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Monterey Real Estate Market

Housing
C-
Based on home values, property taxes, housing costs, local schools, and more.
Area Feel
Suburban
Rent vs. Own
  • Rent
    63%
  • Own
    37%
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Real Estate Costs

Median Home Value
$696,200
National
$184,700
Home Values
  • <$50k
    2%
  • $50-$99k
    0%
  • $100-$199k
    2%
  • $200-$399k
    10%
  • $400-$749k
    43%
  • $750k+
    43%
Median Rent
$1,625
National
$949
Monthly Rent
  • <$500
    2%
  • $500-$999
    8%
  • $1,000-$1,499
    34%
  • $1,500-$1,999
    25%
  • $2,000+
    31%
10%
of residents say housing is affordable.10 responses

Home Quality

Poll
70%
of residents say the exterior quality of homes is good or excellent.10 responses
Poll
70%
of residents say the interior quality of homes is good or excellent.10 responses
60%
of residents say there is a good variety of homes.10 responses
60%
of residents say there are a few vacant or abandoned properties here and there.10 responses
40%
of residents say that parking is readily available.10 responses
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Homes in Monterey have a median value of $696,200. The median rent price in Monterey is $1,625 and most residents rent their homes. Monterey is very walkable, and there are a lot of restaurants, coffee shops, and parks nearby.
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