Cheap Houses for Rent in Morro Bay, CA

9 rentals

Apartments For Rent Near Morro Bay, CA

We found 19 more apartments matching your filters just outside 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 Jun 2025.
MonthAverage rent
Jun 2025$3,900
Jul 2025$3,900
Aug 2025$3,450
Sep 2025$3,400
Oct 2025$3,300
Nov 2025$3,500
Dec 2025$3,700
Jan 2026$3,500
Feb 2026$3,500
Mar 2026$4,000
Apr 2026$3,750
May 2026$3,800
View as a graph

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 bed2 beds3 beds4 bedsAll
All home types$2,150$3,079$3,788—$2,450
Townhomes——$1,350—$1,350
Apartments and Condos$2,045$2,800$3,000—$2,450
Houses$2,100$3,250$5,850—$3,250

Frequently Asked Questions about Houses for rent in Morro Bay, CA

  • What is the average rent of a house in Morro Bay, CA?
    The average rent of a house in Morro Bay, CA is $3,250 per month. This is about 68% higher than the national average.
  • When is the average rent cheapest in Morro Bay, CA?
    In the last year, the average rent in Morro Bay, CA was lowest in Feb 2025 when it was $3,250 per month.
  • When is the average rent most expensive in Morro Bay, CA?
    In the last year, the average rent in Morro Bay, CA was highest in Jun 2025 when it was $3,900 per month.
  • How many houses are available to rent in Morro Bay, CA?
    There are 11 available houses to rent in Morro Bay, CA.
  • What are some zip codes in Morro Bay, CA?
    Morro Bay, CA includes zip codes such as: 93442, 93443.
  • 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.