City Report · CA

Pacific Grove

Pop. 14,951·115th most expensive in California·Pacific Grove rents are up 6.4% over the past year
Median rent (all units)
$3,176/mo
Year-over-Year
+6.4%
Month-over-Month
+0.3%
vs US Median
+$1,244
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Pacific Grove · $3,176
More expensive than 93% of US cities · National median $1,932/mo
Rent Reality Score
55/100
Fairly priced
OverheatedFairGreat value

Rents are 3% below what Pacific Grove's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$3,176/mo
Expected by trend
$3,265/mo
The Rent Reality Score compares today's median rent to where Pacific Grove's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$2,379
1 BR
$2,439
2 BR
$2,937
3 BR
$3,963
4 BR+
$4,319
Research median
$2,937/mo

Bedroom figures are derived from HUD Fair Market Rents and scaled to match Pacific Grove's market median, because the published HUD values all ran above it. They are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

November. Asking rents in Pacific Grove usually run 0.5% below trend in November and 0.4% above it in July, about $29 a month apart at today's median. Based on 7 years of data.

Compared with the peak

Rent in Pacific Grove is at its highest level since Zillow's records here began in February 2019.

Past year vs. the rest of California

Rent in Pacific Grove changed +6.4% over the year to September 2026. Across the 336 California cities Zillow tracks, the typical change was +3.4%.

Since before the pandemic

Rent in Pacific Grove is 43.6% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 6 months in a row, and rose in 11 of the last 12 months.

What a typical income covers

30% of the median household income ($106,065) is $2,652 a month. That is less than HUD's Fair Market Rent for a studio ($3,200).

Cheaper nearby

Monterey, 6 miles away, rents for 15% less ($2,696/mo), about $5,800 a year in savings.

From Zillow's monthly rent index (ZORI) for Pacific Grove. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$38,112/yr
At $3,176/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 6.4% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+6.4% YoY, +0.3% MoM), not inventory.
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Demographics

Who lives here

Pacific Grove, CA is roughly split between renters and owners, has a large retiree population, has a median income above the national average, 59.6% of residents hold a bachelor's degree or higher.

Population
14,951
Median income
$106,065
Median age
51.2
Renters
49.6%
Age distribution
15.6%
17.2%
21.7%
14.9%
30.6%
Under 1815.6%
18–3417.2%
35–5421.7%
55–6414.9%
65+30.6%
Gender
46.1%
53.9%
Male46.1%
Female53.9%
Race & ethnicity
73.2%
13%
White73.2%
Black1.1%
Hispanic13%
Asian7.8%
Other4.9%
Education (25+)
24.7%
59.6%
No HS diploma4.9%
HS diploma10.7%
Some college24.7%
Bachelor's+59.6%
Housing tenure
50.4%
49.6%
Owner50.4%
Renter49.6%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Pacific Grove, CA has changed in 5 years

Rent
$2,416 → $3,176
up 31.5%
Income
$92,980 → $106,065
up 14.1%
Population
15,169 → 14,951
down 1.4%
Renter share
53.3% → 49.6%
-3.7 pts
Bachelor's+
55.4% → 59.6%
+4.2 pts
Median age
48 → 51.2
+3.2 yrs

Since 2021, the typical rent in Pacific Grove, CA has increased from $2,416 to $3,176, a 31.5% change over five years. On the earnings side, the typical household in Pacific Grove, CA now reports about $106,065, up from $92,980 in 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 1.4% since 2021, moving from about 15,169 residents to roughly 14,951. Renters now make up 49.6% of households, compared with 53.3% five years ago. College-educated residents now make up 59.6% of adults here, versus 55.4% in 2021. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and Pacific Grove, CA reflects that arc in its own way.

Community

Discussions about Pacific Grove

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View Pacific Grove rent history (2015–2026) →
Salary vs rent

Can you afford rent in Pacific Grove on your salary?

At $3,176/mo, how Pacific Grove rent compares to typical pay (30% rule).

By apartment size

Pacific Grove rent by bedroom count

Median rent for each apartment size in Pacific Grove. Click any size for full breakdown.

Local insights

Tips for renters in Pacific Grove

About renting in Pacific Grove, CA

Last updated: October 17, 2026

The median rent in Pacific Grove is $3,176/mo as of October 2026. A studio apartment averages $2,379/mo while a 2-bedroom runs $2,937/mo. One-bedroom apartments average $2,439/mo and 3-bedroom units go for $3,963/mo.

At 36% of local median household income ($106,065/yr), Pacific Grove ranks as moderate compared to the national benchmark of 30%. Rents have increased 6.4% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Pacific Grove?

To keep rent at or below 30% of gross income, you would need to earn at least $127,000/year (about $61/hour full-time) to afford the median rent of $3,176/mo in Pacific Grove. The local median household income is $106,065/yr, so the typical household falls short of that bar.

Is rent going up or down in Pacific Grove?

Rent in Pacific Grove has risen 6.4% over the past year as of September 2026. That is the highest level since Zillow's records here began in February 2019.

When is the cheapest time to rent in Pacific Grove?

Asking rents in Pacific Grove are usually lowest in November, about 0.5% below their yearly trend, and highest in July, about 0.4% above it. At today's median that is a gap of roughly $29 a month. This pattern comes from 7 years of Zillow rent data.

How does Pacific Grove rent compare to other cities in California?

Pacific Grove is one of the pricier among California cities for rent, ranking #115 of 382 tracked cities at $3,176/mo. Over the year to September 2026, rent in Pacific Grove changed +6.4%, against a typical +3.4% across the 336 California cities Zillow tracks.

Which nearby cities are cheaper to rent in than Pacific Grove?

Nearby cities with lower median rent than Pacific Grove ($3,176/mo) include Salinas ($2,530/mo), Monterey ($2,696/mo), and Marina ($2,873/mo).
Income Affordability
36%
MODERATE

At $3,176/mo, rent takes ~36% of Pacific Grove's median household income ($106,065/yr). The standard benchmark is 30%.

Pacific Grove 36%Benchmark 30%
State income tax1–13.3%
Run the Pacific Grove affordability calculator →
Lowest-rent ZIP codes in Pacific Grove
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Pacific Grove, CA

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