ERA Management is pleased to offer The Downtown Terrace a 60 unit community in downtown San Luis Obispo
Enjoy the downtown lifestyle at the Downtown Terrace community, just a few blocks from shopping, restaurants, and the farmer's market. This unit is a must see.
This light-filled two bedroom unit in a gated community includes a beautifully updated kitchen with refrigerator, stove/range. Unit also includes AC, vinyl floors and in-unit laundry. This is a downstairs apartment.
PARKING
Please be advised there is NO PARKING available at this property. There is open street parking on Pacific St and Beach St, a 3 minute walk. There are also 3 city parking garages available at $45/mo through SLO city, a 10+ minute walk depending on which garage you prefer.
PET POLICY
The Downtown Terrace is a pet friendly community limited to one pet per unit. Dogs must be under 25lbs and all residents are required to complete a pet screening with their application.
Pet Fee: $75/mo
UTILITIES
Residents are responsible for electric, gas, & internet
Water Fee: $65/mo
Trash Fee: $15/mo
LAUNDRY
In-unit laundry $50/mo
*Renderings, photos, and square footage are for marketing purposes only. Full details of the arrangement set forth in the final written agreement between the parties.
Apartment for rent
$2,250/mo
550 Higuera St #22B, San Luis Obispo, CA 93401
2beds
625sqft
Price may not include required fees and charges.
Apartment
Available now
Cats, small dogs OK
In unit laundry
What's special
Vinyl floorsLight-filled two bedroom unitBeautifully updated kitchenIn-unit laundry
- 20 days |
- -- |
- -- |
Zillow last checked: 10 hours ago
Listing updated: December 02, 2025 at 01:54pm
Learn more about the building:
Travel times
Looking to buy when your lease ends?
Consider a first-time homebuyer savings account designed to grow your down payment with up to a 6% match & a competitive APY.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Appliances
- Included: Dryer, Refrigerator, Washer
- Laundry: In Unit
Interior area
- Total interior livable area: 625 sqft
Video & virtual tour
Property
Parking
- Details: Contact manager
Features
- Exterior features: Close to Cal Poly SLO, Close to Downtown SLO, Downstairs Unit, No Utilities included in rent, Security: none
Construction
Type & style
- Home type: Apartment
- Property subtype: Apartment
Condition
- Year built: 2018
Building
Details
- Building name: Beautiful Apartment Community in Downtown San Luis Obisp
Management
- Pets allowed: Yes
Community & HOA
Community
- Security: Gated Community
Location
- Region: San Luis Obispo
Financial & listing details
- Lease term: Contact For Details
Price history
| Date | Event | Price |
|---|---|---|
| 11/17/2025 | Listed for rent | $2,250-8.2%$4/sqft |
Source: Zillow Rentals | ||
| 6/1/2023 | Listing removed | -- |
Source: Zillow Rentals | ||
| 5/29/2023 | Listed for rent | $2,450$4/sqft |
Source: Zillow Rentals | ||
| 8/22/2022 | Listing removed | -- |
Source: Zillow Rental Network Premium_1 | ||
| 6/9/2022 | Listed for rent | $2,450$4/sqft |
Source: Zillow Rental Network Premium_1 | ||

