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Land and home values in San Luis Obispo County, California

San Luis Obispo County (metro core, San Luis Obispo-Paso Robles, CA) covers 3,301 square miles and 70 census tracts. Residential land is about $37.00 per sq ft at the county median, from $15.70 in its most rural tracts to $78.70 in its most valuable. The typical home is worth about $904,000 and a 2-bedroom rents for about $2,660 a month, as of October 12, 2026.

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County values

Land: residential$37.00per sq ft
Land: residential$1.61Mper acre
Land: quarter-acre lot$402,93010,890 sq ft
Land: farmland$13,600per acre
Home: typical (median)$904,000value
Home: entry-level$642,000lower quartile
Home: upper-end$1.11Mupper quartile
Build new$177per sq ft, no land
Rent: 1-bedroom$2,020per month
Rent: 2-bedroom$2,660per month
Rent: 3-bedroom$3,570per month
Rent: 4-bedroom$4,080per month
Gross yield, 2-bed3.5%a year

Price tiers

TierTractsLand $/sq ftTypical homeRent 2-bed
Top tier4$92.60$1.45M$2,920
Upper15$53.60$1.09M$2,860
Mid25$36.00$896,000$2,560
Entry18$22.60$668,000$2,440
Rural8$51.20$1.06M$2,880

Tiers rank neighborhoods by home value within each metro area; outside metro areas they follow how built-up the land is. They describe prices only.

Cities and towns

Highest-value places

PlaceTypeLand $/sq ftTypical home
CayucosCommunity$98.40$1.08M
Pismo BeachTown$92.90$1.09M
Avila BeachCommunity$72.90$1.32M
CambriaCommunity$57.30$988,000
San SimeonCommunity$55.50$471,000
Morro BayTown$53.20$975,000
San Luis ObispoTown$50.30$993,000
Los RanchosCommunity$48.60$1.32M

Questions people ask

How much is land worth in San Luis Obispo County, CA?

Residential land in San Luis Obispo County, CA is about $37.00 per square foot, or $1.61M an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $402,930. Smaller lots sell for more per square foot and large tracts for less.

What is the typical home value in San Luis Obispo County, CA?

The typical (median) home in San Luis Obispo County, CA is worth about $904,000, with entry-level homes around $642,000 and upper-end homes around $1.11M, as of October 2026.

How much is rent in San Luis Obispo County, CA?

A 2-bedroom rents for about $2,660 a month in San Luis Obispo County, CA, a 1-bedroom about $2,020 and a 3-bedroom about $3,570 (gross rent including utilities, HUD Fair Market Rent basis).

How much is farmland per acre in San Luis Obispo County, CA?

Farmland averages about $13,600 an acre in San Luis Obispo County, CA (USDA, including buildings), well below residential land.

Is this an appraisal?

No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.

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