FairRentWize

Ann Arbor vs San Luis Obispo

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Ann Arbor is 39% cheaper for renters. A 2-bedroom rents for $1,170/mo vs $1,623/mo in San Luis Obispo — saving $5,436/year.

Rent by Unit Size

Unit SizeAnn ArborSan Luis ObispoDifference
Studio$781$1,065$284
1 Bedroom$945$1,360$415
2 Bedrooms$1,170$1,623$453
3 Bedrooms$1,486$2,039$553
4 Bedrooms$1,736$2,372$636
Median Income$58,245$94,761$36,516

Ann Arbor

Studio
$781/mo
1 BR
$945/mo
2 BR
$1,170/mo
3 BR
$1,486/mo
4 BR
$1,736/mo
Median Income
$58,245/yr
Full Ann Arbor profile →

San Luis Obispo

Studio
$1,065/mo
1 BR
$1,360/mo
2 BR
$1,623/mo
3 BR
$2,039/mo
4 BR
$2,372/mo
Median Income
$94,761/yr
Full San Luis Obispo profile →

Frequently Asked Questions

Is Ann Arbor or San Luis Obispo cheaper to rent in?
Ann Arbor is cheaper — a 2-bedroom Fair Market Rent is $1,170/mo vs $1,623/mo in San Luis Obispo. That's $453/mo or $5,436/year more expensive in San Luis Obispo (39% higher).
What is the 2-bedroom rent in Ann Arbor vs San Luis Obispo?
The HUD Fair Market Rent for a 2-bedroom in Ann Arbor is $1,170/month. In San Luis Obispo, a 2-bedroom FMR is $1,623/month.
How do incomes compare between Ann Arbor and San Luis Obispo?
The median household income in Ann Arbor is $58,245/year. In San Luis Obispo it is $94,761/year. San Luis Obispo has the higher median income.
What is the studio rent in Ann Arbor vs San Luis Obispo?
A studio apartment Fair Market Rent in Ann Arbor is $781/mo. In San Luis Obispo it is $1,065/mo.