Cheap Homes for Rent in the Valle Vista Neighborhood of San Luis Obispo, CA from $1,200 (9 Rentals)

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

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.

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.

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 ListingModel NameBed/BathPriced From
The SLO Student Living ApartmentsPrivate Room in a 2 Bed 1 Bath Suite Near Cal P...1BR,1BA$999
Mustang I TownhomeStudio Creekside RenovatedStudio,1BA$2,102
College Gardens ApartmentsCollege Garden Apts. - Next to University Squar...1BR,1BA$2,200

Best Value Apartments for Rent in Valle Vista, CA

As of August 24, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
680 Morro St, Unit B680 Morro St2BR,1.5BA$2.92
Palomar at SLO4BR/2BA - Foothill4BR,2BA$1.47
Chorro at SLO4BR/2BA - Morro4BR,2BA$1.58
1271 Murray Ave, Unit #B1271 Murray Ave2BR,2BA$2.80
Montalban2 beds-Entire Unit2BR,1BA$6.08
Artisan ApartmentsStudioStudio ,1BA$5.67
Mustang I TownhomeStudio Balcony RenovatedStudio ,1BA$5.99
The SLO Student Living ApartmentsPrivate Room in a 5 Bed 2 Bath Suite Near Cal P...1BR,1BA$7.37

Frequently Asked Questions about Valle Vista

What type of rentals are currently available in Valle Vista?

There are currently 113 Apartments for Rent in Valle Vista, CA with pricing that ranges from $999 to $5,400. There are also 27 Single Family Homes for rent, Condos, and Townhome rentals currently available in Valle Vista ranging from $1,200 to $10,300.

What is the current price range for Rental Homes in Valle Vista?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Valle Vista ranges from $1,200 to $10,300 with an average monthly rent of $4,193.

How much are larger Three and Four Bedroom Rentals in Valle Vista?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Valle Vista range from $3,450 to $4,050, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,900 to $5,000. Four Bedroom Single-Family rentals are also available starting from $5,000 and Four Bedroom Apartments start at $1,490.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.