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Cheap Apartments for Rent in Morro Bay, CA from $900 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in Morro Bay.
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$1,030 - $2,097Studio to 2 Bedroom Apartments Contact Us For Availability
California Grand Manor Senior Apartments
10167 El Camino RealAtascadero, CA 93422
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.
1San Luis Obispo
San Luis ObispoCA93405
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$1,350 - $2,550Studio to 2 Bedroom Apartments Available Now
Villa del Sol Senior Apts 55+
1311 W Battles RdSanta Maria, CA 93458
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$1,483 - $10,301Studio to 3 Bedroom Apartments Available Now
La Vista
740 S Western AveSanta Maria, CA 93458
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
815 Mirada Dr
San Luis ObispoCA93405
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Morro Bay, CA Local Guide
Beautiful field by Antti T. Nissinen is licensed under CC BY 2.0
How much does it cost to rent an apartment in Morro Bay?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Morro Bay Studio Apartments | $1,776 | $1,030 | $2,715 |
| Cheap Morro Bay 1 Bedroom Apartments | $2,080 | $981 | $3,330 |
| Cheap Morro Bay 2 Bedroom Apartments | $2,578 | $1,237 | $3,935 |
| Cheap Morro Bay 3 Bedroom Apartments | $2,892 | $2,250 | $3,550 |
| Cheap Morro Bay 4 Bedroom Apartments | $4,490 | $4,490 | $4,490 |
Browse Top Apartments in Morro Bay
See all Apartments in Morro BayExplore Morro Bay
Morro Bay, CA Local Guide
- Morro Bay Neighborhoods
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Cheapest Neighborhoods for Apartments in Morro Bay, CA
Pricing Updated: 10/30/2025Current apartment rentals in the Morro Bay, CA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Morro Bay Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Morro Bay Cayucos Cambria | $2,195 | $1,415 | 16 |
Cheapest Available Morro Bay Apartments for Rent
The cheapest available apartment rental in Morro Bay, CA is a 1 Bed unit found at Sierra Sands in the Harvest Glen neighborhood priced from $981. La Vista in the Harvest Glen neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,483. Here is today’s list of the most affordable Morro Bay apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sierra Sands | 1 Bedroom 1 Bath | 1BR,1BA | $981 |
| La Vista | Studio | Studio,1BA | $1,483 |
| Villa del Sol Senior Apts 55+ | Plan 6 | 1BR,1BA | $1,550 |
Best Value Apartments for Rent in Morro Bay, CA
As of October 31, 2025 the best value apartment in the Morro Bay area is the $2.86 price per square foot 3BR/2.0BA Model at Irish Hills Hamlet Apartments in the in the Laguna Lake neighborhood starting from $3,500. The second greatest value Morro Bay apartment is the 2BR/2.5BA Model at de Tolosa Ranch Apartments starting at $3,175 with a $2.79 price per square foot in the Laguna Lake neighborhood. Here is today’s list of the best values for Morro Bay apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Irish Hills Hamlet Apartments | 3BR/2.0BA | 3BR,2BA | $2.86 |
| de Tolosa Ranch Apartments | 2BR/2.5BA | 2BR,2.5BA | $2.79 |
| Sierra Sands | 3 Bedroom 2 Bath | 3BR,2BA | $2.12 |
| ReNew Atascadero | Two Bedroom Apartment | 2BR,2BA | $2.67 |
| La Plaza Villas | 2/2 Flat | 2BR,2BA | $2.23 |
| Alder Creek Apartments | 2BR/1.0BA | 2BR,1BA | $2.61 |
| Bordeaux House Apartments | Two Bedroom One Bath | 2BR,1BA | $2.35 |
| Dry Creek | 21 | 2BR,1BA | $2.38 |
| Ramona Gardens | 2 Bed, 2 Bath | 2BR,2BA | $2.78 |
| Hancock Terrace Apartments | Deco | 1BR,1BA | $2.90 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read Article
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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Getting Around Morro Bay, CA
Walk Score®
71 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
52 / 100
Bikeable
Some bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Morro Bay Apartments
What is the Cheapest Studio apartment in Morro Bay?
Currently the most affordable Cheap Studio Apartment in Morro Bay is at La Vista listed at $1,483.
How much is rent for a Cheap One Bedroom Morro Bay Apartment?
The lowest price for a Cheap One Bedroom Morro Bay Apartment is $981 at Sierra Sands.
What is the lowest price for a Cheap Two Bedroom Morro Bay Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Morro Bay is starting from $1,951 at Dry Creek.
What is the most affordable Morro Bay Three Bedroom Apartment?
The best deal on a cheap Morro Bay Three Bedroom Apartment rental is at Sierra Sands and starts from $2,283.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.