Bismarck vs San Luis Obispo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Bismarck is 99% cheaper for renters. A 2-bedroom rents for $817/mo vs $1,623/mo in San Luis Obispo — saving $9,672/year.
Rent by Unit Size
| Unit Size | Bismarck | San Luis Obispo | Difference |
|---|---|---|---|
| Studio | $555 | $1,065 | $510 |
| 1 Bedroom | $667 | $1,360 | $693 |
| 2 Bedrooms | $817 | $1,623 | $806 |
| 3 Bedrooms | $1,020 | $2,039 | $1,019 |
| 4 Bedrooms | $1,141 | $2,372 | $1,231 |
| Median Income | $52,444 | $94,761 | $42,317 |
Bismarck
- Studio
- $555/mo
- 1 BR
- $667/mo
- 2 BR
- $817/mo
- 3 BR
- $1,020/mo
- 4 BR
- $1,141/mo
- Median Income
- $52,444/yr
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
Frequently Asked Questions
Is Bismarck or San Luis Obispo cheaper to rent in?
Bismarck is cheaper — a 2-bedroom Fair Market Rent is $817/mo vs $1,623/mo in San Luis Obispo. That's $806/mo or $9,672/year more expensive in San Luis Obispo (99% higher).
What is the 2-bedroom rent in Bismarck vs San Luis Obispo?
The HUD Fair Market Rent for a 2-bedroom in Bismarck is $817/month. In San Luis Obispo, a 2-bedroom FMR is $1,623/month.
How do incomes compare between Bismarck and San Luis Obispo?
The median household income in Bismarck is $52,444/year. In San Luis Obispo it is $94,761/year. San Luis Obispo has the higher median income.
What is the studio rent in Bismarck vs San Luis Obispo?
A studio apartment Fair Market Rent in Bismarck is $555/mo. In San Luis Obispo it is $1,065/mo.