How much is a 2-bedroom apartment in Monterey, CA?

Name: Rent by bedrooms in Monterey, CA, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

In Monterey, CA, the median gross rent for a two-bedroom home is $2,424 (±$75) a month (2020–2024 American Community Survey, table B25031).

A one-bedroom home rents for a median of $2,001 (±$126).

A three-bedroom home rents for a median of $3,500 or more.

HUD’s fiscal year 2027 Fair Market Rent for a two-bedroom home in the Salinas, CA MSA is $2,416.

Figures last updated on November 12, 2026.

Studio: $1,910 (±$281)
1 bedroom: $2,001 (±$126)
2 bedrooms: $2,424 (±$75)
3 bedrooms: $3,500 or more

Rent by bedroom count in Monterey

Median gross rent by number of bedrooms, estimate (90% margin of error)
	Monterey	Monterey County	California	United States
Studio	$1,910 (±$281)	$1,650 (±$71)	$1,598 (±$13)	$1,248
1 bedroom	$2,001 (±$126)	$1,732 (±$48)	$1,780 (±$6)	$1,235
2 bedrooms	$2,424 (±$75)	$2,088 (±$37)	$2,103 (±$6)	$1,407
3 bedrooms	$3,500 or more	$2,408 (±$76)	$2,351 (±$11)	$1,584
4 bedrooms	$3,500 or more	$2,592 (±$136)	$2,809 (±$22)	$1,957
5 or more bedrooms	$3,500 or more	$3,253 (±$710)	$3,121 (±$59)	$2,074

A median for a bedroom size is published only where enough renting households of that size were surveyed; a dash means the Census Bureau did not publish one.

Census rents against HUD’s Fair Market Rent, fiscal year 2027

Dollars a month; the Fair Market Rent is for the Salinas, CA MSA
	Census median, this place	HUD Fair Market Rent
1 bedroom	$2,001 (±$126)	$2,009
2 bedrooms	$2,424 (±$75)	$2,416
3 bedrooms	$3,500 or more	$3,261

A Fair Market Rent is HUD’s estimate of the gross rent of a modest rental home across the whole HUD area, set for the voucher program; the Census median is what renting households in this place reported paying.

The two answer different questions and are not expected to match.

Median gross rent, 2 bedrooms in places near Monterey

Nearest places with a published estimate, compared with Monterey
Place	Distance	Median gross rent, 2 bedrooms	Compared with this place
Monterey	—	$2,424 (±$75)	—
Sand City	2.4 mi	$2,107 (±$556)	Not measurably different
Pacific Grove	2.8 mi	$2,638 (±$173)	Higher
Del Rey Oaks	3.1 mi	$2,775 (±$72)	Higher
Del Monte Forest	3.7 mi	$3,500 or more	—
Carmel-by-the-Sea	4.0 mi	$3,172 (±$401)	Higher
Seaside	4.0 mi	$2,198 (±$119)	Lower
Marina	7.5 mi	$2,058 (±$108)	Lower
Carmel Valley Village	11 mi	$2,513 (±$488)	Not measurably different

Nearby places with a measurably lower figure: Seaside, CA ($2,198), Marina, CA ($2,058).

Nearby places with a measurably higher figure: Pacific Grove, CA ($2,638), Del Rey Oaks, CA ($2,775), Carmel-by-the-Sea, CA ($3,172).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median gross rent, 2 bedrooms across Monterey County, place by place

Rank	Place	Median gross rent, 2 bedrooms
1	Del Monte Forest	$3,500 or more
2	Carmel-by-the-Sea	$3,172 (±$401)
3	Del Rey Oaks	$2,775 (±$72)
4	Pacific Grove	$2,638 (±$173)
5	Carmel Valley Village	$2,513 (±$488)
6	Monterey	$2,424 (±$75)
7	Elkhorn	$2,313 (±$900)
8	Boronda	$2,203 (±$1,613)
9	Seaside	$2,198 (±$119)
10	Sand City	$2,107 (±$556)
11	Pajaro	$2,102 (±$1,314)
12	Salinas	$2,065 (±$62)

Showing 12 of 20 places in Monterey County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

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Questions about Monterey

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).

How much is a two-bedroom apartment in Monterey?

The median gross rent for a two-bedroom home in Monterey, CA is $2,424 (±$75) a month (2020–2024 American Community Survey).

How much does a three-bedroom rental cost in Monterey?

The median gross rent for a three-bedroom home in Monterey, CA is $3,500 or more a month (2020–2024 American Community Survey).

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year detailed tables (acs/acs5) 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 API needs a free key.

Request a Census API key.

B25031_002E, B25031_002M, B25031_003E, B25031_003M, B25031_004E, B25031_004M, B25031_005E, B25031_005M, B25031_006E, B25031_006M, B25031_007E, B25031_007M

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.