Apartments For Rent in Morro Bay, CA
35 rentals
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- NEW - 1 DAY AGOAPPLY INSTANTLYPET FRIENDLY
- APPLY INSTANTLYROOM FOR RENT
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Apartments For Rent Near Morro Bay, CA
We found 30 more apartments matching your filters just outside Morro Bay
- APPLY INSTANTLYFURNISHED
- PET FRIENDLYFURNISHED
- APPLY INSTANTLYFURNISHEDROOM FOR RENT
- APPLY INSTANTLY
- APPLY INSTANTLY
- APPLY INSTANTLY
- APPLY INSTANTLYPET FRIENDLYFURNISHED
What Locals Say about Morro Bay
Average Rent Trends in Morro Bay, CA
Rent in Morro Bay, CA varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Jan 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $2,950 |
| Jul 2025 | $2,800 |
| Aug 2025 | $2,900 |
| Sep 2025 | $2,800 |
| Oct 2025 | $2,750 |
| Nov 2025 | $2,800 |
| Dec 2025 | $2,650 |
| Jan 2026 | $2,500 |
| Feb 2026 | $2,500 |
| Mar 2026 | $3,071 |
| Apr 2026 | $2,550 |
| May 2026 | $2,950 |
Average Rent By Bedroom and Home Type
In May 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $2,100 | $3,200 | $3,800 | — | $3,000 |
| Townhomes | — | $3,100 | $1,350 | — | $1,350 |
| Apartments and Condos | $2,150 | $2,800 | — | — | $2,500 |
| Houses | $2,100 | $3,400 | $5,500 | — | $3,750 |
Frequently Asked Questions about Rentals in Morro Bay, CA
- What is the average rent in Morro Bay, CA?The average rent in Morro Bay, CA is $3,000. Rent prices range from $1,350 to as much as $6,900, depending on the type of rental.
- How does the rent in Morro Bay, CA compare to the national average?Average rent in Morro Bay, CA is about 57% higher than the national average rent of $1,910. That means it is more expensive to rent in Morro Bay compared to the U.S. average.
- What is the average rent in Morro Bay, CA, by number of bedrooms?The average rent in Morro Bay, CA is $1,650 for a studio, $2,100 for a 1 bedroom, $3,200 for a 2 bedroom, $3,800 for a 3 bedroom, and $ for a 4 bedroom.
- How have rent prices in Morro Bay, CA changed compared to last year?In the past year, the average rent price in Morro Bay, CA has decreased by $300. That means the average rent is 10% lower than last year.
- How many available rental listings are in Morro Bay, CA?There are 33 available rental listings in Morro Bay, CA.
- What are some zip codes in Morro Bay, CA?
- What are some cities near Morro Bay, CA?Some nearby cities include: Atascadero, Los Osos, Cayucos, San Luis Obispo, Templeton. These cities may have more rental options to explore.