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Rental Market Trends

Carmel, CA

As of July 2025, Carmel's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Carmel's average rent is 86.9% ($2,190) higher than the California average of $2,521 and 165.4% ($2,936) higher than the U.S. average of $1,775.

Average Rent

$4,711

Monthly ChangeMonth Over Month Change

5.6% ($250)

Yearly ChangeYear Over Year Change

5.8% ($258)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$3,465	4% ($133)	7.8% ($252)
2 Beds	$4,359	7.7% ($311)	11.7% ($455)
3 Beds	$5,602	11.3% ($570)	7.5% ($393)

Nearby Cities	Average Rent	Avg. Rent vs. CarmelAverage Rent vs. Carmel	Avg. Days on MarketAverage Days on Market
Monterey	$2,537	46.1% ($2174)	26 days
Pebble Beach	$2,744	41.8% ($1967)	33 days
Pacific Grove	$3,053	35.2% ($1658)	27 days
Seaside	$2,035	56.8% ($2676)	30 days
Marina	$2,518	46.6% ($2193)	28 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 $4,711 per month.

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

Houses in Carmel typically rent for between $2,426 and $7,283 per month, with an average of $4,711 per month.

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

In Carmel, the average rent for a 1-bedroom house is $3,465 per month, for a 2-bedroom house, $4,359 per month, and a 3-bedroom house is $5,602 per month.

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

The average rent in Carmel is 165.4% ($2,936) higher than the national average of $1,775 per month.

How have rent prices in Carmel, CA changed recently?

The average rent in Carmel has increased by 5.6% ($250) in the last month and increased by 5.8% ($258) 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 6 rental properties available in Carmel, CA.

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

Based on the current averages, a household would need an annual income of $174,360 to comfortably afford a 2-bedroom house in Carmel.