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Morro Bay, CA Houses for Rent

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  • 300 Kings Ave, Morro Bay, CA 93442
    300 Kings Ave, Morro Bay, CA 93442
    300 Kings Ave, 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
  • 2916 Alder Ave, Morro Bay, CA 93442
    2916 Alder Ave, Morro Bay, CA 93442
    2916 Alder 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
  • 2636 Ironwood Ave, Morro Bay, CA 93442
    2636 Ironwood Ave, Morro Bay, CA 93442
    2636 Ironwood Ave, Morro Bay, CA 93442
    /68

    $2,750 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
California San Luis Obispo County Morro Bay

Houses for Rent in Morro Bay, CA

Frequently Asked Questions

How much does it cost to rent a single-family home in Morro Bay, CA?
The median rent for a single-family home in Morro Bay, CA is $2,725 per month, though prices vary by neighborhood, size, and property type. As of June 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 $111,000 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 $2,775 per month in Morro Bay, CA, renters typically need to show $8,325 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 28.4, 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 single-family 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 single-family home include Cayucos, Highland, Downtown San Luis Obispo and Meadow Park, each with its own character and price range.

Rental Home Trends in Morro Bay, CA

There are currently 3 single-family homes available for rent in Morro Bay, CA. The median rent is $2,725 per month, with 3-bedroom houses renting at $5,050 and 4-bedroom houses at $4,500.

Rental Home Trends

Number of Houses for Rent
3
Median Single Family Home Rent
$2,725
Median 3 Bedroom Single Family Home Rent
$5,050
Median 4 Bedroom Single Family Home Rent
$4,500
How to Rent a Home

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