Morro Bay city: Median Gross Rent Trend
How Morro Bay city's median gross rent changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$1,387
2023
$1,820
Total change
+$433
% change
+31.2%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $1,387 | — |
| 2019 | $1,560 | +$173 (12.5%) |
| 2020 | $1,579 | +$19 (1.2%) |
| 2021 | $1,646 | +$67 (4.2%) |
| 2022 | $1,734 | +$88 (5.3%) |
| 2023 | $1,820 | +$86 (5%) |