Bedroom count
Property type
Last updated on July 21, 2026
Average rent in
Monterey, CA
Average rent in
Last updated on July 21, 2026
Bedroom count
Property type
Key takeaways for renters
Where Monterey rent stands today
Monterey, CA rent rose 4.8% year over year, with a current median of $2,750/month. Renters today are paying $175 more per month on average than last year, reaching the peak median rent for the market in July 2026.
Compared to national trends
Monterey runs roughly 1.4× the $1,945/month national median, placing it among pricier coastal metros. The market offers 63 total rentals, a smaller inventory size compared to larger metros.
Price ranges
Studios in Monterey rent for $1,900/month, 1-bedrooms for $2,250/month, and 2-bedrooms for $3,025/month, with 3-bedrooms and 4+ bedrooms reaching $5,650/month and $5,995/month respectively. This range reflects the variety of bedroom sizes available to renters in Monterey.
Neighborhood spotlight
Old Monterey Business District rents climbed 102.5% year over year to $2,425/month across 11 rentals. This surge contrasts with the citywide 4.8% rise, showing a hyperlocal dynamic in Monterey, CA.
Median rent
Median rent in Monterey
$2,750/mo
5%vs previous year
The average rent in Monterey is $2,750 per month as of July 2026. This is 41% above the national average rent, or $805 more per month.
average price per square foot
Total rentals
Available rentals in Monterey
63
for rent on Zumper.com as of July 2026
Rent price distribution
Share of Monterey rentals at each price point
Rent trends in Monterey, CA
Average rent prices in Monterey have increased by 2% over the last month and have increased by 5% 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 $2,400, whereas a house costs $4,325. 1-bedroom apartments in Monterey run $2,200 on average, while 2-bedroom apartments are $2,850.
Listings | ||||
|---|---|---|---|---|
Studio | $1,900 | 4% | 6% | |
1 bedroom | $2,250 |  1% | 10% | |
2 bedroom | $3,025 | 4% | 2% | |
3 bedroom | $5,650 | No Change | 30% | |
4 bedroom | $5,995 | 2% | 208% |
Listings | ||
|---|---|---|
Casanova Oak Knoll | $2,700 | |
Del Monte Grove Laguna Grande | $2,775 | |
Monterey Vista | $3,192 | |
New Monterey | $2,862 | |
Old Monterey Business District | $2,425 | |
Old Town | $2,850 | |
Skyline Forest | $2,825 | |
Villa Del Monte | $3,300 |
Listings | ||||
|---|---|---|---|---|
Apartments | $2,400 | 1% | No Change | |
Condos | $2,995 | 2% | No Change | |
Houses | $4,325 | 8% | No Change |
Studio
Average rent
$1,900
Last 30 days
4%
Last year
6%
1 bedroom
Average rent
$2,250
Last 30 days
1%
Last year
10%
2 bedroom
Average rent
$3,025
Last 30 days
4%
Last year
2%
3 bedroom
Average rent
$5,650
Last 30 days
No Change
Last year
30%
4 bedroom
Average rent
$5,995
Last 30 days
2%
Last year
208%
New Monterey
Average rent
$2,862
Old Town
Average rent
$2,850
Old Monterey Business District
Average rent
$2,425
Monterey Vista
Average rent
$3,192
Villa Del Monte
Average rent
$3,300
Casanova Oak Knoll
Average rent
$2,700
Skyline Forest
Average rent
$2,825
Del Monte Grove Laguna Grande
Average rent
$2,775
Apartments
Average rent
$2,400
Last 30 days
1%
Condos
Average rent
$2,995
Last 30 days
2%
Houses
Average rent
$4,325
Last 30 days
8%
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
41%higher than the national median
75%higher than the national median
Takeaway
The median rent for all rentals in Monterey, CA is 19% lower than the median rent in Carmel By The Sea, CA.
Average rent in nearby cities
Explore rent trends in neighboring markets
$3,400
14%$5,075
26%$3,250
$2,647
5%$4,270
8%$3,495
5%$2,500
2%$3,352
9%$3,580
2%$3,427
5%$2,747
11%$3,800
11%Discover rentals in Monterey, CA
3d ago
140 W Franklin St, Monterey, CA 93940
Studio
-1 baths
$975–$1,395
Apartment for rent
5d+ ago
Apartment for rent in Monterey
2 beds
1 bath
$2,395
Apartment for rent
Available Jul 2
5d+ ago
Apartment for rent in Monterey
2 beds
1 bath
$2,395
Apartment for rent
Available Jul 2
5d+ ago
224 Watson St, Monterey, CA 93940
2 beds
1 bath
$2,525
Apartment for rent
1d ago
Townhouse for rent in Monterey
2 beds
2.5 baths
$8,500
House for rent
5d+ ago
Monterey Vista house for rent in Monterey
3 beds
3 baths
$7,200
House for rent
5d+ ago
New Monterey house for rent in Monterey
1571 David Ave #1, Monterey, CA 93940
3 beds
2 baths
$6,000
House for rent
Available Jan 1
17h ago
House for rent in Monterey
3 beds
2.5 baths
$6,199
$5,999
Price drop
House for rent
Available Jul 10
5d+ ago
Verified
201 Glenwood Cir, Monterey, CA 93940
1–2 beds
1–2 baths
$2,600–$3,455
Price drop
Apartment for rent
Available Jul 21
12h ago
House for rent in Monterey
1 bed
1 bath
$2,000
House for rent
1d ago
77 Porta Vista Dr, Monterey, CA 93940
Studio
1 bath
$1,900
Apartment for rent
1d ago
Townhouse for rent in Monterey
2 beds
2.5 baths
$8,500
House for rent
5d+ ago
Verified
201 Glenwood Cir, Monterey, CA 93940
1–2 beds
1–2 baths
$2,600–$3,455
Price drop
Apartment for rent
Available Jul 21
5d+ ago
122 Seeno St, Monterey, CA 93940
2 beds
1 bath
$2,750
Apartment for rent
1d ago
504 Mcclellan Ave, Monterey, CA 93940
2 beds
2 baths
$3,400
Apartment for rent
5d+ ago
832 Hawthorne St, Monterey, CA 93940
1 bed
1 bath
$1,875
Apartment for rent
5d+ ago
Verified
201 Glenwood Cir, Monterey, CA 93940
2 beds
2 baths
Call for price
Price drop
Apartment for rent
Available Aug 11
12h ago
House for rent in Monterey
1 bed
1 bath
$2,000
House for rent
15h ago
491 Hawthorne St, Monterey, CA 93940
1 bed
1 bath
$2,325
Apartment for rent
17h ago
House for rent in Monterey
3 beds
2.5 baths
$6,199
$5,999
Price drop
House for rent
Available Jul 10
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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 $2,750 per month as of July 18, 2026.
Is rent up or down in Monterey?
Average rent prices in Monterey have increased by 2% over the last month and have increased by 5% since last year.
How does Monterey rent compare to the national average?
Rent in Monterey is 41% above the national average, which means renters are paying approximately $805 more per month.
Which neighborhoods are most affordable in Monterey?
The most affordable neighborhoods in Monterey are Old Monterey Business District ($2,425/mo), Casanova Oak Knoll ($2,700/mo), and Del Monte Grove Laguna Grande ($2,775/mo).
What salary do I need to afford rent in Monterey?
To comfortably afford rent in Monterey, you'd need to earn approximately $110,000/year, based on spending no more than 30% of your income on rent.
When is the best time of year to rent in Monterey?
Based on Zumper's July 2026 data, one-bedroom apartments in Monterey average around $2,160/month and two-bedrooms approximately $3,030/month.
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).