Monterey, CA Rent History
124 months of data, 2016–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).
Today (2026-07)
$2,757
1-year change
-4.2%
$-121/mo
5-year change
+26.7%
$581/mo
10-year change
+63.5%
$1,071/mo
Monthly rent trend
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Year-by-year rent in Monterey
| Year | Median rent | YoY change | vs 2016 |
|---|---|---|---|
| 2016 | $1,645/mo | — | 0.0% |
| 2017 | $1,746/mo | +6.1% | +6.1% |
| 2018 | $1,879/mo | +7.6% | +14.2% |
| 2019 | $1,959/mo | +4.3% | +19.1% |
| 2020 | $2,046/mo | +4.4% | +24.4% |
| 2021 | $2,116/mo | +3.4% | +28.6% |
| 2022 | $2,303/mo | +8.8% | +40.0% |
| 2023 | $2,508/mo | +8.9% | +52.5% |
| 2024 | $2,574/mo | +2.6% | +56.5% |
| 2025 | $2,847/mo | +10.6% | +73.1% |
| 2026 | $2,758/mo | -3.1% | +67.7% |
Frequently asked questions
How much has rent in Monterey changed since 2016?
Median rent in Monterey, CA was $1,645 in 2016-04 and is $2,757 as of 2026-07 — a change of $1,112 per month over 10 years.
How much has Monterey rent increased in the last 5 years?
Over the past 5 years, median rent in Monterey, CA has changed +26.7% ($581 per month). The current median is $2,757.
What has rent in Monterey done over the past decade?
Over the past 10 years, median rent in Monterey, CA has changed +63.5% ($1,071 per month). It is now $2,757.
Is rent in Monterey going up or down year over year?
Year over year, median rent in Monterey, CA has decreased -4.2% ($-121/mo). Current median: $2,757.