Monterey County, CA

2024 Fair Market Rents

Tags: 2024 Salinas, CA MSA

Return to the state page to see where California ranks nationally and to view information on other counties. Click on the map to view a different county.

The top four largest cities in Monterey County are Watsonville, Salinas, Seaside, and Monterey. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Monterey County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Monterey County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Monterey County compare?

Monterey County ($2,879) has a 54.5% higher FMR for 2-Bedroom housing than the average of California ($1,864) and therefore a higher gross rent.

Monterey County is rank 7th out of 58 counties. This means the FMRs, or in other words, the gross rent is higher than 51 other counties. Monterey County is the 7th most expensive county in terms of FMRs.

Rent Tables Monterey County, CA

Fair Market Rent (40th Percentile)

$2,340
studio
$2,367
1-Bedroom
$2,879
2-Bedroom
$3,990
3-Bedroom
$4,400
4-Bedroom

Median Rent (50th Percentile)

$2,478
studio
$2,507
1-Bedroom
$3,049
2-Bedroom
$4,226
3-Bedroom
$4,660
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
93426 $1,910 $1,980 $2,410 $3,420 $3,730
93450 $1,960 $1,980 $2,410 $3,420 $3,730
93451 $1,910 $1,990 $2,590 $3,480 $3,950
93901 $2,190 $2,220 $2,700 $3,740 $4,130
93902 $2,340 $2,370 $2,880 $3,990 $4,400
93905 $1,930 $1,980 $2,410 $3,420 $3,730
93906 $2,430 $2,460 $2,990 $4,140 $4,570
93907 $2,490 $2,520 $3,060 $4,240 $4,680
93908 $3,510 $3,550 $4,320 $5,990 $6,600
93912 $2,340 $2,370 $2,880 $3,990 $4,400
93915 $2,340 $2,370 $2,880 $3,990 $4,400
93920 $2,270 $2,320 $2,830 $3,920 $4,330
93921 $3,230 $3,270 $3,980 $5,520 $6,080
93922 $2,340 $2,370 $2,880 $3,990 $4,400
93923 $2,750 $2,790 $3,390 $4,700 $5,180
93924 $2,620 $2,650 $3,220 $4,470 $4,920
93925 $1,910 $1,980 $2,410 $3,420 $3,730
93926 $1,910 $1,980 $2,410 $3,420 $3,730
93927 $2,130 $2,150 $2,620 $3,630 $4,000
93928 $2,340 $2,370 $2,880 $3,990 $4,400
93930 $1,910 $1,980 $2,410 $3,420 $3,730
93932 $1,910 $1,980 $2,410 $3,420 $3,730
93933 $2,170 $2,200 $2,670 $3,700 $4,080
93940 $2,840 $2,880 $3,500 $4,850 $5,350
93942 $2,340 $2,370 $2,880 $3,990 $4,400
93943 $2,340 $2,370 $2,880 $3,990 $4,400
93944 $2,340 $2,370 $2,880 $3,990 $4,400
93950 $3,060 $3,100 $3,770 $5,230 $5,760
93953 $3,510 $3,550 $4,320 $5,990 $6,600
93954 $1,910 $1,980 $2,410 $3,420 $3,730
93955 $2,550 $2,580 $3,140 $4,350 $4,800
93960 $1,910 $1,980 $2,410 $3,420 $3,730
93962 $3,510 $3,550 $4,320 $5,990 $6,600
95004 $1,960 $2,080 $2,620 $3,660 $4,150
95012 $1,930 $1,980 $2,410 $3,420 $3,730
95039 $1,910 $1,980 $2,410 $3,420 $3,730
95076 $2,340 $2,500 $3,250 $4,080 $4,490
95076 $2,340 $2,500 $3,250 $4,080 $4,490
93925 $1,910 $1,980 $2,410 $3,420 $3,730
93930 $1,910 $1,980 $2,410 $3,420 $3,730
95004 $1,960 $2,080 $2,620 $3,660 $4,150
93426 $1,910 $1,980 $2,410 $3,420 $3,730
93451 $1,910 $1,990 $2,590 $3,480 $3,950
95076 $2,340 $2,500 $3,250 $4,080 $4,490
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
93426 $1,719 $1,782 $2,169 $3,078 $3,357
93450 $1,764 $1,782 $2,169 $3,078 $3,357
93451 $1,719 $1,791 $2,331 $3,132 $3,555
93901 $1,971 $1,998 $2,430 $3,366 $3,717
93902 $2,106 $2,133 $2,592 $3,591 $3,960
93905 $1,737 $1,782 $2,169 $3,078 $3,357
93906 $2,187 $2,214 $2,691 $3,726 $4,113
93907 $2,241 $2,268 $2,754 $3,816 $4,212
93908 $3,159 $3,195 $3,888 $5,391 $5,940
93912 $2,106 $2,133 $2,592 $3,591 $3,960
93915 $2,106 $2,133 $2,592 $3,591 $3,960
93920 $2,043 $2,088 $2,547 $3,528 $3,897
93921 $2,907 $2,943 $3,582 $4,968 $5,472
93922 $2,106 $2,133 $2,592 $3,591 $3,960
93923 $2,475 $2,511 $3,051 $4,230 $4,662
93924 $2,358 $2,385 $2,898 $4,023 $4,428
93925 $1,719 $1,782 $2,169 $3,078 $3,357
93926 $1,719 $1,782 $2,169 $3,078 $3,357
