3-Bedroom Rent · August 2026

3-Bedroom Apartment Rent in Monterey, CA

$3,438/mo

Median asking rent for a 3-bedroom apartment in Monterey, California as of August 2026. That's +25% higher than the citywide median of $2,757 and +61% above the national 3-bedroom median of $2,130.

3-Bedroom median
$3,438
August 2026
vs city overall
+25%
$2,757 city median
vs national
+61%
$2,130 US median
California rank
#173
of 380 cities

Income needed for a 3-bedroom in Monterey

Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 3-bedroom at the current median rent.

Annual income
$137,520
Monthly gross
$11,460
Hourly (full-time)
$66.12

Rent by apartment size in Monterey

Compare Monterey's median rent across every apartment size.

Studio
$2,063
1-Bedroom
$2,120
2-Bedroom
$2,550
3-Bedroom (current)
$3,438
4+ Bedroom
$3,746

Cheapest cities for a 3-bedroom in California

#City3-Bedroom rent
1Ridgecrest$1,538
2Taft$1,600
3Barstow$1,630
4Lakeport$1,650
5Westmont$1,663
6California City$1,720
7Clearlake$1,750
8Red Bluff$1,780
9El Centro$1,820
10Florence-Graham$1,835
11Oroville$1,840
12Paradise$1,860
13Florin$1,875
14Eureka$1,910
15Porterville$1,910

Most expensive cities for a 3-bedroom in California

#City3-Bedroom rent
1Santa Cruz$6,055
2Scotts Valley$5,870
3Aptos$5,870
4Cupertino$5,850
5Coronado$5,720
6Foster City$5,690
7Los Altos$5,380
8Capitola$5,340
9Solana Beach$5,330
10Tiburon$5,250
11Ladera Ranch$5,250
12Newport Beach$5,178
13Sunnyvale$5,173
14Millbrae$5,080
15Santa Barbara$5,050

Nearby cities — 3-bedroom rent

Considering nearby alternatives? 1 of these cities have cheaper 3-bedroom rents than Monterey.

CityDistance3-Bedroom rentvs Monterey
Seaside, CA4.6 mi$4,240+$802 (+23%)
Pacific Grove, CA6.6 mi$3,790+$352 (+10%)
Marina, CA8.6 mi$3,750+$312 (+9%)
Carmel-by-the-Sea, CA8.7 mi$4,550+$1,112 (+32%)
Salinas, CA16.7 mi$3,100$-338 (-10%)
Watsonville, CA26.3 mi$4,500+$1,062 (+31%)
Capitola, CA28.8 mi$5,340+$1,902 (+55%)
Aptos, CA29.9 mi$5,870+$2,432 (+71%)
Santa Cruz, CA33.1 mi$6,055+$2,617 (+76%)
Scotts Valley, CA36.1 mi$5,870+$2,432 (+71%)
Gilroy, CA36.4 mi$3,610+$172 (+5%)
Hollister, CA40.7 mi$3,610+$172 (+5%)

3-Bedroom rent in Monterey — common questions

How much is a 3-bedroom apartment in Monterey?

As of August 2026, the median 3-bedroom apartment rent in Monterey, California is $3,438 per month. This is +25% higher than the citywide median of $2,757.

What income do you need to afford a 3-bedroom in Monterey?

Using the standard 30% rent-to-income rule, you would need an annual income of about $137,520 ($11,460/month gross), which works out to roughly $66.12/hour at a full-time job.

Is Monterey expensive for a 3-bedroom compared to the rest of the US?

Monterey's 3-bedroom median of $3,438 is +61% above the national 3-bedroom median of $2,130. It ranks in the 89th percentile of US cities tracked.

How does Monterey rank for 3-bedroom rent in California?

Among the 380 cities in California with 3-bedroom data, Monterey ranks #173 from cheapest to most expensive.

Are there cheaper 3-bedroom options near Monterey?

Yes — nearby cities with cheaper 3-bedroom rents include Salinas ($3,100).

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Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Monterey, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (August 2026) and exclude cities with median rent below $400 or above $20,000.