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market report · 93940
Monterey, CA · 93940
38 active listings$1,100,000 median ask$3,720 est. rent0.3% price/rent
$1,100,000
Median list price
$3,720/mo
Estimated rent
0.3%
Price / rent ratio
38
Listings
FHFA home price index · 2016–2025
64.6% cumulative change over the window. Source: FHFA ZIP-level HPI.
$2.92
Median rent / sqft
33 comps
$795.86
Median sold / sqft
33 comps
12.9
Walkability
very walkable
5.9%
Area unemployment
BLS LAUS
Median household income $106,044 · median home value $1,099,300 · ACS 2024.
Natural-hazard risk Relatively High (FEMA NRI score 97).
5 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
451 Dela Vina Ave, Monterey, CA 93940
Monterey, CA
$565,000$3,056/mo0.5%
838 Portola Dr, Del Rey Oaks, CA 93940
Del Rey Oaks, CA
$950,000$4,919/mo0.5%
950 Portola Dr, Del Rey Oaks, CA 93940
Del Rey Oaks, CA
$1,125,000$5,642/mo0.5%
2301 Golden Oaks Ln, Monterey, CA 93940
Monterey, CA
$448,000$2,208/mo0.5%
4202 Golden Oaks Ln, Monterey, CA 93940
Monterey, CA
$449,500$2,208/mo0.5%
229 Littleness Ave, Monterey, CA 93940
Monterey, CA
$749,000$3,631/mo0.5%