What's the average rent in San Luis Obispo, CA?
Rental Market Trends in San Luis Obispo, CA
Choose another city
SOURCE: TRULIA DATA
Rental market highlights
As of August 2026, the average rent in San Luis Obispo, CA is $3,111 per month, which is 58% higher than the national average rent of $1,965 per month.
AVERAGE RENT
$3,111
0.4%$11 increase month-over-month
11.1%$311 increase year-over-year
AVAILABLE RENTALS
335
APARTMENTS
HOUSES
TOWNHOUSES
As of August 2026, apartments are the most affordable rental option in San Luis Obispo, CA at $2,584 per month, while houses are the most expensive at $4,333 per month. Townhomes average $3,400 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $2,100 |
| 2 Bedrooms | $2,850 |
| 3 Bedrooms | $4,000 |
| 4 Bedrooms | $4,995 |
| All | $3,111 |
As of August 2026, the average rent for a 1 bedroom rental in San Luis Obispo, CA is $2,100 per month, followed by $2,850 for a 2 bedroom rental, $4,000 for a 3 bedroom rental, and $4,995 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,850 |
| 2 Bedrooms | $2,900 |
| 3 Bedrooms | $3,850 |
| 4 Bedrooms | $5,250 |
| All | $3,400 |
As of August 2026, the average rent for a 1 bedroom townhome in San Luis Obispo, CA is $1,850 per month, followed by $2,900 for a 2 bedroom townhome, $3,850 for a 3 bedroom townhome, and $5,250 for a 4 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $2,175 |
| 2 Bedrooms | $2,900 |
| 3 Bedrooms | $4,300 |
| 4 Bedrooms | $4,995 |
| All | $2,500 |
As of August 2026, the average rent for a 1 bedroom apartment in San Luis Obispo, CA is $2,175 per month, followed by $2,900 for a 2 bedroom apartment, $4,300 for a 3 bedroom apartment, and $4,995 for a 4 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $2,000 |
| 2 Bedrooms | $3,300 |
| 3 Bedrooms | $4,100 |
| 4 Bedrooms | $5,000 |
| All | $4,333 |
As of August 2026, the average rent for a 1 bedroom house in San Luis Obispo, CA is $2,000 per month, followed by $3,300 for a 2 bedroom house, $4,100 for a 3 bedroom house, and $5,000 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +7% compared to the previous year, which is a +$200 increase.
This year (2026)
Last year (2025)
Rent distribution
28% of rentals have rent of $2,200-$2,999/month
Rental price range
The price range for rentals is $900 to $10,300.
