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Newest Homes for Rent in San Luis Obispo, CA

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  • /45

    Starting at $2,775 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
  • /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
  • /34

    Starting at $2,150 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
  • /39

    Starting at $2,850 Per Month

    • 1 - 3 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 $2,225 Per Month

    • Studio

    2120 Santa Barbara Ave, San Luis Obispo, CA 93401

    The Junction is the newest addition to the San Luis Obispo skylineIntroducing a distinctive personality and inspired vision to the heart of downtown SLO through its iconic sawtooth roof design. Our 69-unit apartment community features unique and highly-amenitized common spaces purpose-built to enhance and contribute to the social and playful lifestyle of SLO.Property includes

    The Junction (2120 Santa Barbara Ave)

    2120 Santa Barbara Ave, San Luis Obispo, CA 93401
  • /37

    Starting at $2,825 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
  • /35

    Starting at $1,670

    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
  • /20

    Starting at $1,653

    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
  • /70

    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
  • /20

    Starting at $1,000 Per Month

    • 3 - 4 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 $1,150 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
  • /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
  • /16

    $2,000 Per Month

    • Studio
    • 1 Bath
    • 460 Sq Ft
    • AVAILABLE NOW - Newly renovated studio in SLO Old Town Railroad District

    793 Pepper St, San Luis Obispo, CA 93401

    The showing link for this property is: View Showing AvailabilityAdjacent to beautiful Mill Street in SLO Old Town Railroad Historical District! This newly renovated studio features hardwood floors, refrigerator, good closet space and a 6x4 storage shed. Landlord provides landscaping for front yard except for tenants gardening. Parking is for 1 car only in shared driveway

    793 Pepper St, San Luis Obispo, CA 93401
  • /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
  • /4

    $2,450 Per Month

    • 1 Bed
    • 1.5 Baths
    • 1 Bedroom House Near Downtown SLO

    1203 Pismo St, San Luis Obispo, CA 93401

    1 bedroom, 1.5 bath house with small deck and one covered parking space. Shared laundry room. Utilities are tenant responsibility. No Co-signers. No Pets. Available 8/25/2026

    1203 Pismo St, San Luis Obispo, CA 93401
  • /13

    $3,000

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 1,000 Sq Ft
    • Condo for Rent

    1271 Murray Ave Unit B, San Luis Obispo, CA 93405

    2BR Apartment for Rent - $3,000/mo (Available 8/1) Email Preferred and answer questions below I will have my unit showing person contact you to arrange a showing. Downstairs 2bd/ 2ba 1000 sqft unit, small private yard. Only 1 mile from Cal Poly and close to downtown SLO, shopping, and dining. Features:•Reserved resident parking•Water, sewer, and trash included•Quiet,

    1271 Murray Ave Unit B, San Luis Obispo, CA 93405
  • /20

    $5,800 Per Month

    • 5 Beds
    • 2 Baths
    • 2,374 Sq Ft
    • House for Rent

    399 Jaycee Dr, San Luis Obispo, CA 93405

    1 Mile from Cal Poly!Approximately $1,160 per bedroom with a full-house lease (based on 5 occupants).Spacious 5-bedroom, 2-bath contemporary home featuring an open-concept floor plan, soaring vaulted ceilings, and abundant natural light. The expansive kitchen offers generous cabinet storage and flows into a warm dining area and bright enclosed sunroom. Enjoy a large living room,

    399 Jaycee Dr, San Luis Obispo, CA 93405
  • /10

    $2,800 Per Month

    • 2 Beds
    • 2 Baths
    • 1,190 Sq Ft
    • Charming 2 Bedroom/2 Bath Condo

    3335 Broad St, San Luis Obispo, CA 93401

    Available August 1st!**Experience the charm of San Luis Obispo living in this beautifully updated condo.**End unit with only one shared wall, it offers added privacy within a peaceful and well-maintained community. Step into the welcoming living room, where a cozy fireplace sets the tone for chilly coastal and relaxing evenings. **The kitchen was renovated in 2024 and

