Monterey, CA rental market

Choose another area

Last updated August 8, 2025

Rental market summary

The average rent for all bedrooms and all property types in Monterey, CA is $2,695.

Average rent

$2,695

Month-over-month change

-$100

Year-over-year change

+$45

Available rentals

111

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,595 to $6,500.

Rent frequencies
Rent priceNumber of rental properties
$1,5001
$1,6001
$1,7005
$1,8007
$1,9007
$2,0007
$2,1008
$2,2006
$2,3006
$2,4008
$2,5008
$2,60010
$2,7005
$2,8006
$2,9006
$3,0002
$3,1002
$3,2006
$3,3003
$3,4001
$3,5004
$3,6004
$3,7001
$3,8002
$3,9004
$4,0002
$4,1002
$4,2004
$4,3001
$4,4001
$4,5002
$4,6001
$4,8002
$4,9002
$5,000+7

Average rent price over time

In the last year, rent has increased by $45 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$2,595$2,600
Feb$2,500$2,750
Mar$2,400$2,500
Apr$2,400$2,597
May$2,375$2,700
Jun$2,495$2,800
Jul$2,495$2,700
Aug$2,495$2,795
Sep$2,716No data
Oct$2,675No data
Nov$2,700No data
Dec$2,595No data

Market temperature

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

hot

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Monterey, CA is 28% higher than the national average.

Monterey, CAvs.

$2,695

$2,100

Rent in Monterey, CA

We created a seamless online experience for you - from shopping on the largest rental network, to applying, to paying rent.

Explore Rentals

Frequently asked questions

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

The average rent in Monterey, CA is $2,695.

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

Houses in Monterey, CA rent between $1,595 - $6,500 with an average rent of $2,695.

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

In the last year, the rent in Monterey, CA increased by $45

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

In the last month, the rent in Monterey, CA decreased by $100

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

There are currently 111 rentals available in Monterey, CA.

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

The average rent in Monterey, CA is $2,695 — 28.33% higher the national average of $2,100.