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Apartments for Rent in San Luis Obispo, CA under $1200

Apartments for Rent in San Luis Obispo, CA under $1200. 3 Rentals Available
3 Rentals Available
Quick filters
  • Only 1 unit left
    1 bd $716+
    2 bd $859+
    3 bd $993+
    Base rent Income restricted
    Verified Listing

    3065 Lucca Lane, San Luis Obispo, CA 93401
    Apply online • Pet friendly • In unit laundry
  • Ask for pricing
    Verified Listing

    1050 E Foothill Blvd, San Luis Obispo, CA 93405
    Fitness center • Pool • In unit laundry

  • More Rentals Near San Luis Obispo, CA

  • 1 bd $1,194
    Base rent Income restricted
    Verified Listing

    2655 Shell Beach Rd., Pismo Beach, CA 93449
    Pet friendly • In unit laundry
2-1-city

Frequently asked questions

When were prices and availability in San Luis Obispo, CA last updated?

Prices and availability in San Luis Obispo, CA were last updated on 2 Jul 2026.

What are the best apartments in San Luis Obispo, CA?

The best apartments in San Luis Obispo, CA are: 572 E Foothill LLC, 1716 Singletree, The Slo, 1901 Henry LLC and Roundhouse Place.

What type of rental buildings are in San Luis Obispo, CA?

In San Luis Obispo 60% of the housing is rented out compared to 40% of homes are owned, according to the most recent Census Bureau estimates. 6% of San Luis Obispo's apartments are found in large buildings of 50 units or more, 63% are located in smaller apartment complexes with less than 50 units, and 29% are single-family rentals.

Renting apartments in San Luis Obispo, CA under $1,200

Are you looking for a smart space where you can easily combine comfort with convenience? You will surely find the property that perfectly fits your needs with this variety of options. RentCafe offers you 3 apartments for rent in San Luis Obispo, CA from 3 modern buildings, so you’ll certainly find something suitable for you. If you want to live alone or with your partner, you might want to look for a studio or browse through our selection of 1 bedroom apartments. If you need more space but you don’t want to spend more than necessary on a monthly rent, check out our 2 bedroom or 3 bedroom apartments for less than $1,200, and make the most out of your budget.

Finding the best rental near you

San Luis Obispo, CA is an amazing place to call home, with several rentals under $1,200 for you to choose from. There are many options and filters you can apply to your search to make the process easier and to find your next apartment faster and more efficiently. Asking yourself ‘are there any cheap apartments near me’? With our helpful filters, you can easily find the home of your dreams that also fits within your budget. With rent prices as low as $716 in San Luis Obispo, CA, you can find affordable and appealing apartments that match your requirements. Sort your search by ‘Rent’ ascending to see the cheapest ones at the top of the list. As soon as you find your perfect apartment, make sure to contact the property to check for availability or apply online directly on RentCafe.