California · FIPS 06079 · HUD FY 2027

San Luis Obispo County, California Fair Market Rent

HUD’s FY 2027 Fair Market Rent for a 2-bedroom in San Luis Obispo County is $2,720 a month (rent plus utilities), 3% above the California average of $2,632 and 54% above the U.S. average of $1,761. That is up $49 (1.8%) from FY 2026. At 30% of income, a household needs about $108,800 a year to afford it.

$2,7202-bedroom FMR+$49 (+1.8%) vs FY 2026
$2,0791-bedroom FMRCalifornia: $2,151 · U.S.: $1,478
$108,800Income for a 2-bedroom$52/hour full-time
15 of 582BR rank in California1 = highest rent

Can you afford the Fair Market Rent here?

Uses the common 30%-of-gross-income guideline. Results update as you type and stay in your browser.

Household income ($ per year, before tax)

Default: the income a 2-bedroom here needs at 30%.

Unit size

Rent you can afford at 30% of income$2,720/month

2-bedroom Fair Market Rent and the income it needs
Area	Fair Market Rent	Income needed	Share of your income
San Luis Obispo County FMR	$2,720	$108,800	–
California average	$2,632	$105,292	–
U.S. average	$1,761	$70,432	–

San Luis Obispo County Fair Market Rents, FY 2027 vs FY 2026, with state and U.S. averages
Unit	San Luis Obispo County FY 2027	FY 2026	Change	California avg	U.S. avg	Income needed
Studio	$1,894	$1,842	+$52 (+2.8%)	$1,986	$1,379	$75,760
1 bedroom	$2,079	$2,036	+$43 (+2.1%)	$2,151	$1,478	$83,160
2 bedrooms	$2,720	$2,671	+$49 (+1.8%)	$2,632	$1,761	$108,800
3 bedrooms	$3,634	$3,584	+$50 (+1.4%)	$3,457	$2,266	$145,360
4 bedrooms	$4,208	$4,105	+$103 (+2.5%)	$3,986	$2,607	$168,320

How San Luis Obispo County compares

HUD sets this rent for the San Luis Obispo-Paso Robles, CA metro FMR area, which covers 281,555 residents in 1 county.
Across California, 2-bedroom FMRs run from $1,084 (Modoc County) to $4,254 (Santa Cruz County).
Studio to 4-bedroom: $1,894, $2,079, $2,720, $3,634, $4,208. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
HUD also publishes ZIP-level Small Area FMRs. For the 23 ZIP codes mostly in San Luis Obispo County (by land area), the 2-bedroom figure ranges from $2,410 to $3,720.

Small Area FMRs by ZIP code in San Luis Obispo County

Filter ZIP codes

FY 2027 Small Area Fair Market Rents, ZIP codes in San Luis Obispo County
ZIP	Studio	1BR	2BR	3BR	4BR	2BR vs FY 2026	2BR vs area FMR
93401	$2,140	$2,350	$3,070	$4,100	$4,750	−$10 (−0.3%)	13% above
93402	$1,910	$2,090	$2,740	$3,660	$4,240	+$30 (+1.1%)	1% above
93405	$1,960	$2,160	$2,820	$3,770	$4,360	−$100 (−3.4%)	4% above
93407	$1,960	$2,160	$2,820	$3,770	$4,360	−$100 (−3.4%)	4% above
93408	$1,960	$2,160	$2,820	$3,770	$4,360	−$100 (−3.4%)	4% above
93409	$1,960	$2,160	$2,820	$3,770	$4,360	−$100 (−3.4%)	4% above
93410	$1,960	$2,160	$2,820	$3,770	$4,360	−$100 (−3.4%)	4% above
93420	$2,060	$2,260	$2,960	$3,960	$4,580	+$90 (+3.1%)	9% above
93422	$1,820	$2,000	$2,610	$3,490	$4,040	+$70 (+2.8%)	4% below
93424	$1,970	$2,170	$2,830	$3,780	$4,380	−$100 (−3.4%)	4% above
93428	$1,870	$2,050	$2,680	$3,580	$4,150	+$100 (+3.9%)	1% below
93430	$1,660	$1,840	$2,410	$3,230	$3,700	+$120 (+5.2%)	11% below
93432	$1,970	$2,170	$2,840	$3,790	$4,390	+$80 (+2.9%)	4% above
93433	$1,890	$2,080	$2,720	$3,630	$4,210	+$60 (+2.3%)	same
93442	$1,800	$1,970	$2,580	$3,450	$3,990	+$10 (+0.4%)	5% below
93444	$2,010	$2,210	$2,890	$3,860	$4,470	+$90 (+3.2%)	6% above
93445	$1,660	$1,840	$2,410	$3,230	$3,700	+$210 (+9.5%)	11% below
93446	$1,890	$2,080	$2,720	$3,630	$4,210	+$80 (+3.0%)	same
93449	$2,240	$2,460	$3,220	$4,300	$4,980	−$20 (−0.6%)	18% above
93452	$1,660	$1,840	$2,410	$3,230	$3,700	+$210 (+9.5%)	11% below
93453	$1,860	$2,040	$2,670	$3,570	$4,130	+$90 (+3.5%)	2% below
93461	$1,720	$1,890	$2,470	$3,300	$3,820	−$60 (−2.4%)	9% below
93465	$2,590	$2,840	$3,720	$4,970	$5,750	+$160 (+4.5%)	37% above

Sources

U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).
ZIP-to-county assignment: Census Bureau 2020 ZCTA-to-county relationship file (file dated December 9, 2021), largest land-area overlap.

Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.

All California counties · How HUD sets these rents