San Luis Obispo County

As of today, the 30-year fixed mortgage rate for San Luis Obispo County is approximately 6.875% (6.895% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

The median home value in San Luis Obispo County is $844k. The median monthly rent is $2,064. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Home values in San Luis Obispo County have increased 14.1% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

Based on a typical all-in ownership cost of $2,081/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $89k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in San Luis Obispo County is $98k/year.

The largest employment sectors in San Luis Obispo County are public administration (23%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.