
Cheap Homes for Rent in San Luis Obispo County, CA from $1,200 (28 Rentals)
Search the lowest-cost Homes available for rent right now in San Luis Obispo County.


704 Vine St

225 E Branch St

5036 Bluebird Ln

1416 San Luis Dr

3121 Spring St

1128 Peach 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.

5640 Linne Rd

17259 Walnut Ave

208 McKinley St

515.5 Mitchell Dr

639 Johnson Ave

1620 Chestnut St

2700 Hemlock Ave
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.

801 Dodson Way

419 Pecan St

1933 Costa Brava, Unit Your own Floor in Condo

955 Via Solana

5010 Palma Ave

1839 Westfield Rd

1503 Olive St
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.

247 Broad St

126 S 10th St

1571 Vista Grande Ln

805 Boysen Ave

817 Boysen Ave

791 Boysen Ave

2250 Holden Ave
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.
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 | $3,145 | $1,750 | $5,595 |
| San Luis Obispo County 3 Bedroom Homes for Rent | $4,004 | $2,700 | $6,500 |
| San Luis Obispo County 4 Bedroom Homes for Rent | $5,844 | $3,200 | $9,200 |
| San Luis Obispo County 5 Bedroom Homes for Rent | $8,349 | $5,500 | $10,000+ |
| San Luis Obispo County 6 Bedroom Homes for Rent | $11,500 | $10,000 | $10,000+ |
| San Luis Obispo County 7 Bedroom Homes for Rent | $16,800 | $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 Avila Apartments in Downtown SLO in the Valle Vista neighborhood priced from $875. Wineman in the Valle Vista 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Avila Apartments in Downtown SLO | Avila Studio | Studio,1BA | $875 |
| Wineman | Third Floor | Studio,1BA | $1,250 |
| Casa Del Mar Condominiums | 1bed1bath | 1BR,1BA | $1,450 |
| Alturas Paso Robles Apartment Homes | 1/1A | 1BR,1BA | $1,665 |
| The Junction | 0BR/1.0BA | Studio,1BA | $1,975 |
| Bordeaux House Apartments | 21 | 2BR,1BA | $1,985 |
| Harvest Lofts | Studio | Studio,1BA | $2,050 |
| Paso de Oak | 1 Bedroom | 1BR,1BA | $2,050 |
| Dry Creek Apartments | 2x1 | 2BR,1BA | $2,150 |
| Irish Hills Hamlet Apartments | 1BR/1.0BA | 1BR,1BA | $2,150 |
Best Value Apartments for Rent in San Luis Obispo County, CA
As of March 18, 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 5910 El Camino Real Model at 5910 El Camino Real, Unit 5910 starting at $2,495 with a $2.50 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 896 Front St, Unit B | 896 Front St | 2BR,2.5BA | $2.50 |
| 5910 El Camino Real, Unit 5910 | 5910 El Camino Real | 2BR,1BA | $2.50 |
| ReNew Atascadero | Two Bedroom Apartment | 2BR,2BA | $2.93 |
| Alder Creek Apartments | 2BR/1.0BA | 2BR,1BA | $2.61 |
| The Oaks at Jornada | 2bdx2bth Renovated, upstairs, electric | 2BR,2BA | $2.74 |
| Bordeaux House Apartments | 21 | 2BR,1BA | $2.34 |
| Dry Creek Apartments | 2x1 | 2BR,1BA | $2.53 |
| Casa Del Mar Condominiums | 2bed2bath | 2BR,2BA | $2.35 |
| Irish Hills Hamlet Apartments | 1BR/1.0BA | 1BR,1BA | $2.87 |
| Alturas Paso Robles Apartment Homes | 1/1A | 1BR,1BA | $2.52 |
Frequently Asked Questions about San Luis Obispo County
What type of rentals are currently available in San Luis Obispo County?
There are currently 495 Apartments for Rent in San Luis Obispo County, CA with pricing that ranges from $875 to $16,500. There are also 170 Single Family Homes for rent, Condos, and Townhome rentals currently available in San Luis Obispo County ranging from $1,250 to $21,000.
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 $1,250 to $21,000 with an average monthly rent of $9,199.
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 $3,095 to $5,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,700 to $6,500. Four Bedroom Single-Family rentals are also available starting from $3,200 and Four Bedroom Apartments start at $1,753.
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

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.

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.

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.

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.