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Fair Market Rent · California

Fair Market Rent in San Luis Obispo County, CA

FY2027 HUD figures, effective October 1, 2026, plus what renters pay by ZIP code.

$1,894studio
$2,0791 bedroom
$2,7202 bedrooms
$3,6343 bedrooms
$4,2084 bedrooms

HUD's FY2027 Fair Market Rent for a 2-bedroom home in San Luis Obispo County is $2,720 a month, +1.8% from FY2026. San Luis Obispo County is part of the San Luis Obispo-Paso Robles, CA MSA (a metro area). HUD also publishes Small Area FMRs by ZIP code here; those can be higher or lower than the area-wide figure. See each ZIP code below.

Area-wide Fair Market Rents

SizeFY2027FY2026ChangeTypical voucher range (90–110%)
Studio$1,894$1,842+2.8%$1,705–2,083
1 bedroom$2,079$2,036+2.1%$1,871–2,287
2 bedrooms$2,720$2,671+1.8%$2,448–2,992
3 bedrooms$3,634$3,584+1.4%$3,271–3,997
4 bedrooms$4,208$4,105+2.5%$3,787–4,629

The voucher range is the typical band housing authorities use for payment standards; your housing authority sets the actual standard.

Rents by ZIP code in San Luis Obispo County

Open a ZIP code for every size, the spread of rents and nearby ZIP codes.

ZIPPlace2-bedroom FMR (ZIP)Census median, 2 bedroomsCensus median, all sizes
93401San Luis Obispo$3,070$2,167$1,912
93402Los Osos$2,740$2,122$2,047
93405San Luis Obispo$2,820$2,094$2,020
93407San Luis Obispo$2,820––
93408San Luis Obispo$2,820––
93409San Luis Obispo$2,820––
93410San Luis Obispo$2,820––
93420Arroyo Grande$2,960$2,242$2,187
93422Atascadero$2,610$1,968$1,871
93424Avila Beach$2,830––
93428Cambria$2,680$1,848$1,912
93430Cayucos$2,410$1,984$1,571
93432Creston$2,840–$1,717
93433Grover Beach$2,720$2,019$2,061
93442Morro Bay$2,580$1,987$1,855
93444Nipomo$2,890$1,766$2,176
93445Oceano$2,410$1,746$1,615
93446Paso Robles$2,720$1,896$1,966
93449Pismo Beach$3,220$2,534$2,232
93452San Simeon$2,410$1,422$1,311
93453Santa Margarita$2,670$676–
93461Shandon$2,470–$1,771
93465Templeton$3,720$1,608$2,610

Sources: HUD Fair Market Rents and Small Area Fair Market Rents, FY2027 (effective October 1, 2026) and FY2026; U.S. Census Bureau, 2020–2024 American Community Survey 5-year estimates (median gross rent by ZIP code). Fair Market Rents and Census figures include utilities. Not affiliated with HUD or the Census Bureau. About the data.