
Cheap 3 Bedroom Apartments for Rent near Morro Bay, CA from $2,295 (11 Rentals)


1245 4th St

Sierra Sands

Irish Hills Hamlet Apartments

1635 18th St
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Total Monthly Price
ReNew Atascadero

Hancock Terrace

2005 10th St, Unit A

Las Lomas Village

570 Peach St
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1824 Nipomo St
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 | $1,999 | $1,030 | $2,825 |
| Morro Bay 1 Bedroom Apartments | $2,116 | $1,325 | $3,265 |
| Morro Bay 2 Bedroom Apartments | $2,540 | $1,150 | $7,140 |
| Morro Bay 3 Bedroom Apartments | $3,449 | $2,295 | $8,500 |
| Morro Bay 4 Bedroom Apartments | $1,652 | $1,490 | $1,718 |
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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.
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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 $2,295.
What is the price of a cheap apartment in Morro Bay?
The cheapest apartment in Morro Bay is La Plaza Villas which is listed at $2,295, while the average apartment in Morro Bay costs $2,100.
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 2 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 $360 which is $1,740 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

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.