Housing in San Luis Obispo County

The inside story on rent prices
Source: US Census Bureau - ACS 5 Yr 2024

Both Census and HUD figures represent gross rent — contract rent plus estimated utility costs for electricity, heat, water, and sewer.

Rent in San Luis Obispo County averages $1,992/month for a 2‑bedroom in 2024, compared to the California median of $2,036 and the national median of $1,413. Local renters spend approximately 36% of household income on rent, above the national average of 32%.

HUD 2026 50th Percentile Rent Estimates for San Luis Obispo County FMR Area are $1,848 for a studio, $2,043 for 1‑bedroom, $2,680 for 2‑bedroom, $3,596 for 3‑bedroom, and $4,119 for 4‑bedroom.

HUD 2026 Rent Estimates reflect market movement since 2024 Census data — a $688 increase for a 2-bedroom in San Luis Obispo County shows a 35% rise over that period.

The U.S. Bureau of Labor Statistics annual unemployment rate for San Luis Obispo County was 4.1% in 2024, compared to California at 5.3% and the national rate of 4.0%.

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Towns near Templeton

City
County
State
Miles
San Luis Obispo
CA
0.0
San Luis Obispo
CA
6.3
San Luis Obispo
CA
7.3
San Luis Obispo
CA
10.0
San Luis Obispo
CA
10.9
San Luis Obispo
CA
11.4
San Luis Obispo
CA
12.5
San Luis Obispo
CA
13.6
San Luis Obispo
CA
14.7
San Luis Obispo
CA
18.4
San Luis Obispo
CA
18.5
San Luis Obispo
CA
19.1
San Luis Obispo
CA
20.4
San Luis Obispo
CA
23.0
San Luis Obispo
CA
24.2
San Luis Obispo
CA
26.2
San Luis Obispo
CA
31.1
San Luis Obispo
CA
31.7
San Luis Obispo
CA
39.3
San Luis Obispo
CA
44.1

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