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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 January 2026, Carmel's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Carmel's average rent is 98.3% ($2,474) higher than the California average of $2,516 and 183.7% ($3,231) higher than the U.S. average of $1,759.

Average Rent

$4,990

Monthly ChangeMonth Over Month Change

0.4% ($20)

Yearly ChangeYear Over Year Change

11.9% ($529)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$3,669	11.9% ($389)	10.1% ($337)
2 Beds	$4,602	10.4% ($433)	13.7% ($554)
3 Beds	$5,766	5.7% ($313)	14.6% ($734)

Nearby Cities	Average Rent	Avg. Rent vs. CarmelAverage Rent vs. Carmel	Avg. Days on MarketAverage Days on Market
Monterey	$2,556	48.8% ($2434)	26 days
Pebble Beach	$3,002	39.8% ($1988)	33 days
Pacific Grove	$2,304	53.8% ($2686)	27 days
Seaside	$2,386	52.2% ($2604)	30 days
Carmel Valley	$2,149	56.9% ($2841)	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 $4,990 per month.

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

Homes in Carmel typically rent for between $2,568 and $7,496 per month, with an average of $4,990 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 $3,669 per month, for a 2-bedroom home, $4,602 per month, and a 3-bedroom home is $5,766 per month.

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

The average rent in Carmel is 183.7% ($3,231) higher than the national average of $1,759 per month.

How have rent prices in Carmel, CA changed recently?

The average rent in Carmel has decreased by 0.4% ($20) in the last month and increased by 11.9% ($529) 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 8 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 $184,080 to comfortably afford a 2-bedroom home in Carmel.