Cheap Apartments for Rent in San Luis Obispo County, CA from $900 (40 Rentals)

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Search the lowest-cost Apartments available for rent right now in San Luis Obispo County.

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.

property at 1243 Bond St

$1,750 - $3,900

1 To 2 Bedroom Rentals

Available Now

1243 Bond St

San Luis ObispoCA93405

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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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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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Sheri Apartments
1 Bedroom Apartments

Sheri Apartments

721 Johnson AveSan Luis Obispo, CA 93401
  • Utilities Included
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Villa Azul
1 to 2 Bedroom Apartments

Villa Azul

271-291 S Halcyon RdArroyo Grande, CA 93420
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Villa Paseo Palms
Studio to 2 Bedroom Apartments

Villa Paseo Palms

2818 Ramada DrPaso Robles, CA 93446
Senior Living
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Fairview Apartments
1 to 2 Bedroom Apartments

Fairview Apartments

1630 Fairview StSan Luis Obispo, CA 93401
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Serenity Hills
2 to 3 Bedroom Apartments

Serenity Hills

112 Brewer StTempleton, CA 93465
  • Utilities Included
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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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College Gardens
1 to 2 Bedroom Apartments

College Gardens

284 N Chorro StSan Luis Obispo, CA 93405
Student Housing
  • Utilities Included
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River Walk Terrace
1 to 2 Bedroom Apartments

River Walk Terrace

120 Niblick RdPaso Robles, CA 93446
Senior Living
  • Utilities Included
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Aspen Way
1 Bedroom Apartments

Aspen Way

296 Aspen StArroyo Grande, CA 93420
  • Utilities Included
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El Dorado Apartments
1 to 3 Bedroom Apartments

El Dorado Apartments

555 Westmont AveSan Luis Obispo, CA 93405
Student Housing
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Cheapest Available San Luis Obispo County Apartments for Rent

 

The cheapest available apartment rental in San Luis Obispo County, CA is a Studio unit found at Wineman in the Valle Vista neighborhood priced from $1,250. Villa Paseo Palms in the The Summit neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,396. Here is today’s list of the most affordable San Luis Obispo County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
WinemanThird FloorStudio,1BA$1,250
Villa Paseo PalmsStudioStudio,1BA$1,396
Casa Del Mar Condominiums1bed1bath1BR,1BA$1,450
Avila Apartments in Downtown SLOAvila StudioStudio,1BA$1,975
Alturas Paso Robles Apartment Homes1/1A1BR,1BA$1,995
Bordeaux House Apartments222BR,2BA$2,035
Harvest LoftsStudioStudio,1BA$2,050
Paso de Oak1 Bedroom1BR,1BA$2,050

Best Value Apartments for Rent in San Luis Obispo County, CA

As of April 01, 2026 the best value apartment in the San Luis Obispo County area is the $2.50 price per square foot 896 Front St Model at 896 Front St, Unit B in the in the Arroyo Grande Nipomo neighborhood starting from $3,000. The second greatest value San Luis Obispo County apartment is the 5557 Tunitas Ave Model at 5557 Tunitas Ave, Unit Unit A starting at $2,100 with a $1.91 price per square foot in the Atascadero Templeton neighborhood. Here is today’s list of the best values for San Luis Obispo County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
896 Front St, Unit B896 Front St2BR,2.5BA$2.50
5557 Tunitas Ave, Unit Unit A5557 Tunitas Ave2BR,1BA$1.91
5910 El Camino Real, Unit 59105910 El Camino Real2BR,1BA$2.50
Mustang I Townhome2x2 Flat2BR,2BA$2.12
The Oaks at Jornada2bdx2bth Normal, downstairs, electric2BR,2BA$2.74
Bordeaux House Apartments212BR,1BA$2.44
Dry Creek Apartments2x12BR,1BA$2.53
Casa Del Mar Condominiums2bed2bath2BR,2BA$2.35
Blue OakThe Cabernet1BR,1BA$2.72
Arrive Paso RoblesThe Isabella1BR,1BA$2.92

Frequently Asked Questions about Cheap San Luis Obispo County Apartments

What is the Cheapest Studio apartment in San Luis Obispo County?

Currently the most affordable Cheap Studio Apartment in San Luis Obispo County is at Wineman listed at $1,250.

How much is rent for a Cheap One Bedroom San Luis Obispo County Apartment?

The lowest price for a Cheap One Bedroom San Luis Obispo County Apartment is $1,450 at Casa Del Mar Condominiums.

What is the lowest price for a Cheap Two Bedroom San Luis Obispo County Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in San Luis Obispo County is starting from $1,729 at Villa Paseo Palms.

What is the most affordable San Luis Obispo County Three Bedroom Apartment?

The best deal on a cheap San Luis Obispo County Three Bedroom Apartment rental is at Arrive Paso Robles and starts from $3,085.

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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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.