Cheap Apartments for Rent in San Miguel, CA from $400 (37 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in San Miguel.

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.

Read Article

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.

Read Article
close
View Me
Casa Nueva
Studio to 2 Bedroom Apartments

Casa Nueva

241 E Glenn AveCoalinga, CA 93210
  • Utilities Included
close
View Me
River Walk Terrace
1 to 2 Bedroom Apartments

River Walk Terrace

120 Niblick RdPaso Robles, CA 93446
Senior Living
  • Utilities Included
close
View Me
University Chorro Commons
1 to 2 Bedroom Apartments

University Chorro Commons

263 N ChorroSan Luis Obispo, CA 93405
Student Housing
  • Utilities Included
close
View Me
Roundhouse Place
Studio to 3 Bedroom Apartments

Roundhouse Place

2220-2224 Emily StSan Luis Obispo, CA 93401

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.

Read Article
close
View Me
Harvest Lofts
Studio to 1 Bedroom Apartments

Harvest Lofts

845 Madonna RdSan Luis Obispo, CA 93405
  • Utilities Included
close
View Me
Las Lomas Village
1 to 3 Bedroom Apartments

Las Lomas Village

9245 Ciruela WayAtascadero, CA 93422
  • Utilities Included
close
View Me
Reserve at Vinedo
1 to 3 Bedroom Apartments

Reserve at Vinedo

1573 Parkview LnPaso Robles, CA 93446

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.

Read Article
close
View Me
742 Boysen Ave
2 Bedroom Apartments

742 Boysen Ave

742 Boysen AveSan Luis Obispo, CA 93405
Showing Results 1-37, Page 1 of 1

San Miguel, CA Local Guide

Cheapest Available San Miguel Apartments for Rent and Nearby

 

The cheapest available apartment rental in San Miguel, CA is a 1 Bed unit found at Palmer Villas Apartments priced from $495. Coaling Station B has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,100. Here is today’s list of the most affordable San Miguel apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Palmer Villas Apartments1 Bed 1 Bath1BR,1BA$495
Coaling Station B2 Bedroom 1 Bathroom2BR,1BA$1,100
Villa Paseo PalmsStudioStudio,1BA$1,396
Peach StreetSTUDIOStudio,1BA$1,850
Laguna Terrace ApartmentsTwo/One2BR,1BA$1,950
Alturas Paso Robles Apartment Homes1/1A1BR,1BA$1,995
240 Spring StreetDowntown Paso Robles 2 Bedroom 1 Bathroom with ...2BR,1BA$2,050
Dry Creek Apartments2x12BR,1BA$2,125
Connect SLOThe StudioStudio,1BA$2,195
Irish Hills Hamlet Apartments1BR/1.0BA1BR,1BA$2,200

Best Value Apartments for Rent in San Miguel, CA and Nearby

As of July 06, 2026 the best value apartment in the San Miguel area is the $2.68 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 Miguel apartment is the The Grace Model at Arrive Paso Robles starting at $2,470 with a $2.28 price per square foot in the Paso Robles neighborhood. Here is today’s list of the best values for San Miguel apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Emerald Ridge Apartments2BR/1.5BA2BR,1.5BA$2.68
Arrive Paso RoblesThe Grace2BR,2BA$2.28
Blue OakThe Pinot Gris2BR,2BA$2.84
ReNew AtascaderoTwo Bedroom Apartment2BR,2BA$2.82
Laguna Terrace ApartmentsTwo/One2BR,1BA$2.27
Palmer Villas Apartments1 Bed 1 Bath1BR,1BA$0.58
Dry Creek Apartments2x22BR,2BA$2.62
Irish Hills Hamlet Apartments2BR/1.0BA2BR,1BA$2.94
Coaling Station B2 Bedroom 1 Bathroom2BR,1BA$1.33
240 Spring StreetDowntown Paso Robles 2 Bedroom 1 Bathroom with ...2BR,1BA$2.73

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

Read Article
Decorative image

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore San Miguel, CA Rentals by Map

Decorative image of map

See the most popular apartments and homes in San Miguel, CA

View Map
San Miguel, CA Apartments Map
View Map
San Miguel, CA Rental Homes Map

Frequently Asked Questions about Cheap San Miguel Apartments

What is the Cheapest Studio apartment in San Miguel?

Currently the most affordable Cheap Studio Apartment in San Miguel is at Villa Paseo Palms listed at $1,396.

How much is rent for a Cheap One Bedroom San Miguel Apartment?

The lowest price for a Cheap One Bedroom San Miguel Apartment is $495 at Palmer Villas Apartments.

What is the lowest price for a Cheap Two Bedroom San Miguel Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in San Miguel is starting from $634 at Palmer Villas Apartments.

What is the most affordable San Miguel Three Bedroom Apartment?

The best deal on a cheap San Miguel Three Bedroom Apartment rental is at Palmer Villas Apartments and starts from $685.

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

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.