New Monterey, Monterey County, CA Housing Trends, Rent, Price-to-Rent

Market Summary

New Monterey, Monterey County, CA

Median Home Price Price

$1,108,702 $1.1M

Median Monthly Rent Rent

$2,937 $2.9K

GRM

31.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in New Monterey, CA is $2,937, with MoM change +$12 and YoY change +$4 pointing to positive momentum while volatility is low (std $22).

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Metric

Base market New Monterey, CA

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Delta vs base

Median rent

$2,937

N/A

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Median price

$1,108,702

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YoY change

+$4

N/A

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Price-to-rent

31.5x

Data unavailable

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