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Cheap Apartments for Rent in San Luis Obispo, CA
1 Rental Available

Apartments Under $1,700

  • Top Rated for Location
    Today

    2200 Emily Street, San Luis Obispo, CA 93401
    Contact for availability
    • Studio
    • 2 BEDS
    • 3 BEDS
    • $1,518+
    • $2,446
    • $3,120

Look for cheap apartments near me

Finding the right apartment as far as size and location go is one aspect of apartment searching, but making sure that it provides all that you need within a reasonable price is another. On RENTCafé, you can search for cheap apartments near you and ensure that you find one that suites your needs. Worried the neighborhood or city you are looking to move to is known to have higher rents? You can browse our listings and find the cheap apartments in any location, whether you are looking at a specific neighborhood, ZIP code, or city.

The perfect apartment for you is out there, either near you or anywhere in the U.S. that you are looking to move to. So, let's find the one that satisfies your wants and needs, but that also comes at an affordable price.

Frequently Asked Questions

What is the price of a cheap apartment in San Luis Obispo, CA?

The price range of a cheap apartment is between $1,518 and $3,120. Find cheap apartments in San Luis Obispo, CA.

What is the average size of a cheap apartment in San Luis Obispo, CA?

The average San Luis Obispo, CA cheap apartment size is 1,000 sq. ft.

What are the advantages of renting a cheap apartment in San Luis Obispo, CA?

Cheap apartments in San Luis Obispo, CA are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in San Luis Obispo, CA?

A cheap apartment in San Luis Obispo, CA offers little storage space and fewer amenities compared to other apartments. You might be interested in studio apartments, 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, or browse all RENTCafé apartments for rent in San Luis Obispo, CA.

San Luis Obispo, CA Demographics

  • Total Population47,302
  • Female 24,241
    Male 23,061
  • Median Age26.7

Average Rent in San Luis Obispo, CA

  • San Luis Obispo, CA Average Rental Price, October 2021 $2,222 /mo

    San Luis Obispo, CA Apartment Rent Ranges

    San Luis Obispo, CA Rent Trends

    Average Rent Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Nov / 2020 Mar / 2021 Jul / 2021 Oct / 2021
    San Luis Obispo, CA $2,103 $2,125 $2,162 $2,211 $2,165 $2,138 $2,020 $2,092 $2,086 $2,239 $2,222
    National $1,331 $1,340 $1,344 $1,376 $1,384 $1,387 $1,379 $1,383 $1,393 $1,476 $1,572

    San Luis Obispo, CA Households

    • Total Number of Households18,995
    • Family 7,507
      Non-family 11,488
    • Children 3,157
      No Children 15,838
    • Average People Per Household2.42
    • Median Household Income$56,071
    • Median Housing Costs Per Month$1,565

    San Luis Obispo, CA Education Statistics

    Looking for a cheap apartment for rent in San Luis Obispo, CA? With RENTCafé, finding an affordable apartment in San Luis Obispo, CA has never been easier. We feature 1 low-priced rental directly from property managers, with rents lower than the San Luis Obispo, CA average. What is a cheap rent in San Luis Obispo, CA? The average apartment rent in San Luis Obispo is $2,222 per month so any rental south of $1,778 would be considered cheap here. On RENTCafé, San Luis Obispo, CA rents go as low as $1,518/mo.

    Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!