Cheap Apartments for Rent in 93401
187 rentals
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Use arrow keys to navigateAPPLY INSTANTLYFURNISHEDROOM FOR RENT
Use arrow keys to navigateFURNISHEDROOM FOR RENT
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APPLY INSTANTLYFURNISHED
NEW - 1 DAY AGO
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NEW - 23 HRS AGO
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PET FRIENDLY
$1,895 - $2,200/mo
1-2 Beds
1 Bath0145 887 Islay, #1-8 | 887 Islay St #bc9bbb2dc,
San Luis Obispo, CA 93401
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PET FRIENDLY$1,900 - $2,500/moStudio-2 Beds1 BathBeautiful Apartment Community in Downtown San Luis Obisp | 550 Higuera St #11A,
San Luis Obispo, CA 93401
SENIOR HOUSINGPET FRIENDLY$1,975 - $2,200/moStudio-1 Bed1 BathAvila Apartments in Downtown SLO | 475 Marsh St #357,
San Luis Obispo, CA 93401
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NEW - 2 DAYS AGO
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FURNISHED
NEW - 2 DAYS AGO
NEW - 2 HRS AGOPET FRIENDLY$2,100 - $2,750/moStudio-1 Bed1 BathThe Junction | 2120 Santa Barbara Ave #205,
San Luis Obispo, CA 93401
$2,100 - $3,000/mo1-2 Beds1 Bath0199 738 Grand & 1885 Garfield | 738 Grand Ave #f6863a7fa,
San Luis Obispo, CA 93401
NEW - 21 HRS AGO$2,100 - $2,850/mo1-2 Beds1-2 Baths0161 1212-20 Fredericks/390 Hathway | 1212 Twenty Fredericks Ptwy #390,
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 stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Feb 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $2,700 |
| Jul 2025 | $2,800 |
| Aug 2025 | $2,600 |
| 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 | $3,289 |
| Apr 2026 | $3,000 |
| May 2026 | $3,000 |
Average Rent By Bedroom and Home Type
In May 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 | $2,200 | $2,995 | $4,200 | $5,500 | $3,000 |
| Townhomes | — | $3,000 | $3,656 | — | $3,600 |
| Apartments and Condos | $2,100 | $2,900 | $4,250 | $5,500 | $2,600 |
| Houses | $2,250 | $3,200 | $4,200 | $5,500 | $4,000 |
Frequently Asked Questions about Rentals in 93401
- What is the average rent in 93401?The average rent in 93401 is $3,000. Rent prices range from $1,250 to as much as $16,800, depending on the type of rental.
- How does the rent in 93401 compare to the national average?Average rent in 93401 is about 57% higher than the national average rent of $1,910. That means it is more expensive to rent in 93401 compared to the U.S. average.
- What is the average rent in 93401, by number of bedrooms?The average rent in 93401 is $1,900 for a studio, $2,200 for a 1 bedroom, $2,995 for a 2 bedroom, $4,200 for a 3 bedroom, and $5,500 for a 4 bedroom.
- How have rent prices in 93401 changed compared to last year?In the past year, the average rent price in 93401 has increased by $400. That means the average rent is 13% higher than last year.
- How many available rental listings are in 93401?There are 194 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.