How many renters in Morro Bay, CA pay more than 30% of their income on rent?

49.5% (±11.1 points) of renting households in Morro Bay, CA spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).

37.9% spend 35% or more.

The median renting household spends 29.9% of its income on rent.

Figures last updated on .

Paying 30% or more
49.5% (±11.1 points)
Paying 35% or more
37.9% (±8.9 points)
Median share of income
29.9% (±3.0 points)

Rent as a share of income in Morro Bay

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rentMorro BaySan Luis Obispo CountyCaliforniaUnited States
Less than 15%10.6% (±6.2 points)9.0%10.4%12.6%
15% to 19.9%9.6% (±5.2 points)11.2%11.1%12.2%
20% to 24.9%11.7% (±4.2 points)10.4%12.0%12.6%
25% to 29.9%18.5% (±7.2 points)11.8%11.2%11.5%
30% to 34.9%11.6% (±6.6 points)9.2%9.3%9.2%
35% or more37.9% (±8.9 points)48.3%46.0%41.9%

Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.

Morro Bay against San Luis Obispo County, its state and the nation

Estimate (90% margin of error)
Morro BaySan Luis Obispo CountyCaliforniaUnited States
Paying 30% or more49.5% (±11.1 points)57.5% (±2.6 points)55.3% (±0.2 points)51.1%
Paying 35% or more37.9% (±8.9 points)48.3% (±2.2 points)46.0% (±0.2 points)41.9%
Median share of income29.9% (±3.0 points)34.1% (±1.1 points)32.8% (±0.2 points)30.6%
Median renter household income$79,503 (±$8,950)$65,806 (±$3,300)$71,186 (±$298)$52,966
Median gross rent$1,858 (±$93)$1,992 (±$45)$2,036 (±$5)$1,413

In Morro Bay, the share of renters paying 30% or more of income is not measurably different from San Luis Obispo County (57.5%).

It is not measurably different from California (55.3%).

It is not measurably different from the national figure (51.1%).

In San Luis Obispo County, Morro Bay ranks 17 of 22 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.

Statewide, it ranks 738 of 1,067.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Renters paying 30% or more of income in places near Morro Bay

Nearest places with a published estimate, compared with Morro Bay
PlaceDistanceRenters paying 30% or more of incomeCompared with this place
Morro Bay—49.5% (±11.1 points)—
Los Osos4.8 mi48.5% (±12.0 points)Not measurably different
Cayucos5.2 mi51.4% (±21.8 points)Not measurably different
California Polytechnic State University12 mi100.0% (±128.1 points)Not measurably different
Atascadero13 mi53.2% (±7.0 points)Not measurably different
San Luis Obispo13 mi67.0% (±4.1 points)Higher
Avila Beach14 mi62.0% (±62.4 points)Not measurably different
Santa Margarita15 mi95.6% (±77.3 points)Not measurably different
Templeton16 mi53.2% (±18.8 points)Not measurably different

Nearby places with a measurably higher figure: San Luis Obispo, CA (67.0%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Renters paying 30% or more of income across San Luis Obispo County, place by place

RankPlaceRenters paying 30% or more of income
10 (tie)Templeton53.2% (±18.8 points)
12San Miguel (San Luis Obispo County)52.0% (±28.4 points)
13Cayucos51.4% (±21.8 points)
14Grover Beach51.3% (±13.2 points)
15 (tie)Pismo Beach50.0% (±12.2 points)
15 (tie)Nipomo50.0% (±12.5 points)
17Morro Bay49.5% (±11.1 points)
18Los Osos48.5% (±12.0 points)
19Oceano44.0% (±18.6 points)
20Callender35.0% (±42.9 points)
21Lake Nacimiento31.4% (±30.0 points)
22Los Ranchos0.0% (±78.9 points)

Showing 12 of 22 places in San Luis Obispo County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

What you can do on Seayora in Morro Bay

One account for renting, owning, managing and fixing homes, with these figures beside you.

Looking for a place to rent?

Browse homes for rent near Morro Bay, save the ones you like and apply online.

Browse rentals · Create a renter account

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Morro Bay beside you.

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

Get found by owners and renters near Morro Bay, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Morro Bay

Are renters in Morro Bay rent-burdened?

49.5% of renting households in Morro Bay pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

What share of income do renters in Morro Bay spend on rent?

The median renting household in Morro Bay, CA spends 29.9% (±3.0 points) of its household income on gross rent.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Morro Bay city, California (place:49362, in state:06).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

Related