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Typical Rent in 93401 — San Luis Obispo, CA
The typical 1-bedroom rent in 93401 (San Luis Obispo, CA) is $2,043/month as of 2026, based on 4 data sources. Rents have risen 9.6% year over year, so an increase above 9.6% exceeds the local market trend. Studio: $2,000. 2-bedroom: $2,900.
Rents in San Luis Obispo have changed approximately +5.0% – +23.5% over the past year based on local market data. A rent increase above 23.5% is above the local market trend.
Estimated Rent · 1-Bedroom
$2,043/mo
Source: HUD Estimated Rent
Data through
Based on 4 independent data sources including local market trends and nearby listings.
The HUD Fair Market Rent for a 1-bedroom in 93401 (San Luis Obispo, CA) is $2,210 for FY2026.
Rents in 93401 have increased 9.6% year-over-year based on local market data.
The confidence level for this estimate is high based on 4 data sources.
Based on local market data, a fair rent increase in San Luis Obispo (93401) is approximately 9.6% for 2026. The typical 1-bedroom rent is $2,043/month. Any increase significantly above 9.6% exceeds the local market trend and may be worth negotiating.
Sources: local market data, HUD SAFMR FY2026, Rentcast. Updated February 2026.
What Should Rent Cost in 93401 (San Luis Obispo)?
Typical rent ranges based on HUD benchmarks and market data. In areas with limited listing data, ranges reflect federal benchmarks and may be wider than actual market conditions.
A studio in 93401 (San Luis Obispo) typically rents for $2,000 – $2,300.
Rents above $2,645 are in the top 25% for this area.
A 1-bedroom in 93401 (San Luis Obispo) typically rents for $2,210 – $2,542.
Rents above $2,923 are in the top 25% for this area.
A 2-bedroom in 93401 (San Luis Obispo) typically rents for $2,900 – $3,335.
Rents above $3,835 are in the top 25% for this area.
A 3-bedroom in 93401 (San Luis Obispo) typically rents for $3,890 – $4,474.
Rents above $5,145 are in the top 25% for this area.
A 4-bedroom in 93401 (San Luis Obispo) typically rents for $4,460 – $5,129.
Rents above $5,898 are in the top 25% for this area.
Current Asking Rents in 93401
What are apartments actually renting for near 93401? Click below to see live asking rents from current listings.
Live market data · Updated daily
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Rent Trends in San Luis Obispo, CA
+9.6%
Rents in 93401 (San Luis Obispo) are rising at +9.6% year-over-year.
⚠ Mixed signals
Market sources range from +5.0% to +23.5%
Sources: Zillow ZORI, HUD Fair Market Rent
Federal Rent Benchmarks for 93401
HUD Fair Market Rents are federal rent benchmarks used for housing programs, published annually by HUD.Note: These values represent the HUD metro-area benchmark for the San Luis Obispo-Paso Robles, CA MSA area, not zip-specific rates.
| Bedroom Size | Fair Market Rent | Estimated Rent |
|---|---|---|
| Studio | $2,000 | $1,848 |
| 1-Bedroom | $2,210 | $2,043 |
| 2-Bedroom | $2,900 | $2,680 |
| 3-Bedroom | $3,890 | $3,596 |
| 4-Bedroom | $4,460 | $4,119 |
Source: HUD SAFMR FY2026 · Updated
Questions about rent in 93401
What is the average 1-bedroom rent in 93401?
The typical 1-bedroom rent in 93401 (San Luis Obispo, CA) is $2,043/month as of 2026. This page also shows nearby bedroom benchmarks, including studio rent at $2,000 and 2-bedroom rent at $2,900.
What is a fair rent increase in 93401?
A rent increase up to about 9.6% is in line with the recent local market trend in 93401. An increase above that level is above trend and may justify a closer review against local pricing and comparable apartments.
Are rents going up or down in 93401?
Rents in 93401 have risen 9.6% year over year based on the local trend data used on this page.
How much do studios and 2-bedrooms cost in 93401?
On this page, studio rent in 93401 is $2,000/month and 2-bedroom rent is $2,900/month. These figures help show whether your current or proposed rent fits the broader local bedroom mix.
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Similar Rents in Other Areas
These zip codes have similar 1-bedroom rents to 93401 ($2,210/mo) — useful for comparing what your rent gets you in other markets.
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Market data updated monthly from public and third-party sources. Actual rents vary by unit, building, and lease terms. For informational purposes only — not legal or financial advice. See methodology →