165

San Luis Obispo, CA Homes for Rent

Section Image
  • /72

    Starting at $599 Per Month

    • 1 - 2 Beds

    1050 E Foothill Blvd, San Luis Obispo, CA 93405

    Student Living Made Easy at The SLO Apartments! Whether you're currently enrolled or planning to attend Cal Poly SLO or Cuesta College, finding the perfect student housing is simple at The SLO! Just a short walk from Cal Poly’s campus and a quick drive to Cuesta, our community offers unbeatable convenience, comfort, and style. We offer modern amenities, fully furnished rooms, and a variety of

    The SLO Student Living Apartments

    1050 E Foothill Blvd, San Luis Obispo, CA 93405
  • /67

    Starting at $2,200 Per Month

    • Studio - 1 Bed

    475-497 Marsh St, San Luis Obispo, CA 93401

    Welcome to Avila Apartments in Downtown San Luis ObispoDiscover the charm of Avila Apartments, ideally located in the heart of downtown San Luis Obispo. Offering quaint studio and one-bedroom homes at an exceptional value, our community puts you within steps of local shops, restaurants, parks, and all the amenities you need to live comfortably and stay connected.Schedule a tour today and see why

    Avila Apartments in Downtown SLO

    475-497 Marsh St, San Luis Obispo, CA 93401
  • /50

    Starting at $1,099 Per Month

    • Studio - 1 Bed

    564 Higuera St, San Luis Obispo, CA 93401

    Welcome to Artisan Apartments — where luxury living meets downtown charm. Enjoy modern amenities like stainless steel appliances, HVAC, and in-unit laundry, all in the heart of San Luis Obispo. Take in stunning downtown and mountain views from your private balcony, and step out your back door into the Creamery Marketplace for coffee, cocktails, and more. With on-site parking, a community backyard

    Artisan Apartments

    564 Higuera St, San Luis Obispo, CA 93401
  • /26

    Starting at $1,850 Per Month

    • Studio - 2 Beds

    660 Peach St, San Luis Obispo, CA 93401

    Peach Street

    660 Peach St, San Luis Obispo, CA 93401
  • /45

    Starting at $2,475 Per Month

    • Studio - 2 Beds

    3554 Ranch House Rd, San Luis Obispo, CA 93401

    Tastefully modern and true to San Luis Obispo, Vintage at SLO is designed with you in mind. Situated in close proximity to local entertainment and recreation in the heart of San Luis Obispo, Vintage at SLO is the perfect apartment home for those seeking luxury living without sacrificing convenience. Located just 2 miles southeast of downtown San Luis Obispo, Vintage at SLO offers all the fun of

    Vintage at SLO

    3554 Ranch House Rd, San Luis Obispo, CA 93401
  • /36

    Starting at $2,200 Per Month

    • 1 - 3 Beds

    11343 Los Osos Valley Rd, San Luis Obispo, CA 93405

    Find your new home in a garden setting at Irish Hills Hamlet in San Luis Obispo, CA. Make a visit to see the available floorplan options. Here at this community, the professional leasing staff is available to assist you in finding your perfect fit. You'll experience a unique variety of features and amenities at this community like storage, community garden, pool, and convenient on-site parking

    Irish Hills Hamlet Apartments

    11343 Los Osos Valley Rd, San Luis Obispo, CA 93405
  • /35

    Starting at $1,415

    Total Monthly Price

    • 4 - 5 Beds

    71 Palomar Ave, San Luis Obispo, CA 93405

    Welcome to Palomar at SLO, a beautiful way to enjoy stylish Cal Poly off-campus housing! This exciting new apartment community features all the comforts and luxury you need to make the most of your educational experience. Each of our lovingly designed studio, 4, or 5-bedroom modern garden-style apartments come fully-furnished and fully loaded with unbelievable amenities and perks, from in-unit

    Palomar at SLO

    71 Palomar Ave, San Luis Obispo, CA 93405
  • /38

    Starting at $2,775 Per Month

    • 1 - 2 Beds

    1704 Tonini Dr, San Luis Obispo, CA 93405

    Welcome to de Tolosa Ranch Apartment Community!HOME FEATURES:Fully-Equipped KitchensCeiling Fans2" Mini-BlindsSpacious ClosetsLarge Patios or BalconiesMicrowaves, DishwashersRefrigerators (some with Ice Makers) Washer/Dryer Connections (one and two bedroom homes)Linen ClosetsCable ReadyMultiple

    de Tolosa Ranch Apartments

    1704 Tonini Dr, San Luis Obispo, CA 93405
  • /5

    Starting at $1,250 Per Month

    • Studio

    849 Higuera St Unit 340, San Luis Obispo, CA 93401

    Live in the heart of downtown San Luis Obispo at 849 Higuera Street! These charming studio apartments are located in a quiet, historic building just steps from restaurants, shopping, and the SLO Farmers Market. Enjoy the convenience of on-site laundry and flexible month-to-month leasing. Ideal for anyone looking for walkable, low-maintenance living in one of SLO’s most desirable locations.