    3335 Broad St, San Luis Obispo, CA 93401
  • /9

    $3,575 Per Month

    • 2 Beds
    • 2.5 Baths
    • 1,473 Sq Ft
    • Condo for Rent

    260 Via San Blas, San Luis Obispo, CA 93401

    Welcome to your future home in the vibrant heart of San Luis Obispo, California! This charming property offers an exceptional living experience with its prime location surrounded by an array of dining options, shopping venues, and recreational parks. Just a short 9-minute drive to Dignity Health - French Hospital Medical Center, convenience is at your doorstepUtilities are not included in

    260 Via San Blas, San Luis Obispo, CA 93401
  • /7

    $3,575 Per Month

    • 2 Beds
    • 2 Baths
    • 1,170 Sq Ft
    • Condo for Rent

    911 Bluebell Way, San Luis Obispo, CA 93401

    Welcome to your new home in the charming district of San Luis Obispo, CA. This property is ideally situated near a variety of excellent restaurants and department stores, making everyday amenities just a short stroll away. You'll appreciate the convenience of Dignity Health - French Hospital Medical Center, located just 8 minutes from your doorstep, and the nearby E A French Park, perfect for

    911 Bluebell Way, San Luis Obispo, CA 93401
  • /21

    $5,650 Per Month

    • 4 Beds
    • 3 Baths
    • 2,562 Sq Ft
    • *Lease takeover available in September* 4 Bedroom, 3 Bathroom home with unbeatable views in SLO!

    4655 Snapdragon Way, San Luis Obispo, CA 93401

    *Lease take over, Tenant will be taking the unit in "as-is" condition* 4 Bedroom, 3 Bathroom house in a desirable family neighborhood in San Luis Obispo. Well kept backyard with views of a horse pasture provide a quiet place to relax after a hard days work. Freshly painted interior with tile flooring throughout the first floor and carpet in the bedrooms and up the stairs. There are 2 separate

    4655 Snapdragon Way, San Luis Obispo, CA 93401
  • /20

    $2,675 Per Month

    • 2 Beds
    • 1.5 Baths
    • 1,001 Sq Ft
    • Condo for Rent

    1750 Prefumo Canyon Rd Unit 66, San Luis Obispo, CA 93405

    Come home to this freshly painted 2-bedroom, 1.5-bath condo in La Canada Village, set on a quiet street front along Del Rio. Inside, you’ll enjoy the look and feel of bamboo flooring underfoot, plus granite counters and newly painted cabinets in both the kitchen and bathrooms—giving the entire space a crisp, updated feel.Your enclosed patio offers a peaceful spot to start the day with

    1750 Prefumo Canyon Rd Unit 66, San Luis Obispo, CA 93405
  • /6

    $3,055 Per Month

    • 2 Beds
    • 2 Baths
    • 1,050 Sq Ft
    • House for Rent

    35 Stenner St, San Luis Obispo, CA 93405

    Spacious Upstairs End Unit at Cedar Creek – Short Walk to Cal PolyThis large upstairs end unit offers privacy, natural light, and plenty of space. Enjoy vaulted ceilings, large windows that let in abundant natural light, and your own private balcony.Features include:Two spacious bedroomsTwo full bathroomsTwo designated parking spacesAdditional

    35 Stenner St, San Luis Obispo, CA 93405
  • /11

    $3,800 Per Month

    • 3 Beds
    • 2 Baths
    • 1,373 Sq Ft
    • 3 Bedroom/2 Bath House in the Arbors Area SLO

    927 Lobelia Ln, San Luis Obispo, CA 93401

    927 Lobelia Ln is a 1,373 square foot house on a 6,000 square foot lot with 3 bedrooms and 2 bathrooms. Located in a desirable area in San Luis Obispo and the Los Ranchos School district. Near parks, restaurants, and shopping. Available September 1st Rent:$3800/monthSecurity Deposit: $3800Tenant pays all utilitiesRenters Insurance RequiredNo Co-Signers

    927 Lobelia Ln, San Luis Obispo, CA 93401
  • /12

    $2,850 Per Month

    • 2 Beds
    • 1.5 Baths
    • 1,028 Sq Ft
    • Condo for Rent

    355 N Chorro St Unit 1, San Luis Obispo, CA 93405

    Property Id: 1882363 Spacious, comfortable 2-bedroom, 1.5-bath condo in a small, relatively quiet complex near CalPoly and all amenities (shopping, schools, public transport). This home has a functional two-story layout with adjacent designated covered 2-car parking and a patio. It includes a washer and dryer, gas stove, refrigerator, garbage disposal, new dishwasher, ceiling fans and a

