Modesto vs San Luis Obispo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Modesto is 49% cheaper for renters. A 2-bedroom rents for $1,092/mo vs $1,623/mo in San Luis Obispo — saving $6,372/year.
Rent by Unit Size
| Unit Size | Modesto | San Luis Obispo | Difference |
|---|---|---|---|
| Studio | $727 | $1,065 | $338 |
| 1 Bedroom | $912 | $1,360 | $448 |
| 2 Bedrooms | $1,092 | $1,623 | $531 |
| 3 Bedrooms | $1,412 | $2,039 | $627 |
| 4 Bedrooms | $1,509 | $2,372 | $863 |
| Median Income | $56,394 | $94,761 | $38,367 |
Modesto
- Studio
- $727/mo
- 1 BR
- $912/mo
- 2 BR
- $1,092/mo
- 3 BR
- $1,412/mo
- 4 BR
- $1,509/mo
- Median Income
- $56,394/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 Modesto or San Luis Obispo cheaper to rent in?
Modesto is cheaper — a 2-bedroom Fair Market Rent is $1,092/mo vs $1,623/mo in San Luis Obispo. That's $531/mo or $6,372/year more expensive in San Luis Obispo (49% higher).
What is the 2-bedroom rent in Modesto vs San Luis Obispo?
The HUD Fair Market Rent for a 2-bedroom in Modesto is $1,092/month. In San Luis Obispo, a 2-bedroom FMR is $1,623/month.
How do incomes compare between Modesto and San Luis Obispo?
The median household income in Modesto is $56,394/year. In San Luis Obispo it is $94,761/year. San Luis Obispo has the higher median income.
What is the studio rent in Modesto vs San Luis Obispo?
A studio apartment Fair Market Rent in Modesto is $727/mo. In San Luis Obispo it is $1,065/mo.