    Wineman

    849 Higuera St Unit 340, San Luis Obispo, CA 93401
  • /38

    Starting at $2,750 Per Month

    • 1 - 2 Beds

    791 Orcutt Rd, San Luis Obispo, CA 93401

    Welcome to Twin Creeks Apartments! IN HOME:Brand New Community Spring & Summer 2021 CompletionSpacious layouts (select homes with vaulted ceilings)Gourmet Kitchen with Stainless Steel Appliances Refrigerator, Gas Range & Oven, Dishwasher, Built-In MicrowaveQuartz Countertops and white custom cabinetry and fixtures (select homes Kitchen Island with cabinet

    Twin Creeks

    791 Orcutt Rd, San Luis Obispo, CA 93401
  • /20

    Starting at $1,000 Per Month

    • 3 Beds

    555 Ramona Dr, San Luis Obispo, CA 93405

    Are you a current or Future Student at Cal Poly or Cuesta College San Luis Obispo? Do you still need to secure housing for Fall 2025? Valencia Apartments can help you find the right unit for your housing needs! Valencia Apartments is an off-campus housing complex that caters to the Cal Poly and Cuesta Student community. We can match you with roommates if you are coming in as a single

    Valencia Apartments

    555 Ramona Dr, San Luis Obispo, CA 93405
  • /20

    Starting at $1,650 Per Month

    • 2 Beds

    1121 Montalban St, San Luis Obispo, CA 93405

    Welcome to Montalban Student Housing!San Luis Obispo’s newest student living community. We’re excited to begin leasing our single and double-occupancy apartments and look forward to welcoming our next group of residents.Montalban offers an ideal location—just a 15-minute walk (0.8 miles) to Cal Poly and a quick 10-minute drive to Cuesta College. Residents also enjoy convenient access

    Montalban

    1121 Montalban St, San Luis Obispo, CA 93405
  • /20

    Starting at $1,415

    Total Monthly Price

    • 4 Beds

    22 Chorro St, San Luis Obispo, CA 93405

    Meet Chorro at SLO, a totally new take on student living in San Luis Obispo, steps away from the Cal Poly campus. Modern architecture, urban style, green initiatives for healthy people and a happy planet. Enjoy internet speeds up to 1GBPS (1 gigabite per second), take in the views from our rooftop terrace or your own private balcony. Everything you need to study hard and live well is at Chorro at

    Chorro at SLO

    22 Chorro St, San Luis Obispo, CA 93405
  • /20

    Starting at $1,150 Per Month

    • Studio - 4 Beds

    1 Mustang Dr, San Luis Obispo, CA 93405

    Mustang Village is more than just a place to store your stuff; it's a community designed with you in mind, a social and academic crossroads, a center where your day begins and ends. Our spacious apartments are filled with unique features intended to ensure that our residents are comfortable. The fully furnished apartments, on-site community park, and planned activities will help you feel so much

    Mustang I Townhome

    1 Mustang Dr, San Luis Obispo, CA 93405
  • /9

    Starting at $2,295 Per Month

    • Studio - 1 Bed

    3110 Duncan Rd, San Luis Obispo, CA 93401

    Welcome to Connect SLO, where convenience and modern living meet in the heart of San Luis Obispo, CA. Our friendly on-site management is here to assist you with any needs, while our automated mechanical parking lifts make parking a breeze. Stay connected with high-speed broadband fiber optic internet and take advantage of our smart package lockers for easy deliveries. Stay active in our

    Connect SLO

    3110 Duncan Rd, San Luis Obispo, CA 93401
  • /8

    $3,300 Per Month

    • 1 Bed
    • 1 Bath
    • 986 Sq Ft
    • Condo for Rent

    4340 Prefumo Canyon Rd Unit A, San Luis Obispo, CA 93405

    Luxury Hilltop 1 Bed / 1 Bath with Panoramic Ocean ViewsEnjoy luxury coastal living in this private hilltop 1-bedroom, 1-bath home with breathtaking ocean views, including Morro Rock, from your expansive private deck.Features include a gourmet kitchen with granite/quartz countertops, custom cabinetry, high-end appliances, and a propane range; elegant tile flooring with heated bathroom

