What's the average rent in Morro Bay, CA?
Rental Market Trends in Morro Bay, CA
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SOURCE: TRULIA DATA
Rental market highlights
As of November 2026, the average rent in Morro Bay, CA is $2,750 per month, which is 42% higher than the national average rent of $1,932 per month.
AVERAGE RENT
$2,750
-19.1%-$650 decrease month-over-month
-1.8%-$50 decrease year-over-year
AVAILABLE RENTALS
27
APARTMENTS
HOUSES
TOWNHOUSES
As of November 2026, townhomes are the most affordable rental option in Morro Bay, CA at $1,350 per month, while houses are the most expensive at $4,000 per month. Apartments average $3,223 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,900 |
| 2 Bedrooms | $2,850 |
| 3 Bedrooms | $3,800 |
| 4 Bedrooms | — |
| All | $2,750 |
As of November 2026, the average rent for a 1 bedroom rental in Morro Bay, CA is $1,900 per month, followed by $2,850 for a 2 bedroom rental, and $3,800 for a 3 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,740 |
| 2 Bedrooms | — |
| 3 Bedrooms | $1,350 |
| 4 Bedrooms | — |
| All | $1,350 |
As of November 2026, the average rent for a 1 bedroom townhome in Morro Bay, CA is $1,740 per month, followed by $1,350 for a 3 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $2,450 |
| 2 Bedrooms | $2,750 |
| 3 Bedrooms | $3,400 |
| 4 Bedrooms | — |
| All | $2,450 |
As of November 2026, the average rent for a 1 bedroom apartment in Morro Bay, CA is $2,450 per month, followed by $2,750 for a 2 bedroom apartment, and $3,400 for a 3 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $2,800 |
| 3 Bedrooms | $6,250 |
| 4 Bedrooms | — |
| All | $4,000 |
As of November 2026, the average rent for a 2 bedroom house in Morro Bay, CA is $2,800 per month, followed by $6,250 for a 3 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -7% compared to the previous year, which is a $200 decrease.
This year (2026)
Last year (2025)
Rent distribution
39% of rentals have rent of $2,200-$2,999/month
Rental price range
The price range for rentals is $1,335 to $8,500.
