What's the average rent in Monterey, CA?

Rental Market Trends in Monterey, CA

SOURCE: TRULIA DATA

Rental market highlights

As of November 2026, the average rent in Monterey, CA is $2,811 per month, which is 46% higher than the national average rent of $1,932 per month.

AVERAGE RENT

$2,811

-2.8%-$80 decrease month-over-month

8.4%$218 increase year-over-year

AVAILABLE RENTALS

114

APARTMENTS

$2,603

HOUSES

$4,300

TOWNHOUSES

$2,255

As of November 2026, townhomes are the most affordable rental option in Monterey, CA at $2,255 per month, while houses are the most expensive at $4,300 per month. Apartments average $2,603 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$2,295
2 Bedrooms	$3,050
3 Bedrooms	$4,500
4 Bedrooms	$5,295
All	$2,811

As of November 2026, the average rent for a 1 bedroom rental in Monterey, CA is $2,295 per month, followed by $3,050 for a 2 bedroom rental, $4,500 for a 3 bedroom rental, and $5,295 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$2,255
2 Bedrooms	—
3 Bedrooms	$4,495
4 Bedrooms	—
All	$2,255

As of November 2026, the average rent for a 1 bedroom townhome in Monterey, CA is $2,255 per month, followed by $4,495 for a 3 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$2,295
2 Bedrooms	$2,961
3 Bedrooms	$1,650
4 Bedrooms	—
All	$2,744

As of November 2026, the average rent for a 1 bedroom apartment in Monterey, CA is $2,295 per month, followed by $2,961 for a 2 bedroom apartment, and $1,650 for a 3 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$3,195
2 Bedrooms	$3,950
3 Bedrooms	$4,600
4 Bedrooms	$5,295
All	$4,300

As of November 2026, the average rent for a 1 bedroom house in Monterey, CA is $3,195 per month, followed by $3,950 for a 2 bedroom house, $4,600 for a 3 bedroom house, and $5,295 for a 4 bedroom house.