Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Monterey County area can be challenging. Home prices in Monterey County are now at a median cost of $634,512, lower than the California average of $648,235.
The average cost of rent is $1,851/mo in Monterey County, primarily driven by the current value of real estate in the Monterey County area. While nearly 34.90% of residents own their homes outright in Monterey County, 45.09% rent.
Housing affordability isn’t just about home prices, though. The average household income in Monterey County is $7,462 per month. Households that rent pay about 24.80% of their income on rent here. Monterey County's most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the county.
Nearby Counties
- Fresno County, CA: less expensive homes
- San Juan County, NM: less expensive homes
- Colfax County, NM: less expensive homes
- Cimarron County, OK: less expensive homes
- Texas County, OK: less expensive homes
- Harper County, OK: less expensive homes
- Woods County, OK: less expensive homes
- Alfalfa County, OK: less expensive homes
- Grant County, OK: less expensive homes
- Kay County, OK: less expensive homes
Counties with Similar Populations
- Adams County, CO: less expensive homes
- Sedgwick County, KS: less expensive homes
- Chester County, PA: less expensive homes
- Montgomery County, OH: less expensive homes
- Camden County, NJ: less expensive homes
- Lake County, IN: less expensive homes
- Lane County, OR: less expensive homes
- Larimer County, CO: less expensive homes
- Lehigh County, PA: less expensive homes
- Lake County, FL: less expensive homes
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