    4340 Prefumo Canyon Rd Unit A, San Luis Obispo, CA 93405
  • /10

    $2,150 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    1533 El Tigre Ct Unit M, San Luis Obispo, CA 93405

    Property Id: 2588706Available Early August 2026 (if this ad is up, the unit is available!)-- Pleasant 1 bedroom, 1 bath second floor apartment at 1533 El Tigre Court in convienent San Luis Obispo area. Close to shopping and businesses--only 1/2 block to Laguna shopping center and public transit. Kitchen includes dishwasher, refrigerator, stove (electric) and boasts a laundry area within

    1533 El Tigre Ct Unit M, San Luis Obispo, CA 93405
  • /14

    $4,300 Per Month

    • 3 Beds
    • 3.5 Baths
    • 1,346 Sq Ft
    • Condo for Rent

    905 Madonna Rd Unit 71, San Luis Obispo, CA 93405

    Welcome to your future home in beautiful San Luis Obispo, CA! This property offers a perfect blend of comfort and convenience, making it an ideal choice for anyone seeking a vibrant lifestyle in this thriving community. Located near several fantastic restaurants and department stores, you’ll enjoy easy access to the best local amenities. Dignity Health - French Hospital Medical Center is just a

    905 Madonna Rd Unit 71, San Luis Obispo, CA 93405
  • /7

    $3,900 Per Month

    • 3 Beds
    • 2 Baths
    • 1,000 Sq Ft
    • House for Rent

    1544 Morro St, San Luis Obispo, CA 93401

    Property Id: 1554219Available August 2026: (**please do not disturb current tenants**) Vintage California bungalow in a fabulous downtown location. Close to Mitchell Park, rail station, great restaurants, shopping, and Cal Poly. Located at 1544 Morro Street, the house has 3 bedrooms and 2 full baths. The kitchen comes with gas stove, dishwasher and fridge. House has interior clothes

    1544 Morro St, San Luis Obispo, CA 93401
  • /25

    $4,300

    Total Monthly Price

    • 2 Beds
    • 2.5 Baths
    • 1,348 Sq Ft
    • Condo for Rent

    2478 Victoria Ave Unit 104, San Luis Obispo, CA 93401

    Stunning modern condo in a scenic and highly desirable San Luis Obispo location. This beautifully designed home features an open-concept layout with abundant natural light, wide-plank flooring, and high-end contemporary finishes throughout. The spacious living area flows seamlessly into a sleek, upgraded kitchen with quartz countertops, stainless steel appliances, and ample cabinetry, perfect for

    2478 Victoria Ave Unit 104, San Luis Obispo, CA 93401
  • /39

    $2,400

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 438 Sq Ft
    • Condo for Rent

    1322 Noveno Ave Unit A, San Luis Obispo, CA 93401

    New Modern Apartment - All Utilities Included, even wifi! Great place to call home in a wonderful neighborhood. Perfect for 1-2 people, with everything you need. Includes Washer/Dryer and a wonderful patio and view of beautiful San Luis Obispo hills. Large windows and lots of light. This is an attached ADU unit in a new home built in 2020, so everything is new and upgraded. Nice family lives in

    1322 Noveno Ave Unit A, San Luis Obispo, CA 93401
  • /45

    $8,400

    Total Monthly Price

    • 5 Beds
    • 2.5 Baths
    • 2,102 Sq Ft
    • House for Rent

    679 Rancho Dr, San Luis Obispo, CA 93405

    For groups of 6-8. 5-bedroom with HOT TOB, 2.5 bathroom with two car garage; 2100 Sq Ft. close to Poly campus and short drive to Cuesta. Updated central heat and air conditioning, new floors, new kitchen appliances, new washer/dryer, new roof, new plumbing including faucets/toilets, tankless water heater, new window coverings. new electrical, new paint. The house comes with a two car garage,

