Bedroom count
Property type
Last updated on September 5, 2026
Average rent in
Monterey, CA
Average rent in
Last updated on September 5, 2026
Bedroom count
Property type
Key takeaways for renters
Where Monterey rent stands today
Monterey, CA rent rose 8.2% year over year, with a current median of $2,700/month. Renters pay $87 more per month than last year despite a 5.4% month-over-month decline following the recent peak in July 2026.
Compared to national trends
Monterey rents run roughly 1.4× the $1,910/month national median, placing it among pricier coastal metros. The market has a small total rental inventory of 57 units, which shapes renter options.
Price ranges
Studios rent for $1,750/month, 1-bedrooms for $2,250/month, and 2-bedrooms for $2,875/month, with larger units reaching $5,400/month. Houses command a median of $4,800/month while apartments are priced around $2,400/month.
Neighborhood spotlight
Del Monte Grove Laguna Grande rents climbed 106.9% year over year to $3,300/month, contrasting with the citywide 8.2% rise. Skyline Forest rents fell 40.2% year over year to $2,975/month, showing notable divergence within Monterey's small rental market.
Median rent
Median rent in Monterey
$2,700/mo
8%vs previous year
The average rent in Monterey is $2,700 per month as of August 2026. This is 41% above the national average rent, or $790 more per month.
average price per square foot
Total rentals
Available rentals in Monterey
57
for rent on Zumper.com as of August 2026
Rent price distribution
Share of Monterey rentals at each price point
Rent trends in Monterey, CA
Average rent prices in Monterey have decreased by 5% over the last month and have increased by 8% 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 $4,800. 1-bedroom apartments in Monterey run $2,200 on average, while 2-bedroom apartments are $2,795.
Listings | ||||
|---|---|---|---|---|
Studio | $1,750 | 4% |  5% | |
1 bedroom | $2,250 | No Change | 12% | |
2 bedroom | $2,875 | 1% | 5% | |
3 bedroom | $4,800 | 6% | 2% | |
4 bedroom | $5,400 | 1% | 24% |
Listings | ||
|---|---|---|
Casanova Oak Knoll | $2,780 | |
Del Monte Grove Laguna Grande | $3,300 | |
Monterey Vista | $2,400 | |
New Monterey | $2,695 | |
Old Monterey Business District | $2,887 | |
Old Town | $3,100 | |
Skyline Forest | $2,975 | |
Villa Del Monte | $2,747 |
Listings | ||||
|---|---|---|---|---|
Apartments | $2,400 | 2% | No Change | |
Condos | $2,875 | 5% | No Change | |
Houses | $4,800 | 7% | No Change |
Studio
Average rent
$1,750
Last 30 days
4%
Last year
5%
1 bedroom
Average rent
$2,250
Last 30 days
No Change
Last year
12%
2 bedroom
Average rent
$2,875
Last 30 days
1%
Last year
5%
3 bedroom
Average rent
$4,800
Last 30 days
6%
Last year
2%
4 bedroom
Average rent
$5,400
Last 30 days
1%
Last year
24%
New Monterey
Average rent
$2,695
Old Monterey Business District
Average rent
$2,887
Monterey Vista
Average rent
$2,400
Casanova Oak Knoll
Average rent
$2,780
Old Town
Average rent
$3,100
Villa Del Monte
Average rent
$2,747
Skyline Forest
Average rent
$2,975
Del Monte Grove Laguna Grande
Average rent
$3,300
Apartments
Average rent
$2,400
Last 30 days
2%
Condos
Average rent
$2,875
Last 30 days
5%
Houses
Average rent
$4,800
Last 30 days
7%
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
102%higher than the national median
Takeaway
The median rent for all rentals in Monterey, CA is 30% lower than the median rent in Carmel By The Sea, CA.
Average rent in nearby cities
Explore rent trends in neighboring markets
$3,850
19%$5,350
31%$4,000
$2,747
15%$4,127
5%$3,175
15%$2,400
2%$3,418
11%$3,538
7%$3,400
9%$2,545
5%$3,757
7%Discover rentals in Monterey, CA
5h ago
140 W Franklin St, Monterey, CA 93940
Studio
-1 baths
$975–$1,395
Apartment for rent
18h ago
812 Laine St, Monterey, CA 93940
2 beds
1 bath
$2,300
Apartment for rent
5d+ ago
New Monterey apartment for rent in Monterey
2 beds
1 bath
$2,350
Apartment for rent
Available Sep 7
1d ago
599 W Franklin St, Monterey, CA 93940
2 beds
2 baths
$2,550
Price drop
Apartment for rent
5d+ ago
Townhouse for rent in Monterey
2 beds
2.5 baths
$6,992
House for rent
5d+ ago
Verified
14 Ocean Pines Ln, Monterey, CA 93953
2 beds
2 baths
$4,500
Condo for rent
Available Sep 1
2d ago
680 Cortes St, Monterey, CA 93940
1 bed
1 bath
$3,500
Apartment for rent
5d+ ago
Casanova Oak Knoll apartment for rent in Monterey
1 bed
1 bath
$2,780
Apartment for rent
16h ago
Verified
201 Glenwood Cir, Monterey, CA 93940
1–2 beds
1–2 baths
$2,400–$3,500
Apartment for rent
Available Sep 5
1d ago
New Monterey apartment for rent in Monterey
1 bed
1 bath
$1,995
Apartment for rent
Available Sep 22
1d ago
Casanova Oak Knoll house for rent in Monterey
3 beds
2 baths
$4,695
House for rent
Available Sep 3
1d ago
Casanova Oak Knoll condo for rent in Monterey
1 bed
1 bath
$2,000
Condo for rent
Available Oct 3
5d+ ago
Verified
14 Ocean Pines Ln, Monterey, CA 93953
2 beds
2 baths
$4,500
Condo for rent
Available Sep 1
16h ago
Verified
201 Glenwood Cir, Monterey, CA 93940
1–2 beds
1–2 baths
$2,400–$3,500
Apartment for rent
Available Sep 5
1d ago
122 Seeno St, Monterey, CA 93940
1 bed
1 bath
$2,250
Apartment for rent
18h ago
812 Laine St, Monterey, CA 93940
2 beds
1 bath
$2,300
Apartment for rent
5d+ ago
Verified
14 Ocean Pines Ln, Monterey, CA 93953
2 beds
2 baths
$4,500
Condo for rent
Available Sep 1
5h ago
140 W Franklin St, Monterey, CA 93940
Studio
-1 baths
$975–$1,000
Apartment for rent
10h ago
456 Spencer St, Monterey, CA 93940
2 beds
1 bath
$2,700
Apartment for rent
12h ago
Condo for rent in Monterey
1 bed
1 bath
$2,099
Condo for rent
Available Sep 4
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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 $2,700 per month as of August 29, 2026.
Is rent up or down in Monterey?
Average rent prices in Monterey have decreased by 5% over the last month and have increased by 8% 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 $790 more per month.
Which neighborhoods are most affordable in Monterey?
The most affordable neighborhoods in Monterey are Monterey Vista ($2,400/mo), New Monterey ($2,695/mo), and Villa Del Monte ($2,747/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?
July offers the best rental deals in Monterey, with rents running about 8.4% lower than the September peak season.
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).