Bedroom count
Property type
Last updated on June 6, 2026
Average rent in
Monterey, CA
Average rent in
Last updated on June 6, 2026
Bedroom count
Property type
Key takeaways for renters
Where Monterey rent stands today
Monterey, CA rent rose 2.9% year over year, with a current median of $2,700/month. Renters today are paying $31 more per month on average than last year, and rent is at the city's peak level from May 2026.
Vs. national rents
Monterey runs roughly 1.4× the $1,950/month national median, placing it among pricier coastal metros with a total of 67 rentals available.
Rent ranges by bedroom
Studios in Monterey rent for $1,600/month, 1-bedrooms for $2,200/month, and 2-bedrooms for $3,172/month, with 3-bedrooms at $5,300/month and 4+ bedrooms at $6,250/month.
Neighborhood spotlight
Old Monterey Business District rents rose 100.2% year over year to $2,398/month across 14 rentals. Skyline Forest and Casanova Oak Knoll saw declines of -34.7% and -28.5%, respectively, showing varied neighborhood trends.
Median rent
Median rent in Monterey
$2,700/mo
3%vs previous year
The average rent in Monterey is $2,700 per month as of June 2026. This is 38% above the national average rent, or $750 more per month.
average price per square foot
Total rentals
Available rentals in Monterey
67
for rent on Zumper.com as of June 2026
Rent price distribution
Share of Monterey rentals at each price point
Rent trends in Monterey, CA
Average rent prices in Monterey have remained the same over the last month and have increased by 3% since last year.
Rent trends
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Compare rent prices in
Monterey, CA
Rent prices in Monterey vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Monterey is $2,500, whereas a house costs $3,600. 1-bedroom apartments in Monterey run $2,150 on average, while 2-bedroom apartments are $2,800.
Listings | ||||
|---|---|---|---|---|
Studio | $1,600 |  12% | 11% | |
1 bedroom | $2,200 | 3% | 1% | |
2 bedroom | $3,172 | 1% | 10% | |
3 bedroom | $5,300 | 13% | 34% | |
4 bedroom | $6,250 | 10% | 27% |
Listings | ||
|---|---|---|
Casanova Oak Knoll | $2,200 | |
Del Monte Grove Laguna Grande | $2,675 | |
Monterey Vista | $3,000 | |
New Monterey | $2,695 | |
Old Monterey Business District | $2,397 | |
Old Town | $3,200 | |
Skyline Forest | $3,395 | |
Villa Del Monte | $2,972 |
Listings | ||||
|---|---|---|---|---|
Apartments | $2,500 | 4% | No Change | |
Condos | $3,025 | 1% | No Change | |
Houses | $3,600 | 1% | No Change |
Studio
Average rent
$1,600
Last 30 days
12%
Last year
11%
1 bedroom
Average rent
$2,200
Last 30 days
3%
Last year
1%
2 bedroom
Average rent
$3,172
Last 30 days
1%
Last year
10%
3 bedroom
Average rent
$5,300
Last 30 days
13%
Last year
34%
4 bedroom
Average rent
$6,250
Last 30 days
10%
Last year
27%
New Monterey
Average rent
$2,695
Old Monterey Business District
Average rent
$2,397
Old Town
Average rent
$3,200
Casanova Oak Knoll
Average rent
$2,200
Monterey Vista
Average rent
$3,000
Skyline Forest
Average rent
$3,395
Villa Del Monte
Average rent
$2,972
Del Monte Grove Laguna Grande
Average rent
$2,675
Apartments
Average rent
$2,500
Last 30 days
4%
Condos
Average rent
$3,025
Last 30 days
1%
Houses
Average rent
$3,600
Last 30 days
1%
The table above reflects average rent prices in Monterey, CA, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.
How does rent in Monterey, CA compare to other cities?
Compare median rent prices in Monterey and Carmel By The Sea by all bedroom counts and property types.
Monterey
38%higher than the national median
44%higher than the national median
Takeaway
The median rent for all rentals in Monterey, CA is 4% lower than the median rent in Carmel By The Sea, CA.
