El Paso vs San Luis Obispo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
El Paso is 87% cheaper for renters. A 2-bedroom rents for $868/mo vs $1,623/mo in San Luis Obispo — saving $9,060/year.
Rent by Unit Size
| Unit Size | El Paso | San Luis Obispo | Difference |
|---|---|---|---|
| Studio | $557 | $1,065 | $508 |
| 1 Bedroom | $685 | $1,360 | $675 |
| 2 Bedrooms | $868 | $1,623 | $755 |
| 3 Bedrooms | $1,052 | $2,039 | $987 |
| 4 Bedrooms | $1,194 | $2,372 | $1,178 |
| Median Income | $45,964 | $94,761 | $48,797 |
El Paso
- Studio
- $557/mo
- 1 BR
- $685/mo
- 2 BR
- $868/mo
- 3 BR
- $1,052/mo
- 4 BR
- $1,194/mo
- Median Income
- $45,964/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 El Paso or San Luis Obispo cheaper to rent in?
El Paso is cheaper — a 2-bedroom Fair Market Rent is $868/mo vs $1,623/mo in San Luis Obispo. That's $755/mo or $9,060/year more expensive in San Luis Obispo (87% higher).
What is the 2-bedroom rent in El Paso vs San Luis Obispo?
The HUD Fair Market Rent for a 2-bedroom in El Paso is $868/month. In San Luis Obispo, a 2-bedroom FMR is $1,623/month.
How do incomes compare between El Paso and San Luis Obispo?
The median household income in El Paso is $45,964/year. In San Luis Obispo it is $94,761/year. San Luis Obispo has the higher median income.
What is the studio rent in El Paso vs San Luis Obispo?
A studio apartment Fair Market Rent in El Paso is $557/mo. In San Luis Obispo it is $1,065/mo.