
Cheap Apartments for Rent near San Simeon, CA from $989 (50 Rentals)
Search the lowest-cost Apartments available for rent right now in San Simeon.


California Grand Manor Senior Apartments

Coaling Station B

Villa del Sol Senior Apartments

Villa Paseo Palms

Wineman

Total Monthly Price
La Vista

Peach Street

Laguna Terrace Apartments

Total Monthly Price
Alturas Paso Robles Apartment Homes
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.

Irish Hills Hamlet Apartments

240 Spring Street

Bordeaux House Apartments

Paso de Oak

Dry Creek Apartments

Ramona Gardens

2710 Spyglass Dr

La Plaza Villas

de Tolosa Ranch Apartments

The Oaks at Jornada
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.

The Junction (2120 Santa Barbara Ave)

Total Monthly Price
Arrive Paso Robles

Villa Del Rio

Emerald Ridge Apartments

Alder Creek Apartments

1492 14th St

Casa Nueva

The Elm Tree Estates

Walnut Place & Walnut Terrace

River Walk Terrace
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

1615 Westfield Rd

5525 Capistrano Ave

University Chorro Commons

Roundhouse Place

Harvest Lofts

Las Lomas Village

Reserve at Vinedo

7478 Santa Ysabel Ave

742 Boysen Ave

Emerald Court Apartments
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.

1541 Olive St

1824 Kimberly Dr

421 Dana St

2107 Sunset Ave

714 Tanner Dr

1565 Shiloh Pl

1511 Olive St

2800 Broad St

Vintage at SLO

321 15th St
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.
San Simeon, CA Local Guide

How much does it cost to rent an apartment in San Simeon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| San Simeon Studio Apartments | $2,118 | $989 | $2,855 |
| San Simeon 1 Bedroom Apartments | $2,261 | $1,325 | $3,720 |
| San Simeon 2 Bedroom Apartments | $2,378 | $1,100 | $3,450 |
| San Simeon 3 Bedroom Apartments | $3,174 | $2,395 | $3,850 |
| San Simeon 4 Bedroom Apartments | $1,652 | $1,490 | $1,718 |
Browse Top Apartments in San Simeon
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San Simeon, CA Local Guide
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Cheapest Available San Simeon Apartments for Rent and Nearby
 The cheapest available apartment rental in San Simeon, CA is a Studio unit found at Villa del Sol Senior Apartments in the Santa Maria neighborhood priced from $1,350. La Vista in the Santa Maria neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,543. Here is today’s list of the most affordable San Simeon apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Villa del Sol Senior Apartments | 0BR/1.0BA | Studio, 1BA | $1,350 |
| La Vista | Studio | Studio, 1BA | $1,543 |
| Villa Paseo Palms | One Bedroom | 1BR, 1BA | $1,556 |
| Laguna Terrace Apartments | Two/One | 2BR, 1BA | $1,950 |
| Alturas Paso Robles Apartment Homes | 1/1A | 1BR, 1BA | $1,995 |
| Irish Hills Hamlet Apartments | 1BR/1.0BA | 1BR, 1BA | $2,050 |
| Paso de Oak | 1 Bedroom | 1BR, 1BA | $2,100 |
| Dry Creek Apartments | 2x1 | 2BR, 1BA | $2,125 |
| 2710 Spyglass Dr | C | 1BR, 1BA | $2,200 |
| La Plaza Villas | 3/1 Flat | 3BR, 1BA | $2,295 |
Best Value Apartments for Rent in San Simeon, CA and Nearby
As of September 22, 2026 the best value apartment in the San Simeon area is the $2.40 price per square foot The Malbec Model at Blue Oak in the Paso Robles neighborhood starting from $3,480. The second greatest value San Simeon apartment is the 4BR/2BA - Foothill Model at Palomar at SLO in the San Luis Obispo neighborhood starting at $1,695 with a $1.47 price per square foot. Here is today’s list of the best values for San Simeon apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Blue Oak | The Malbec | 3BR, 3BA | $2.40 |
| Palomar at SLO | 4BR/2BA - Foothill | 4BR, 2BA | $1.47 |
| La Plaza Villas | 3/2 Flat | 3BR, 2BA | $2.47 |
| Chorro at SLO | 4BR/2BA - Morro | 4BR, 2BA | $1.58 |
| Emerald Ridge Apartments | 2BR/1.0BA | 2BR, 1BA | $2.68 |
| Mustang I Townhome | 2x2 TH Upgraded | 2BR, 2BA | $1.26 |
| Laguna Terrace Apartments | Two/One | 2BR, 1BA | $2.27 |
| Dry Creek Apartments | 2x1 | 2BR, 1BA | $2.50 |
| Irish Hills Hamlet Apartments | 2BR/1.0BA | 2BR, 1BA | $2.82 |
| 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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore San Simeon, CA Rentals by Map
See the most popular apartments and homes in San Simeon, CA
Frequently Asked Questions about Cheap San Simeon Apartments
What is the Cheapest Studio apartment in San Simeon?
Currently the most affordable Cheap Studio Apartment in San Simeon is at Villa del Sol Senior Apartments listed at $1,350.
How much is rent for a Cheap One Bedroom San Simeon Apartment?
The lowest price for a Cheap One Bedroom San Simeon Apartment is $1,550 at Villa del Sol Senior Apartments.
What is the lowest price for a Cheap Two Bedroom San Simeon Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in San Simeon is starting from $1,681 at Villa Paseo Palms.
What is the most affordable San Simeon Three Bedroom Apartment?
The best deal on a cheap San Simeon Three Bedroom Apartment rental is at La Plaza Villas and starts from $2,295.
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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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.

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.