    679 Rancho Dr, San Luis Obispo, CA 93405
  • /15

    $5,960

    Total Monthly Price

    • 4 Beds
    • 2 Baths
    • 1,295 Sq Ft
    • House for Rent

    316 E Foothill Blvd, San Luis Obispo, CA 93405

    A fully furnished home is awaiting you in this clean, well-maintained 4-bedroom, 2-bath home located just 1.5 miles from campus—an easy bike ride to Cal Poly.Each private bedroom is fully furnished and move-in ready with a bed, mattress, desk, chair, and dresser, making your move simple and stress-free.Home Features:Private furnished bedrooms2 full bathroomsSpacious, fully

    316 E Foothill Blvd, San Luis Obispo, CA 93405
  • /2

    $2,900

    Total Monthly Price

    • 2 Beds
    • 1.5 Baths
    • 1,200 Sq Ft
    • Condo for Rent

    1631 Fredericks St Unit Basement Apartment, San Luis Obispo, CA 93405

    Basement Apartment. 2 parking spots. Owners living upstairs. Odd Floor-plan, Bathroom is located within Bedroom, see Video Tour. Please DO NOT contact owners. Max occupancy is 2. contact Property Manager, Alan (Lic. Real Estate Broker - Home Real Estate & Inv. UT)

    1631 Fredericks St Unit Basement Apartment, San Luis Obispo, CA 93405
  • /10

    $4,800

    Total Monthly Price

    • 4 Beds
    • 2 Baths
    • 1,000 Sq Ft
    • House for Rent

    2007 Broad St, San Luis Obispo, CA 93401

    Brand new rental property with completely renovated interior:-New kitchen with stainless appliances-Quartz countertops-Two remodeled bathrooms-Luxury vinyl plank flooring-Mini-split HVAC-Private fenced yard-New rear deck-Washer/dryer included-Walkable/bikeable to Downtown SLO-Suitable for professionals, families, or studentsThe house has been

    2007 Broad St, San Luis Obispo, CA 93401
  • /21

    $3,000

    Total Monthly Price

    • 3 Beds
    • 1 Bath
    • 1,200 Sq Ft
    • House for Rent

    199 Chorro St, San Luis Obispo, CA 93405

    Showing for those who have applied July 12-16th!This recently updated 3 bed/1bath, 1,200SF house is situated in the Anholm district, one of the most desirable neighborhoods in San Luis Obispo. A short walk to downtown shops and restaurants. This inviting home is bright and airy, with beautiful flooring and many bright windows. Enjoy the shared backyard oasis with a space overlooking the

    199 Chorro St, San Luis Obispo, CA 93405
  • /19

    $3,500

    Total Monthly Price

    • 2 Beds
    • 2.5 Baths
    • 1,538 Sq Ft
    • Townhouse for Rent

    1207 Manzanita Way, San Luis Obispo, CA 93401

    Rare short-term, fully furnished townhouse with multiple amenities in desirable Islay Hill neighborhood available for rent at only $3,500/month. This is a 3-month+ lease, with an opportunity to pro-rate the last week of August (starting August 29, 2026) and/or the first week in December (ending December 6, 2026).Amenities include:*2 bedrooms (large master with Cal King + full

    1207 Manzanita Way, San Luis Obispo, CA 93401
  • /2

    $3,450

    Total Monthly Price

    • 3 Beds
    • 3 Baths
    • 1,938 Sq Ft
    • House for Rent

    1744 Singletree Ct, San Luis Obispo, CA 93405

    Newer 3 bedroom, 3 bath two-story home in great shape. Two-car garage with opener. Newer appliances, including inside laundry with washer and dryer, refrigerator, gas stove, gas fireplace, wood blinds, private patio, low maintenance landscaping. View of hills, walk to a close park, Costco and Whole Foods. Available July 5th, dates could be flexible.

    1744 Singletree Ct, San Luis Obispo, CA 93405
  • /33

    $1,500

    Total Monthly Price

    • 3 Beds
    • 1 Bath
    • 1,700 Sq Ft
    • House for Rent

    59 Chorro St Unit Main, San Luis Obispo, CA 93405

    One room available for one in a 3 bedroom home near Cal Poly.You’ll be sharing the home with two males in their twenties in a clean, respectful, easygoing household. A separate guest house on the property is occupied by another male.Great central location close to downtown, shopping, the hospital, and Cal Poly.Details:Rent $1700 per monthUtilities shared among

    59 Chorro St Unit Main, San Luis Obispo, CA 93405
  • /19

    $1,500 - $2,100

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 115 Sq Ft
    • Townhouse for Rent

