San Luis Obispo vs Springfield
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Springfield is 125% cheaper for renters. A 2-bedroom rents for $720/mo vs $1,623/mo in San Luis Obispo — saving $10,836/year.
Rent by Unit Size
| Unit Size | San Luis Obispo | Springfield | Difference |
|---|---|---|---|
| Studio | $1,065 | $490 | $575 |
| 1 Bedroom | $1,360 | $583 | $777 |
| 2 Bedrooms | $1,623 | $720 | $903 |
| 3 Bedrooms | $2,039 | $925 | $1,114 |
| 4 Bedrooms | $2,372 | $987 | $1,385 |
| Median Income | $94,761 | $37,539 | $57,222 |
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
Springfield
- Studio
- $490/mo
- 1 BR
- $583/mo
- 2 BR
- $720/mo
- 3 BR
- $925/mo
- 4 BR
- $987/mo
- Median Income
- $37,539/yr
Frequently Asked Questions
Is San Luis Obispo or Springfield cheaper to rent in?
Springfield is cheaper — a 2-bedroom Fair Market Rent is $720/mo vs $1,623/mo in San Luis Obispo. That's $903/mo or $10,836/year more expensive in San Luis Obispo (125% higher).
What is the 2-bedroom rent in San Luis Obispo vs Springfield?
The HUD Fair Market Rent for a 2-bedroom in San Luis Obispo is $1,623/month. In Springfield, a 2-bedroom FMR is $720/month.
How do incomes compare between San Luis Obispo and Springfield?
The median household income in San Luis Obispo is $94,761/year. In Springfield it is $37,539/year. San Luis Obispo has the higher median income.
What is the studio rent in San Luis Obispo vs Springfield?
A studio apartment Fair Market Rent in San Luis Obispo is $1,065/mo. In Springfield it is $490/mo.