Market Summary

Monterey Park, Monterey County, CA

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Median Home Price Price

$818,760 $818.8K

Median Monthly Rent Rent

$2,916 $2.9K

GRM

23.0x

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
$668,377 $2,973 19.0x
$651,883 $2,915 19.0x
$773,993 $2,881 22.0x
$687,369 $2,883 20.0x
$660,931 $2,917 19.0x
$691,838 $2,957 19.0x
$762,675 $2,921 22.0x
$661,026 $2,948 19.0x
$611,908 $2,953 17.0x
$664,049 $2,920 19.0x
$739,136 $2,885 21.0x

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

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
$491,053 $1,878 22.0x
$506,570 $1,868 23.0x
$817,072 $2,909 23.0x
$541,322 $1,947 23.0x
$651,139 $2,880 19.0x
$576,057 $2,151 22.0x
$1,170,057 $2,895 34.0x
$513,744 $1,813 24.0x
$650,385 $2,578 21.0x
$577,438 $2,005 24.0x
$653,544 $1,864 29.0x
$557,818 $2,633 18.0x

Home prices

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Monthly rent

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GRM

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Monterey Park

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Trend Insights

Median Rent in Monterey Park, CA is $2,916, with MoM change +$19 and YoY change +$117 pointing to positive momentum while volatility is low (std $26).

Benchmark Markets Side by Side

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Metric
Base market Monterey Park, CA
Compare market Select a market
Delta vs base
Median rent
$2,916
N/A
Median price
$818,760
N/A
YoY change
+$117
N/A
Price-to-rent
23.4x
Data unavailable
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