93927 $1,917 $1,935 $2,358 $3,267 $3,600
93928 $2,106 $2,133 $2,592 $3,591 $3,960
93930 $1,719 $1,782 $2,169 $3,078 $3,357
93932 $1,719 $1,782 $2,169 $3,078 $3,357
93933 $1,953 $1,980 $2,403 $3,330 $3,672
93940 $2,556 $2,592 $3,150 $4,365 $4,815
93942 $2,106 $2,133 $2,592 $3,591 $3,960
93943 $2,106 $2,133 $2,592 $3,591 $3,960
93944 $2,106 $2,133 $2,592 $3,591 $3,960
93950 $2,754 $2,790 $3,393 $4,707 $5,184
93953 $3,159 $3,195 $3,888 $5,391 $5,940
93954 $1,719 $1,782 $2,169 $3,078 $3,357
93955 $2,295 $2,322 $2,826 $3,915 $4,320
93960 $1,719 $1,782 $2,169 $3,078 $3,357
93962 $3,159 $3,195 $3,888 $5,391 $5,940
95004 $1,764 $1,872 $2,358 $3,294 $3,735
95012 $1,737 $1,782 $2,169 $3,078 $3,357
95039 $1,719 $1,782 $2,169 $3,078 $3,357
95076 $2,106 $2,250 $2,925 $3,672 $4,041
95076 $2,106 $2,250 $2,925 $3,672 $4,041
93925 $1,719 $1,782 $2,169 $3,078 $3,357
93930 $1,719 $1,782 $2,169 $3,078 $3,357
95004 $1,764 $1,872 $2,358 $3,294 $3,735
93426 $1,719 $1,782 $2,169 $3,078 $3,357
93451 $1,719 $1,791 $2,331 $3,132 $3,555
95076 $2,106 $2,250 $2,925 $3,672 $4,041
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
93426 $2,101 $2,178 $2,651 $3,762 $4,103
93450 $2,156 $2,178 $2,651 $3,762 $4,103
93451 $2,101 $2,189 $2,849 $3,828 $4,345
93901 $2,409 $2,442 $2,970 $4,114 $4,543
93902 $2,574 $2,607 $3,168 $4,389 $4,840
93905 $2,123 $2,178 $2,651 $3,762 $4,103
93906 $2,673 $2,706 $3,289 $4,554 $5,027
93907 $2,739 $2,772 $3,366 $4,664 $5,148
93908 $3,861 $3,905 $4,752 $6,589 $7,260
93912 $2,574 $2,607 $3,168 $4,389 $4,840
93915 $2,574 $2,607 $3,168 $4,389 $4,840
93920 $2,497 $2,552 $3,113 $4,312 $4,763
93921 $3,553 $3,597 $4,378 $6,072 $6,688
93922 $2,574 $2,607 $3,168 $4,389 $4,840
93923 $3,025 $3,069 $3,729 $5,170 $5,698
93924 $2,882 $2,915 $3,542 $4,917 $5,412
93925 $2,101 $2,178 $2,651 $3,762 $4,103
93926 $2,101 $2,178 $2,651 $3,762 $4,103
93927 $2,343 $2,365 $2,882 $3,993 $4,400
93928 $2,574 $2,607 $3,168 $4,389 $4,840
93930 $2,101 $2,178 $2,651 $3,762 $4,103
93932 $2,101 $2,178 $2,651 $3,762 $4,103
93933 $2,387 $2,420 $2,937 $4,070 $4,488
93940 $3,124 $3,168 $3,850 $5,335 $5,885
93942 $2,574 $2,607 $3,168 $4,389 $4,840
93943 $2,574 $2,607 $3,168 $4,389 $4,840
93944 $2,574 $2,607 $3,168 $4,389 $4,840
93950 $3,366 $3,410 $4,147 $5,753 $6,336
93953 $3,861 $3,905 $4,752 $6,589 $7,260
93954 $2,101 $2,178 $2,651 $3,762 $4,103
93955 $2,805 $2,838 $3,454 $4,785 $5,280
93960 $2,101 $2,178 $2,651 $3,762 $4,103
93962 $3,861 $3,905 $4,752 $6,589 $7,260
95004 $2,156 $2,288 $2,882 $4,026 $4,565
95012 $2,123 $2,178 $2,651 $3,762 $4,103
95039 $2,101 $2,178 $2,651 $3,762 $4,103
95076 $2,574 $2,750 $3,575 $4,488 $4,939
95076 $2,574 $2,750 $3,575 $4,488 $4,939
93925 $2,101 $2,178 $2,651 $3,762 $4,103
93930 $2,101 $2,178 $2,651 $3,762 $4,103
95004 $2,156 $2,288 $2,882 $4,026 $4,565
93426 $2,101 $2,178 $2,651 $3,762 $4,103
93451 $2,101 $2,189 $2,849 $3,828 $4,345
95076 $2,574 $2,750 $3,575 $4,488 $4,939

Fair Market Rents on this page apply to the following cities in Monterey County, California: Watsonville, Salinas, Seaside, Monterey, Marina, Greenfield, Soledad, Pacific Grove, King City, Castroville, Carmel, Gonzales, Carmel Valley, Carmel By The Sea, Pebble Beach, Aromas, San Miguel, Chualar, Moss Landing, and Big Sur.

These Fair Market Rents also apply to the following ZIP codes in Monterey County, California: 95076, 93905, 93906, 93955, 93940, 93901, 93907, 93933, 93927, 93960, 93950, 93930, 93908, 95012, 93923, 93926, 93924, 93921, 93953, and 93912.

Monterey County, CA is considered part of the following metro FMR area: SALINAS, CA MSA.

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Data Source

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Fair Market Rents are published by the Department of Housing And Urban Development.