Morro Bay, CA Condos for Rent

/15
$2,600

Total Monthly Price
- 2 Beds
- 2 Baths
- 1,080 Sq Ft
- Condo for Rent
3052 Main St Unit Main Street Morro Bay, Morro Bay, CA 93442

Morro Bay Condo walking distance to beach and schools. Living room, kitchen, and bathroom upstairs. Bedrooms are downstairs with washer dryer hook ups.

3052 Main St Unit Main Street Morro Bay, Morro Bay, CA 93442
Explore Morro Bay
/28
$2,450

Total Monthly Price
- 1 Bed
- 1 Bath
- 744 Sq Ft
- Condo for Rent
2605 Nutmeg Ave Unit A, Morro Bay, CA 93442

Modern, fully furnished, one bedroom; all inclusive apartment in a quiet neighborhood. Great walkable neighborhood. Easy walk to grocery store, farmers market, beach. Great sunset, ocean and Morro rock views. Most attractions and sights are within one hour (or less) driving, such as Hearts Castle, Madonna Inn, SLO County Wine Country, hiking trails. Fully appointed kitchen with stainless steel

2605 Nutmeg Ave Unit A, Morro Bay, CA 93442
/5
$2,395 Per Month
- 1 Bed
- 1 Bath
- MAIN ST
1187-1191 Main St Unit 1189, Morro Bay, CA 93442

1187-1191 Main St Unit 1189, Morro Bay, CA 93442
/23
$2,995 Per Month
- 2 Beds
- 2.5 Baths
- P32000
320 Pico St Unit B, Morro Bay, CA 93442

320 Pico St Unit B, Morro Bay, CA 93442
/41
$6,900 Per Month
- 3 Beds
- 3 Baths
- 2,150 Sq Ft
- AVAILABLE NOW - Executive Luxury Ocean-View Home in Prime Morro Bay Location - 3 Bed / 3 Bath
2670 Laurel Ave, Morro Bay, CA 93442

CO-SIGNERS / GUARANTORS ARE NOT BEING ACCEPTED FOR THIS PROPERTY.The showing link to this property is: View Showing AvailabilityCA DRE Broker's Lic # 0187602

2670 Laurel Ave, Morro Bay, CA 93442
/15
$3,200 Per Month
- 2 Beds
- 2 Baths
- LEASE PENDING - 2 Bed, 2 Bath Downstairs Morro Bay Apartment
599 San Jacinto St Unit B, Morro Bay, CA 93442

The showing link for this property is: View Showing AvailabilityEnjoy coastal living in this newly built 2 bedroom 2 bathroom home located in beautiful Morro Bay. This property offers a comfortable and functional layout with plenty of desirable features. The home includes a single-car garage along with additional street parking for your convenience. Step outside to a private back

599 San Jacinto St Unit B, Morro Bay, CA 93442
/14
$1,800 Per Month
- 1 Bed
- 1 Bath
- Condo for Rent
1105 Morro Ave Unit 14, Morro Bay, CA 93442

1105 Morro Ave Unit 14, Morro Bay, CA 93442
/17
$2,500 Per Month
- 1 Bed
- 1 Bath
- 750 Sq Ft
- AVAILABLE NOW - 1 Bed, 1 Bath Morro Bay Apartment with Ocean View
599 San Jacinto St Unit A, Morro Bay, CA 93442

The showing link for this property is: View Showing AvailabilityViews of the mountains, ocean and Morro Rock. This newly built upstairs unit features one bedroom and one bath, providing a cozy yet spacious sanctuary. As you step inside, you'll be greeted by large stairwell, with coat rack/bench seating and a large closet for convenience to coming and going. Next you step into the

599 San Jacinto St Unit A, Morro Bay, CA 93442

California San Luis Obispo County Morro Bay

Frequently Asked Questions

How much does it cost to rent a condo in Morro Bay, CA?

The median rent for a condo in Morro Bay, CA is $2,450 per month, though prices vary by neighborhood, size, and property type. As of May 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.

How much do you need to make to afford rent in Morro Bay, CA?

To comfortably afford the median rent in Morro Bay, CA, a household needs to earn roughly $102,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,550 per month in Morro Bay, CA, renters typically need to show $7,650 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.

Is it more affordable to rent or buy in Morro Bay, CA?

In Morro Bay, CA, the price-to-rent ratio is 31.0, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

What neighborhoods in Morro Bay, CA are best for renting a condo?

The best neighborhood for renting in Morro Bay, CA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Highland, Santa Rosa, Alta Vista and Downtown San Luis Obispo, each with its own character and price range.

Rental Home Trends in Morro Bay, CA

There are currently 8 condos available for rent in Morro Bay, CA. The median rent is $2,450 per month, with 1-bedroom condos renting at $2,423, 2-bedroom condos at $2,995 and 3-bedroom condos at $3,355.

Rental Home Trends

Number of Condos for Rent

Median Condo Rent

$2,450

Median 1 Bedroom Condo Rent

$2,423

Median 2 Bedroom Condo Rent

$2,995

Median 3 Bedroom Condo Rent

$3,355

How to Rent a Home

Rentals in Morro Bay

Morro Bay Apartments for Rent

More About Living in Morro Bay

Condos for Rent in Nearby Neighborhoods

Condos for Rent in Nearby Cities

Condos for Rent in Nearby Counties

San Luis Obispo County Condos for Rent

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