San Luis Obispo, CA rental market

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Last updated August 11, 2025

Rental market summary

The average rent for all bedrooms and all property types in San Luis Obispo, CA is $2,800.

Average rent

$2,800

Month-over-month change

-$50

Year-over-year change

-$300

Available rentals

198

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $700 to $9,000.

Rent frequencies
Rent priceNumber of rental properties
$6001
$7002
$8001
$9003
$1,0001
$1,1001
$1,2001
$1,3002
$1,4001
$1,5001
$1,6008
$1,7007
$1,8008
$1,90017
$2,00012
$2,1009
$2,20015
$2,30014
$2,40015
$2,50010
$2,60010
$2,70010
$2,8009
$2,90011
$3,0004
$3,1005
$3,20010
$3,3005
$3,4004
$3,5009
$3,60010
$3,7006
$3,8006
$3,9007
$4,0005
$4,1003
$4,2004
$4,3004
$4,4005
$4,5004
$4,6002
$4,7004
$4,8003
$4,9004
$5,000+25

Average rent price over time

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

Average rent price over time
Last year (2024)This year (2025)
Jan$3,000$3,000
Feb$3,000$3,250
Mar$2,995$2,995
Apr$2,790$2,995
May$2,800$2,975
Jun$2,900$2,750
Jul$2,800$2,900
Aug$3,000$2,800
Sep$3,200No data
Oct$3,250No data
Nov$2,850No data
Dec$2,919No data

Market temperature

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

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in San Luis Obispo, CA is 33% higher than the national average.

San Luis Obispo, CAvs.

$2,800

$2,100

Rent in San Luis Obispo, CA

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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 $2,800.

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

Houses in San Luis Obispo, CA rent between $700 - $9,000 with an average rent of $2,800.

3. 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 decreased by $300

4. 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 decreased by $50

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

There are currently 198 rentals available in San Luis Obispo, CA.

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

The average rent in San Luis Obispo, CA is $2,800 — 33.33% higher the national average of $2,100.