FairRentWize

Bakersfield vs San Luis Obispo

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Bakersfield is 59% cheaper for renters. A 2-bedroom rents for $1,018/mo vs $1,623/mo in San Luis Obispo — saving $7,260/year.

Rent by Unit Size

Unit SizeBakersfieldSan Luis ObispoDifference
Studio$683$1,065$382
1 Bedroom$854$1,360$506
2 Bedrooms$1,018$1,623$605
3 Bedrooms$1,326$2,039$713
4 Bedrooms$1,528$2,372$844
Median Income$67,968$94,761$26,793

Bakersfield

Studio
$683/mo
1 BR
$854/mo
2 BR
$1,018/mo
3 BR
$1,326/mo
4 BR
$1,528/mo
Median Income
$67,968/yr
Full Bakersfield 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 Bakersfield or San Luis Obispo cheaper to rent in?
Bakersfield is cheaper — a 2-bedroom Fair Market Rent is $1,018/mo vs $1,623/mo in San Luis Obispo. That's $605/mo or $7,260/year more expensive in San Luis Obispo (59% higher).
What is the 2-bedroom rent in Bakersfield vs San Luis Obispo?
The HUD Fair Market Rent for a 2-bedroom in Bakersfield is $1,018/month. In San Luis Obispo, a 2-bedroom FMR is $1,623/month.
How do incomes compare between Bakersfield and San Luis Obispo?
The median household income in Bakersfield is $67,968/year. In San Luis Obispo it is $94,761/year. San Luis Obispo has the higher median income.
What is the studio rent in Bakersfield vs San Luis Obispo?
A studio apartment Fair Market Rent in Bakersfield is $683/mo. In San Luis Obispo it is $1,065/mo.