1186 Olive St

Apartment
2 beds
1 bath
850 sqft
Pets OK
Laundry on site

About 1186 Olive St

Newly Renovated 2 Bed/1 Bath For 2027-2028 School Year Near Cal Poly & Downtown San Luis Obispo.

En-Suite Laundry. Outdoor Space. Recessed LED Lighting, Custom Switches. Stainless Steel Appliances- Electric Range, Dishwasher, Microwave Hood/Oven, High End Refrigerator. Stainless Steel Kitchen Sink/Luxury Faucet With Garbage Disposal. Custom Shelving. Hardwood Floors/Custom Deco Tile/Custom Pendent Lighting. Quartz Countertops. Luxury Bathroom - Custom Double Vanity With Storage, Glass Enclosed Subway Tile Shower, Kohler Toilet With Soft Close Lid, Custom Faucets, Humidifier Controlled Fan.

Pet Friendly. Utilities: Tenant Pays For Water/Sewer, Gas, Electric And Cable. Landlord Pays Trash And Landscaping.
4 days on RentalSource
RentalSource last checked: 1 day ago · Listing updated: November 10, 2026
Managed by REcreate Property Management · (805) 500-8521
Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.

Property Summary

Property Type: Apartment
Rental Fee: $4,095
Bedrooms: 2 beds
Bathrooms: 1 bath
Size: 850 sqft
Pets: Yes
Laundry: On site
Parking: Inquire
Available: July 1, 2027
ID: 84713621

Amenities

  • Laundry Facilities
  • Dishwasher
  • Cable/Satellite TV
  • Electric Range
  • Garbage Disposal
  • Granite/Quartz Countertops
  • Hardwood Floors
  • Microwave
  • Refrigerator
  • Stainless Steel Appliances
  • Storage

Additional Details

This 2-bedroom, 1-bathroom apartment at 1186 Olive St in San Luis Obispo, CA 93405 rents for $4,095 a month. It has 850 square feet and is pet friendly. 1186 Olive St was advertised by REcreate Property Management on November 10, 2026.

How the Rent Compares

At $4,095 a month, this apartment is well above the typical rent for 2-bedroom apartments and condos in San Luis Obispo (about $2,730).

From 30 two-bedroom apartments and condos listed in San Luis Obispo on RentalSource in November 2026: the scale holds eight in ten of them, and the shaded band the middle half.

$2,730Typical rent for 2-bedroom apartments and condos in San Luis Obispo
$2,460–$3,500Middle half of their rents
20 daysAverage time they have been listed

See 2+ bedroom rentals in San Luis Obispo

Rent History

This home was last listed for rent on RentalSource from October to November 2025 for $3,995. Today's rent is $100 higher.

Rent history for this home, newest first
DateEventRentChange
November 10, 2026 Listed for rent $4,095+2.5% +2.5%
November 10, 2025 Listing removed $3,995
October 29, 2025 Listed for rent $3,995+14.3% +14.3%
July 31, 2024 Listing removed $3,495−5.4% −5.4%
April 19, 2024 Price change $3,695−2.6% −2.6%

These are listed prices. What renters actually paid may have been different.

Affordability Calculator

Can I afford to live at 1186 Olive St?
Bedrooms
2 bedrooms
30%
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Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.
Recommended income
$163,800 /year
With your chosen rent-to-income ratio, an annual income of $163,800 is recommended to comfortably afford this 2-bedroom rental priced at $4,095 per month.
For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.

Commute

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Apartment for rent
$4,095
Can I afford this home?
Interested in 1186 Olive St?
Find out more about this property & see if it's available now.
Property managed by
(805) 500-8521 · View all 16 rentals
Avoid rental scams - Situations involving wire transfers or a landlord who can't meet you in person can be red flags.
1186 Olive St, San Luis Obispo, CA 93405
Apartment for rent
$4,095
Can I afford this home?
Interested in 1186 Olive St?
Find out more about this property & see if it's available now.
Property managed by
(805) 500-8521 · View all 16 rentals
Avoid rental scams - Situations involving wire transfers or a landlord who can't meet you in person can be red flags.
$4,095
Apartment for rent
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1186 Olive St, San Luis Obispo, CA 93405 - Apartment for Rent - Image 9
1186 Olive St, San Luis Obispo, CA 93405 - Apartment for Rent - Image 10

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