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States / California / Morro Bay

Morro Bay, CA Housing

ACS 2020-2024

Median Home Value
$918,200 ± $49,208
Median Gross Rent
$1,858 ± $93/mo
Homeownership Rate
65.4%
Rent as Share of Income
23.3%
Price-to-Income Ratio
9.6×
Vacancy Rate
21.8%
Median Year Built
1974

New Construction (2025)

Housing units authorized by building permit — a leading signal of new supply, from the Census Building Permits Survey.

Units Authorized
19
Buildings
18
Single-Family Units
17
Multi-Family Units
2

Nearby Cities in California

Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.

Morro Bay, CA Housing: Rent & Home Values | HomeDataUSA