Morro Bay, CA rental market

What is the average rent in Morro Bay, CA?

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Last updated October 30, 2025

Rental market summary

The average rent for all bedrooms and all property types in Morro Bay, CA is $2,800.

Average rent

$2,800

Month-over-month change

+$50

Year-over-year change

-$600

Available rentals

35

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,350 to $7,000.

Rent frequencies
Rent priceNumber of rental properties
$1,3002
$1,4001
$1,5001
$1,6001
$1,7001
$1,8002
$1,9002
$2,0001
$2,5003
$2,6007
$2,7004
$2,8004
$3,0001
$3,3001
$3,4003
$3,5003
$3,6001
$3,9001
$4,0001
$4,4001
$4,5001
$4,6003
$4,7002
$4,8001
$5,000+3

Average rent price over time

In the last year, rent has decreased by $600 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$3,200$3,400
Feb$3,040$2,750
Mar$3,000$3,000
Apr$2,400$3,000
May$2,900$3,000
Jun$3,400$2,950
Jul$2,800$2,800
Aug$2,800$2,900
Sep$3,400$2,800
Oct$3,500$2,750
Nov$3,400No data
Dec$3,400No data

Market temperature

The Morro Bay, CA rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Morro Bay, CA is 40% higher than the national average.

Morro Bay, CAvs.

$2,800

$2,000

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Frequently asked questions

1. What is the average rent in Morro Bay, CA?

The average rent in Morro Bay, CA is $2,800.

2. What is the average rent for a studio apartment in Morro Bay, CA?

The average rent for a studio apartment in Morro Bay, CA is $1,675 per month.

3. What is the average rent for a one-bedroom apartment in Morro Bay, CA?

The average rent for a one-bedroom apartment in Morro Bay, CA is $2,000 per month.

4. What is the average rent for a two-bedroom apartment in Morro Bay, CA?

The average rent for a two-bedroom apartment in Morro Bay, CA is $2,661 per month.

5. What is the average rent for a three-bedroom apartment in Morro Bay, CA?

The average rent for a three-bedroom apartment in Morro Bay, CA is $4,000 per month.

6. How much does it cost to rent a house in Morro Bay, CA?

Houses in Morro Bay, CA rent between $1,350 - $7,000 with an average rent of $2,800.

7. How has the rent in Morro Bay, CA changed in the last year?

In the last year, the rent in Morro Bay, CA decreased by $600

8. How much has the rent in Morro Bay, CA increased/decreased in the last month?

In the last month, the rent in Morro Bay, CA increased by $50

9. How many available rentals are there in Morro Bay, CA?

There are currently 35 rentals available in Morro Bay, CA.

10. How do rent prices in Morro Bay, CA compare with the national average?

The average rent in Morro Bay, CA is $2,800 — 40% higher the national average of $2,000.