Cheap Apartments for Rent in San Luis Obispo County, CA from $700 (14 Rentals)

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

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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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Sheri Apartments
1 Bedroom Apartments

Sheri Apartments

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

Fairview Apartments

1630 Fairview StSan 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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Serenity Hills
2 to 3 Bedroom Apartments

Serenity Hills

112 Brewer StTempleton, CA 93465
  • Utilities Included
  • Smoke Free
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El Dorado Apartments
1 to 3 Bedroom Apartments

El Dorado Apartments

555 Westmont AveSan Luis Obispo, CA 93405
  • Utilities Included

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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 California Grand Manor Senior Apartments in the Atascadero Templeton neighborhood priced from $1,030. Wineman in the 3592 Broad neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,250. Here is today’s list of the most affordable San Luis Obispo County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
California Grand Manor Senior ApartmentsStudioStudio,1BA$1,030
WinemanThird FloorStudio,1BA$1,250
Bordeaux House ApartmentsTwo Bedroom One Bath2BR,1BA$1,697
Avila Senior LivingStudioStudio,1BA$1,995
University Chorro Commons1/11BR,1BA$2,000

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

As of May 19, 2025 the best value apartment in the San Luis Obispo County area is the $2.50 price per square foot Three Bedroom Townhome Model at ReNew Atascadero in the in the Atascadero Templeton neighborhood starting from $3,195. The second greatest value San Luis Obispo County apartment is the 5910 El Camino Real Model at 5910 El Camino Real, Unit 5910 starting at $2,400 with a $2.40 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.
ReNew AtascaderoThree Bedroom Townhome3BR,2.5BA$2.50
5910 El Camino Real, Unit 59105910 El Camino Real2BR,1BA$2.40
Villa Del Rio2 Bedroom with Laundry2BR,1BA$2.82
Bordeaux House ApartmentsTwo Bedroom Two Bath2BR,2BA$2.00
704 N Thompson Ave, Unit 704 Rental704 N Thompson Ave1BR,1BA$1.98
The Oaks at Jornada2BR/2.0BA2BR,2BA$2.54
Irish Hills Hamlet Apartments2BR/1.0BA2BR,1BA$2.94
Blue OakThe Cabernet1BR,1BA$3.10
Arrive Paso RoblesThe Isabella1BR,1BA$3.19
California Grand Manor Senior ApartmentsStudioStudio ,1BA$1.90

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 California Grand Manor Senior Apartments listed at $1,030.

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 $1,086 at California Grand Manor Senior Apartments.

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 $1,237 at California Grand Manor Senior Apartments.

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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