Monterey Park, Monterey County, CA

Median Home Price Price

$818,760 $818.8K

Median Monthly Rent Rent

$2,916 $2.9K

23.0x

Market Snapshot

Monterey Park, Monterey County, CA is a neighborhood market with a median home price of $818,760, a median monthly rent of $2,916, a GRM of 23.0x, and a price-to-rent ratio of 23.4.

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.

More markets to explore

Explore the data
Region Show
Village Heights
$668K $3.0K 19.0x
Santa Rita
$652K $2.9K 19.0x
Hartnell Park Explore deeper
$774K $2.9K 22.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Redwood, Ventura County, CA Explore deeper
$701K $2.6K 22.0x
Sierra Linda, Ventura County, CA
$760K $2.6K 24.0x
Hobson Park East, Ventura County, CA
$590K $2.3K 21.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Zemosa Acres, Cabarrus County, NC
$572K $1.9K 25.0x
Lincoln, Clark County, WA
$491K $1.9K 22.0x
Carolando, Cabarrus County, NC
$507K $1.9K 23.0x

Home prices

Monthly rent

GRM = home price / annual rent

Monterey Park

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Benchmark comparison

Rent in Monterey Park, CA is 1.9% lower than Village Heights, CA.

Compare to Village Heights, CA
Monterey Park, CA
Village Heights, CA
Delta
Median rent
$2,916
$2,973
+$57
Median price
$818,760
$668,377
-$150,383
YoY change
+$117
+$91
-$26
Price-to-rent
23.4x
18.7x
-4.7x

Key takeaways

  • Monterey Park, Monterey County, CA has a higher-grm screening profile: At 23.0x 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 $117 year over year.
  • Rent in Monterey Park, CA is 1.9% lower than Village Heights, CA.