What is the median rent in Carmel Valley Village, CA?
The median gross rent in Carmel Valley Village, CA is $2,211 (±$676) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 398 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Carmel Valley Village, the median gross rent went from $1,862 in 2015–2019 to $2,211 in 2020–2024 (+18.7%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median gross rent
- $2,211 (±$676)
- Rented homes
- 398 (±136)
- $2,000 or more
- 56.8%
- Since 2015–2019
- +18.7%
How much rent costs in Carmel Valley Village
| Monthly gross rent | Carmel Valley Village | Monterey County | California | United States |
|---|---|---|---|---|
| Less than $500 | 16.3% (±18.3 points) | 3.1% | 3.6% | 6.3% |
| $500 to $999 | 5.0% (±8.7 points) | 6.1% | 7.2% | 20.2% |
| $1,000 to $1,499 | 14.8% (±12.6 points) | 14.9% | 16.2% | 28.1% |
| $1,500 to $1,999 | 7.0% (±7.9 points) | 23.0% | 21.5% | 21.1% |
| $2,000 to $2,499 | 16.1% (±12.9 points) | 25.4% | 19.8% | 12.0% |
| $2,500 to $2,999 | 14.1% (±19.3 points) | 12.5% | 12.5% | 5.5% |
| $3,000 or more | 26.6% (±14.6 points) | 14.9% | 19.1% | 6.8% |
The most common range is $3,000 or more, paid by 26.6% of renting households.
56.8% of rented homes in Carmel Valley Village cost $2,000 or more a month.
Carmel Valley Village against Monterey County, its state and the nation
| Carmel Valley Village | Monterey County | California | United States | |
|---|---|---|---|---|
| Median gross rent | $2,211 (±$676) | $2,055 (±$32) | $2,036 (±$5) | $1,413 |
| Rented homes paying rent | 398 (±136) | 61,515 (±1,260) | 5,783,331 (±22,650) | 42,849,984 |
In Carmel Valley Village, median gross rent is not measurably different from Monterey County ($2,055).
It is not measurably different from California ($2,036).
It is higher than the national figure ($1,413).
In Monterey County, Carmel Valley Village ranks 8 of 21 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 321 of 1,010.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Carmel Valley Village has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $1,862 (±$912) | $2,211 (±$676) | +18.7% | No measurable change after inflation |
| Households that rent | 27.4% (±8.8 points) | 20.8% (±6.7 points) | −6.6 percentage points | Not a measurable change |
| Rental vacancy rate | 0.0% (±7.4 points) | 14.1% (±17.2 points) | +14.1 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median gross rent in places near Carmel Valley Village
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Carmel Valley Village | — | $2,211 (±$676) | — |
| Del Rey Oaks | 8.2 mi | $3,298 (±$148) | Higher |
| Seaside | 9.8 mi | $2,409 (±$116) | Not measurably different |
| Sand City | 11 mi | $2,316 (±$640) | Not measurably different |
| Monterey | 11 mi | $2,353 (±$60) | Not measurably different |
| Carmel-by-the-Sea | 11 mi | $2,707 (±$489) | Not measurably different |
| Marina | 13 mi | $2,101 (±$117) | Not measurably different |
| Del Monte Forest | 13 mi | $3,500 or more | — |
| Pacific Grove | 14 mi | $2,455 (±$129) | Not measurably different |
Nearby places with a measurably higher figure: Del Rey Oaks, CA ($3,298).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Monterey County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 2 | Del Rey Oaks | $3,298 (±$148) |
| 3 | Carmel-by-the-Sea | $2,707 (±$489) |
| 4 | Pacific Grove | $2,455 (±$129) |
| 5 | Seaside | $2,409 (±$116) |
| 6 | Monterey | $2,353 (±$60) |
| 7 | Sand City | $2,316 (±$640) |
| 8 | Carmel Valley Village | $2,211 (±$676) |
| 9 | Boronda | $2,112 (±$323) |
| 10 | Marina | $2,101 (±$117) |
| 11 | Elkhorn | $2,000 (±$1,962) |
| 12 | Salinas | $1,991 (±$47) |
| 13 | Las Lomas | $1,969 (±$1,149) |
| 14 | Castroville | $1,948 (±$576) |
Showing 13 of 21 places in Monterey County, ranked from highest to lowest.
Carmel Valley Village is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Carmel Valley Village
What is the average rent in Carmel Valley Village, CA?
The Census Bureau publishes the median rather than the average: the median gross rent in Carmel Valley Village is $2,211 (±$676) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in Carmel Valley Village?
In Carmel Valley Village, the median gross rent went from $1,862 in 2015–2019 to $2,211 in 2020–2024 (+18.7%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
How many rentals in Carmel Valley Village cost more than $2,000 a month?
56.8% of rented homes in Carmel Valley Village have a gross rent of $2,000 or more a month, and 16.3% cost less than $500.
Is rent in Carmel Valley Village higher than in Monterey County?
In Carmel Valley Village, median gross rent is not measurably different from Monterey County ($2,055).
It is not measurably different from California ($2,036).
It is higher than the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Carmel Valley Village CDP, California
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Carmel Valley Village CDP, California
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Carmel Valley Village CDP, California
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Carmel Valley Village CDP, California (place:11324, in state:06).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Population growth in Carmel Valley Village
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- California landlord and tenant rules
- Housing across Monterey County
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- Housing data for every place in California