Avila Apartments in Downtown SLO
475-497 Marsh St,
San Luis Obispo, CA 93401
$875 - $2,200
Studio - 1 Bed
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.
As of December 2025, the average apartment rent in San Luis Obispo, CA is $2,077 for a studio, $1,902 for one bedroom, $2,480 for two bedrooms, and $3,436 for three bedrooms. Apartment rent in San Luis Obispo has decreased by -0.4% in the past year.
Somewhat Walkable
out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Very Bikeable
out of 100 BikeScore® Rating
This area is very bikeable. You’ll find a variety of bike paths and lanes.
Public
Grades 4-6
167 Students
Public
Grades K-6
482 Students
Smith (C. L.) Elementary School
Public
Grades K-6
465 Students
Public
Grades K-6
371 Students
Public
Grades K-6
450 Students
Public
Grades 7-8
789 Students
Peep - De'Groot - Prepare School
Public
Grades K-12
21 Students
San Luis County Special Education School
Public
Grades K-12
21 Students
Public
Grades 9-12
1,644 Students
San Luis County Special Education School
Public
Grades K-12
21 Students
Peep - De'Groot - Prepare School
Public
Grades K-12
21 Students
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.