Cheap Apartments for Rent in the Valle Vista Neighborhood of San Luis Obispo, CA from $900 (29 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Valle Vista area of San Luis Obispo.

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Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Sheri Apartments
1 Bedroom Apartments

Sheri Apartments

721 Johnson AveSan Luis Obispo, CA 93401
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College Gardens
1 to 2 Bedroom Apartments

College Gardens

284 N Chorro StSan Luis Obispo, CA 93405
Student Housing
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University Chorro Commons
1 to 2 Bedroom Apartments

University Chorro Commons

263 N ChorroSan Luis Obispo, CA 93405
Student Housing
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Roundhouse Place
Studio to 3 Bedroom Apartments

Roundhouse Place

2220-2224 Emily StSan Luis Obispo, CA 93401

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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1249 Palm St
Studio to 1 Bedroom Apartments

1249 Palm St

1249 Palm StSan Luis Obispo, CA 93401
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1290 Murray Ave
1 to 3 Bedroom Apartments

1290 Murray Ave

1290 Murray AveSan Luis Obispo, CA 93405
Student Housing
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421 Dana St
1 to 2 Bedroom Apartments

421 Dana St

421 Dana StSan Luis Obispo, CA 93401

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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Showing Results 1-29, Page 1 of 1

Cheapest Available Valle Vista Apartments for Rent

 

The cheapest available apartment rental in the Valle Vista area of San Luis Obispo, CA is a Studio unit found at Wineman priced from $1,250. Mustang I Townhome has the second lowest priced unit, which is a 4 Beds apartment currently listed from $1,380. Here are the most affordable Valle Vista apartments for rent in San Luis Obispo, CA:

Apartment ListingModel NameBed/BathPriced From
WinemanThird FloorStudio,1BA$1,250
Mustang I Townhome4x1 Flat4BR,1BA$1,380
Avila Apartments in Downtown SLOAvila StudioStudio,1BA$1,975

Best Value Apartments for Rent in Valle Vista, CA

As of April 09, 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 A in the in the Valle Vista neighborhood starting from $3,500. The second greatest value Valle Vista apartment is the Studio West Village Balcony Renovated Model at Mustang I Townhome starting at $2,205 with a $5.86 price per square foot in the Valle Vista neighborhood. Here is today’s list of the best values for Valle Vista apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
680 Morro St, Unit A680 Morro St2BR,1.5BA$2.92
Mustang I TownhomeStudio West Village Balcony RenovatedStudio ,1BA$5.86
WinemanSecond FloorStudio ,1BA$6.16
The SLOPrivate Single Room in a 6 Bed, 2 Bath Suite - ...1BR,1BA$6.55

Frequently Asked Questions about Cheap Valle Vista Apartments

What is a cheap apartment in Valle Vista?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Valle Vista is under $1,975.

What is the price of a cheap apartment in Valle Vista?

The cheapest apartment in Valle Vista is Avila Apartments in Downtown SLO which is listed at $2,200, while the average apartment in Valle Vista costs $6,750.

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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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.

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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.