Why Live in South Broad Street
South Broad Street in San Luis Obispo is a vibrant neighborhood with a mix of residential and commercial areas. The neighborhood features a variety of condominiums and townhouses built between 2007 and 2017, typically ranging from 1,500 to 2,000 square feet. Residents enjoy convenient access to local amenities, including the recently opened Duncan Alley, a renovated industrial complex that now serves as a social hub with the Ancient Owl Beer Garden & Bottle Shop and Croma Vera Wines. Marigold Center on Broad Street offers essential shopping options like Vons and CVS, along with dining spots such as Shalimar and Kumi Ko. For coffee and baked goods, BlackHorse Espresso and Bakery is a local favorite, while Beda’s Biergarten provides German cuisine and brews.
The neighborhood is part of the highly rated San Luis Coastal Unified District, with schools like Hawthorne Elementary, Laguna Middle, and San Luis Obispo High receiving strong ratings. Residents have access to several parks and recreational areas, including the 10-acre E.A. French Park and the South Hills Open Space, which offers trails and scenic views. The Downtown SLO Farmers Market and Concerts in the Plaza are popular community events, providing entertainment and local produce.
Transportation is convenient with Broad Street (State Route 227) leading 3 miles north to downtown, and nearby access to Highway 101 and Highway 1. The Amtrak station and Greyhound bus stop are 2 miles north, while the San Luis Obispo County Regional Airport is about 1.5 miles south, contributing some noise but not significantly affecting the area’s appeal.
Frequently Asked Questions
Is South Broad Street a good place to live?
South Broad Street is a good place to live. South Broad Street is considered somewhat walkable and very bikeable with minimal transit options. It is somewhat dense in population with 6.1 people per acre and a median age of 36. The average household income is $135,509 which is above the national average. College graduates make up 55.1% of residents. A majority of residents in South Broad Street are renters, with 52.4% of residents renting and 47.6% of residents owning their home. A
local real estate agent serving South Broad Street can help you decide if this neighborhood is the right one for you. Learn more on our
South Broad Street neighborhood guide.
How much do you need to make to afford a house in South Broad Street?
The median home price in South Broad Street is $865,900. If you put a 20% down payment of $173,200 and had a 30-year fixed mortgage with an interest rate of 6.5%, your estimated principal and interest payment would be $4,380 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $188K a year to afford the median home price in South Broad Street. The average household income in South Broad Street is $136K.
What are the best public schools in South Broad Street?
The best public schools that serve South Broad Street are:
What are the best private schools in South Broad Street?
The best private schools that serve South Broad Street are:
What are the most popular zip codes in South Broad Street, San Luis Obispo, CA?
What are the most popular neighborhoods near South Broad Street, San Luis Obispo, CA?
Home Trends in South Broad Street, CA
On average, homes in South Broad Street, San Luis Obispo sell after 40 days on the market compared to the national average of 52 days. The median sale price for homes in South Broad Street, San Luis Obispo over the last 12 months is $860,000, up 17% from the median home sale price over the previous 12 months.
Median Sale Price
$860,000
Median Single Family Sale Price
$865,000
Median Townhouse Sale Price
$615,000
Median 2 Bedroom Sale Price
$702,500
Average Price Per Sq Ft
$470
Number of Homes for Sale
4
Last 12 months Home Sales
10
Median List Price
$865,900
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
17%