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With its warm and inviting climate, thriving economy, and high quality of life, Embrace the Golden State and discover why California is a great place to live.

Rental Market Trends

Carmel, CA

As of May 2026, Carmel's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Carmel's average rent is 82.0% ($2,223) higher than the California average of $2,711 and 175.8% ($3,145) higher than the U.S. average of $1,789.

Average Rent

$4,934

Monthly ChangeMonth Over Month Change

4.7% ($244)

Yearly ChangeYear Over Year Change

10.6% ($473)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$4,471	25.9% ($920)	34.2% ($1139)
2 Beds	$5,680	27.9% ($1240)	40.3% ($1632)
3 Beds	$7,940	40.8% ($2302)	57.8% ($2908)

Nearby Cities	Average Rent	Avg. Rent vs. CarmelAverage Rent vs. Carmel	Avg. Days on MarketAverage Days on Market
Monterey	$2,462	50.1% ($2472)	26 days
Pebble Beach	$3,164	35.9% ($1770)	33 days
Pacific Grove	$2,561	48.1% ($2373)	27 days
Seaside	$2,545	48.4% ($2389)	30 days
Carmel Valley	$2,482	49.7% ($2452)	32 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Carmel Rental Market FAQs

Explore rental prices, market trends, and availability in Carmel, CA.

What is the average rent in Carmel, CA?

The average rent in Carmel, CA is $4,934 per month.

What is the rental price range for homes in Carmel, CA?

Homes in Carmel typically rent for between $3,130 and $10,322 per month, with an average of $4,934 per month.

What is the average rent for different bedroom sizes in Carmel, CA?

In Carmel, the average rent for a 1-bedroom home is $4,471 per month, for a 2-bedroom home, $5,680 per month, and a 3-bedroom home is $7,940 per month.

How do rent prices in Carmel, CA compare with the national average?

The average rent in Carmel is 175.8% ($3,145) higher than the national average of $1,789 per month.

How have rent prices in Carmel, CA changed recently?

The average rent in Carmel has decreased by 4.7% ($244) in the last month and increased by 10.6% ($473) over the past year.

How competitive is the rental market in Carmel, CA?

The rental market in Carmel, CA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Carmel, CA?

In Carmel, CA, the average rental stays on the market for approximately 29 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Carmel, CA?

There are currently 9 rental properties available in Carmel, CA.

Can I afford to rent a home in Carmel, CA?

Based on the current averages, a household would need an annual income of $227,200 to comfortably afford a 2-bedroom home in Carmel.