Cheap Apartments for Rent in 93405
189 rentals
Use arrow keys to navigate$579 - $1,245/mo
Studio-1 Bed
1 BathThe SLO Student Living Apartments | 1050 E Foothill Blvd #a8e9710b1,
San Luis Obispo, CA 93405
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Use arrow keys to navigateAPPLY INSTANTLYFURNISHEDROOM FOR RENT
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SPECIAL OFFERPET FRIENDLY
SPECIAL OFFERPET FRIENDLYFURNISHED$1,655 - $1,680/mo4-5 Beds2 BathsPalomar at SLO | 71 Palomar Ave #2-1117265,
San Luis Obispo, CA 93405
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$1,800 - $1,900/mo1 Bed1 Bath0153 1196 Foothill Blvd. | 1196 Foothill Blvd #740a82de7,
San Luis Obispo, CA 93405
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NEW - 1 DAY AGO
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Average Rent Trends in 93405
Rent in 93405 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Apr 2026 compared to the previous month. Rent previously peaked in Feb 2025.
| Month | Average rent |
|---|---|
| May 2025 | $3,400 |
| Jun 2025 | $3,085 |
| Jul 2025 | $3,275 |
| Aug 2025 | $3,250 |
| Sep 2025 | $3,000 |
| Oct 2025 | $2,725 |
| Nov 2025 | $2,600 |
| Dec 2025 | $2,800 |
| Jan 2026 | $2,900 |
| Feb 2026 | $4,350 |
| Mar 2026 | $3,995 |
| Apr 2026 | $3,600 |
Average Rent By Bedroom and Home Type
In May 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $2,163 | $3,000 | $4,500 | $6,000 | $3,700 |
| Townhomes | $2,000 | $2,600 | $4,250 | $4,000 | $2,700 |
| Apartments and Condos | $2,163 | $3,100 | $4,800 | $6,100 | $3,000 |
| Houses | $1,500 | $3,132 | $4,500 | $6,000 | $5,500 |
Frequently Asked Questions about Rentals in 93405
- What is the average rent in 93405?The average rent in 93405 is $3,550. Rent prices range from $1,350 to as much as $12,500, depending on the type of rental.
- How does the rent in 93405 compare to the national average?Average rent in 93405 is about 86% higher than the national average rent of $1,910. That means it is more expensive to rent in 93405 compared to the U.S. average.
- What is the average rent in 93405, by number of bedrooms?The average rent in 93405 is $1,800 for a studio, $2,163 for a 1 bedroom, $3,000 for a 2 bedroom, $4,250 for a 3 bedroom, and $6,000 for a 4 bedroom.
- How have rent prices in 93405 changed compared to last year?In the past year, the average rent price in 93405 has increased by $150. That means the average rent is 4% higher than last year.
- How many available rental listings are in 93405?There are 193 available rental listings in 93405.
- What are some cities near 93405?Some nearby cities include: San Luis Obispo, Los Osos, Avila Beach, Morro Bay, Pismo Beach, Grover Beach. These cities may have more rental options to explore.