housing costs · California
Housing costs in Monterey County
What it costs to live here: rent, home values and the share of income rent takes.
Median gross rent
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $2,055 | ± $32 | evidence → |
| 2019–2023 | $1,995 | ± $37 | evidence → |
| 2018–2022 | $1,873 | ± $26 | evidence → |
| 2017–2021 | $1,718 | ± $21 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $781,000 | ± $13,801 | evidence → |
| 2019–2023 | $723,100 | ± $10,176 | evidence → |
| 2018–2022 | $683,700 | ± $9,111 | evidence → |
| 2017–2021 | $596,400 | ± $8,452 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 32.7 % | ± 0.9 % | evidence → |
| 2019–2023 | 32.7 % | ± 0.8 % | evidence → |
| 2018–2022 | 32.2 % | ± 0.8 % | evidence → |
| 2017–2021 | 32.7 % | ± 0.8 % | evidence → |
In context
Median rent in Monterey County is $2,055, above the California median of $1,624 across 56 counties (2020–2024).
American Community Survey, five-year estimates. Each release covers five years, so consecutive releases overlap by four of them — a change from one release to the next is damped, and reading them as annual values understates swings. Margins of error are at 90 % confidence and are wide in sparsely populated counties.