Pebble Beach renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Pebble Beach is about $808 per month. This puts it in the 32nd percentile compared to the state average cost of rent, which is $1,514. Households in Pebble Beach have a median income of $2,197 per month so the average renter in Pebble Beach is spending roughly 37% of their earnings on housing.
Nationally, and in Pebble Beach, home values are the data point most closely correlated with the cost of rent. The median price of a home in Pebble Beach is $254,550 right now, which is higher than nearby cities, meaning that rents in Pebble Beach also tend to be higher versus these nearby cities.
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