Rents are 7% above what Morgan Hill's 10-year trend predicts — running hotter than its own history.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $3,893 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: August 17, 2026
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Who lives here
Morgan Hill, CA is majority owner-occupied, has a large share of families with children, has a median income above the national average, 46.8% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Morgan Hill, CA has changed in 5 years
Across the past five years, the going rent in Morgan Hill, CA has shifted from $2,879 to $3,893, up 35.2% since 2021. Census figures show median household income at $163,920 today, compared with $139,161 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Bachelor's-degree-or-higher attainment moved from 44.3% to 46.8% across the same window. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.
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Can you afford rent in Morgan Hill on your salary?
At $3,893/mo, how Morgan Hill rent compares to typical pay (30% rule).
Morgan Hill rent by bedroom count
Median rent for each apartment size in Morgan Hill. Click any size for full breakdown.
Tips for renters in Morgan Hill
Last updated: August 17, 2026
The median rent in Morgan Hill is $3,893/mo as of August 2026. A studio apartment averages $2,150/mo while a 2-bedroom runs $2,820/mo. One-bedroom apartments average $2,430/mo and 3-bedroom units go for $3,610/mo.
At 28% of local median household income ($163,920/yr), Morgan Hill ranks as affordable compared to the national benchmark of 30%. Rents have increased 12.8% over the past year.
Frequently asked questions
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How does Morgan Hill rent compare to other cities in California?
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What percentage of Morgan Hill residents rent vs. own?
How does Morgan Hill rent compare to the national average?
At $3,893/mo, rent takes ~28% of Morgan Hill's median household income ($163,920/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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