Townhomes For Rent in Morro Bay, CA
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Apartments For Rent Near Morro Bay, CA
We found 30 more apartments matching your filters just outside Morro Bay
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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 decreased in May 2026 compared to the previous month. Rent previously peaked in May 2025.
| Month | Average rent |
|---|---|
| Apr 2025 | $1,975 |
| May 2025 | $3,800 |
| Jun 2025 | $3,500 |
| Sep 2025 | $1,350 |
| Oct 2025 | $1,350 |
| Nov 2025 | $1,350 |
| Dec 2025 | $1,350 |
| Jan 2026 | $1,350 |
| Feb 2026 | $1,595 |
| Mar 2026 | $1,350 |
| Apr 2026 | $1,475 |
| May 2026 | $1,350 |
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 Townhomes for rent in Morro Bay, CA
- What is the average rent of a townhome in Morro Bay, CA?The average rent of a townhome in Morro Bay, CA is $1,350. Rent prices range from $1,350 to as much as $3,100, depending on the type of townhome.
- How does the rent of a townhome in Morro Bay, CA compare to the national average?Average rent of a townhome in Morro Bay, CA is about 30% lower than the national average rent of $1,930 for a townhome. That means it is less expensive to rent a townhome in Morro Bay compared to the U.S. average.
- What is the average rent of a townhome in Morro Bay, CA, by number of bedrooms?The average rent of a townhome in Morro Bay, CA is $ for a studio, $ for a 1 bedroom, $3,100 for a 2 bedroom, $1,350 for a 3 bedroom, and $ for a 4 bedroom.
- How have rent prices of a townhome in Morro Bay, CA changed compared to last year?In the past year, the average rent price of a townhome in Morro Bay, CA has decreased by $2,450. That means the average rent of a townhome is 181% lower than last year.
- How many townhomes are available to rent in Morro Bay, CA?There are 2 available townhomes to rent 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.