Reno vs San Luis Obispo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Reno is 34% cheaper for renters. A 2-bedroom rents for $1,208/mo vs $1,623/mo in San Luis Obispo — saving $4,980/year.
Rent by Unit Size
| Unit Size | Reno | San Luis Obispo | Difference |
|---|---|---|---|
| Studio | $773 | $1,065 | $292 |
| 1 Bedroom | $946 | $1,360 | $414 |
| 2 Bedrooms | $1,208 | $1,623 | $415 |
| 3 Bedrooms | $1,422 | $2,039 | $617 |
| 4 Bedrooms | $1,636 | $2,372 | $736 |
| Median Income | $59,858 | $94,761 | $34,903 |
Reno
- Studio
- $773/mo
- 1 BR
- $946/mo
- 2 BR
- $1,208/mo
- 3 BR
- $1,422/mo
- 4 BR
- $1,636/mo
- Median Income
- $59,858/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 Reno or San Luis Obispo cheaper to rent in?
Reno is cheaper — a 2-bedroom Fair Market Rent is $1,208/mo vs $1,623/mo in San Luis Obispo. That's $415/mo or $4,980/year more expensive in San Luis Obispo (34% higher).
What is the 2-bedroom rent in Reno vs San Luis Obispo?
The HUD Fair Market Rent for a 2-bedroom in Reno is $1,208/month. In San Luis Obispo, a 2-bedroom FMR is $1,623/month.
How do incomes compare between Reno and San Luis Obispo?
The median household income in Reno is $59,858/year. In San Luis Obispo it is $94,761/year. San Luis Obispo has the higher median income.
What is the studio rent in Reno vs San Luis Obispo?
A studio apartment Fair Market Rent in Reno is $773/mo. In San Luis Obispo it is $1,065/mo.