Cheap Apartments for Rent in the Valle Vista Neighborhood of San Luis Obispo, CA from $1,000 (11 Rentals)

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

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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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Sheri Apartments
1 Bedroom Apartments

Sheri Apartments

721 Johnson AveSan Luis Obispo, CA 93401
  • Utilities Included

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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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College Gardens
1 to 2 Bedroom Apartments

College Gardens

284 N Chorro StSan Luis Obispo, CA 93405
Student Housing
  • Utilities Included

Valle Vista, San Luis Obispo, CA Local Guide

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 Artisan Apartments priced from $1,099. Peach Street has the second lowest priced unit, which is a Studio apartment currently listed from $1,850. Here are the most affordable Valle Vista apartments for rent in San Luis Obispo, CA:

Apartment ListingModel NameBed/BathPriced From
Artisan ApartmentsStudio - AffordStudio,1BA$1,099
Peach StreetSTUDIOStudio,1BA$1,850
Roundhouse PlaceThe 456 StudioStudio,1BA$1,950
Avila Apartments in Downtown SLOAvila StudioStudio,1BA$1,975
421 Dana St2BR/1.0BA2BR,1BA$2,200

Best Value Apartments for Rent in Valle Vista, CA

As of November 22, 2025 the best value apartment in the Valle Vista area is the $3.73 price per square foot 2BR/1.0BA Model at The Junction in the in the Valle Vista neighborhood starting from $3,050. The second greatest value Valle Vista apartment is the The 456 Studio Model at Roundhouse Place starting at $1,950 with a $4.28 price per square foot in the 3592 Broad 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.
The Junction2BR/1.0BA2BR,1BA$3.73
Roundhouse PlaceThe 456 StudioStudio ,1BA$4.28
Artisan ApartmentsStudioStudio ,1BA$5.61
Peach StreetSTUDIOStudio ,1BA$4.28
The SLO Student Living ApartmentsPrivate Room Next to Cal Poly1BR,1BA$6.55

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Quick Rent Budget Calculator

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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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Pet Friendly Lifestyle
Valle Vista, San Luis Obispo, CA

Ranked #1

Among cities in California for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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 Artisan Apartments listed at $1,099.

How much is rent for a Cheap One Bedroom Valle Vista Apartment?

The lowest price for a Cheap One Bedroom Valle Vista Apartment is $2,200 at Avila Apartments in Downtown SLO.

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 $2,200 at 421 Dana St.

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.