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Apartments for Rent in Morro Bay, CA under $1200

Apartments for Rent in Morro Bay, CA under $1200. 3 Rentals Available
3 Rentals Available
Quick filters
  • 1 bd $991
    2 bd $1,013
    Base rent Income restricted
    Verified Listing

    5.0 (3)
    405 Atascadero Rd., Morro Bay, CA 93442
    Pet friendly • In unit laundry • Dishwasher
  • 1 bd $875
    Base rent
    Verified Listing

    1040 Main St, Morro Bay, CA 93442

  • More Rentals Near Morro Bay, CA

  • Only 1 unit left
    1 bd $716+
    2 bd $859+
    3 bd $993+
    Base rent Income restricted
    Verified Listing

    3065 Lucca Lane, San Luis Obispo, CA 93401
    Apply online • Pet friendly • In unit laundry
2-1-city

Frequently asked questions

When were prices and availability in Morro Bay, CA last updated?

Prices and availability in Morro Bay, CA were last updated on 2 Jul 2026.

What are the best apartments in Morro Bay, CA?

The best apartments in Morro Bay, CA are: 1125 Monterey LLC, 1188 Market #B, 1191 Morro, Rockview at Sunset and 1040 Main St.

What type of rental buildings are in Morro Bay, CA?

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.

Renting apartments in Morro Bay, CA under $1,200

Searching for apartments for rent in Morro Bay, CA under $1,200 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RentCafe can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away.

We’ll help you find the cheapest rental near you

Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $1,200” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in Morro Bay, CA. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition. With the cheapest apartments in Morro Bay, CA going for $716 per month, there are great deals waiting to be discovered. Feeling lucky? Expand your search to 2 bedroom apartments and 3 bedroom apartments as well for more space.