Monterey, CA rental market

What is the average rent in Monterey, CA?

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Last updated November 1, 2026

Rental market summary

The average rent for all bedrooms and all property types in Monterey, CA is $2,843.

Average rent

$2,843

Month-over-monthMoM change

+$43

Year-over-yearYoY change

+$271

Available rentals

114

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,325 to $6,992.

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Rent frequencies
Rent priceNumber of rental properties
$1,3001
$1,6001
$1,7003
$1,8003
$1,9006
$2,0004
$2,1009
$2,2008
$2,3005
$2,40011
$2,5005
$2,6005
$2,7008
$2,8005
$2,90010
$3,0005
$3,1001
$3,2002
$3,3003
$3,4003
$3,5001
$3,6001
$3,8001
$3,9006
$4,0002
$4,1001
$4,2003
$4,3001
$4,4004
$4,5005
$4,6003
$4,7003
$4,8002
$4,9003
$5,000+12

Average rent price over time

In the last year, rent has increased by $271 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$2,600$2,814
Feb$2,750$2,750
Mar$2,500$2,800
Apr$2,597$2,795
May$2,700$2,800
Jun$2,800$2,850
Jul$2,700$2,980
Aug$2,795$2,900
Sep$2,800$2,978
Oct$2,650$2,795
Nov$2,550$2,843
Dec$2,900No data

Market temperature

The Monterey, CA rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Monterey, CA is 42% higher than the national average.

Monterey, CAvs.
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$2,843

$2,000

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Frequently asked questions

1. What is the average rent in Monterey, CA?

The average rent in Monterey, CA is $2,843.

2. What is the average rent for a studio apartment in Monterey, CA?

The average rent for a studio apartment in Monterey, CA is $1,900 per month.

3. What is the average rent for a one-bedroom apartment in Monterey, CA?

The average rent for a one-bedroom apartment in Monterey, CA is $2,325 per month.

4. What is the average rent for a two-bedroom apartment in Monterey, CA?

The average rent for a two-bedroom apartment in Monterey, CA is $3,050 per month.

5. What is the average rent for a three-bedroom apartment in Monterey, CA?

The average rent for a three-bedroom apartment in Monterey, CA is $4,500 per month.

6. What is the average rent for a four-bedroom apartment in Monterey, CA?

The average rent for a four-bedroom apartment in Monterey, CA is $5,128 per month.

7. How much does it cost to rent a house in Monterey, CA?

Houses in Monterey, CA rent between $1,325 - $6,992 with an average rent of $2,843.

8. How has the rent in Monterey, CA changed in the last year?

In the last year, the rent in Monterey, CA increased by $271

9. How much has the rent in Monterey, CA increased/decreased in the last month?

In the last month, the rent in Monterey, CA increased by $43

10. How many available rentals are there in Monterey, CA?

There are currently 114 rentals available in Monterey, CA.

11. How do rent prices in Monterey, CA compare with the national average?

The average rent in Monterey, CA is $2,843 — 42.15% higher the national average of $2,000.

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