Average rent in nearby cities
Explore rent trends in neighboring markets
$2,800
56%$4,950
10%$3,300
$2,750
1%$4,089
10%$2,850
7%$2,495
8%$3,295
12%$3,588
4%$3,475
10%$2,420
14%$3,680
10%Discover rentals in Monterey, CA
10h ago
140 W Franklin St, Monterey, CA 93940
Studio
-1 baths
$975–$1,395
Apartment for rent
5d+ ago
Villa Del Monte apartment for rent in Monterey
2 beds
1 bath
$2,400
Apartment for rent
Available Apr 28
5d+ ago
Old Town house for rent in Monterey
2 beds
1 bath
$2,445
House for rent
Available Jun 8
4d ago
222 Laine St, Monterey, CA 93940
2 beds
1 bath
$2,575–$2,650
Apartment for rent
2d ago
Skyline Forest house for rent in Monterey
1 Overlook Pl, Monterey, CA 93940
3 beds
3.5 baths
$8,500
House for rent
5d+ ago
Monterey Vista house for rent in Monterey
2 beds
1 bath
$4,250
House for rent
19h ago
Monterey Vista house for rent in Monterey
2 beds
2.5 baths
$4,200
House for rent
5d+ ago
Skyline Forest house for rent in Monterey
1 bed
1 bath
$3,495
House for rent
14h ago
Verified
201 Glenwood Cir, Monterey, CA 93940
1–2 beds
1–2 baths
$3,300–$3,500
Price drop
Apartment for rent
Available Jun 6
1d ago
New Monterey house for rent in Monterey
3 beds
2 baths
$4,650
$4,350
Price drop
House for rent
Available Apr 30
3d ago
Monterey Vista apartment for rent in Monterey
Studio
1 bath
$2,250
Apartment for rent
Available Dec 15
4d ago
New Monterey house for rent in Monterey
813 Cypress St, Monterey, CA 93940
2 beds
1 bath
$3,500
$3,300
Price drop
House for rent
14h ago
Verified
201 Glenwood Cir, Monterey, CA 93940
1–2 beds
1–2 baths
$3,300–$3,500
Price drop
Apartment for rent
Available Jun 6
1d ago
585 Laine St, Monterey, CA 93940
2 beds
1 bath
$3,495
Apartment for rent
4d ago
871 Alice St, Monterey, CA 93940
2 beds
1 bath
$2,850–$2,900
Apartment for rent
4d ago
725 Spencer St, Monterey, CA 93940
1 bed
1 bath
$2,195
Apartment for rent
14h ago
Verified
201 Glenwood Cir, Monterey, CA 93940
1 bed
1 bath
Call for price
Price drop
Apartment for rent
Available Jul 7
10h ago
140 W Franklin St, Monterey, CA 93940
Studio
-1 baths
$975–$1,000
Apartment for rent
11h ago
431 Monroe St, Monterey, CA 93940
1 bed
1 bath
$2,300
Apartment for rent
19h ago
Monterey Vista house for rent in Monterey
2 beds
2.5 baths
$4,200
House for rent
Stay up to date with rental market insights
Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.
Frequently asked questions for Monterey, CA
Quick answers to common questions about the Monterey rental market.
How much is rent in Monterey?
The average rent in Monterey is $2,700 per month as of June 4, 2026.
Is rent up or down in Monterey?
Average rent prices in Monterey have remained the same over the last month and have increased by 3% since last year.
How does Monterey rent compare to the national average?
Rent in Monterey is 38% above the national average, which means renters are paying approximately $750 more per month.
Which neighborhoods are most affordable in Monterey?
The most affordable neighborhoods in Monterey are Casanova Oak Knoll ($2,200/mo), Old Monterey Business District ($2,397/mo), and Del Monte Grove Laguna Grande ($2,675/mo).
What salary do I need to afford rent in Monterey?
To comfortably afford rent in Monterey, you'd need to earn approximately $108,000/year, based on spending no more than 30% of your income on rent.
When is the best time of year to rent in Monterey?
Monterey's 2025 rental market shows 1-bedroom apartments averaging around $2,100 per month, while 2-bedroom units average around $3,000 monthly. The overall market averaged around $2,400 across all property types in 2025.
Methodology
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).