Apartments for Rent in Morro Bay, CA

Prices and availability in Morro Bay, CA were last updated on 22 May 2026.

The best apartments in Morro Bay, CA are: 311 Tahiti St. and 1260 Main St..

The price range for a studio apartment in Morro Bay, CA is between $1,100 and $1,300.

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 average age of rental buildings in Morro Bay is 0 years old, with none being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 0 stories, of which none are garden-style apartment communities, none are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Studio apartments in Morro Bay are around 0% of rentals, while 1-bedroom floor plans represent 0% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 0% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.