    3051 Augusta St, San Luis Obispo, CA 93401

    We have a Townhome 3 Bed/2.5 Bath fully Remodeled and furnished with all utilities, amenities and smart home features included in the rental: Both Bedrooms are Available August 1st,’2026-August 31st 2027 for 12 months or 24 or 36 months Master Bedroom with attached bath at $2100/month (can be shared by 2 renters) 1 Bedroom exclusive for 1 renter with a shared bath at

    3051 Augusta St, San Luis Obispo, CA 93401
  • /24

    $2,000

    Total Monthly Price

    • 2 Beds
    • 1.5 Baths
    • 850 Sq Ft
    • Condo for Rent

    3140 Alicita Ct, San Luis Obispo, CA 93401

    3140 Alicita Ct, San Luis Obispo, CA 93401
  • /19

    $4,200

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • 1,025 Sq Ft
    • House for Rent

    686 E Foothill Blvd, San Luis Obispo, CA 93405

    686 E Foothill Blvd, San Luis Obispo, CA 934053 Bed | 2 Bath | $4,200/monthAvailable July 1, 2026Well-maintained 3 bedroom, 2 bathroom townhouse-style home available near Cal Poly and downtown San Luis Obispo. This two-story property features vaulted ceilings, abundant natural light, updated flooring throughout, and an open-concept living area. Additional features include a

    686 E Foothill Blvd, San Luis Obispo, CA 93405
  • /21

    $4,600

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • 2,000 Sq Ft
    • Condo for Rent

    2050 Hope St Unit 2050 Hope Street, San Luis Obispo, CA 93405

    This property at 2050 Hope Street, within walking distance of CalPloy, offers 3 bedrooms and 2 bathrooms in a spacious 2,000 square feet. The kitchen is equipped with essential appliances, including a microwave, oven, refrigerator, and dishwasher, making meal preparation convenient. The living room features hardwood floors, providing a clean and modern aesthetic. Each bedroom is designed for

    2050 Hope St Unit 2050 Hope Street, San Luis Obispo, CA 93405
  • /26

    $4,000

    Total Monthly Price

    • 3 Beds
    • 2.5 Baths
    • 1,605 Sq Ft
    • Townhouse for Rent

    822 Bay Leaf Dr, San Luis Obispo, CA 93401

    Located in one of SLO's most charming neighborhoods, this beautifully upgraded end-unit condo features 3 bedrooms and 2.5 bathrooms with an open 1600+ square foot floorplan. Upon entering the home, you are greeted by an informal living area offering high ceilings that makes the home immediately feel bright and airy. A half staircase leads you to the home's spacious formal living room with

    822 Bay Leaf Dr, San Luis Obispo, CA 93401
  • /17

    $4,000

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • 1,000 Sq Ft
    • House for Rent

    376 Ramona Dr, San Luis Obispo, CA 93405

    BRAND NEW CONSTRUCTION | PRIVATE 3 BED / 2 BATH HOME 376 Ramona Dr, San Luis ObispoBe the first to live in this newly built 3-bedroom, 2-bath home tucked away at the rear of a spacious lot, offering a rare combination of privacy, modern finishes, and an excellent San Luis Obispo location.Conveniently located near Cal Poly, downtown San Luis Obispo, shopping, restaurants,

    376 Ramona Dr, San Luis Obispo, CA 93405
  • /28

    $3,700

    Total Monthly Price

    • 2 Beds
    • 1.5 Baths
    • 1,200 Sq Ft
    • Condo for Rent

    680 Morro St Unit B, San Luis Obispo, CA 93401

    680 Morro Street – Fully Renovated Downtown SLO LivingWelcome to 680 Morro Street, a thoughtfully redesigned multi-unit property in the heart of downtown San Luis Obispo. Each residence has been completely remodeled from top to bottom, offering a cohesive blend of modern design, high-end finishes, and functional living in one of SLO’s most desirable locations.The property features

    680 Morro St Unit B, San Luis Obispo, CA 93401
  • /33

    $1,500

    Total Monthly Price

    • 3 Beds
    • 1 Bath
    • 1,700 Sq Ft
    • House for Rent

    59 Chorro St Unit Main, San Luis Obispo, CA 93405

    One room available for one in a 3 bedroom home near Cal Poly.You’ll be sharing the home with two males in their twenties in a clean, respectful, easygoing household. A separate guest house on the property is occupied by another male.Great central location close to downtown, shopping, the hospital, and Cal Poly.Details:Rent $1700 per monthUtilities shared among

