FairRentWize

Lake Charles vs San Luis Obispo

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Lake Charles is 121% cheaper for renters. A 2-bedroom rents for $735/mo vs $1,623/mo in San Luis Obispo — saving $10,656/year.

Rent by Unit Size

Unit SizeLake CharlesSan Luis ObispoDifference
Studio$490$1,065$575
1 Bedroom$592$1,360$768
2 Bedrooms$735$1,623$888
3 Bedrooms$930$2,039$1,109
4 Bedrooms$984$2,372$1,388
Median Income$45,479$94,761$49,282

Lake Charles

Studio
$490/mo
1 BR
$592/mo
2 BR
$735/mo
3 BR
$930/mo
4 BR
$984/mo
Median Income
$45,479/yr
Full Lake Charles 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 Lake Charles or San Luis Obispo cheaper to rent in?
Lake Charles is cheaper — a 2-bedroom Fair Market Rent is $735/mo vs $1,623/mo in San Luis Obispo. That's $888/mo or $10,656/year more expensive in San Luis Obispo (121% higher).
What is the 2-bedroom rent in Lake Charles vs San Luis Obispo?
The HUD Fair Market Rent for a 2-bedroom in Lake Charles is $735/month. In San Luis Obispo, a 2-bedroom FMR is $1,623/month.
How do incomes compare between Lake Charles and San Luis Obispo?
The median household income in Lake Charles is $45,479/year. In San Luis Obispo it is $94,761/year. San Luis Obispo has the higher median income.
What is the studio rent in Lake Charles vs San Luis Obispo?
A studio apartment Fair Market Rent in Lake Charles is $490/mo. In San Luis Obispo it is $1,065/mo.