The median home in Morgan Hill, California is valued at $1,306,846, down 0.5% year over year. Typical monthly rent is $3,560, producing a price-to-rent ratio of 30.6x — well above the national average of 18x. Morgan Hill is part of the San Jose-Sunnyvale-Santa Clara, CA metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.
See the full metro analysis: San Jose-Sunnyvale-Santa Clara, CA stress score, crash risk, and 12-month forecast →
Home Value$1,306,846
-0.5%
Rent$3,560/mo
AFFORDABILITYRenting $3,971/mo cheaper ($3,560 rent)6.50% 30yr, 20% down, county tax + CA ins. 28% per HUD.
Enter your income for Morgan Hill.
$261,369 on $1,306,846
Out of reach — 120.5% of income
Need $322,757/yr to afford.
PITI$7,531
P/I120.5%
Afford$304K
Gap-$1003K
P&I $6,608Tax $773Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Other cities in California
Compare Morgan Hill with other housing markets across California.
Full San Jose-Sunnyvale-Santa Clara, CA analysis
Stress scores, crash risk, early warning signals, and 12-month price forecasts for the San Jose-Sunnyvale-Santa Clara, CA metro.
View San Jose-Sunnyvale-Santa Clara, CA metro →