San Luis Obispo vs Toledo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Toledo is 111% cheaper for renters. A 2-bedroom rents for $769/mo vs $1,623/mo in San Luis Obispo — saving $10,248/year.
Rent by Unit Size
| Unit Size | San Luis Obispo | Toledo | Difference |
|---|---|---|---|
| Studio | $1,065 | $521 | $544 |
| 1 Bedroom | $1,360 | $622 | $738 |
| 2 Bedrooms | $1,623 | $769 | $854 |
| 3 Bedrooms | $2,039 | $990 | $1,049 |
| 4 Bedrooms | $2,372 | $1,150 | $1,222 |
| Median Income | $94,761 | $44,170 | $50,591 |
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
Toledo
- Studio
- $521/mo
- 1 BR
- $622/mo
- 2 BR
- $769/mo
- 3 BR
- $990/mo
- 4 BR
- $1,150/mo
- Median Income
- $44,170/yr
Frequently Asked Questions
Is San Luis Obispo or Toledo cheaper to rent in?
Toledo is cheaper — a 2-bedroom Fair Market Rent is $769/mo vs $1,623/mo in San Luis Obispo. That's $854/mo or $10,248/year more expensive in San Luis Obispo (111% higher).
What is the 2-bedroom rent in San Luis Obispo vs Toledo?
The HUD Fair Market Rent for a 2-bedroom in San Luis Obispo is $1,623/month. In Toledo, a 2-bedroom FMR is $769/month.
How do incomes compare between San Luis Obispo and Toledo?
The median household income in San Luis Obispo is $94,761/year. In Toledo it is $44,170/year. San Luis Obispo has the higher median income.
What is the studio rent in San Luis Obispo vs Toledo?
A studio apartment Fair Market Rent in San Luis Obispo is $1,065/mo. In Toledo it is $521/mo.