PlainRent

Monterey County

FY 2026 HUD Fair Market Rents in California. Population: 437,609.

Fair Market Rents (2026)

Studio
National avg: $893
$2,173/mo
↓ 10.0% YoY +143% vs US
1 Bedroom
National avg: $959
$2,232/mo
↓ 10.0% YoY +133% vs US
2 Bedroom
National avg: $1,175
$2,684/mo
↓ 10.0% YoY +128% vs US
3 Bedroom
National avg: $1,525
$3,623/mo
↓ 10.0% YoY +138% vs US
4 Bedroom
National avg: $1,756
$3,945/mo
↓ 10.0% YoY +125% vs US

Year-over-Year Comparison

Bedrooms FY 2025 FY 2026 Change
Studio $2,414 $2,173 $-241 (-10.0%)
1 Bedroom $2,479 $2,232 $-247 (-10.0%)
2 Bedroom $2,982 $2,684 $-298 (-10.0%)
3 Bedroom $4,025 $3,623 $-402 (-10.0%)
4 Bedroom $4,383 $3,945 $-438 (-10.0%)

Affordability Snapshot

Based on the standard that rent should not exceed 30% of gross income:

Required annual income for 1 BR
$89,280
$7,440/month gross
Required annual income for 2 BR
$107,360
$8,947/month gross

Other Counties in California

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Data source: U.S. Department of Housing and Urban Development, FY 2026 Fair Market Rents. Fair Market Rents represent the 40th percentile of gross rents for standard quality units in each area.