Bedroom count

Property type

Last updated on October 22, 2025

Average rent in
Morro Bay, CA

Last updated on October 22, 2025

Last updated on October 22, 2025

Bedroom count

Property type

As of October 2025, the median rent for all bedroom counts and property types in Morro Bay, CA is $2,325. This is +20%, or $380, higher than the national average.

$3.67

average price per square foot

Median rent

$2,325

decreased by3%
over the previous yearvs previous year

Total rentals

16

for rent on Zumper.com

As of October 2025, the median rent for all bedroom counts and property types in Morro Bay, CA is $2,325. This is +20%, or $380, higher than the national average.

$3.67

average price per square foot

Rent ranges

13%
70%
10%
7%
$0-$1,500$0 - $1,500
$1,501-$3,000$1,501 - $3,000
$3,001-$4,500$3,001 - $4,500
$4,501-$6,000$4,501 - $6,000

Households

61%
39%
Owner-occupied
Renter-occupied

Median rent and rent ranges are based on Zumper inventory in the last 30 days. Household data are provided by the US Census Bureau.

Rent price trends in
Morro Bay, CA

Rent price trends

Rent prices for all bedroom counts and property types in Morro Bay, CA have decreased by 6% in the last month and have decreased by 3% in the last year.

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Rent comparables in
Morro Bay, CA

The monthly rent for an apartment in Morro Bay, CA is $1,875. A 1-bedroom apartment in Morro Bay, CA costs about $1,850 on average, while a 2-bedroom apartment is $2,200. Houses for rent in Morro Bay, CA are more expensive, with an average monthly cost of $2,700.

Comparables

1 bedroom

$1,775

7%

4%

2 bedroom

$2,600

6%

14%

3 bedroom

$3,950

7%

28%

4 bedroom

$4,800

57%

106%

Studio

$2,073

1%

48%

Studio

Average rent

$2,073

Last 30 days

1%

Last year

48%

1 bedroom

Average rent

$1,775

Last 30 days

7%

Last year

4%

2 bedroom

Average rent

$2,600

Last 30 days

6%

Last year

14%

3 bedroom

Average rent

$3,950

Last 30 days

7%

Last year

28%

4 bedroom

Average rent

$4,800

Last 30 days

57%

Last year

106%

The table above reflects average rent prices in Morro Bay, CA, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Compare rent prices in Morro Bay, CA to other cities

Median rent prices in Morro Bay, CA for all bedroom counts and property types compared to Arroyo Grande, CA.

Morro Bay

Median rent price$2,325
increased by20%

higher than the national median

Median rent price$2,675
increased by38%

higher than the national median

Takeaway

The median rent for all rentals in Morro Bay, CA is 13% lower than the median rent in Arroyo Grande, CA.

More data insights and reports

View the National Rent Report

National Rent Report

View the Canadian Rent Report

Canadian Rent Report

View the Annual Rent Report

Annual Rent Report

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Average rent in
Nearby cities

Explore rent trends in other markets

Arroyo Grande

$2,675

increased by14%

Last year

Atascadero

$2,225

decreased by8%

Last year

Coalinga

$1,350

decreased by8%

Last year

Grover Beach

$2,325

increased by2%

Last year

Lompoc

$2,000

increased by5%

Last year

Nipomo

$2,234

decreased by19%

Last year

Orcutt

$2,375

decreased by16%

Last year

Paso Robles

$2,625

increased by7%

Last year

Pismo Beach

$3,450

decreased by7%

Last year

San Luis Obispo

$2,475

Flat

Last year

Santa Maria

$2,300

increased by3%

Last year

Solvang

$2,950

decreased by14%

Last year

Apartments for rent in Arroyo Grande

Discover rentals in Morro Bay, CA

10h ago

8.3

Very good

1125 Monterey LLC

1125 Monterey Ave, Morro Bay, CA 93442

1–3 beds

1 bath

$1,300–$1,700

Apartment for rent

431 Kodiak St - Photo 1 of 1

2d ago

House for rent in Morro Bay

2 beds

1 bath

$2,600

House for rent

470 Java St - Photo 1 of 1

5d+ ago

House for rent in Morro Bay

House for rent

2170 Seaview Ave #A - Photo 1 of 1

5d+ ago

House for rent in Morro Bay

2 beds

1 bath

$2,650

House for rent

Available Sep 15

641 Piney Way #B - Photo 1 of 1

2d ago

Condo for rent in Morro Bay

2 beds

2 baths

$2,800

Condo for rent

2744 Atascadero Rd - Photo 1 of 1

5d+ ago

House for rent in Morro Bay

House for rent

978 Balboa St - Photo 1 of 1

5d+ ago

House for rent in Morro Bay

Single Family Residence - Morro Bay, CA

978 Balboa St, Morro Bay, CA 93442

3 beds

2 baths

$3,500

House for rent