Rent to own Homes in Morro Bay, CA

Morro Bay, CA is a great place for affordable rent-to-own homes! With a median household income of over $73,864 and a median rent of $1,579, the Morro Bay, CA rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Morro Bay, CA. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.

Check out Morro Bay, CA rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
1555 Skylar Ln
Rent To Own
 
Single Family Home
Bradley, CA 93426
4
4
4022 ft2
2012
New
2850 ELM AVE
Rent to Own Eligible
 
Single Family Home
Morro Bay, CA 93442
2
1
720 ft2
1967
963 BALBOA ST
Rent to Own Eligible
 
Single Family Home
Morro Bay, CA 93442
2
1
770 ft2
1942
Hot New
240 PACIFIC ST
Rent to Own Eligible
 
Townhouse/Condo
Morro Bay, CA 93442
2
2
768 ft2
1930
1 of 21 309 SEQUOIA ST
Rent to Own Eligible
 
Townhouse/Condo
Morro Bay, CA 93442
2
2
1206 ft2
1984
Hot
1 of 11 675 PAULA ST
Rent to Own Eligible
 
Single Family Home
Morro Bay, CA 93442
2
1
1104 ft2
1947
450 PICO ST
Rent to Own Eligible
 
Single Family Home
Morro Bay, CA 93442
2
1
846 ft2
1952
2416 MAIN ST #2
Rent to Own Eligible
 
Townhouse/Condo
Morro Bay, CA 93442
1
1
1242 ft2
2020
New
550 MITCHELL DR
Rent to Own Eligible
 
Single Family Home
Los Osos, CA 93402
2
1
888 ft2
1963
New
1195 SAN LUIS AVE
Rent to Own Eligible
 
Single Family Home
Los Osos, CA 93402
3
2
1430 ft2
1975
1 of 25 1190 SANTA YNEZ AVE
Rent to Own Eligible
 
Townhouse/Condo
Los Osos, CA 93402
2
2
864 ft2
1987
1750 PREFUMO CANYON RD
Rent to Own Eligible
Billygoat Acres
Townhouse/Condo
San Luis Obispo, CA 93405
3
2
1056 ft2
1973
New
9305 SANTA LUCIA RD
Rent to Own Eligible
 
Single Family Home
Atascadero, CA 93422
3
2
1254 ft2
1983
1 of 53 5445 ENCINO AVE
Rent to Own Eligible
 
Single Family Home
Atascadero, CA 93422
3
2
1898 ft2
2006
5720 HERMOSILLA AVE
Rent to Own Eligible
 
Single Family Home
Atascadero, CA 93422
2
1
966 ft2
1959
1144 WALNUT ST #4
Rent to Own Eligible
Mill Street Historic District
Townhouse/Condo
San Luis Obispo, CA 93401
2
2
1374 ft2
2005
New
460 LYSANDRA CT
Rent to Own Eligible
 
Single Family Home
Templeton, CA 93465
4
3
2036 ft2
1989
New
2375 ALPHONSO AVE # 104
Rent to Own Eligible
Downtown Slo
Townhouse/Condo
San Luis Obispo, CA 93401
2
3
1348 ft2
2022
1 of 20 8606 SANTA ROSA RD
Rent to Own Eligible
 
Single Family Home
Atascadero, CA 93422
3
1
1137 ft2
1983
New
5395 DOLORES AVE
Rent to Own Eligible
 
Single Family Home
Atascadero, CA 93422
3
2
1132 ft2
1960
9105 COROMAR CT
Rent to Own Eligible
 
Single Family Home
Atascadero, CA 93422
3
2
1291 ft2
2014
5189 ALAMO AVE
Rent to Own Eligible
 
Single Family Home
Atascadero, CA 93422
3
3
2325 ft2
1990
9420 CASA BELLA CT
Rent to Own Eligible
 
Single Family Home
Atascadero, CA 93422
3
3
1515 ft2
2007
New
5105 SYCAMORE RD
Rent to Own Eligible
 
