Alta Mesa, Monterey County, CA

Median Home Price Price

$2,295,798 $2.3M

Median Monthly Rent Rent

$2,823 $2.8K

67.0x

Market Snapshot

Alta Mesa, Monterey County, CA is a neighborhood market with a median home price of $2,295,798, a median monthly rent of $2,823, a GRM of 67.0x, and a price-to-rent ratio of 67.8.

Comparable Markets

Use related neighborhood markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.

Within Monterey

No same-county alternatives are available for this market yet.

More markets to explore

Explore the data

No similar markets found for this scope.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Shannon Hills, Contra Costa County, CA
$1.19M $2.9K 34.0x
California Park, Marin County, CA Explore deeper
$1.27M $2.8K 37.0x
Downtown, Orange County, CA Explore deeper
$1.89M $3.2K 49.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Whitworth, Davidson County, TN
$1.32M $2.3K 47.0x
Lakewood, Clackamas County, OR
$959K $2.7K 29.0x
The Oaks, Orange County, NC Explore deeper
$1.61M $1.9K 72.0x

Home prices

Monthly rent

GRM = home price / annual rent

Alta Mesa

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Benchmark comparison

Compare Alta Mesa, CA to another market.

Compare to Shannon Hills, CA
Alta Mesa, CA
Shannon Hills, CA
Delta
Median rent
$2,823
N/A
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Median price
$2,295,798
N/A
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YoY change
+$225
N/A
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Price-to-rent
67.8x
Data unavailable
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Key takeaways

  • Alta Mesa, Monterey County, CA has a higher-grm screening profile: At 67.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $225 year over year.
  • Next discovery step: compare Shannon Hills, Contra Costa County, CA from the Within state set.