Search Cheap Hotels in San Luis Obispo

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Check availability on San Luis Obispo Cheap Hotels

Our top choices for San Luis Obispo cheap hotels

Terrace/patio
La Cuesta Inn, BW Signature Collection

La Cuesta Inn, BW Signature Collection

La Cuesta Inn, BW Signature Collection
2.5 star property
San Luis Obispo
8.8 out of 10, Excellent, (1079)
"Clean room, nice staff, good location"
United States
Irene
The price is ฿3,663
฿4,157 total
includes taxes & fees
21 Dec - 22 Dec
La Cuesta Inn, BW Signature Collection
Free daily buffet breakfast
Quality Suites Downtown San Luis Obispo

Quality Suites Downtown San Luis Obispo

Quality Suites Downtown San Luis Obispo
3.0 star property
San Luis Obispo
9.4 out of 10, Exceptional, (1294)
"Breakfast staff was very friendly and helpful. "
United States
Julie
The price is ฿3,593
฿4,716 total
includes taxes & fees
11 Jan - 12 Jan 2026
Quality Suites Downtown San Luis Obispo
Free daily on-the-go breakfast
University Inn

University Inn

University Inn
2.0 star property
San Luis Obispo
8.0 out of 10, Very good, (1001)
"love the place close to everything and very clean "
United States
eduardo
University Inn
Family Studio Suite | Desk, blackout curtains, iron/ironing board, cots/infant beds
Vagabond Inn San Luis Obispo

Vagabond Inn San Luis Obispo

Vagabond Inn San Luis Obispo
2.0 star property
San Luis Obispo
8.4 out of 10, Very good, (1181)
"Clean room, reasonable rate, helpful staff"
United States
Thomas
The price is ฿1,868
฿2,498 total
includes taxes & fees
14 Dec - 15 Dec
Vagabond Inn San Luis Obispo
Property grounds
Peach Tree Inn

Peach Tree Inn

Peach Tree Inn
2.0 star property
San Luis Obispo
8.8 out of 10, Excellent, (1000)
"Very cordial staff, great rooms and location."
United States
Chad
The price is ฿2,808
฿3,402 total
includes taxes & fees
14 Dec - 15 Dec
Peach Tree Inn
Soundproofing, iron/ironing board, free WiFi, bed sheets
Avenue Inn Downtown San Luis Obispo

Avenue Inn Downtown San Luis Obispo

Avenue Inn Downtown San Luis Obispo
2.5 star property
Lower Higuera
9.0 out of 10, Wonderful, (1134)
"Good room, nice staff."
United States
annamalai
The price is ฿2,492
฿2,829 total
includes taxes & fees
14 Dec - 15 Dec
Avenue Inn Downtown San Luis Obispo
Desk, free WiFi, bed sheets
Motel 6 San Luis Obispo, CA - South

Motel 6 San Luis Obispo, CA - South

Motel 6 San Luis Obispo, CA - South
2.0 star property
San Luis Obispo
8.4 out of 10, Very good, (1027)
"Super pet-friendly!"
United States
Nikki
The price is ฿2,413
฿2,744 total
includes taxes & fees
29 Dec - 30 Dec
Motel 6 San Luis Obispo, CA - South
Breakfast area
San Luis Inn And Suites

San Luis Inn And Suites

San Luis Inn And Suites
2.0 star property
Foothill
7.0 out of 10, Good, (331)
"Love going to the hotel here the lady at the desk is always amazing "
United States
arturo
The price is ฿1,529
฿2,630 total
includes taxes & fees
16 Dec - 17 Dec
San Luis Inn And Suites
Lobby sitting area
Inn at San Luis Obispo

Inn at San Luis Obispo

Inn at San Luis Obispo
2.5 star property
San Luis Obispo
7.6 out of 10, Good, (1001)
"The Inn was a terrific location for a visit to Cal Poly. The hotel was quiet and clean and a good value. We would definitely stay here again."
United States
Craig
The price is ฿1,878
฿2,131 total
includes taxes & fees
7 Jan - 8 Jan 2026
Inn at San Luis Obispo
Outdoor pool, a heated pool, pool umbrellas, pool loungers
Best Western Plus Royal Oak Hotel

Best Western Plus Royal Oak Hotel

Best Western Plus Royal Oak Hotel
2.5 star property
San Luis Obispo
8.6 out of 10, Excellent, (1001)
"Pool was out of order and breakfast room was cold but otherwise perfect hotel and great location. Super nice staff, breakfast was delicious, free hot chocolate/ coffee machine and very nice center patio with warm fireplace. We will for sure be retuning to this hotel. "
United States
Diego
The price is ฿3,265
฿3,712 total
includes taxes & fees
1 Jan - 2 Jan 2026
Best Western Plus Royal Oak Hotel
Lowest nightly price found within the past 24 hours based on a 1 night stay for 2 adults. Prices and availability subject to change. Additional terms may apply.
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Top San Luis Obispo Hotel Reviews

Madonna Inn

Madonna Inn

10/10 Excellent
"Always such a joy"
Charmine 1-night trip
Posted 4 days ago
Madonna Inn

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Frequently asked questions

What is San Luis Obispo like for travellers on a budget?
San Luis Obispo has cheap accommodation options and a range of things to see and do, making it a great getaway spot for budget travellers. You can find ways to save money while getting to know this destination, which is home to attractions such as Fremont Theater, Downtown SLO Farmers' Market and San Luis Obispo Superior Court.
What's the best budget-friendly hotel in San Luis Obispo?
Based on reviews, Quality Suites Downtown San Luis Obispo is a popular hotel for our travellers who want a more economical choice, and features free buffet breakfast and free Wi-Fi. Other choices for your budget-friendly stay include Mission Inn San Luis Obispo and La Cuesta Inn, BW Signature Collection.
How many low-cost hotels should I expect to find in San Luis Obispo?
Expedia has 9 hotels in San Luis Obispo that are ideal if you are watching your pennies.
When is the best time for a budget trip to San Luis Obispo?
Weather will likely play an important role when you plan your trip to San Luis Obispo, but bear in mind that cheaper options are usually available when the weather isn't as good. The hottest months are usually August and September, with an average temperature of 20°C, while the coldest months are February and December, with an average of 12°C. Average annual precipitation for San Luis Obispo is 433 mm.
What is there to see and do in San Luis Obispo?
San Luis Obispo attracts visitors with its fine wine and fantastic dining options, and offers plenty to see and do without spending a fortune. You can budget for the top local attractions on your list, and then make time for sights and activities that cost little or nothing at all. Explore and snap photos of landmarks like Fremont Theater, or check out the area's cultural spots like Performing Arts Center and Morro Bay State Park.
How can I get to San Luis Obispo and get around on a budget?
Scoping out the transportation options in San Luis Obispo is a smart way to keep your trip affordable. The nearest airport is San Luis Obispo, CA (SBP-San Luis Obispo County Regional), 3 mi (4.9 km) away. However, if that doesn't suit your budget, the next closest is 28.8 mi (46.4 km) away: Santa Maria, CA (SMX-Santa Maria Public). To see more of the larger area, hop on a train at San Luis Obispo Station.