Studio Apartments for Rent in San Luis Obispo, CA Under $1,500 (1 Rental)
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.
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 |
---|---|---|---|
San Luis Obispo Studio Apartments | $2,087 | $1,250 | $3,295 |
San Luis Obispo 1 Bedroom Apartments | $2,375 | $1,950 | $3,215 |
San Luis Obispo 2 Bedroom Apartments | $3,239 | $2,300 | $6,515 |
San Luis Obispo 3 Bedroom Apartments | $3,500 | $3,400 | $3,600 |
San Luis Obispo 4 Bedroom Apartments | $1,739 | $1,655 | $1,905 |
Explore San Luis Obispo
San Luis Obispo, CA Local Guide
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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.
Getting Around San Luis Obispo, CA
Walk Score®
67 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
77 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
27 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Studio San Luis Obispo Apartments
What is the Cheapest apartment in San Luis Obispo with Studio?
Currently the most affordable Studio in San Luis Obispo is at Wineman listed at $1,250.
How much is the average rent for a Studio San Luis Obispo Apartment?
The average rent for a Studio Apartment in San Luis Obispo is $2,087.
What is the largest available Studio San Luis Obispo Apartment for rent?
Today's apartment with the most square footage in San Luis Obispo is a 683 square feet unit starting from $2,000 at Wineman.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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