Average rent in San Luis Obispo, CA

As of July 2026, the typical asking rent in the San Luis Obispo, CA metro area is $2,882 per month, up 1.8% from a year ago94% above the US metro average of $1,486.

Figures cover all property types — single-family, condo and apartment — at every bedroom count. The interactive map can break rents down by home type.

Average rent

$2,882

July 2026

Year over year

+1.8%

vs $2,831 a year ago

3-year change

+11.8%

from $2,577

Our forecast accuracy here

±0.9%

avg error on held-out data

San Luis Obispo, CA rent history

Observed market rent since September 2016, with the next 2 forecast months and their expected range.

Aug 24 – Sep 26
San Luis Obispo, CA observed rentForecast (2 months shown free)

San Luis Obispo, CA rent forecast

Our forecasting engine projects rents each month for every US metro with at least a year of observed data. The next 2 months for San Luis Obispo, CA are free below; the full 12-month outlook with confidence ranges is part of RentLens Pro.

MonthForecast rentExpected range
August 2026$2,894$2,875$2,915
September 2026$2,900$2,868$2,940
Months 3–12 are available on the interactive forecast → see the full San Luis Obispo, CA forecast

Explore San Luis Obispo, CA on the live map

Interactive history, zip-level rents, and 12-month ML forecasts with explainability.

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More California metros

Bakersfield, CA · $1,803Chico, CA · $1,527Clearlake, CA · $1,740Crescent City, CA · $1,975El Centro, CA · $1,682Eureka, CA · $1,619Fresno, CA · $2,062Hanford, CA · $2,005Los Angeles, CA · $2,944Madera, CA · $2,147Merced, CA · $2,075Modesto, CA · $2,046All California metros →

Rent figures are smoothed median asking rents (Zillow Observed Rent Index) for the San Luis Obispo, CA metro area, updated monthly. Forecasts are produced by RentLens's proprietary ML models; “forecast accuracy” is this metro's average prediction error on held-out historical data.