Apartments for Rent in Morro Bay, CA

Prices and availability in Morro Bay, CA were last updated on 5 Sep 2026.

The best apartments in Morro Bay, CA are: Rockview at Sunset, 1188 Market #B, 1191 Morro, 1040 Main St and 2602 Main St, Unit 2602.

The price range for a 2-bedroom apartment in Morro Bay, CA is between $1,159 and $2,800.

In Morro Bay, 35% of the residents are renting compared to 65% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 1% of Morro Bay's rentals, 45% are small-scale complexes with under 50 units, and 53% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Morro Bay are about 0 years old, on average. Of these, none have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 0 stories. About none of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Rental apartments in Morro Bay come in a range of sizes and floorplans. Studio apartments represent 0% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 0% of the total apartments in the city, while 2-bedroom floorplans represent around 0% of all rentals in Morro Bay. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.