Above, you'll find an overview of the real estate market in Monterey, CA. Generally, real estate in the Monterey, CA area is less affordable in California, as the median price of a home in Monterey, CA is $664,300, which is 62% higher than the California average. The median rental price in Monterey, CA is $1,531. This is 18% higher than the average rental price in California. Home owners comprise 35.0% of the population of Monterey, CA, where an average of 2.2 people live in each home. Various real estate options from luxurious homes to affordable condos and urban townhomes are available in Monterey, CA. Below, you can search for real estate listings in Monterey, CA using our search functionality that allows you to personalize your search and filter out location, price, and number of bedrooms and bathrooms.