Bedroom count
Property type
Last updated on July 24, 2026
Last updated on July 24, 2026
Bedroom count
Property type
Median rent in Morro Bay
$2,312/mo
vs previous year
The average rent in Morro Bay is $2,312 per month as of July 2026. This is 19% above the national average rent, or $367 more per month.
average price per square foot
Available rentals in Morro Bay
12
for rent on Zumper.com as of July 2026
Share of Morro Bay rentals at each price point
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.
Average rent prices in Morro Bay have increased by 22% over the last month and have decreased by 12% since last year.
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Rent prices in Morro Bay vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Morro Bay is $2,312, whereas a house costs $3,000. 1-bedroom apartments in Morro Bay run $2,200 on average, while 2-bedroom apartments are $2,350.
Listings | ||||
|---|---|---|---|---|
Studio | $1,925 | 7% | 65% | |
1 bedroom | $2,020 | 3% | 4% | |
2 bedroom | $2,650 | 37% | 1% | |
3 bedroom | $3,650 | 11% | 22% | |
4 bedroom | $4,900 | No Change | 52% |
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Morro Bay, CA.
Listings | ||||
|---|---|---|---|---|
Apartments | $2,312 | 1% | No Change | |
Condos | $2,750 | 6% | No Change | |
Houses | $3,000 | 11% | No Change |
Studio
Average rent
$1,925
Last 30 days
7%
Last year
65%
1 bedroom
Average rent
$2,020
Last 30 days
3%
Last year
4%
2 bedroom
Average rent
$2,650
Last 30 days
37%
Last year
1%
3 bedroom
Average rent
$3,650
Last 30 days
11%
Last year
22%
4 bedroom
Average rent
$4,900
Last year
52%
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Morro Bay, CA.
Apartments
Average rent
$2,312
Last 30 days
1%
Condos
Average rent
$2,750
Last 30 days
6%
Houses
Average rent
$3,000
Last 30 days
11%
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 median rent prices in Morro Bay and Arroyo Grande by all bedroom counts and property types.
Morro Bay
higher than the national median
higher than the national median
Takeaway
The median rent for all rentals in Morro Bay, CA is 17% lower than the median rent in Arroyo Grande, CA.
Explore rent trends in neighboring markets
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Quick answers to common questions about the Morro Bay rental market.
The average rent in Morro Bay is $2,312 per month as of July 18, 2026.
Average rent prices in Morro Bay have increased by 22% over the last month and have decreased by 12% since last year.
Rent in Morro Bay is 19% above the national average, which means renters are paying approximately $367 more per month.
To comfortably afford rent in Morro Bay, you'd need to earn approximately $93,000/year, based on spending no more than 30% of your income on rent.
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).