Market Summary

Downtown, Monterey County, CA

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Median Home Price Price

$640,477 $640.5K

Median Monthly Rent Rent

$2,819 $2.8K

GRM

19.0x

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
$635,808 $2,856 19.0x

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
$447,423 $2,266 16.0x
$505,798 $2,471 17.0x
$477,260 $2,334 17.0x
$517,402 $2,516 17.0x
$1,427,547 $2,677 44.0x

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
$626,487 $2,535 21.0x
$336,119 $1,369 20.0x
$333,628 $1,599 17.0x
$326,279 $2,086 13.0x
$272,080 $1,423 16.0x
$294,619 $2,086 12.0x
$228,459 $1,307 15.0x
$277,810 $1,439 16.0x
$235,575 $1,190 17.0x
$345,616 $1,288 22.0x
$246,168 $1,294 16.0x
$201,644 $1,281 13.0x
$160,969 $1,423 9.0x
$704,707 $2,679 22.0x
$550,164 $2,189 21.0x
$242,796 $1,364 15.0x

Home prices

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Monthly rent

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GRM

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Downtown

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Trend Insights

Median Rent in Downtown, CA is $2,819, with MoM change +$13 and YoY change +$69 pointing to positive momentum while volatility is low (std $13).

Benchmark Markets Side by Side

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

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Metric
Base market Downtown, CA
Compare market Select a market
Delta vs base
Median rent
$2,819
N/A
Median price
$640,477
N/A
YoY change
+$69
N/A
Price-to-rent
18.9x
Data unavailable
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