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

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property at 59 Chorro St

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700
Total Monthly Price
$1,700

3 Bedroom, 1 Bath Home for Rent

Available Now

59 Chorro St, Unit Main, Unit Main

59 Chorro St
San Luis ObispoCA93405
property at 686 Foothill Blvd

$4,200

Total Monthly Price

Total Monthly Price

Base Rent
$4,200
Total Monthly Price
$4,200

3 Bedroom, 2 Bath Home for Rent

Available Jul 1

686 Foothill Blvd

San Luis ObispoCA93405
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
property at 376 Ramona Dr

$5,000

Total Monthly Price

Total Monthly Price

Base Rent
$5,000
Total Monthly Price
$5,000

3 Bedroom, 2 Bath Home for Rent

Available Jun 1

376 Ramona Dr

San Luis ObispoCA93405
property at 324 Cuesta Dr

$4,050 - $6,750

3 Bedroom Rentals

Available Now

324 Cuesta Dr

San Luis ObispoCA93405

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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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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Vinifera Townhomes
3 Bedroom Apartments

Vinifera Townhomes

1220 Sponza DrSan Luis Obispo, CA 93401
  • Utilities Included

Renting Smart: Lease Basics Every Renter Needs

Demystify Your Rental Lease. Learn the basics about renting, deposits, and tenant/landlord responsibilities. Rent smart and avoid surprises. | Renter University at ApartmentHomeLiving.com

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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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The Yard SLO
3 Bedroom Apartments

The Yard SLO

2450 Victoria AveSan Luis Obispo, CA 93401
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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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785 Morro St
3 Bedroom Apartments

785 Morro St

785 Morro StSan 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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1408 Southwood Dr
3 Bedroom Apartments

1408 Southwood Dr

1408 Southwood DrSan Luis Obispo, CA 93401
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El Dorado Apartments
3 Bedroom Apartments

El Dorado Apartments

555 Westmont AveSan 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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Laurel Lane Apartments
3 Bedroom Apartments

Laurel Lane Apartments

1241 Laurel LnSan Luis Obispo, CA 93401
  • Utilities Included
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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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865 Morro St
3 Bedroom Apartments

865 Morro St

865 Morro StSan 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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Iron Works
3 Bedroom Apartments

Iron Works

3710 Broad StSan Luis Obispo, CA 93401
  • Utilities Included
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1110 Orcutt Rd
3 Bedroom Apartments

1110 Orcutt Rd

1110 Orcutt RdSan 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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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: May 23, 2026

There are currently 6 available 3 Bedroom apartment units in San Luis Obispo, CA neighborhoods that range in price from $3,000 to $4,650. Heres is today's list of the top neighborhoods in San Luis Obispo with the most available 3 Bedroom apartments:

NeighborhoodAvailable UnitsMedian PriceMin Price
3592 Broad2$4,200$4,200
Laguna Lake2$3,975$3,200
Valle Vista2$4,050$3,000

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

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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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

School data provided by Great Schools

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 $3,968.

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 1,420 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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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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.

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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.