Bedroom count
Property type
Last updated on October 21, 2026
Average rent in
Monterey, CA
Average rent in
Last updated on October 21, 2026
Bedroom count
Property type
Key takeaways for renters
Where Monterey rent stands today
Monterey, CA rent rose 3.9% year over year, with a current median of $2,650/month. Renters today are paying $209 more per month on average than last year, following a recent peak of $2,695 in July 2026.
Compared to national trends
Monterey runs 39.5% more expensive than the $1,900/month national median, placing it among pricier coastal metros with a small total rental inventory of 59 units.
Rent ranges by bedroom
Studios in Monterey, CA rent for $1,995/month, 1-bedrooms for $2,225/month, and 2-bedrooms for $2,972/month, with 3-bedrooms at $4,350/month and 4+ bedrooms at $5,500/month. These figures reflect the range renters face by bedroom count.
Median rent
Median rent in Monterey
$2,650/mo
4%vs previous year
The average rent in Monterey is $2,650 per month as of October 2026. This is 39% above the national average rent, or $750 more per month.
average price per square foot
Total rentals
Available rentals in Monterey
59
for rent on Zumper.com as of October 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 6% over the last month and have increased by 4% 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 $2,350, whereas a house costs $4,275. 1-bedroom apartments in Monterey run $2,200 on average, while 2-bedroom apartments are $2,797.
Listings | ||||
|---|---|---|---|---|
Studio | $1,995 | 7% | 6% | |
1 bedroom | $2,225 | No Change | 3% | |
2 bedroom | $2,972 | 5% | 8% | |
3 bedroom | $4,350 | 3% |  5% | |
4 bedroom | $5,500 | 3% | 17% |
Listings | ||
|---|---|---|
Casanova Oak Knoll | $3,398 | |
Del Monte Grove Laguna Grande | $3,000 | |
Monterey Vista | $2,850 | |
New Monterey | $2,622 | |
Old Monterey Business District | $2,875 | |
Old Town | $2,850 | |
Skyline Forest | $3,395 | |
Villa Del Monte | $2,400 |
Listings | ||||
|---|---|---|---|---|
Apartments | $2,350 | No Change | 1% | |
Condos | $3,175 | No Change | 7% | |
Houses | $4,275 | 4% | 11% |
Studio
Average rent
$1,995
Last 30 days
7%
Last year
6%
1 bedroom
Average rent
$2,225
Last 30 days
No Change
Last year
3%
2 bedroom
Average rent
$2,972
Last 30 days
5%
Last year
8%
3 bedroom
Average rent
$4,350
Last 30 days
3%
Last year
5%
4 bedroom
Average rent
$5,500
Last 30 days
3%
Last year
17%
New Monterey
Average rent
$2,622
Old Monterey Business District
Average rent
$2,875
Monterey Vista
Average rent
$2,850
Villa Del Monte
Average rent
$2,400
Casanova Oak Knoll
Average rent
$3,398
Old Town
Average rent
$2,850
Del Monte Grove Laguna Grande
Average rent
$3,000
Skyline Forest
Average rent
$3,395
Apartments
Average rent
$2,350
Last 30 days
No Change
Last year
1%
Condos
Average rent
$3,175
Last 30 days
No Change
Last year
7%
Houses
Average rent
$4,275
Last 30 days
4%
Last year
11%
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
39%higher than the national median
32%higher than the national median
Takeaway
The median rent for all rentals in Monterey, CA is 6% higher than the median rent in Carmel By The Sea, CA.
Average rent in nearby cities
Explore rent trends in neighboring markets
$2,500
33%$5,595
28%$3,398
$3,800
16%$4,135
2%$3,350
6%$2,500
1%$3,336
5%$3,561
5%$3,200
8%$2,875
7%$3,810
5%Discover rentals in Monterey, CA
3d ago
140 W Franklin St, Monterey, CA 93940
Studio
-1 baths
$975–$1,395
Apartment for rent
1h ago
224 Watson St, Monterey, CA 93940
2 beds
1 bath
$2,550
Apartment for rent
5d+ ago
5 Monte Vista Dr, Monterey, CA 93940
2 beds
1 bath
$2,750
Apartment for rent
11h ago
412 Dela Vina Ave, Monterey, CA 93940
2 beds
1 bath
$2,795
Apartment for rent
5d+ ago
Townhouse for rent in Monterey
2 beds
2.5 baths
$6,992
House for rent
5d+ ago
Townhouse for rent in Monterey
2 beds
3 baths
$5,495
Price dropped $1,005House for rent
5h ago
Condo for rent in Monterey
2 beds
2 baths
$4,795
Price dropped $200Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Condo for rent
Available Oct 11
5d+ ago
680 Cortes St, Monterey, CA 93940
1 bed
1 bath
$3,250
Apartment for rent
4d ago
Verified
201 Glenwood Cir, Monterey, CA 93940
1–2 beds
1–2 baths
$2,400–$3,455
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Apartment for rent
Available Oct 13
5h ago
1107 Mcclellan Ave, Monterey, CA 93940
3 beds
1 bath
$3,500
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Apartment for rent
4d ago
470 Spencer St, Monterey, CA 93940
2 beds
1 bath
$2,800
Apartment for rent
4d ago
Casanova Oak Knoll apartment for rent in Monterey
2 beds
1 bath
$3,195
Apartment for rent
4d ago
Verified
201 Glenwood Cir, Monterey, CA 93940
1–2 beds
1–2 baths
$2,400–$3,455
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Apartment for rent
Available Oct 13
11h ago
412 Dela Vina Ave, Monterey, CA 93940
2 beds
1 bath
$2,795
Apartment for rent
2d ago
725 Spencer St, Monterey, CA 93940
1 bed
1 bath
$2,350
Apartment for rent
5d+ ago
871 Alice St, Monterey, CA 93940
2 beds
1 bath
$2,875
Apartment for rent
1h ago
224 Watson St, Monterey, CA 93940
2 beds
1 bath
$2,550
Apartment for rent
3h ago
460 Ramona Ave, Monterey, CA 93940
1 bed
1 bath
$2,275
Apartment for rent
4h ago
832 Hawthorne St, Monterey, CA 93940
1 bed
1 bath
$1,875–$2,025
Apartment for rent
5h ago
1107 Mcclellan Ave, Monterey, CA 93940
3 beds
1 bath
$3,500
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Apartment for rent
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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 $2,650 per month as of October 17, 2026.
Is rent up or down in Monterey?
Average rent prices in Monterey have increased by 6% over the last month and have increased by 4% since last year.
How does Monterey rent compare to the national average?
Rent in Monterey is 39% 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 Villa Del Monte ($2,400/mo), New Monterey ($2,622/mo), and Monterey Vista ($2,850/mo).
What salary do I need to afford rent in Monterey?
To comfortably afford rent in Monterey, you'd need to earn approximately $106,000/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).