Housing & Real Estate — Morro Bay, California
Overview
| Total Housing Units | 6,271 |
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| Occupied | 4,989 |
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| Vacant | 1,282 |
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| Owner-Occupied | 3,020 |
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| Renter-Occupied | 1,969 |
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| Median Home Value (Census) | $918,200 |
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| Estimated 2026 | ~$1,057,000 |
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| Median Rent | $1,820/mo |
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| Median Property Tax | $5,999/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | very expensive |
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| Rent as % of Income | 22.8% |
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| Severely Rent-Burdened | 37.9% |
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Housing Age
| Built 2010 or later | 809 |
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| Built 2000-2009 | 623 |
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| Built 1990-1999 | 373 |
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| Built before 1960 | 1,873 |
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| Median Year Built | 1971 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