    355 N Chorro St Unit 1, San Luis Obispo, CA 93405
  • /21

    $2,900 Per Month

    • 2 Beds
    • 1 Bath
    • 830 Sq Ft
    • 2 Bedroom Bungalow Downtown SLO with Garage

    1812 Garden St, San Luis Obispo, CA 93401

    This 2-bedroom house in downtown SLO is full of exceptionally maintained vintage charm with original hardwood floors throughout. Each of the two bedrooms is comfortably sized and there is an enclosed med room at the rear of the house with washer and dryer hook-ups. Enjoy the central coast weather on the back deck or take the short stroll downtown to experience the best of San Luis Obispo. There

    1812 Garden St, San Luis Obispo, CA 93401
  • /16

    $2,100 Per Month

    • 1 Bed
    • 1 Bath
    • 751 Sq Ft
    • AVAILABLE AUGUST- Centrally Located SLO Townhome - 1 Bed / 1 Bath

    1025 Southwood Dr, San Luis Obispo, CA 93401

    CO-SIGNERS / GUARANTORS ARE NOT BEING ACCEPTED FOR THIS PROPERTY.The showing link for the property is: View Showing AvailabilityLocated in the Parkwood Village of San Luis Obispo this unit offers 1 bedroom, 1 bathroom, off-street parking, storage closet, and a fenced back patio. The complex has a heated pool and access to two complex-only laundry rooms. This unit is located

    1025 Southwood Dr, San Luis Obispo, CA 93401
  • /23

    $6,000 Per Month

    • 4 Beds
    • 3 Baths
    • 2,968 Sq Ft
    • AVAILABLE SEPTEMBER- Fully Furnished Modern Home in San Luis Obispo - 4 Bedroom / 3 Bathroom

    2279 San Luis Dr, San Luis Obispo, CA 93401

    CO-SIGNERS / GUARANTORS ARE NOT BEING ACCEPTED FOR THIS PROPERTY.The showing link for the property is: View Showing AvailabilityBeautiful luxury home in the coveted San Luis Drive neighborhood. This furnished home offers 4 bedrooms, 3 bathrooms, a laundry room, 2 car garage, and backyard. The kitchen is perfect for the home cook providing ample room for food prep and storage.

    2279 San Luis Dr, San Luis Obispo, CA 93401
  • /11

    $1,850 Per Month

    • Studio
    • 1 Bath
    • 400 Sq Ft
    • Studio with Loft in San Luis Obispo!

    369 Sandercock St Unit 369 #1, San Luis Obispo, CA 93401

    Experience the charm of San Luis Obispo, CA in this stylish loft apartment. Though compact, this space is thoughtfully designed to maximize comfort and functionality. It features a full bathroom and a versatile living area that can be tailored to your lifestyle. The apartment also boasts a back patio, perfect for enjoying the California sunshine. Its prime location is just minutes from downtown

    369 Sandercock St Unit 369 #1, San Luis Obispo, CA 93401
  • /20

    $4,800 Per Month

    • 2 Beds
    • 2.5 Baths
    • 1,529 Sq Ft
    • Condo for Rent

    431 Marsh St Unit 202, San Luis Obispo, CA 93401

    Property Id: 1716814 Rare opportunity to lease a luxury executive residence in the heart of downtown San Luis Obispo. Featuring a private elevator serving every level, an expansive rooftop deck with panoramic views, and 1,529 square feet of beautifully appointed living space, this exceptional multi-level home offers a lifestyle rarely found in downtown rentals. Located just steps from

    431 Marsh St Unit 202, San Luis Obispo, CA 93401
  • /28

    $4,600 Per Month

    • 4 Beds
    • 3 Baths
    • 2,640 Sq Ft
    • Exceptionally Private Estate Property with Spectacular Views

    6006 Los Osos Valley Rd, San Luis Obispo, CA 93405

    This amazing home just outside of San Luis Obispo offers unparalleled privacy and spectacular views. Perched above farmland on Los Osos Valley Road this 2,500 square foot home offers ample space for the 3 bedrooms + an office. There is a wood burning stove in the living room which has panoramic views of the valley. There is an informal eating area off the kitchen and a formal dining room with

