Cheap Homes for Rent in San Luis Obispo County, CA from $1,400 (24 Rentals)

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

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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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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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 1-24, Page 1 of 1

Cheapest Available San Luis Obispo County Apartments for Rent

 

The cheapest available apartment rental in San Luis Obispo County, CA is a 1 Bed unit found at California Grand Manor Senior Apartments in the Atascadero Templeton neighborhood priced from $1,325. Bordeaux House Apartments in the Atascadero Templeton neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,808. 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 Apartments1 bedroom1BR,1BA$1,325
Bordeaux House ApartmentsTwo Bedroom One Bath2BR,1BA$1,808
Dry Creek212BR,1BA$1,886
Avila Senior Living at Downtown SLOAvila Studio1BR,1BA$1,975
WinemanPent HouseStudio,2BA$2,000

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

As of June 18, 2025 the best value apartment in the San Luis Obispo County area is the $2.46 price per square foot 5700 Olmeda Ave Model at 5700 Olmeda Ave, Unit B in the in the Atascadero Templeton neighborhood starting from $3,250. The second greatest value San Luis Obispo County apartment is the Two Bedroom Apartment Model at ReNew Atascadero starting at $2,925 with a $2.98 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.
5700 Olmeda Ave, Unit B5700 Olmeda Ave3BR,2BA$2.46
ReNew AtascaderoTwo Bedroom Apartment2BR,2BA$2.98
Villa Del Rio2 Bedroom with Laundry2BR,1BA$2.62
Bordeaux House ApartmentsTwo Bedroom Two Bath2BR,2BA$2.13
The Oaks at Jornada2BR/2.0BA2BR,2BA$2.60
Dry Creek212BR,1BA$2.22
Blue OakThe Cabernet1BR,1BA$3.01
Alder Creek Apartments1BR/1.0BA1BR,1BA$3.11
California Grand Manor Senior Apartments1 bedroom1BR,1BA$1.93
WinemanPent HouseStudio ,2BA$2.93

Frequently Asked Questions about San Luis Obispo County

What type of rentals are currently available in San Luis Obispo County?

There are currently 444 Apartments for Rent in San Luis Obispo County, CA with pricing that ranges from $649 to $6,500. There are also 115 Single Family Homes for rent, Condos, and Townhome rentals currently available in San Luis Obispo County ranging from $1,450 to $17,500.

What is the current price range for Rental Homes in San Luis Obispo County?

Today's rental pricing for Homes for Rent, Condos and Townhomes in San Luis Obispo County ranges from $1,450 to $17,500 with an average monthly rent of $6,408.

How much are larger Three and Four Bedroom Rentals in San Luis Obispo County?

For those who are looking for larger living arrangements, Three Bedroom Apartments in San Luis Obispo County range from $1,500 to $5,287, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,800 to $6,799. Four Bedroom Single-Family rentals are also available starting from $3,000 and Four Bedroom Apartments start at $1,660.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.