Housing data for Monterey, CA
Monterey, CA has an estimated 29,613 residents and 14,136 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a city in Monterey County.
63.8% of households rent.
The median gross rent is $2,353 a month.
Its population grew measurably since 2015–2019 (+4.4%).
Figures last updated on .
- Residents
- 29,613 (±34)
- Housing units
- 14,136 (±460)
- Households that rent
- 63.8%
- Median gross rent
- $2,353
- Residents since 2015–2019
- +4.4%
What stands out in Monterey
Working from home: 23.0% (±3.4 points) in Monterey, higher than in Monterey County (9.8%).
Households that moved in since 2020: 34.8% (±3.3 points) in Monterey, higher than in Monterey County (21.0%).
Homes in buildings of 5 or more units: 28.8% (±3.4 points) in Monterey, higher than in Monterey County (17.6%).
Median home value: $1,076,300 (±$34,046) in Monterey, higher than in Monterey County ($781,000).
- Commute and cars in Monterey
- How long people stay in Monterey
- Types of homes in Monterey
- Home values in Monterey
Housing in Monterey at a glance
- Median rent: $2,353 median gross rent a month
- Rent by bedrooms: $2,424 median gross rent, 2 bedrooms
- Rent burden: 56.1% of renters pay 30% or more of income
- Renters and owners: 63.8% of households rent
- Income and affordability: $102,846 median household income
- Home values: $1,076,300 median home value
- Homeowner costs: $3,137 median monthly cost with a mortgage
- Property taxes: $6,071 median real estate taxes a year
- Types of homes: 28.8% of homes are in buildings of 5 or more units
- Bedrooms: 36.4% of homes have 3 or more bedrooms
- Age of homes: 69.7% of homes were built before 1980
- Vacancy rate: 3.6% rental vacancy rate
- Heating fuel: 65.3% heat with utility gas
- Commute and cars: 18.5 minutes average trip to work
- Crime reported to police: 348 violent crimes per 100,000 residents
- Growth: +4.4% residents since 2015–2019
- How long people stay: 34.8% moved in since 2020
- Crowding and facilities: 5.5% of homes have more than 1 person per room
Monterey against Monterey County, its state and the nation
| Monterey | Monterey County | California | United States | |
|---|---|---|---|---|
| Residents | 29,613 (±34) | 437,613 (exact) | 39,287,377 (exact) | 334,922,499 |
| Housing units | 14,136 (±460) | 145,469 (±143) | 14,644,735 (±1,665) | 143,775,355 |
| Households that rent | 63.8% (±3.2 points) | 47.9% (±1.0 points) | 44.1% (±0.2 points) | 34.8% |
| Median gross rent | $2,353 (±$60) | $2,055 (±$32) | $2,036 (±$5) | $1,413 |
| Median household income | $102,846 (±$7,149) | $97,230 (±$1,883) | $99,122 (±$310) | $80,734 |
| Median home value | $1,076,300 (±$34,046) | $781,000 (±$13,801) | $734,700 (±$1,307) | $332,700 |
| Median real estate taxes (a year) | $6,071 (±$810) | $4,910 (±$119) | $5,124 (±$17) | $3,119 |
| Built before 1980 | 69.7% (±5.2 points) | 58.4% (±1.3 points) | 56.0% (±0.2 points) | 49.7% |
| Average commute | 18.5 minutes (±1.7) | 25.4 minutes (±0.4) | 28.7 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 94.6% (±1.4 points) | 93.8% (±0.4 points) | 93.5% (±0.1 points) | 91.0% |
| Median age of residents | 37.5 years (±2.5) | 35.5 years (±0.1) | 37.9 years (±0.1) | 38.9 years |
Monterey covers 8.6 square miles of land, about 3,425 residents per square mile (Census Bureau Gazetteer).
How Monterey has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 28,352 (±56) | 29,613 (±34) | +4.4% | Measurable increase |
| Housing units | 13,510 (±520) | 14,136 (±460) | +4.6% | Not a measurable change |
| Median gross rent | $1,793 (±$43) | $2,353 (±$60) | +31.2% | Up after inflation |
| Median home value | $782,500 (±$32,711) | $1,076,300 (±$34,046) | +37.5% | Up after inflation |
| Median household income | $80,694 (±$5,181) | $102,846 (±$7,149) | +27.5% | No measurable change after inflation |
| Median owner cost with a mortgage | $2,930 (±$184) | $3,137 (±$288) | +7.1% | Down after inflation |
| Median real estate taxes | $4,879 (±$444) | $6,071 (±$810) | +24.4% | No measurable change after inflation |
| Households that rent | 62.1% (±2.4 points) | 63.8% (±3.2 points) | +1.7 percentage points | Not a measurable change |
| Rental vacancy rate | 5.1% (±2.5 points) | 3.6% (±1.7 points) | −1.5 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.
