Monterey, CA Rental Market Trends

What is the average rent in Monterey?

The average rent for an apartment in Monterey is $2,589. The cost of rent varies depending on several factors, including location, size, and quality.

Average rent in Monterey, CA

Last updated July 2023

Average Rent	Average Apartment Size
$2,589	803 sq. ft.

What is the average apartment size in Monterey?

The average size for a Monterey, CA apartment is 803 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

Monterey, CA apartment rent ranges

Monterey, CA Occupied Housing Units

8,364 or 65% of the households in Monterey, CA are renter-occupied while 4,548 or 35% are owner-occupied.

Monterey, CA rent trends

Access comprehensive real estate data and information on Yardi Matrix

How Monterey Compares to Other Cities

City	Average Rent
Los Angeles	$2,742
San Francisco	$3,336
East Bay	$2,570
San Diego	$3,016
Long Beach	$2,579
Sacramento	$1,856
San Jose	$3,021
Oakland	$2,790
Fresno	$1,547
Inglewood	$2,570
Sunnyvale	$3,063
Mountain View	$3,283
Palo Alto	$3,402
San Mateo	$3,447
Fremont	$2,767
Menlo Park	$4,231
Santa Clara	$3,155
Hayward	$2,357
Redwood City	$3,447
Campbell	$2,791
Monterey	$2,589

What is the average price for a storage unit in Monterey?

The average rent for a non-climate-controlled 10'x10' storage unit in Monterey is $342.82. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.