Rent Trends for Apartments in Morro Bay

February 2026

Bedroom count	Morro Bay	vs Last Month
Studio	$1,500	No change
1 Bedroom	$1,800	down 4.00%
2 Bedroom	$2,475	down 1.00%
3 Bedroom	$3,750	up 4.17%

Median rent as of February 22, 2026

This February, we've analyzed our 13 listings in Morro Bay to determine the rent trend. We're updating our tables in real time to give you the most up to date Morro Bay median apartment rent prices by bedroom count.

The median rent for a studio apartment decreased by 1.64% to $1,500, while the median rent for a 1 bedroom apartment remained the same at $1,800.

Cities Near Morro Bay

San Luis Obispo Apartments Atascadero Apartments Pismo Beach Apartments Paso Robles Apartments Grover Beach Apartments Arroyo Grande Apartments Guadalupe Apartments Nipomo Apartments Santa Maria Apartments Orcutt Apartments

Apartment Types in Morro Bay

Pet Friendly Apartments in Morro Bay Cheap Apartments in Morro Bay Luxury Apartments in Morro Bay Short Term Rentals in Morro Bay

Find Your Dream Apartment for Rent in Morro Bay

PadMapper has 13 condos, houses, and apartments for rent in Morro Bay. Specifically, studio apartments, 4 one-bedroom apartments, 5 two-bedroom apartments, 4 three-bedroom apartments are currently available for rent.

We have options to filter by price, bedroom count, bathroom count, long-term or short-term, housing type, pet friendly, no broker fee, and you can search for an apartment by custom keywords.

Search › California › Morro Bay