Morro Bay, Pismo Beach Airbnb revenue and occupancy data
What Airbnb listings in Morro Bay earn, how often they're booked, and how that compares with the rest of Pismo Beach, CA.
Over the past 12 months, regularly available listings in Morro Bay earned $47,852 on average, were booked for 59% of the nights they were open, and averaged $411 a night. The median gross yield, before expenses, is 7.0%.
Yearly revenue
$47,852
Occupancy
59%
Nightly rate
$411
Gross yield
7.0%
before expenses
Median of 175 listings
Active listings
190
My take on Morro Bay
Morro Bay’s one-bedroom listings earned more than their market counterparts: average trailing-year booking revenue was $40,523, versus $31,458. In the separate home-value-matched group, median potential gross yield was 9.8%, compared with 6.3% for the market.
That yield is before expenses, financing and taxes, not a take-home return. The one-bedroom revenue comparison is more favorable than the neighborhood-wide result, which trails the market. Relying only on the area average could obscure that bedroom-specific difference.
Commentary uses groups of at least 20 listings. Tables may include smaller groups.
How much do Airbnb hosts make in Morro Bay?
Regularly available Airbnb listings in Morro Bay earned an average of $47,852 over the past 12 months. That is 9% less than the Pismo Beach, CA average of $52,548. That is booking revenue including cleaning fees, before Airbnb fees, operating costs and taxes.
What is the Airbnb occupancy rate in Morro Bay?
Listings in Morro Bay were booked for an average of 59% of the nights they were open for booking over the past 12 months. That is 7 points higher than the Pismo Beach, CA average of 52%. Nights a host blocked off don't count.
How much does an Airbnb cost per night in Morro Bay?
The average nightly rate in Morro Bay was $411 over the past 12 months, including cleaning fees. That is 19% lower than the Pismo Beach, CA average of $507.
Is an Airbnb in Morro Bay profitable?
For homes with a matched home value, the median room-revenue potential in Morro Bay is $61,333 a year and the median gross yield is 7.0%. Gross yield is 0.3 points higher than the Pismo Beach, CA median. Gross yield is measured before expenses, financing and taxes, so profit depends on what you pay for a home and what it costs to run. Analyze the exact property before you buy.
Reveal any property's Airbnb profitabilityHow much do Airbnb hosts make in Morro Bay by bedroom count?
One-bedroom homes have the highest gross yield in Morro Bay, at 9.8%. The table shows average yearly revenue and median gross yield for each home size, with the Pismo Beach, CA figure for the same size under each one.
| Bedrooms | Yearly revenue | Gross yield |
|---|---|---|
| 1 bedroom 42 listings | $40,523 Pismo Beach, CA: $31,458 | 9.8% Pismo Beach, CA: 6.3% |
| 2 bedrooms 64 listings | $36,680 Pismo Beach, CA: $42,188 | 6.4% Pismo Beach, CA: 6.4% |
| 3 bedrooms 65 listings | $52,917 Pismo Beach, CA: $57,214 | 6.9% Pismo Beach, CA: 6.9% |
| 4+ bedrooms 18 listings | $87,888 Pismo Beach, CA: $101,809 | 7.7% Pismo Beach, CA: 8.3% |
How does Morro Bay compare with nearby areas?
Every row uses the same method and data date. Nearby areas link to their own pages.
| Area | Yearly revenue | Occupancy | Nightly rate | Gross yield |
|---|---|---|---|---|
| Morro Bay This area 190 listings | $47,852 | 59% | $411 | 7.0% |
| Pismo Beach, CA market 1,135 listings | $52,548 | 52% | $507 | 6.7% |
| Los Osos 64 listings | $38,526 | 59% | $347 | 5.9% |
| San Luis Obispo 198 listings | $53,436 | 55% | $512 | 6.9% |
| Avila Beach 123 listings | $62,525 | 46% | $655 | 6.0% |
| Pismo Beach 179 listings | $51,154 | 44% | $542 | 5.7% |
Where is Morro Bay?
The Pismo Beach, CA market includes 9 areas based on local neighborhood and city boundaries. Each listing is counted in the area containing it.
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About these figures
How is yearly revenue measured?
It is the average booking revenue a regularly available listing earned over the past 12 months, including cleaning fees and before Airbnb fees, operating costs and taxes. It is an estimate, not verified host payouts.
How is occupancy measured?
For each listing, BNBCalc divides the nights booked by the nights it was open for booking over the past 12 months, then averages the results. Nights a host blocked off are left out.
How is the nightly rate measured?
It is the average price per booked night over the past 12 months, including cleaning fees.
What is room-revenue potential?
It estimates what a listing would earn in a year from its nightly rates if it were available all year at its expected occupancy, based on its last 12 months of bookings. It excludes cleaning fees. It is an estimate, not income a host received.
What is gross yield?
For each listing, BNBCalc divides its room-revenue potential by an estimated value for a home with the same ZIP code and bedroom count, then reports the median. It is measured before expenses, financing and taxes, so it is not profit or a full return on investment.
Which listings are included?
Yearly revenue, occupancy and nightly rate cover listings of every type and size that were open for booking at least 127 nights over the past year (190 in Morro Bay). Room-revenue potential and gross yield cover entire homes with one to five bedrooms that were also booked for at least 30% of their open nights and have a matched home value. BNBCalc shows no figure for an area with fewer than 5 qualifying listings.
How current is this data?
Figures are current as of November 3, 2026 and refresh monthly.
Why are these figures different from the Pismo Beach, CA market page?
The market page summarizes all of Pismo Beach, CA from a separate monthly market dataset. This page averages the individual listings in each area, so the two can differ. Use this page to compare areas with each other.
What can't these figures tell me?
They don't include operating costs, financing, taxes, insurance or the price of a specific home, and they don't show whether short-term rentals are allowed. Check local rules and analyze the exact property before you buy.
Related guides
Go deeper on Morro Bay
With BNBCalc Markets, compare Morro Bay by bedroom count and performance level, see home prices, and browse its listings on the map.