
Cheap Homes for Rent in San Luis Obispo County, CA from $1,000 (23 Rentals)
Search the lowest-cost Homes available for rent right now in San Luis Obispo County.


1492 14th St

680 Chorro St

227 E Branch St

59 Chorro St, Unit Main

990 Niderer Rd

1372 K St
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.

377 Sage St

377 Sage St, Unit Room 1

2005 10th St, Unit C

200 S 13th St

802 Vista Grande St

1533 El Tigre Ct, Unit M

115 Palomar Ave
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.

1607 Westfield Rd

2212 Pine St

1886 San Luis Rnch Rd

805 Boysen Ave

9165 San Gabriel Rd

130 N 5th St

2157 Laguna Negra 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.

45 Stenner St

750 Chorro St
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 | $3,198 | $1,250 | $5,595 |
| San Luis Obispo County 3 Bedroom Homes for Rent | $3,889 | $1,500 | $6,500 |
| San Luis Obispo County 4 Bedroom Homes for Rent | $5,047 | $3,095 | $9,200 |
| San Luis Obispo County 5 Bedroom Homes for Rent | $7,500 | $5,200 | $10,000+ |
| San Luis Obispo County 6 Bedroom Homes for Rent | $8,425 | $6,850 | $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 1 Bed unit found at Avila Apartments in Downtown SLO in the Valle Vista neighborhood priced from $1,200. 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 |
|---|---|---|---|
| Avila Apartments in Downtown SLO | Avila One Bedroom | 1BR,1BA | $1,200 |
| Villa Paseo Palms | Studio | Studio,1BA | $1,396 |
| Dry Creek Apartments | 2x1 | 2BR,1BA | $1,925 |
| Laguna Terrace Apartments | Two/One | 2BR,1BA | $1,950 |
| Alturas Paso Robles Apartment Homes | 1/1A | 1BR,1BA | $1,995 |
Best Value Apartments for Rent in San Luis Obispo County, CA
As of June 30, 2026 the best value apartment in the San Luis Obispo County area is the $2.57 price per square foot 2BR/1.5BA Model at Emerald Ridge Apartments in the in the Morro Bay Cayucos Cambria neighborhood starting from $3,050. The second greatest value San Luis Obispo County apartment is the The Grace Model at Arrive Paso Robles starting at $2,455 with a $2.27 price per square foot in the The Summit 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. |
|---|---|---|---|
| Emerald Ridge Apartments | 2BR/1.5BA | 2BR,1.5BA | $2.57 |
| Arrive Paso Robles | The Grace | 2BR,2BA | $2.27 |
| Blue Oak | The Pinot Gris | 2BR,2BA | $2.84 |
| 172 W Price St | 2 Beds, 2 Baths | 2BR,2BA | $2.10 |
| ReNew Atascadero | Two Bedroom Apartment | 2BR,2BA | $2.82 |
| Laguna Terrace Apartments | Two/One | 2BR,1BA | $2.27 |
| Dry Creek Apartments | 2x2 | 2BR,2BA | $2.56 |
| Ramona Gardens | Available 2 Bedroom | 2BR,2BA | $2.88 |
| 5440 Capistrano Ave, Unit B | 5440 Capistrano Ave | 2BR,1BA | $2.94 |
| 240 Spring Street | Downtown Paso Robles 2 Bedroom 1 Bathroom with ... | 2BR,1BA | $2.73 |
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 $950 to $9,528. There are also 123 Single Family Homes for rent, Condos, and Townhome rentals currently available in San Luis Obispo County ranging from $1,100 to $15,985.
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 $15,985 with an average monthly rent of $5,953.
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 $2,950 to $9,528, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $6,500. Four Bedroom Single-Family rentals are also available starting from $3,095 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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.