What percentage of people rent in Monterey, CA?

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

63.8% (±3.2 points) of the occupied homes in Monterey, CA are rented (2020–2024 American Community Survey).

That is 7,999 renting households against 4,535 that own their home.

In Monterey, the share of households that rent went from 62.1% in 2015–2019 to 63.8% in 2020–2024 (+1.7 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 63.8% (±3.2 points)
Renting households: 7,999 (±519)
Median renter income: $90,421 (±$6,451)

Who rents and who owns in Monterey

Tenure, estimate (90% margin of error)
	Monterey	Monterey County	California	United States
Renter-occupied share	63.8% (±3.2 points)	47.9% (±1.0 points)	44.1% (±0.2 points)	34.8%
Renting households	7,999 (±519)	63,496 (±1,278)	5,980,523 (±22,985)	45,017,354
Owning households	4,535 (±422)	68,993 (±1,365)	7,567,568 (±37,334)	84,210,142
Average renter household size	2.1 (±0.1)	3.3 (±0.1)	2.7 (±0.0)	2.3
Average owner household size	2.0 (±0.1)	3.0 (±0.0)	3.0 (±0.0)	2.6
Median renter household income	$90,421 (±$6,451)	$73,346 (±$3,092)	$71,186 (±$298)	$52,966
Median owner household income	$141,134 (±$17,879)	$125,231 (±$3,038)	$127,456 (±$424)	$100,009

In Monterey, the renter share is higher than in Monterey County (47.9%).

It is also higher than in California (44.1%).

It is higher than the national figure (34.8%).

In Monterey County, Monterey ranks 4 of 21 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 53 of 1,076.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Monterey has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	62.1% (±2.4 points)	63.8% (±3.2 points)	+1.7 percentage points	Not a measurable change
Median gross rent	$1,793 (±$43)	$2,353 (±$60)	+31.2%	Up after inflation
Median household income	$80,694 (±$5,181)	$102,846 (±$7,149)	+27.5%	No measurable change after inflation

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.

Households that rent in places near Monterey

Nearest places with a published estimate, compared with Monterey
Place	Distance	Households that rent	Compared with this place
Monterey	—	63.8% (±3.2 points)	—
Sand City	2.4 mi	81.5% (±7.8 points)	Higher
Pacific Grove	2.8 mi	49.6% (±3.1 points)	Lower
Del Rey Oaks	3.1 mi	23.9% (±6.8 points)	Lower
Del Monte Forest	3.7 mi	12.8% (±5.0 points)	Lower
Carmel-by-the-Sea	4.0 mi	39.9% (±11.4 points)	Lower
Seaside	4.0 mi	64.6% (±3.2 points)	Not measurably different
Marina	7.5 mi	57.1% (±3.1 points)	Lower
Carmel Valley Village	11 mi	20.8% (±6.7 points)	Lower

Nearby places with a measurably lower figure: Pacific Grove, CA (49.6%), Del Rey Oaks, CA (23.9%), Del Monte Forest, CA (12.8%).

Nearby places with a measurably higher figure: Sand City, CA (81.5%).

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

Households that rent across Monterey County, place by place

Rank	Place	Households that rent
1	Sand City	81.5% (±7.8 points)
2	Pajaro	68.7% (±12.3 points)
3	Seaside	64.6% (±3.2 points)
4	Monterey	63.8% (±3.2 points)
5	Boronda	59.4% (±20.2 points)
6	King City	57.9% (±7.6 points)
7	Marina	57.1% (±3.1 points)
8	Castroville	54.5% (±8.7 points)
9	Salinas	53.0% (±1.5 points)
10	Pacific Grove	49.6% (±3.1 points)

Showing 10 of 21 places in Monterey County, ranked from highest to lowest.

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 Monterey

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).

Is renting growing in Monterey?

In Monterey, the share of households that rent went from 62.1% in 2015–2019 to 63.8% in 2020–2024 (+1.7 percentage points), not a measurable change.

How big are renting households in Monterey?

A renting household in Monterey has 2.1 people on average, against 2.0 in an owned home.

How much do renters earn in Monterey?

The median renting household in Monterey, CA has an income of $90,421 (±$6,451) a year, against $141,134 for households that own their home.

Sources

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) and 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 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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.