    59 Chorro St Unit Main, San Luis Obispo, CA 93405
  • /22

    $2,100

    Total Monthly Price

    • Studio
    • 1 Bath
    • 320 Sq Ft
    • Condo for Rent

    1004 Forest St Unit A, San Luis Obispo, CA 93405

    Furnished studio built in 2023 with all the amenities in the San Luis Ranch development. Modern living in your own private ADU. Surrounded by easily walkable shopping. Quick bike ride to downtown on a scenic trail. * Utilities and fiber-optic Internet included* Air conditioned* Washer/dryer in your home. No laundromat for you!* Furnished, including:. . 55" TV

    1004 Forest St Unit A, San Luis Obispo, CA 93405
  • /19

    $1,500 - $2,100

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 115 Sq Ft
    • Townhouse for Rent

    3051 Augusta St, San Luis Obispo, CA 93401

    We have a Townhome 3 Bed/2.5 Bath fully Remodeled and furnished with all utilities, amenities and smart home features included in the rental: Both Bedrooms are Available August 1st,’2026-August 31st 2027 for 12 months or 24 or 36 months Master Bedroom with attached bath at $2100/month (can be shared by 2 renters) 1 Bedroom exclusive for 1 renter with a shared bath at

    3051 Augusta St, San Luis Obispo, CA 93401
  • /28

    $3,700

    Total Monthly Price

    • 2 Beds
    • 1.5 Baths
    • 1,200 Sq Ft
    • Condo for Rent

    680 Morro St Unit B, San Luis Obispo, CA 93401

    680 Morro Street – Fully Renovated Downtown SLO LivingWelcome to 680 Morro Street, a thoughtfully redesigned multi-unit property in the heart of downtown San Luis Obispo. Each residence has been completely remodeled from top to bottom, offering a cohesive blend of modern design, high-end finishes, and functional living in one of SLO’s most desirable locations.The property features

    680 Morro St Unit B, San Luis Obispo, CA 93401

Showing Results 1 - 40, Page 1 of 4

Why Live in San Luis Obispo

Downtown San Luis Obispo captivates residents with its historic Mission San Luis Obispo de Tolosa, founded in 1772, alongside unique shops and art galleries. The famous Thursday Night Farmers' Market transforms Higuera Street into a lively gathering spot with local produce, live music, and entertainment. Outdoor recreation surrounds the city with over 50 miles of hiking trails, including Bishop Peak and Islay Hill, which provide panoramic views. The Edna Valley wine region sits just minutes from downtown, while beaches like Avila and Pismo are within a 15-minute drive.

The San Luis Obispo housing market currently lists 100 homes for sale, ranging from $565,000 to $4,988,000. The median sale price stands at $1,059,000 citywide. Single-family homes command a median price of $1,250,000, with notable variations by neighborhood. Downtown San Luis Obispo leads with a median of $1,445,000 for single-family homes, while the Madonna area presents more affordable options at $899,000. Townhomes show a median price of $910,000, while condos range from $499,000 for one bedroom to $675,000 for two bedrooms.

Property taxes in San Luis Obispo County maintain a 0.7% effective rate, comparable to nearby Paso Robles but slightly higher than Santa Barbara County's 0.66%. The combined sales tax rate reaches 8.80%, including the 7.25% California state rate and 1.55% local rate.

The city's educational landscape includes California Polytechnic State University and highly rated public schools. Bishop's Peak Elementary and Laguna Middle School both earned A ratings from Niche, while Mission College Preparatory Catholic High School achieved an A+ rating. SLO Transit provides public bus service throughout the city, complemented by Amtrak connections and the San Luis Obispo County Regional Airport offering daily flights to major cities.

Frequently Asked Questions

How much does it cost to rent a home in San Luis Obispo, CA?
The median rent for a home in San Luis Obispo, CA is $3,800 per month, though prices vary by neighborhood, size, and property type. As of July 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in San Luis Obispo, CA?
To comfortably afford the median rent in San Luis Obispo, CA, a household needs to earn roughly $152,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $3,800 per month in San Luis Obispo, CA, renters typically need to show $11,400 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in San Luis Obispo, CA?
In San Luis Obispo, CA, the price-to-rent ratio is 23.6, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in San Luis Obispo, CA are best for renting a home?
The best neighborhood for renting in San Luis Obispo, CA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Madonna, Billygoat Acres, Cayucos, Margarita and Downtown San Luis Obispo, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
126
Median Rent
$3,800
Median Single Family Home Rent
$4,425
Median Townhouse Rent
$2,500
Median Condo Rent
$2,800
How to Rent a Home