the Cheapest apartment in San Luis Obispo with 2 Bedroom?

Currently the most affordable 2 Bedroom in San Luis Obispo is at 0053 2935 Augusta #1-8 listed at $2,200.

How much is the average rent for a 2 Bedroom San Luis Obispo Apartment?

The average rent for a 2 Bedroom Apartment in San Luis Obispo is $2,865.

What is the largest available 2 Bedroom San Luis Obispo Apartment for rent?

Today's apartment with the most square footage in San Luis Obispo is a 1,300 square feet unit at de Tolosa Ranch Apartments.

What is the average size for San Luis Obispo 2 Bedroom Apartments for rent?

The average size for a 2 Bedroom rental in San Luis Obispo is currently 931 sq ft.

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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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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

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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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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.