Market Summary

Monterey, Monterey County, CA

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Median Home Price Price

$1,141,320 $1.1M

Median Monthly Rent Rent

$2,805 $2.8K

GRM

34.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Monterey County

Region Price Rent GRM Display
$1,344,083 $2,889 39.0x
$853,060 $2,444 29.0x

Home prices

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Monthly rent

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GRM

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Similar markets within CA outside of Monterey County

Region Price Rent GRM Display
$870,962 $2,473 29.0x
$1,114,925 $2,313 40.0x
$1,026,724 $3,018 28.0x
$882,604 $3,008 24.0x
$1,036,215 $2,734 32.0x
$494,183 $2,420 17.0x
$1,096,233 $2,486 37.0x
$804,299 $2,538 26.0x
$784,426 $2,824 23.0x
$1,335,810 $2,497 45.0x
$529,876 $2,562 17.0x
$1,016,173 $2,879 29.0x
$874,097 $2,711 27.0x
$795,189 $3,190 21.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of CA

Region Price Rent GRM Display
$721,486 $2,265 27.0x
$786,867 $2,135 31.0x
$463,301 $2,476 16.0x
$577,012 $1,176 41.0x
$744,924 $2,997 21.0x
$480,424 $1,173 34.0x
$449,927 $1,195 31.0x
$530,716 $1,140 39.0x
$469,981 $2,389 16.0x
$392,566 $2,358 14.0x
$884,619 $2,253 33.0x
$499,846 $2,479 17.0x
$834,693 $1,759 39.0x
$462,070 $1,126 34.0x
$279,216 $691 34.0x
$781,323 $1,471 44.0x
$883,596 $1,548 47.0x
$405,335 $2,286 15.0x

Home prices

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Monthly rent

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GRM

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Monterey

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Trend Insights

Median Rent in Monterey, CA is $2,805, with MoM change +$13 and YoY change +$35 pointing to positive momentum while volatility is low (std $14).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Monterey, CA.

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Monterey, CA
Compare market Select a market
Delta vs base
Median rent
$2,805
N/A
Median price
$1,141,320
N/A
YoY change
+$35
N/A
Price-to-rent
33.9x
Data unavailable
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