550 Madera Ave
550 Madera Ave,
Morro Bay, CA 93442
$1,950
1 Bed
Morro Bay
Morro Bay, CA
Area Guide
The true jewel of California is Morro Bay.
Pacific Ocean
•
Surfing
•
Beach
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Coastal Living
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Nature
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Outdoor Adventures
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Resembling a rocky giant emerging from the ocean, Morro Rock is a fascinating landmark and key feature of Morro Bay. This volcanic plug is a National Historical Landmark and a protected area as home to nesting falcons. Morro Bay Estuary is part of the Morro Bay State Marine Recreational Management Area, home to several endangered species and migratory birds. Morro Strand State Beach is a gorgeous coastal park with three miles of beaches. This park is popular for beachcombing, windsurfing, camping, kayaking, and fishing.
It might be difficult to tear yourself away from Morro Bay's unique beauty, but when you do, you'll find a variety of other great destinations in this fascinating city. And while there is no such place as Dory's fictional home the Marine Life Institute (the setting of Pixar's 2016 movie, Finding Dory), you will discover places like the Morro Bay Maritime Museum, Art Center Morro Bay, and the Bay Movie Theater. A Morro Bay apartment will place you about halfway between Los Angeles and San Francisco, with roughly three hours to each.
Rent Trends
As of October 2025, the average apartment rent in Morro Bay, CA is $1,097 for one bedroom, $1,301 for two bedrooms, and $1,878 for three bedrooms. Apartment rent in Morro Bay has increased by 0.7% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$1,097/month
0 Sq Ft
House
$4,496/month
1,511 Sq Ft
Transportation
71
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
52
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Schools
Public
Grades K-5
290 Students
Public
Grades 9-12
795 Students
School data provided by
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2025. All rights reserved.
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2025. All rights reserved.
Points of Interest
Shopping Centers
Parks and Recreation
- Morro Strand State Beach
- Morro Bay State Park
- Los Osos Oaks State Reserve
- Cayucos State Beach
- San Luis Obispo Botanical Garden
Military Bases
Airports
- San Luis County Regional
Top Apartments in Morro Bay
Houses for Rent in Morro Bay
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2025.