Bedroom count

Property type

Last updated on March 9, 2026

Average rent in
Morro Bay, CA

Last updated on March 9, 2026

Last updated on March 9, 2026

Bedroom count

Property type

As of March 2026, the median rent for all bedroom counts and property types in Morro Bay, CA is $2,100. This is +11%, or $200, higher than the national average.

$4.29

average price per square foot

Median rent

$2,100

decreased by12%
over the previous yearvs previous year

Total rentals

14

for rent on Zumper.com

As of March 2026, the median rent for all bedroom counts and property types in Morro Bay, CA is $2,100. This is +11%, or $200, higher than the national average.

$4.29

average price per square foot

Rent ranges

4%
75%
17%
4%
$0-$1,500$0 - $1,500
$1,501-$3,000$1,501 - $3,000
$3,001-$4,500$3,001 - $4,500
$6,001-$50,000$6,001 - $50,000

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.

This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Morro Bay, CA, in the last 30 days, rent estimates may not represent the actual market.

Rent price trends in
Morro Bay, CA

Rent price trends

Rent prices for all bedroom counts and property types in Morro Bay, CA have increased by 5% in the last month and have decreased by 13% 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 $1,750. A 1-bedroom apartment in Morro Bay, CA costs about $1,750 on average, while a 2-bedroom apartment is $2,021. Houses for rent in Morro Bay, CA are more expensive, with an average monthly cost of $4,100.

Comparables

1 bedroom

$2,100

9%

1%

2 bedroom

$2,437

3%

13%

3 bedroom

$4,800

9%

49%

4 bedroom

$6,500

No Change

71%

Studio

$1,900

7%

27%

Studio

Average rent

$1,900

Last 30 days

7%

Last year

27%

1 bedroom

Average rent

$2,100

Last 30 days

9%

Last year

1%

2 bedroom

Average rent

$2,437

Last 30 days

3%

Last year

13%

3 bedroom

Average rent

$4,800

Last 30 days

9%

Last year

49%

4 bedroom

Average rent

$6,500

Last year

71%

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$2,100
increased by11%

higher than the national median

Median rent price$2,600
increased by37%

higher than the national median

Takeaway

The median rent for all rentals in Morro Bay, CA is 19% 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
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Apartments for rent in Arroyo Grande

Discover rentals in Morro Bay, CA

5d+ 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

LSLEA3260 - Photo 1 of 1

2d ago

8.6

Very good

LSLEA3260

3260 Main St, Morro Bay, CA 93442

2 beds

1 bath

$1,875–$1,900

Apartment for rent

495 Napa Ave - Photo 1 of 1

2d ago

8.3

Very good

495 Napa Ave

495 Napa Ave, Morro Bay, CA 93442

2 beds

1 bath

$2,021

Apartment for rent

LSHOW485 - Photo 1 of 1

22h ago

Apartment for rent in Morro Bay

LSHOW485

485 Shasta Ave, Morro Bay, CA 93442

2 beds

1 bath

$2,200

Apartment for rent

1148 Market Ave - Photo 1 of 1

5d+ ago

House for rent in Morro Bay

House for rent

455 Panay St - Photo 1 of 1

5d+ ago

House for rent in Morro Bay

House for rent