
Cheap Homes for Rent in San Luis Obispo County, CA from $1,100 (21 Rentals)
Search the lowest-cost Homes available for rent right now in San Luis Obispo County.


1335 Broad St

59 Chorro St, Unit Main, Unit Main

2889 Old Wrangler Ln

2091 Fallbrook Ct

3121 Spring St

1189 Santa Ynez Ave
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

2700 Hemlock Ave

2405 Juniper Ave

802 Vista Grande St

1708 Camino Del Oro

115 Palomar Ave

2916 Alder Ave

821 21st St
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.

509 Robert Ct, Unit A

1043 Southwood Dr

5010 Palma Ave

805 Boysen Ave

817 Boysen Ave

1176 Seaward St

1820 Marigold Ln
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
San Luis Obispo County, CA Local Guide

How much does it cost to rent a home in San Luis Obispo County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| San Luis Obispo County 2 Bedroom Homes for Rent | $3,062 | $1,250 | $4,500 |
| San Luis Obispo County 3 Bedroom Homes for Rent | $3,884 | $1,700 | $6,500 |
| San Luis Obispo County 4 Bedroom Homes for Rent | $5,947 | $3,100 | $9,200 |
| San Luis Obispo County 5 Bedroom Homes for Rent | $8,600 | $5,800 | $10,000+ |
| San Luis Obispo County 6 Bedroom Homes for Rent | $8,750 | $7,500 | $10,000+ |
| San Luis Obispo County 7 Bedroom Homes for Rent | $11,500 | $10,000 | $10,000+ |
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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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Wineman | Third Floor | Studio,1BA | $1,250 |
| Villa Paseo Palms | Studio | Studio,1BA | $1,396 |
| Bordeaux House Apartments | 21 | 2BR,1BA | $1,965 |
| Avila Apartments in Downtown SLO | Avila Studio | Studio,1BA | $1,975 |
| Alturas Paso Robles Apartment Homes | 1/1A | 1BR,1BA | $1,995 |
Best Value Apartments for Rent in San Luis Obispo County, CA
As of May 16, 2026 the best value apartment in the San Luis Obispo County area is the $2.28 price per square foot The Adeline Model at Arrive Paso Robles in the in the The Summit neighborhood starting from $3,090. The second greatest value San Luis Obispo County apartment is the 680 Morro St Model at 680 Morro St starting at $3,500 with a $2.92 price per square foot in the Valle Vista neighborhood. Here is today’s list of the best values for San Luis Obispo County apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Arrive Paso Robles | The Adeline | 3BR,3BA | $2.28 |
| 680 Morro St | 680 Morro St | 2BR,1.5BA | $2.92 |
| 3217 Johnson Ave, Unit #21 | 3217 Johnson Ave | 2BR,1.5BA | $1.87 |
| Emerald Ridge Apartments | 2BR/1.5BA | 2BR,1.5BA | $2.85 |
| Blue Oak | The Chardonnay | 2BR,1.5BA | $2.51 |
| ReNew Atascadero | Two Bedroom Apartment | 2BR,2BA | $2.83 |
| The Oaks at Jornada | Renovated, upstairs, lower deposit | 2BR,2BA | $2.74 |
| Bordeaux House Apartments | 21 | 2BR,1BA | $2.31 |
| Dry Creek Apartments | 2x1 | 2BR,1BA | $2.50 |
| Ramona Gardens | Available 2 Bedroom | 2BR,2BA | $2.88 |
Frequently Asked Questions about San Luis Obispo County
What type of rentals are currently available in San Luis Obispo County?
There are currently 513 Apartments for Rent in San Luis Obispo County, CA with pricing that ranges from $989 to $8,500. There are also 144 Single Family Homes for rent, Condos, and Townhome rentals currently available in San Luis Obispo County ranging from $1,100 to $16,500.
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 $1,100 to $16,500 with an average monthly rent of $6,995.
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 $2,395 to $6,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $6,500. Four Bedroom Single-Family rentals are also available starting from $3,100 and Four Bedroom Apartments start at $1,380.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.