Morro Bay, CA Property Tax Rate (FY 2025-26)
Morro Bay's property tax rate is 1.1022% for fiscal year 2025-26 in its primary tax rate area: the 1% Proposition 13 base plus 0.1022% in voter-approved bonds.
First-year property tax by purchase price
Under Proposition 13 the purchase price becomes the assessed value, so the first-year tax at the city rate is the price times 1.1022%. Fixed assessments come on top. Your true tax rate is the two together, the tax at the city rate plus fixed assessments, divided by the purchase price on a newly purchased home.
| Purchase price | Annual tax | Monthly |
|---|---|---|
| $500,000 | $5,511.05 | $459.25 |
| $750,000 | $8,266.58 | $688.88 |
| $1,000,000 | $11,022.10 | $918.51 |
| $1,500,000 | $16,533.15 | $1,377.76 |
| $2,000,000 | $22,044.20 | $1,837.02 |
Property tax calculator
Search for a city, then change the price, rate or fixed assessments to estimate a first-year bill. It uses the same math as Mortgage Blueprint's tax breakdown.
What this rate leaves out
- This is the rate for Morro Bay's primary tax rate area. Other tax rate areas in the same city can have a different rate.
- Mello-Roos (Community Facilities District) taxes, flat parcel taxes and fixed special assessments are not included. Check the property's tax bill.
- Buyers get a supplemental tax bill after purchase for the change in assessed value.
- Under Proposition 13, the assessed value can rise by at most 2% a year while you own the home.
Look up a tax bill
Look up your San Luis Obispo County property tax bill on the San Luis Obispo County Auditor-Controller-Treasurer-Tax Collector-Public Administrator site. San Luis Obispo County property tax rates and due dates.
Loan limits
Morro Bay is in San Luis Obispo County, where the 2026 conforming loan limit for a one-unit home is $1,000,500. San Luis Obispo County loan limits.
Other cities in San Luis Obispo County
| City or community | Tax rate (FY 2025-26) |
|---|---|
| Arroyo Grande | 1.0682% |
| Atascadero | 1.1423% |
| Grover Beach | 1.1532% |
| Paso Robles | 1.1073% |
| Pismo Beach | 1.0682% |
| San Luis Obispo | 1.1022% |
| Templeton | 1.1342% |
Source
Rate from County of San Luis Obispo Property Tax Rates: Bonds Levied, Tax Rates by Fund & TRA 2025-2026. All California city rates.