FairRentWize

Missoula vs San Luis Obispo

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Missoula is 50% cheaper for renters. A 2-bedroom rents for $1,081/mo vs $1,623/mo in San Luis Obispo — saving $6,504/year.

Rent by Unit Size

Unit SizeMissoulaSan Luis ObispoDifference
Studio$762$1,065$303
1 Bedroom$909$1,360$451
2 Bedrooms$1,081$1,623$542
3 Bedrooms$1,423$2,039$616
4 Bedrooms$1,651$2,372$721
Median Income$73,596$94,761$21,165

Missoula

Studio
$762/mo
1 BR
$909/mo
2 BR
$1,081/mo
3 BR
$1,423/mo
4 BR
$1,651/mo
Median Income
$73,596/yr
Full Missoula 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 Missoula or San Luis Obispo cheaper to rent in?
Missoula is cheaper — a 2-bedroom Fair Market Rent is $1,081/mo vs $1,623/mo in San Luis Obispo. That's $542/mo or $6,504/year more expensive in San Luis Obispo (50% higher).
What is the 2-bedroom rent in Missoula vs San Luis Obispo?
The HUD Fair Market Rent for a 2-bedroom in Missoula is $1,081/month. In San Luis Obispo, a 2-bedroom FMR is $1,623/month.
How do incomes compare between Missoula and San Luis Obispo?
The median household income in Missoula is $73,596/year. In San Luis Obispo it is $94,761/year. San Luis Obispo has the higher median income.
What is the studio rent in Missoula vs San Luis Obispo?
A studio apartment Fair Market Rent in Missoula is $762/mo. In San Luis Obispo it is $1,065/mo.