
Cheap Apartments for Rent in San Luis Obispo, CA from $900 (52 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in San Luis Obispo.


2800 Broad St
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.
San Luis Obispo, CA Local Guide

How much does it cost to rent an apartment in San Luis Obispo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap San Luis Obispo Studio Apartments | $2,099 | $989 | $2,855 |
| Cheap San Luis Obispo 1 Bedroom Apartments | $2,721 | $1,750 | $3,720 |
| Cheap San Luis Obispo 2 Bedroom Apartments | $2,967 | $1,874 | $3,855 |
| Cheap San Luis Obispo 3 Bedroom Apartments | $4,316 | $3,200 | $5,700 |
| Cheap San Luis Obispo 4 Bedroom Apartments | $3,241 | $1,380 | $6,900 |
Browse Top Apartments in San Luis Obispo
See all Apartments in San Luis ObispoExplore San Luis Obispo
Frequently Asked Questions about Cheap San Luis Obispo Apartments
What is a cheap apartment in San Luis Obispo?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in San Luis Obispo is under $2,775.
What is the price of a cheap apartment in San Luis Obispo?
The cheapest apartment in San Luis Obispo is Irish Hills Hamlet Apartments which is listed at $2,200, while the average apartment in San Luis Obispo costs $8,550.
What types of apartments are the cheapest in San Luis Obispo?
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 21 regular apartments in San Luis Obispo that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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

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.

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.

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.

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.