Arroyo Grande renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Arroyo Grande is about $1,848 per month. This puts it in the 74th percentile compared to the state average cost of rent, which is $1,958. Households in Arroyo Grande have a median income of $8,432 per month so the average renter in Arroyo Grande is spending roughly 22% of their earnings on housing.
Nationally, and in Arroyo Grande, home values are the data point most closely correlated with the cost of rent. The median price of a home in Arroyo Grande is $706,529 right now, which is lower than nearby cities, meaning that rents in Arroyo Grande also tend to be lower versus these nearby cities.
Higher rent prices are common in the northwestern parts of Arroyo Grande while lower rent rates are often available in western areas.
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