14

Newest Homes for Rent in Morro Bay, CA

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  • /28

    $2,140 Per Month

    • 3 Beds
    • 3 Baths
    • House for Rent

    2405 Juniper Ave, Morro Bay, CA 93442

    Contemporary Morro Bay Home with Ocean & Rock Views! This 3 bedroom, 2 1/2 bathroom beach property is practically a new construction home with a remodel down to the studs. The open floor plan living space boasts gorgeous hardwood floors, smooth finish walls, natural light and new windows and stacking glass pocket slider to enjoy the ocean views and breeze. The large island offers bar seating,

    2405 Juniper Ave, 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
  • /14

    $2,275 Per Month

    • 2 Beds
    • 1 Bath
    • LSMCW421

    421-423 La Jolla St Unit 421, Morro Bay, CA 93442

    421-423 La Jolla St Unit 421, Morro Bay, CA 93442
  • /14

    $2,800 Per Month

    • 2 Beds
    • 1 Bath
    • 1,038 Sq Ft
    • 2 bedroom condo near downtown Morro Bay

    395 Surf St Unit B, Morro Bay, CA 93442

    Nicely maintained and upgraded 2 bedroom, 1 bath condo in small complex near downtown Morro Bay. The unit features laminate flooring throughout, window coverings, and a vaulted ceiling in the living room area. The kitchen is equipped with a refrigerator, dishwasher, and gas range, and a washer and dryer are conveniently located in the hallway. The unit also includes a detached 2 car garage.

    395 Surf St Unit B, Morro Bay, CA 93442
  • /15

    $3,200 Per Month

    • 2 Beds
    • 2 Baths
    • AVAILABLE NOW - 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
  • /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
  • /68

    $2,950 Per Month

    • 2 Beds
    • 1 Bath
    • Views of Morro Bay in this cozy hillside cottage!

    2636 Ironwood Ave, Morro Bay, CA 93442

    This renovated 2-bedroom 1 bathroom home offers spectacular views of Morro Bay including the Rock. Brand new paint throughout interior and exterior. Upgraded bathroom and kitchen. It's a must see! Tenant pays all utilities. Please contact for more information. Thank you.

    2636 Ironwood Ave, Morro Bay, CA 93442
  • /12

    $2,250 Per Month

    • 1 Bed
    • 1 Bath
    • 550 Sq Ft
    • Morro Bay I Bedroom - Blocks to the Beach

    2916 Alder Ave, Morro Bay, CA 93442

    One bedroom, utilities included and WiFI. Welcome to your cozy 1 bedroom, 1 bathroom. This charming house features built-in storage, solid surface countertops, and LVP flooring throughout for a modern touch. The property boasts a storage shed for all your belongings, shared washer/dryer for convenience. Just blocks away from the beach, you can enjoy the coastal breeze and stunning views. Located

    2916 Alder Ave, 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
  • /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
  • /12

    $2,100 Per Month

    • 1 Bed
    • 1 Bath
    • House for Rent

    2700 Hemlock Ave, Morro Bay, CA 93442

    Discover comfort and convenience in this single-story 1 bedroom, 1 bathroom apartment set in a quiet duplex. The unit features tiled flooring throughout and comes equipped with a refrigerator, gas stove, microwave, and an in-unit washer and dryer for added ease. Enjoy a shared backyard and a peek-a-boo view of the ocean, along with access to half of a two-car garage for parking or storage. The

    2700 Hemlock Ave, 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
  • /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
  • /50

    $6,500

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • 1,800 Sq Ft
    • House for Rent

    300 Kings Ave, Morro Bay, CA 93442

    Open-concept living with walls of windows throughout to capture ocean, bay and golf course views. 1950's Midcentury home, mixed with original and new amenities. On golf course, close to beach, shopping, Embarcadero, and state park. 3BD/2BA. Large patio and decks with BBQ. Open floor plan to maximize the amazing views throughout the home. Large 1950's single pane windows throughout the

    300 Kings Ave, Morro Bay, CA 93442

Frequently Asked Questions

How much does it cost to rent a home in Morro Bay, CA?
The median rent for a home in Morro Bay, CA is $2,700 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 $108,000 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 $2,700 per month in Morro Bay, CA, renters typically need to show $8,100 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 29.3, 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 home?
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 home include Cayucos, San Luis Ranch, Highland, Bishops Knoll and Foothill, each with its own character and price range.

Rental Home Trends in Morro Bay, CA

Rental Home Trends

Number of Homes for Rent
14
Median Rent
$2,700
Median Single Family Home Rent
$2,725
Median Townhouse Rent
$2,100
Median Condo Rent
$2,448
How to Rent a Home