Morro Bay, CA rental market

What is the average rent in Morro Bay, CA?

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Last updated August 3, 2026

Rental market summary

The average rent for all bedrooms and all property types in Morro Bay, CA is $3,000.

Average rent

$3,000

Month-over-month change

+$200

Year-over-year change

+$200

Available rentals

42

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,200 to $8,500.

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Rent frequencies
Rent priceNumber of rental properties
$1,1001
$1,2001
$1,3002
$1,4002
$1,5001
$1,7002
$1,8001
$1,9001
$2,0001
$2,1002
$2,2002
$2,3005
$2,4004
$2,5001
$2,6002
$2,7001
$2,8003
$2,9002
$3,0003
$3,1003
$3,2003
$3,3002
$3,4004
$3,5002
$3,6001
$3,7002
$3,8004
$3,9003
$4,0001
$4,3001
$4,4002
$4,5002
$5,000+3

Average rent price over time

In the last year, rent has increased by $200 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$3,400$2,500
Feb$2,750$2,500
Mar$3,000$3,050
Apr$3,000$2,550
May$3,000$2,950
Jun$2,950$2,800
Jul$2,800$3,000
Aug$2,900$3,000
Sep$2,800No data
Oct$2,750No data
Nov$2,800No data
Dec$2,650No 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 49% higher than the national average.

Morro Bay, CAvs.

$3,000

$2,011

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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 $3,000.

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 $1,500 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 $2,300 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 $3,100 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 $3,800 per month.

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

The average rent for a four-bedroom apartment in Morro Bay, CA is $3,900 per month.

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

Houses in Morro Bay, CA rent between $1,200 - $8,500 with an average rent of $3,000.

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

In the last year, the rent in Morro Bay, CA increased by $200

9. 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 $200

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

There are currently 42 rentals available in Morro Bay, CA.

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

The average rent in Morro Bay, CA is $3,000 — 49.18% higher the national average of $2,011.

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