Single Family Home
Atascadero, CA 93422
3
2
1524 ft2
1962
New
2375 Victoria Ave
Rent to Own Eligible
Broad Street
Townhouse/Condo
San Luis Obispo, CA 93401
2
3
1600 ft2
190 1ST ST #B
Rent to Own Eligible
 
Townhouse/Condo
Templeton, CA 93465
2
2
995 ft2
1984
9288 EL BORDO AVE
Rent to Own Eligible
 
Townhouse/Condo
Atascadero, CA 93422
2
2
1335 ft2
1993
New
1 of 23 2478 Victoria Ave
Rent to Own Eligible
Broad Street
Townhouse/Condo
San Luis Obispo, CA 93401
2
3
1348 ft2
2019
New
9319 MUSSELMAN DR
Rent to Own Eligible
 
Townhouse/Condo
Atascadero, CA 93422
2
3
1326 ft2
1991
New
9174 PATO LN
Rent to Own Eligible
 
Townhouse/Condo
Atascadero, CA 93422
3
2
1685 ft2
2014
9115 ARBOL DEL ROSAL WAY
Rent to Own Eligible
 
Townhouse/Condo
Atascadero, CA 93422
3
3
1863 ft2
2007
New
190 HEADWATERS RD
Rent to Own Eligible
 
Single Family Home
Templeton, CA 93465
3
2
1502 ft2
2002
1 of 26 842 TARRAGON LN
Rent to Own Eligible
South Broad Street
Townhouse/Condo
San Luis Obispo, CA 93401
2
3
1785 ft2
2009
490 GOLDEN MEADOW DR
Rent to Own Eligible
 
Single Family Home
Paso Robles, CA 93446
3
2
1059 ft2
1986
New
5280 WINDMILL WAY
Rent to Own Eligible
 
Single Family Home
San Luis Obispo, CA 93401
2
1
1150 ft2
1930
135 18TH ST
Rent to Own Eligible
 
Single Family Home
Paso Robles, CA 93446
3
1
1158 ft2
1924
1 of 23 156 FLAG WAY
Rent to Own Eligible
 
Townhouse/Condo
Paso Robles, CA 93446
2
3
1708 ft2
1982
159 FLAG WAY
Rent to Own Eligible
 
Townhouse/Condo
Paso Robles, CA 93446
3
3
1708 ft2
1982
New
566 FERRO LN
Rent to Own Eligible
 
Single Family Home
Paso Robles, CA 93446
3
2
1080 ft2
1959
New
859 MARLBANK PL
Rent to Own Eligible
 
Townhouse/Condo
Paso Robles, CA 93446
3
3
1500 ft2
2005
1 of 20 714 SHANNON HILL DR
Rent to Own Eligible
 
Single Family Home
Paso Robles, CA 93446
3
2
1371 ft2
1942
1 of 21 921 Creston Rd
Rent to Own Eligible
 
Single Family Home
Paso Robles, CA 93446
3
2
1311 ft2
2003
1842 PONDEROSA LN
Rent to Own Eligible
 
Single Family Home
Paso Robles, CA 93446
2
2
1088 ft2
1982
1713 KINGS DR
Rent to Own Eligible
 
Single Family Home
Paso Robles, CA 93446
2
2
1088 ft2
1979
Map
Sponsored Link

More Morro Bay, CA Property Resources

Rent to own Homes in Cities Near Morro Bay, CA

Browse all Rent to own Homes in California

Neighborhoods in Morro Bay, CA

No neighborhoods found

Popular Zip Codes in Morro Bay, CA

93443 rent to own homes

Buying a Home in Morro Bay, CA

Morro Bay, CA is seeing rapid growth and Morro Bay, CA's' housing market remains not optimal with an average home price that is 199% above the 2024 national average. Morro Bay, CA is part of San Luis Obispo county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county San Luis Obispo is 0.58% which is below the national average, which is 0.99%.

Median Home Price in Morro Bay, CA

Median Rent in Morro Bay, CA

Rent to own homes offer low monthly payments and flexible terms.