    6006 Los Osos Valley Rd, San Luis Obispo, CA 93405
  • /26

    $4,600 Per Month

    • 3 Beds
    • 2 Baths
    • 2,077 Sq Ft
    • Beautifully Restored and Updated Historic House Downtown San Luis Obispo

    1737 Chorro St, San Luis Obispo, CA 93401

    This historic home in downtown San Luis Obispo maintains it's vintage charm while offering all the comforts and conveniences of a contemporary home. An addition to the original structure created a large primary bedroom suite, an enormous chef's kitchen and a game-room loft on the second level. There are hardwood floors throughout and all bedrooms are on the main floor for primarily single-level

    1737 Chorro St, San Luis Obispo, CA 93401
  • /20

    $2,600 Per Month

    • 1 Bed
    • 1 Bath
    • 520 Sq Ft
    • Premium Corner Apartment in the New-Construction Ironworks Building with Air Conditioning

    3680 Broad St Unit 204, San Luis Obispo, CA 93401

    This one-bedroom apartment is the premium end unit in the newly constructed, modern-industrial Ironworks Building. Floor to ceiling southwest facing windows provide expansive open sunset views over Damon Garcia sports fields and the surrounding foothills. A rare luxury in San Luis Obispo is the inclusion of air conditioning in this apartment. Other interior amenities include high 10 f. ceiling,

    3680 Broad St Unit 204, San Luis Obispo, CA 93401
  • /24

    $3,100

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 966 Sq Ft
    • Condo for Rent

    1029 Southwood Dr Unit Parkwood Village 1029 G, San Luis Obispo, CA 93401

    1029 Southwood Dr Unit Parkwood Village 1029 G, San Luis Obispo, CA 93401
  • /7

    $2,995 Per Month

    • 1 Bed
    • 1 Bath
    • 640 Sq Ft
    • South St

    260 South St Unit ADU, San Luis Obispo, CA 93401

    260 South St Unit ADU, San Luis Obispo, CA 93401
  • /17

    $3,995 Per Month

    • 3 Beds
    • 2 Baths
    • 1,200 Sq Ft
    • South St

    260 South St Unit Front House, San Luis Obispo, CA 93401

    260 South St Unit Front House, San Luis Obispo, CA 93401
  • /2

    $1,600

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 7,249 Sq Ft
    • House for Rent

    1549 Mill St, San Luis Obispo, CA 93401

    There are 3 bedrooms and 1 bathroom. Full kitchen and living room. My room is a single in the front of the house. It has plenty of light and spacious. The location is great since it's close to CalPoly campus and downtown SLO.

    1549 Mill St, San Luis Obispo, CA 93401
  • /9

    $4,200 Per Month

    • 3 Beds
    • 2.5 Baths
    • House for Rent

    3591 Sacramento Dr, San Luis Obispo, CA 93401

    3 Bedroom, 2.5 Bath townhouse in Broad Street Community. (In Broad Street Village) Walk to community parks, restaurants, shops & much more. 2-Car garage, walk-in closet, fridge, range, dishwasher, microwave, washer/dryer included. Tenants pay all utilities. No smoking of any kind. Presented by: REG Property Management, Inc.DRE#01370663**Showings are strictly by

    3591 Sacramento Dr, San Luis Obispo, CA 93401
  • /18

    $4,250 Per Month

    • 3 Beds
    • 1 Bath
    • Condo for Rent

    1278-1280 Phillips Ln Unit 1278, San Luis Obispo, CA 93401

    1278-1280 Phillips Ln Unit 1278, San Luis Obispo, CA 93401
  • /8

    $2,400 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    1278-1280 Phillips Ln Unit 1280, San Luis Obispo, CA 93401

    1278-1280 Phillips Ln Unit 1280, San Luis Obispo, CA 93401

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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 $3,600 per month, though prices vary by neighborhood, size, and property type. As of August 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 $144,000 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 $3,600 per month in San Luis Obispo, CA, renters typically need to show $10,800 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 25.1, 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, Higuera, Downtown San Luis Obispo and South Broad Street, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
116
Median Rent
$3,600
Median Single Family Home Rent
$4,350
Median Townhouse Rent
$2,000
Median Condo Rent
$2,925
How to Rent a Home