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Apartments for Rent in San Luis Obispo CA

179 Rentals

San Luis Obispo, CA Apartments for Rent

San Luis Obispo combines college-town energy with Central Coast appeal. Nestled between the Santa Lucia Mountains and the Pacific Ocean, this welcoming community is home to the historic Mission San Luis Obispo de Tolosa, established in 1772. California Polytechnic State University (Cal Poly) adds to the city's dynamic atmosphere while the area maintains its small-town character. Downtown features tree-lined streets with Victorian-era architecture, local shops, restaurants, and the popular Thursday night Farmers' Market. The rental market reflects the city's appeal, with current average rents ranging from $1,893 for a one-bedroom to $4,209 for a four-bedroom residence, showing modest year-over-year increases across most unit sizes.

The Mediterranean climate makes San Luis Obispo ideal for outdoor recreation. The Nine Sisters volcanic peaks, including Bishop Peak and Cerro San Luis, provide hiking trails with panoramic views. Downtown attractions include the quirky Bubblegum Alley and the landmark Madonna Inn, while the Edna Valley wine region offers numerous tasting rooms. The Old Town Historic District showcases homes from the 1880s, and the downtown area features a mix of apartments and historic buildings. The city prioritizes quality of life through its smoke-free policies and extensive bicycle network, recognized with a Gold-level Bicycle Friendly Community designation.

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San Luis Obispo, CA Rental Insights

The average rent in San Luis Obispo, CA is $1,922 per month. By comparison, renters across the U.S. pay an average of $1,631, which means housing in San Luis Obispo, CA is slightly more expensive than much of the country.

You can find flexible rentals in San Luis Obispo, CA by exploring short-term rentals for temporary stays or browsing furnished apartments for move-in ready options that save time and hassle.

Tour apartments from your couch with Matterport 3D Tours. We have 179 San Luis Obispo apartments with virtual tours available. Walk through the apartment, view room layouts and get a feel for the space before an in-person tour.

Helpful Rental Guides for San Luis Obispo, CA

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