Crime reported to police in Monterey
In 2025, the Monterey Police Department reported 348 violent and 1,365 property crimes per 100,000 residents to the FBI.
Across Monterey County, the departments that report recorded 424 violent and 1,143 property crimes per 100,000 residents that year.
ZIP codes in Monterey
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 93943 | 100% | 10 | — | — | — |
| 93944 | 99% | 2,665 | — | — | — |
| 93940 | 23% | 30,605 | $2,364 | $1,099,300 | $106,044 |
A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.
Places near Monterey
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Sand City | 2.4 mi | $2,316 | $1,080,400 | 81.5% |
| Pacific Grove | 2.8 mi | $2,455 | $1,190,400 | 49.6% |
| Del Rey Oaks | 3.1 mi | $3,298 | $835,800 | 23.9% |
| Del Monte Forest | 3.7 mi | $3,500 or more | $2,000,000 or more | 12.8% |
| Carmel-by-the-Sea | 4.0 mi | $2,707 | $2,000,000 or more | 39.9% |
| Seaside | 4.0 mi | $2,409 | $787,100 | 64.6% |
| Marina | 7.5 mi | $2,101 | $818,700 | 57.1% |
| Carmel Valley Village | 11 mi | $2,211 | $1,275,500 | 20.8% |
Places in California most like Monterey
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Twin Lakes | $2,344 | $959,100 | $90,087 | 59.2% |
| Costa Mesa | $2,446 | $1,115,100 | $111,505 | 60.4% |
| Santa Barbara | $2,413 | $1,570,800 | $106,182 | 60.1% |
| Goleta | $2,437 | $1,062,100 | $122,370 | 49.3% |
| East Palo Alto | $2,244 | $1,102,600 | $113,493 | 50.9% |
| Santa Cruz | $2,452 | $1,209,000 | $115,475 | 51.6% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across California.
HUD Fair Market Rent for Monterey, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $1,956 | $2,009 | $2,416 | $3,261 | $3,551 |
HUD income limits for Monterey, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $32,850 | $54,750 | $87,600 |
| 2 people | $37,550 | $62,600 | $100,100 |
| 3 people | $42,250 | $70,400 | $112,600 |
| 4 people | $46,900 | $78,200 | $125,100 |
| 5 people | $50,700 | $84,500 | $135,150 |
| 6 people | $54,450 | $90,750 | $145,150 |
| 7 people | $58,200 | $97,000 | $155,150 |
| 8 people | $61,950 | $103,250 | $165,150 |
These are the limits HUD sets for its housing programs in the Salinas, CA MSA, where HUD’s median family income for fiscal year 2026 is $110,500.
A program can use its own limits; tax-credit and local programs often do.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Monterey
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Monterey beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Monterey, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Monterey, and send estimates and invoices from your phone.
Questions about Monterey
What is the average rent in Monterey, CA?
The Census Bureau publishes the median rather than the average: the median gross rent in Monterey is $2,353 (±$60) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much is a one-bedroom apartment in Monterey?
The median gross rent for a one-bedroom home in Monterey, CA is $2,001 (±$126) a month (2020–2024 American Community Survey).
Are renters in Monterey rent-burdened?
56.1% of renting households in Monterey pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
How many renters are there in Monterey?
Monterey has an estimated 7,999 (±519) renting households, 63.8% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Monterey?
The median household income in Monterey is $102,846 (±$7,149) a year (2020–2024 American Community Survey).
What is the average home value in Monterey, CA?
The Census Bureau publishes the median: $1,076,300 (±$34,046) for owner-occupied homes in Monterey (2020–2024 American Community Survey).
Is Monterey growing?
In Monterey, the number of residents went from 28,352 in 2015–2019 to 29,613 in 2020–2024 (+4.4%), a measurable increase.
What ZIP codes are in Monterey?
The ZIP codes that cover Monterey are 93943, 93944, 93940.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Monterey city, California
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Monterey city, California
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Monterey city, California
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Monterey city, California
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Monterey city, California
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Monterey city, California
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Monterey city, California
- HUD Fair Market Rents, fiscal year 2027: Salinas, CA MSA
- HUD Income Limits, fiscal year 2026: Salinas, CA MSA
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- FBI Uniform Crime Reporting Program, Crime Data Explorer: Monterey Police Department (ORI CA0270600)
- FBI: Uniform Crime Reporting statistics and their proper use
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
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 Monterey city, California (place:48872, in state:06).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
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 .