3 Bedroom Apartments for Rent in San Luis Obispo, CA (53 Rentals)

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property at 3051 Augusta St

$3,900

Total Monthly Price

Total Monthly Price

Base Rent
$3,900
Total Monthly Price
$3,900

3 Bedroom, 2.5 Bath Townhome for Rent

Available Now

3051 Augusta St, Unit #15

3051 Augusta St
San Luis ObispoCA93401
property at 398 Corrida Dr

$4,950

Total Monthly Price

Total Monthly Price

Base Rent
$4,950
Total Monthly Price
$4,950

3 Bedroom, 2 Bath Home for Rent

Available Now

398 Corrida Dr

San Luis ObispoCA93401

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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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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Vinifera Townhomes
3 Bedroom Apartments

Vinifera Townhomes

1220 Sponza DrSan Luis Obispo, CA 93401
  • Utilities Included

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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785 Morro St
3 Bedroom Apartments

785 Morro St

785 Morro StSan Luis Obispo, CA 93401
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1408 Southwood Dr
3 Bedroom Apartments

1408 Southwood Dr

1408 Southwood DrSan Luis Obispo, CA 93401
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Harvest Vista
3 Bedroom Apartments

Harvest Vista

1035 Madonna RdSan Luis Obispo, CA 93401
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284 E Foothill Blvd
3 Bedroom Apartments

284 E Foothill Blvd

284 E Foothill BlvdSan Luis Obispo, CA 93405
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3239 Broad St
3 Bedroom Apartments

3239 Broad St

3239 Broad StSan Luis Obispo, CA 93401
Corporate Housing
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The Yard SLO
3 Bedroom Apartments

The Yard SLO

2450 Victoria AveSan Luis Obispo, CA 93401
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1290 Murray Ave
3 Bedroom Apartments

1290 Murray Ave

1290 Murray AveSan Luis Obispo, CA 93405
Student Housing
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El Dorado Apartments
3 Bedroom Apartments

El Dorado Apartments

555 Westmont AveSan Luis Obispo, CA 93405
Student Housing
  • Utilities Included
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Laurel Lane Apartments
3 Bedroom Apartments

Laurel Lane Apartments

1241 Laurel LnSan Luis Obispo, CA 93401
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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3260 Rockview Place
3 Bedroom Apartments

3260 Rockview Place

3260 Rockview PlSan Luis Obispo, CA 93401
Student Housing
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1110 Orcutt Rd
3 Bedroom Apartments

1110 Orcutt Rd

1110 Orcutt RdSan Luis Obispo, CA 93401
  • Utilities Included
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3362 Rockview Pl
3 Bedroom Apartments

3362 Rockview Pl

3362 Rockview PlSan Luis Obispo, CA 93401
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505 Brizzolara St
3 Bedroom Apartments

505 Brizzolara St

505 Brizzolara StSan Luis Obispo, CA 93401
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865 Morro St
3 Bedroom Apartments

865 Morro St

865 Morro StSan Luis Obispo, CA 93401
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Iron Works
3 Bedroom Apartments

Iron Works

3710 Broad StSan Luis Obispo, CA 93401
  • Utilities Included
Showing Results 1-50, Page 1 of 2

San Luis Obispo, CA Local Guide

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Written By:
Staff Writer
Local Guide Expert

San Luis Obispo 3 Bedroom Apartment Units with Current Availability by Neighborhood

Availability Confirmed As of: April 08, 2026

There are currently 2 available 3 Bedroom apartment units in San Luis Obispo, CA neighborhoods that range in price from $3,200 to $5,000. Heres is today's list of the top neighborhoods in San Luis Obispo with the most available 3 Bedroom apartments:

NeighborhoodAvailable UnitsMedian PriceMin Price
Laguna Lake2$4,100$3,200

Largest Available San Luis Obispo 3 Bedroom Apartments

Apartment ListingModel NameSquare FootagePriced From
Irish Hills Hamlet Apartments3BR/2.0BA1,225 Sq Ft$3,200

Cheapest Available San Luis Obispo 3 Bedroom Apartments

Apartment ListingModel NamePriced From
Irish Hills Hamlet Apartments3BR/2.0BA$3,200

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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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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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. "

Best Local Schools in
San Luis Obispo, CA

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

Explore San Luis Obispo, CA Rentals by Map

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See the most popular apartments and homes in San Luis Obispo, CA

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Frequently Asked Questions about 3 Bedroom San Luis Obispo Apartments

What is the Cheapest apartment in San Luis Obispo with 3 Bedroom?

Currently the most affordable 3 Bedroom in San Luis Obispo is at Irish Hills Hamlet Apartments listed at $3,200.

How much is the average rent for a 3 Bedroom San Luis Obispo Apartment?

The average rent for a 3 Bedroom Apartment in San Luis Obispo is $4,227.

What is the largest available 3 Bedroom San Luis Obispo Apartment for rent?

Today's apartment with the most square footage in San Luis Obispo is a 1,225 square feet unit starting from $3,200 at Irish Hills Hamlet Apartments.

What is the average size for San Luis Obispo 3 Bedroom Apartments for rent?

The average size for a 3 Bedroom rental in San Luis Obispo is currently 1,313 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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.

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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.