Cheap Apartments for Rent in 93401
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$1,650 - $1,995/mo
1-2 Beds
1 Bath0199 738 Grand & 1885 Garfield | 738 Grand Ave,
San Luis Obispo, CA 93401
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PET FRIENDLY
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PET FRIENDLY$2,000 - $2,350/mo1-2 Beds1 BathThe Downtown Terrace (550 Higuera Street) | 550 Higuera St,
San Luis Obispo, CA 93401
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Average Rent Trends in 93401
Rent in 93401 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Aug 2026 compared to the previous month. Rent previously peaked in Feb 2025.
| Month | Average rent |
|---|---|
| Sep 2025 | $2,550 |
| Oct 2025 | $2,700 |
| Nov 2025 | $2,600 |
| Dec 2025 | $2,950 |
| Jan 2026 | $2,965 |
| Feb 2026 | $3,100 |
| Mar 2026 | $3,293 |
| Apr 2026 | $3,000 |
| May 2026 | $3,000 |
| Jun 2026 | $2,900 |
| Jul 2026 | $2,975 |
| Aug 2026 | $2,925 |
Average Rent By Bedroom and Home Type
In August 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $2,100 | $2,800 | $4,025 | $4,995 | $2,909 |
| Townhomes | $2,500 | $2,800 | $3,750 | $5,250 | $3,400 |
| Apartments and Condos | $1,975 | $2,800 | $4,200 | $1,100 | $2,500 |
| Houses | $2,200 | $3,400 | $4,200 | $4,800 | $4,200 |
Frequently Asked Questions about Rentals in 93401
- What is the average rent of an apartment in 93401?The average rent of an apartment in 93401 is $2,590 per month. This is about 32% higher than the national average.
- When is the average rent cheapest in 93401?In the last year, the average rent in 93401 was lowest in Sep 2025 when it was $2,550 per month.
- When is the average rent most expensive in 93401?In the last year, the average rent in 93401 was highest in Feb 2025 when it was $2,950 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 93401?The average rent of a 1 bedroom apartment in 93401 is $2,100 per month. That is about $100 less than the cost of a studio apartment.
- How many available rental listings are in 93401?There are 198 available rental listings in 93401.
- What are some cities near 93401?Some nearby cities include: San Luis Obispo, Pismo Beach, Avila Beach, Grover Beach, Arroyo Grande, Los Osos. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 93401 - 207 Rentas | Trulia