Cheap Homes for Rent in San Luis Obispo County, CA from $1,200 (17 Rentals)

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

property at 3051 Augusta St
$1,500 - $5,000

Total Monthly Price

Base Rent$1,500 - $5,000
Total Monthly Price$1,500 - $5,000
1 To 3 Bedroom Townhomes for Rent
Available Oct 1
Furnished

3051 Augusta St

San Luis ObispoCA93401
property at 2206 Spring St
$1,600 - $2,000

Total Monthly Price

Base Rent$1,600 - $2,000
Total Monthly Price$1,600 - $2,000
Studio To 1 Bedroom Homes for Rent
Available Now
Affordability

2206 Spring St

Paso RoblesCA93446

Rent According to Income: A Look at Income-Restricted Rentals

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property at 1421 Pine St
$1,950

Total Monthly Price

Base Rent$1,950
Total Monthly Price$1,950
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

1421 Pine St

Paso RoblesCA93446
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property at 402 W Grand Ave
$2,200 - $2,300
1 Bedroom Rentals
Available Now

402 W Grand Ave

Grover BeachCA93433

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Showing Results 1-17, Page 1 of 1

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

As of September 29, 2026 the best value rental home in the San Luis Obispo County area is the $2.48 price per square foot 399 Jaycee Dr Model at 399 Jaycee Dr in the San Luis Obispo neighborhood starting from $6,200. The second greatest value San Luis Obispo County rental home is the 1260 Nipomo Ave Model at 1260 Nipomo Ave in the Avila Beach Los Osos neighborhood starting at $5,500 with a $2.33 price per square foot. Here is today’s list of the best values for San Luis Obispo County homes based on price per square foot:

Home ListingModel NameBed/BathPrice Per Sq.Ft.
399 Jaycee Dr399 Jaycee Dr5BR, 2BA$2.48
1260 Nipomo Ave1260 Nipomo Ave4BR, 3BA$2.33
168 Ralph Beck Ln168 Ralph Beck Ln4BR, 3BA$2.09
120 Le Point St120 Le Point St3BR, 4BA$2.29
869 Coriander Ln, Unit 869 Coriander Ln.869 Coriander Ln3BR, 3.5BA$2.31
192 Irish Way192 Irish Way3BR, 2BA$2.33
3872 Righetti Ranch Rd3872 Righetti Ranch Rd3BR, 2.5BA$2.32
45 Brewer St, Unit 45 Brewer45 Brewer St3BR, 2BA$1.88
15 Hillcrest Dr15 Hillcrest Dr2BR, 1BA$2.21
2510 Bridle Trail Ln2510 Bridle Trail Ln3BR, 2BA$2.32

Frequently Asked Questions about San Luis Obispo County

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

There are currently 474 Apartments for Rent in San Luis Obispo County, CA with pricing that ranges from $899 to $5,662. There are also 119 Single Family Homes for rent, Condos, and Townhome rentals currently available in San Luis Obispo County ranging from $1,200 to $10,500.

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 $1,200 to $10,500 with an average monthly rent of $3,741.

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 $2,895 to $3,950, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,750 to $6,500. Four Bedroom Single-Family rentals are also available starting from $3,500 and Four Bedroom Apartments start at $1,490.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

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Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.