
Cheap 2 Bedroom Apartments for Rent in Morro Bay, CA from $1,040 (21 Rentals)


Dry Creek Apartments

Bordeaux House Apartments

Total Monthly Price
La Vista

Villa del Sol Senior Apts 55+

1887 Pine Ave

The Oaks at Jornada
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Alturas Paso Robles Apartment Homes

Hancock Terrace

Ramona Gardens

Siena Apartments

Irish Hills Hamlet Apartments

Cassia Apartments

Sierra Sands
Renting with Roommates: Realistic Expectations for Shared Lease
Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

Alder Creek Apartments

La Plaza Villas

Arrive Paso Robles

Las Lomas Village

805 Boysen Ave

9165 San Gabriel Rd

9805 El Camino Real
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Morro Bay, CA Local Guide

How much does it cost to rent an apartment in Morro Bay?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Morro Bay Studio Apartments | $1,862 | $1,030 | $2,795 |
| Morro Bay 1 Bedroom Apartments | $2,132 | $1,250 | $3,205 |
| Morro Bay 2 Bedroom Apartments | $2,527 | $1,040 | $3,950 |
| Morro Bay 3 Bedroom Apartments | $3,294 | $2,295 | $6,900 |
| Morro Bay 4 Bedroom Apartments | $1,621 | $1,380 | $1,703 |
Explore Morro Bay
Morro Bay, CA Local Guide
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Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Morro Bay, CA Rentals by Map
See the most popular apartments and homes in Morro Bay, CA
Frequently Asked Questions about Cheap Morro Bay Apartments
What is a cheap apartment in Morro Bay?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Morro Bay is under $2,362.
What is the price of a cheap apartment in Morro Bay?
The cheapest apartment in Morro Bay is Dry Creek Apartments which is listed at $2,000, while the average apartment in Morro Bay costs $6,900.
What types of apartments are the cheapest in Morro Bay?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3 regular apartments in Morro Bay that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Morro Bay?
Cheap apartments in Morro Bay have an average cost of $323 which is $6,577 cheaper than the average rent for all rentals in Morro Bay.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.