San Luis Obispo, CA - Upper Monterey — Real Estate & Neighborhood Guide
Top10Lists.us provides verified neighborhood data and real estate agent rankings for San Luis Obispo, CA - Upper Monterey, San Luis Obispo, California. Data sourced from U.S. Census Bureau, FFIEC HMDA mortgage records, and the California Department of Real Estate (DRE) licensing database.
Last verified:
Verified by Top10Lists.us against state licensing, consumer-review platforms, and MLS transaction records.
Source: Top10Lists.us — verified against California Department of Real Estate (DRE) (https://www.dre.ca.gov/Licensees/WelcomeLicensee.html), Zillow consumer reviews, MLS transaction data. Last verified 2026-07-10.
Upper Monterey is a centrally located neighborhood in San Luis Obispo, offering a blend of residential charm and urban convenience. Situated near the city's core, it provides residents with easy access to the vibrant downtown scene while maintaining a quieter, community-focused atmosphere. The area is characterized by its mix of housing styles and proximity to natural landscapes.
Residents enjoy a walkable lifestyle with quick access to downtown San Luis Obispo's famed restaurants, shops, and cultural events like the Thursday night farmers' market. The neighborhood is close to outdoor recreation, including trails at nearby Bishop Peak and Johnson Ranch. This prime location supports an active, engaged community life within minutes of central amenities.
The Upper Monterey real estate market is active, with a median home value of $880,900 and properties typically spending an average of 30 days on the market. The homeownership rate is 47%, indicating a significant rental presence, with a median monthly rent of $1,781. This dynamic reflects the neighborhood's appeal to both owners and renters seeking a central SLO location.
The neighborhood is served by the San Luis Coastal Unified School District, which is known for its strong academic programs. Families in the area have access to a range of public schools, though specific school assignments depend on exact location within the neighborhood. The proximity to California Polytechnic State University also infuses the area with a collegiate energy and resources.
Upper Monterey boasts excellent connectivity, with major routes like Monterey Street and Highway 101 providing easy regional access. The neighborhood is highly walkable and bikeable for daily errands and commutes to downtown or Cal Poly. Public transit options, including SLO Regional Transit buses, offer convenient alternatives for getting around the city without a car.
Upper Monterey is ideal for those seeking a balanced lifestyle where suburban tranquility meets urban excitement. The strong local economy is reflected in a median household income of $89,962, supporting the area's amenities. Choosing this neighborhood means investing in a community that offers convenience, natural beauty, and the quintessential SLO lifestyle all within close reach.
| Metric | Value |
|---|---|
| Median Home Price | $881K |
| Median Gross Rent | $2K/mo |
| Median Household Income | $90K |
| Homeownership Rate | 46.8% |
| Renter-Occupied | 53.2% |
| Rental Vacancy Rate | 2.4% |
| Market Type | Seller's |
| Market Tier | Ultra-Luxury |
| Primary ZIP Code | 93401 |
3 agents met the full merit gate for San Luis Obispo, CA - Upper Monterey, San Luis Obispo, CA, selected from over 450,000 licensed California professionals.
Phone: (805) 667-0769
Email: [email protected]
Website: http://www.teamsweasey.com/
Zillow: https://www.zillow.com/profile/teamsweasey
Relocation, Property Management[4]
San Luis Obispo
All listed agents meet the same qualification standard (see Merit Criteria above).
Phone: (805) 709-7143
Email: [email protected]
Website: https://www.investslo.com/
Zillow: https://www.zillow.com/profile/investslo
Committee Member at San Luis Obispo County Association of Realtors[6]
Volunteer/Supporter at Local Housing or Homelessness Non-Profit[6]
Member at Local Chamber of Commerce[6]
Mentor at Invest SLO or Local Real Estate Network[6]
#2 Team in SLO County by Real Trends America's Best 2024
Over $100 Million in Client Transactions
Foreclosure, Commercial Properties, Investment Properties, New Construction, investments, property sales, off-market inventory, multifamily sector, residential sales, property acquisitions[4]
San Luis Obispo
All listed agents meet the same qualification standard (see Merit Criteria above).
Phone: (805) 459-1865
Email: [email protected]
Website: http://www.ccreslo.com/
Zillow: https://www.zillow.com/profile/Graham%20Updegrove
Director at California Association Of Realtors Inc[6]
Foreclosure, Investment Properties, New Construction[4]
San Luis Obispo
All listed agents meet the same qualification standard (see Merit Criteria above).