Monterey, CA Rent History
126 months of data, 2016–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).
Today (2026-09)
$2,696
1-year change
+2.2%
$58/mo
5-year change
+25.7%
$552/mo
10-year change
+61.4%
$1,026/mo
Monthly rent trend
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Year-by-year rent in Monterey
| Year | Median rent | YoY change | vs 2016 |
|---|---|---|---|
| 2016 | $1,573/mo | — | 0.0% |
| 2017 | $1,672/mo | +6.3% | +6.3% |
| 2018 | $1,797/mo | +7.5% | +14.2% |
| 2019 | $1,874/mo | +4.3% | +19.1% |
| 2020 | $1,961/mo | +4.6% | +24.7% |
| 2021 | $2,034/mo | +3.7% | +29.3% |
| 2022 | $2,209/mo | +8.6% | +40.4% |
| 2023 | $2,405/mo | +8.9% | +52.9% |
| 2024 | $2,468/mo | +2.6% | +56.9% |
| 2025 | $2,611/mo | +5.8% | +66.0% |
| 2026 | $2,659/mo | +1.8% | +69.0% |
Frequently asked questions
How much has rent in Monterey changed since 2016?
Median rent in Monterey, CA was $1,573 in 2016-04 and is $2,696 as of 2026-09 — a change of $1,123 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 +25.7% ($552 per month). The current median is $2,696.
What has rent in Monterey done over the past decade?
Over the past 10 years, median rent in Monterey, CA has changed +61.4% ($1,026 per month). It is now $2,696.
Is rent in Monterey going up or down year over year?
Year over year, median rent in Monterey, CA has increased +2.2% ($58/mo). Current median: $2,696.