Las Cruces vs San Luis Obispo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Las Cruces is 101% cheaper for renters. A 2-bedroom rents for $806/mo vs $1,623/mo in San Luis Obispo — saving $9,804/year.
Rent by Unit Size
| Unit Size | Las Cruces | San Luis Obispo | Difference |
|---|---|---|---|
| Studio | $537 | $1,065 | $528 |
| 1 Bedroom | $638 | $1,360 | $722 |
| 2 Bedrooms | $806 | $1,623 | $817 |
| 3 Bedrooms | $949 | $2,039 | $1,090 |
| 4 Bedrooms | $1,133 | $2,372 | $1,239 |
| Median Income | $43,858 | $94,761 | $50,903 |
Las Cruces
- Studio
- $537/mo
- 1 BR
- $638/mo
- 2 BR
- $806/mo
- 3 BR
- $949/mo
- 4 BR
- $1,133/mo
- Median Income
- $43,858/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 Las Cruces or San Luis Obispo cheaper to rent in?
Las Cruces is cheaper — a 2-bedroom Fair Market Rent is $806/mo vs $1,623/mo in San Luis Obispo. That's $817/mo or $9,804/year more expensive in San Luis Obispo (101% higher).
What is the 2-bedroom rent in Las Cruces vs San Luis Obispo?
The HUD Fair Market Rent for a 2-bedroom in Las Cruces is $806/month. In San Luis Obispo, a 2-bedroom FMR is $1,623/month.
How do incomes compare between Las Cruces and San Luis Obispo?
The median household income in Las Cruces is $43,858/year. In San Luis Obispo it is $94,761/year. San Luis Obispo has the higher median income.
What is the studio rent in Las Cruces vs San Luis Obispo?
A studio apartment Fair Market Rent in Las Cruces is $537/mo. In San Luis Obispo it is $1,065/mo.