
Cheap Apartments for Rent in the Valle Vista Neighborhood of San Luis Obispo, CA from $999 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the Valle Vista area of San Luis Obispo.


1San CA-1

45 Stenner St, Unit H

Wineman

1406 Morro St

969 Pismo St

1113-697 Broad St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

369 Sandercock St

Peach Street

976 Islay St, Unit 976

793 Pepper St

411 Foothill Blvd

1109 Pismo St

The Junction (2120 Santa Barbara Ave)
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.

1243 Bond St

1278-1280 Phillips Ln

680 Chorro St

Murray Street Station Apartments

Sheri Apartments

581 Higuera St

University Chorro Commons
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.

Roundhouse Place

1290 Murray Avenue

1249 Palm St

College Gardens Apartments

742 Boysen Ave

2038 Chorro St

1051 1/2 Buchon St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

421 Dana St
Valle Vista, San Luis Obispo, CA Local Guide

How much does it cost to rent an apartment in Valle Vista?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Valle Vista Studio Apartments | $2,332 | $1,099 | $2,855 |
| Valle Vista 1 Bedroom Apartments | $2,757 | $999 | $3,720 |
| Valle Vista 2 Bedroom Apartments | $2,695 | $1,150 | $3,600 |
| Valle Vista 3 Bedroom Apartments | $3,831 | $3,450 | $4,050 |
| Valle Vista 4 Bedroom Apartments | $2,416 | $1,490 | $4,920 |
Browse Apartments in this Neighborhood
There are currently 29 rentals with your search options within a 1 mile radius of the Valle Vista Neighborhood of San Luis Obispo, CA.
See all Apartments in San Luis ObispoExplore San Luis Obispo
Cheapest Available Valle Vista Apartments for Rent
 The cheapest available apartment rental in the Valle Vista area of San Luis Obispo, CA is a 1 Bed unit found at The SLO Student Living Apartments priced from $999. Mustang I Townhome has the second lowest priced unit, which is a Studio apartment currently listed from $2,102. Here are the most affordable Valle Vista apartments for rent in San Luis Obispo, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The SLO Student Living Apartments | Private Room in a 2 Bed 1 Bath Suite Near Cal P... | 1BR,1BA | $999 |
| Mustang I Townhome | Studio Creekside Renovated | Studio,1BA | $2,102 |
| College Gardens Apartments | College Garden Apts. - Next to University Squar... | 1BR,1BA | $2,200 |
| 2038 Chorro St | 2BR/1.0BA | 2BR,1BA | $2,300 |
| Artisan Apartments | Studio | Studio,1BA | $2,740 |
| Montalban | 2 beds-Entire Unit | 2BR,1BA | $3,300 |
Best Value Apartments for Rent in Valle Vista, CA
As of August 23, 2026 the best value apartment in the Valle Vista area is the $2.92 price per square foot 680 Morro St Model at 680 Morro St, Unit B in the in the San Luis Obispo neighborhood starting from $3,500. The second greatest value Valle Vista apartment is the 4BR/2BA - Foothill Model at Palomar at SLO starting at $1,695 with a $1.47 price per square foot in the San Luis Obispo neighborhood. Here is today’s list of the best values for Valle Vista apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 680 Morro St, Unit B | 680 Morro St | 2BR,1.5BA | $2.92 |
| Palomar at SLO | 4BR/2BA - Foothill | 4BR,2BA | $1.47 |
| Chorro at SLO | 4BR/2BA - Morro | 4BR,2BA | $1.58 |
| 1271 Murray Ave, Unit #B | 1271 Murray Ave | 2BR,2BA | $2.80 |
| Montalban | 2 beds-Entire Unit | 2BR,1BA | $6.08 |
| Artisan Apartments | Studio | Studio ,1BA | $5.67 |
| Mustang I Townhome | Studio Balcony Renovated | Studio ,1BA | $5.99 |
| The SLO Student Living Apartments | Cozy Studio Apartment Near Cal Poly SLO | Studio ,1BA | $8.03 |
Frequently Asked Questions about Cheap Valle Vista Apartments
What is the Cheapest Studio apartment in Valle Vista?
Currently the most affordable Cheap Studio Apartment in Valle Vista is at Mustang I Townhome listed at $2,102.
How much is rent for a Cheap One Bedroom Valle Vista Apartment?
The lowest price for a Cheap One Bedroom Valle Vista Apartment is $999 at The SLO Student Living Apartments.
What is the lowest price for a Cheap Two Bedroom Valle Vista Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Valle Vista is starting from $2,300 at College Gardens Apartments.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
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.