Lincoln vs San Luis Obispo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lincoln is 94% cheaper for renters. A 2-bedroom rents for $835/mo vs $1,623/mo in San Luis Obispo — saving $9,456/year.
Rent by Unit Size
| Unit Size | Lincoln | San Luis Obispo | Difference |
|---|---|---|---|
| Studio | $561 | $1,065 | $504 |
| 1 Bedroom | $685 | $1,360 | $675 |
| 2 Bedrooms | $835 | $1,623 | $788 |
| 3 Bedrooms | $1,007 | $2,039 | $1,032 |
| 4 Bedrooms | $1,216 | $2,372 | $1,156 |
| Median Income | $40,210 | $94,761 | $54,551 |
Lincoln
- Studio
- $561/mo
- 1 BR
- $685/mo
- 2 BR
- $835/mo
- 3 BR
- $1,007/mo
- 4 BR
- $1,216/mo
- Median Income
- $40,210/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 Lincoln or San Luis Obispo cheaper to rent in?
Lincoln is cheaper — a 2-bedroom Fair Market Rent is $835/mo vs $1,623/mo in San Luis Obispo. That's $788/mo or $9,456/year more expensive in San Luis Obispo (94% higher).
What is the 2-bedroom rent in Lincoln vs San Luis Obispo?
The HUD Fair Market Rent for a 2-bedroom in Lincoln is $835/month. In San Luis Obispo, a 2-bedroom FMR is $1,623/month.
How do incomes compare between Lincoln and San Luis Obispo?
The median household income in Lincoln is $40,210/year. In San Luis Obispo it is $94,761/year. San Luis Obispo has the higher median income.
What is the studio rent in Lincoln vs San Luis Obispo?
A studio apartment Fair Market Rent in Lincoln is $561/mo. In San Luis Obispo it is $1,065/mo.