San Luis Obispo, CA rental market

What is the average rent in San Luis Obispo, CA?

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Last updated August 16, 2026

Rental market summary

The average rent for all bedrooms and all property types in San Luis Obispo, CA is $3,150.

Average rent

$3,150

Month-over-month change

+$150

Year-over-year change

+$300

Available rentals

306

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $950 to $10,300.

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Rent frequencies
Rent priceNumber of rental properties
$8001
$9001
$1,0001
$1,1004
$1,2005
$1,3003
$1,5003
$1,6006
$1,70010
$1,80014
$1,90017
$2,00015
$2,10014
$2,20017
$2,30012
$2,4008
$2,50015
$2,60020
$2,70010
$2,80010
$2,90016
$3,00014
$3,10015
$3,20010
$3,3007
$3,4006
$3,5008
$3,60011
$3,7005
$3,8007
$3,90013
$4,00013
$4,10010
$4,20014
$4,3007
$4,40015
$4,50016
$4,6005
$4,70011
$4,8007
$4,9008
$5,000+31

Average rent price over time

In the last year, rent has increased by $300 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$3,000$2,950
Feb$3,250$3,700
Mar$2,995$3,600
Apr$2,995$3,380
May$2,975$3,300
Jun$2,750$3,000
Jul$2,900$3,000
Aug$2,800$3,000
Sep$2,750No data
Oct$2,700No data
Nov$2,600No data
Dec$2,950No data

Market temperature

The San Luis Obispo, CA rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in San Luis Obispo, CA is 57% higher than the national average.

San Luis Obispo, CAvs.

$3,150

$2,000

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Frequently asked questions

1. What is the average rent in San Luis Obispo, CA?

The average rent in San Luis Obispo, CA is $3,150.

2. What is the average rent for a studio apartment in San Luis Obispo, CA?

The average rent for a studio apartment in San Luis Obispo, CA is $1,950 per month.

3. What is the average rent for a one-bedroom apartment in San Luis Obispo, CA?

The average rent for a one-bedroom apartment in San Luis Obispo, CA is $2,100 per month.

4. What is the average rent for a two-bedroom apartment in San Luis Obispo, CA?

The average rent for a two-bedroom apartment in San Luis Obispo, CA is $2,865 per month.

5. What is the average rent for a three-bedroom apartment in San Luis Obispo, CA?

The average rent for a three-bedroom apartment in San Luis Obispo, CA is $4,050 per month.

6. What is the average rent for a four-bedroom apartment in San Luis Obispo, CA?

The average rent for a four-bedroom apartment in San Luis Obispo, CA is $5,556 per month.

7. How much does it cost to rent a house in San Luis Obispo, CA?

Houses in San Luis Obispo, CA rent between $950 - $10,300 with an average rent of $3,150.

8. How has the rent in San Luis Obispo, CA changed in the last year?

In the last year, the rent in San Luis Obispo, CA increased by $300

9. How much has the rent in San Luis Obispo, CA increased/decreased in the last month?

In the last month, the rent in San Luis Obispo, CA increased by $150

10. How many available rentals are there in San Luis Obispo, CA?

There are currently 306 rentals available in San Luis Obispo, CA.

11. How do rent prices in San Luis Obispo, CA compare with the national average?

The average rent in San Luis Obispo, CA is $3,150 — 57.5% higher the national average of $2,000.

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