Cheap Homes for Rent in San Luis Obispo County, CA from $1,000 (23 Rentals)

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

property at 680 Chorro St

$1,250 - $2,400

2 Bedroom Rentals

Available Now

680 Chorro St

San Luis ObispoCA93401
property at 59 Chorro St

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

3 Bedroom, 1 Bath Home for Rent

Available Now

59 Chorro St, Unit Main

59 Chorro St
San Luis ObispoCA93405

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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.

property at 377 Sage St

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

1 Bedroom, 1 Bath Home for Rent

Available Aug 1

377 Sage St

San Luis ObispoCA93401
property at 2005 10th St

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

Studio, 1 Bath Home for Rent

Available Now

2005 10th St, Unit C

2005 10th St
Los OsosCA93402

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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 ListingModel NameBed/BathPriced From
Avila Apartments in Downtown SLOAvila One Bedroom1BR,1BA$1,200
Villa Paseo PalmsStudioStudio,1BA$1,396
Dry Creek Apartments2x12BR,1BA$1,925
Laguna Terrace ApartmentsTwo/One2BR,1BA$1,950
Alturas Paso Robles Apartment Homes1/1A1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Emerald Ridge Apartments2BR/1.5BA2BR,1.5BA$2.57
Arrive Paso RoblesThe Grace2BR,2BA$2.27
Blue OakThe Pinot Gris2BR,2BA$2.84
172 W Price St2 Beds, 2 Baths2BR,2BA$2.10
ReNew AtascaderoTwo Bedroom Apartment2BR,2BA$2.82
Laguna Terrace ApartmentsTwo/One2BR,1BA$2.27
Dry Creek Apartments2x22BR,2BA$2.56
Ramona GardensAvailable 2 Bedroom2BR,2BA$2.88
5440 Capistrano Ave, Unit B5440 Capistrano Ave2BR,1BA$2.94
240 Spring StreetDowntown 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

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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.

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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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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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.