The median home in Monterey, California is valued at $1,133,733, down 3.5% year over year. Typical monthly rent is $2,922, producing a price-to-rent ratio of 32.3x — well above the national average of 18x. Monterey is part of the Salinas, CA metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.
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Home Value$1,133,733
-3.5%
Rent$2,922/mo
AFFORDABILITYRenting $3,632/mo cheaper ($2,922 rent)6.50% 30yr, 20% down, county tax + CA ins. 28% per HUD.
Enter your income for Monterey.
$226,747 on $1,133,733
Out of reach — 104.9% of income
Need $280,886/yr to afford.
PITI$6,554
P/I104.9%
Afford$303K
Gap-$831K
P&I $5,733Tax $671Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Other cities in California
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Full Salinas, CA analysis
Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Salinas, CA metro.
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