San Luis Obispo, CA

  • Overview
  • Performance
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Key Performance Metrics

Market snapshot

Performance indicators for the San Luis Obispo short-term rental market based on reliable data.

Listings

2633 / 4418

Reliable / Active

Cap Rate

5%

Middle-Earners Gross Yield

Revenue

$49,641

Middle-Earners Revenue

Occupancy

53%

Middle-Earners Occupancy

Home Value

$1,077,043

Median Home Sale Price

Top Earners

$114,610

Top-Earners Revenue

San Luis Obispo

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in San Luis Obispo.

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B

Generally Investor friendly

San Luis Obispo Regulations

B: Traditional vacation rentals are permitted in unincorporated county areas with moderate licensing, fees, and operational standards; city STRs are limited to owner-occupied homestays, which constrains investment, but the county environment remains clear and manageable for investors.

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About San Luis Obispo

San Luis Obispo, often referred to as "SLO," is a picturesque city located on California's Central Coast, halfway between San Francisco and Los Angeles. According to the U.S. Census Bureau, the city had a population of approximately 47,000 as of 2020. Situated at a distance of about 200 miles north of Los Angeles and 240 miles south of San Francisco, San Luis Obispo offers a central point for visitors traveling between these major cities.

San Luis Obispo is known for its charming downtown area, historical landmarks, and vibrant cultural scene. Key attractions include the historic Mission San Luis Obispo de Tolosa (https://missionsanluisobispo.org/),,) founded in 1772, which stands as a focal point of the city's rich history. Another significant site is Bubblegum Alley (https://www.slocal.com/things-to-do/regions/san-luis-obispo/bubblegum-alley/),,) a quirky and colorful display of used bubblegum that has become a popular tourist spot.

The city's natural beauty is showcased in areas such as Bishop Peak (https://www.alltrails.com/trail/us/california/bishop-peak-trail),,) a popular hiking destination that offers panoramic views of the surrounding landscape. San Luis Obispo is also home to Cal Poly San Luis Obispo, a renowned public university that contributes to the vibrant and youthful atmosphere of the city.

Given its scenic beauty and array of attractions, San Luis Obispo is an appealing location for short-term rentals. Visitors often seek accommodations that provide proximity to both the downtown area and the various outdoor activities available nearby. The city's temperate climate and laid-back lifestyle make it an attractive year-round destination. The central location also allows for convenient excursions to nearby wine country regions such as Paso Robles (https://www.travelpaso.com/),,) further enhancing its appeal for short-term visitors.

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