Fresno vs San Luis Obispo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Fresno is 50% cheaper for renters. A 2-bedroom rents for $1,083/mo vs $1,623/mo in San Luis Obispo — saving $6,480/year.
Rent by Unit Size
| Unit Size | Fresno | San Luis Obispo | Difference |
|---|---|---|---|
| Studio | $732 | $1,065 | $333 |
| 1 Bedroom | $890 | $1,360 | $470 |
| 2 Bedrooms | $1,083 | $1,623 | $540 |
| 3 Bedrooms | $1,294 | $2,039 | $745 |
| 4 Bedrooms | $1,619 | $2,372 | $753 |
| Median Income | $61,735 | $94,761 | $33,026 |
Fresno
- Studio
- $732/mo
- 1 BR
- $890/mo
- 2 BR
- $1,083/mo
- 3 BR
- $1,294/mo
- 4 BR
- $1,619/mo
- Median Income
- $61,735/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 Fresno or San Luis Obispo cheaper to rent in?
Fresno is cheaper — a 2-bedroom Fair Market Rent is $1,083/mo vs $1,623/mo in San Luis Obispo. That's $540/mo or $6,480/year more expensive in San Luis Obispo (50% higher).
What is the 2-bedroom rent in Fresno vs San Luis Obispo?
The HUD Fair Market Rent for a 2-bedroom in Fresno is $1,083/month. In San Luis Obispo, a 2-bedroom FMR is $1,623/month.
How do incomes compare between Fresno and San Luis Obispo?
The median household income in Fresno is $61,735/year. In San Luis Obispo it is $94,761/year. San Luis Obispo has the higher median income.
What is the studio rent in Fresno vs San Luis Obispo?
A studio apartment Fair Market Rent in Fresno is $732/mo. In San Luis Obispo it is $1,065/mo.