
Cheap Homes for Rent near San Miguel, CA from $975 (7 Rentals)
Search the lowest-cost Homes available for rent right now in San Miguel.


5 Hummingbird Ct

665 S Coalinga St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

5525 Capistrano Ave

7478 Santa Ysabel Ave

1541 Olive St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

392 Santa Maria Ave
San Miguel, CA Local Guide

How much does it cost to rent a home in San Miguel?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| San Miguel 2 Bedroom Homes for Rent | $2,612 | $2,250 | $2,975 |
| San Miguel 3 Bedroom Homes for Rent | $3,390 | $1,900 | $5,500 |
| San Miguel 5 Bedroom Homes for Rent | $4,650 | $4,500 | $4,800 |
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San Miguel, CA Local Guide
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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. River Walk Terrace in the Paso Robles neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,501. Here is today’s list of the most affordable San Miguel apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Palmer Villas Apartments | 1 Bed 1 Bath | 1BR,1BA | $495 |
| River Walk Terrace | One Bedroom 60% AMI | 1BR,1BA | $1,501 |
| Villa Paseo Palms | One Bedroom | 1BR,1BA | $1,556 |
Best Value Apartments for Rent in San Miguel, CA and Nearby
As of August 31, 2026 the best value apartment in the San Miguel area is the $1.47 price per square foot 4BR/2BA - Foothill Model at Palomar at SLO in the in the San Luis Obispo neighborhood starting from $1,695. The second greatest value San Miguel apartment is the The Grace Model at Arrive Paso Robles starting at $2,660 with a $2.46 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Palomar at SLO | 4BR/2BA - Foothill | 4BR,2BA | $1.47 |
| Arrive Paso Robles | The Grace | 2BR,2BA | $2.46 |
| Blue Oak | The Pinot Gris | 2BR,2BA | $2.60 |
| Chorro at SLO | 4BR/2BA - Morro | 4BR,2BA | $1.58 |
| Laguna Terrace Apartments | Two/One | 2BR,1BA | $2.27 |
| Dry Creek Apartments | 2x2 | 2BR,2BA | $2.65 |
| Palmer Villas Apartments | 1 Bed 1 Bath | 1BR,1BA | $0.58 |
| 240 Spring Street | Downtown Paso Robles 2 Bedroom 1 Bathroom with ... | 2BR,1BA | $2.73 |
| River Walk Terrace | One Bedroom 60% AMI | 1BR,1BA | $2.39 |
| Villa Paseo Palms | One Bedroom | 1BR,1BA | $2.69 |
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 ArticleReal 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.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about San Miguel
What type of rentals are currently available in San Miguel?
There are currently 50 Apartments for Rent in San Miguel, CA with pricing that ranges from $495 to $3,950. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in San Miguel ranging from $975 to $5,500.
What is the current price range for Rental Homes in San Miguel?
Today's rental pricing for Homes for Rent, Condos and Townhomes in San Miguel ranges from $975 to $5,500 with an average monthly rent of $3,011.
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

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.

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.