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Rental Market Trends in Carmel-by-the-Sea, CA

What is the average rent in Carmel By The Sea, CA?

$1,487/month

Average Rent

583 Sq Ft

Average Apartment Size

+1.9%

Increase in the Last Year

As of June 2025, the average rent in Carmel By The Sea, CA is $1,487 per month. For comparison, the national average rent price in the US is currently $1,627/month, which means Carmel By The Sea rent prices are 9% lower than the national average. When you rent an apartment in Carmel By The Sea, you can expect to pay about per month for a studio, $1,487 for a one-bedroom apartment, and around $2,583 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,487/month
583 Sq Ft
Two Bedroom
$2,583/month
885 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Carmel By The Sea, CA?

In the past year, rent has increased by 1.9%, which averages out to $28 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Carmel By The Sea, CA
Last Updated June 2025
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Carmel By The Sea, CA
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
100% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Carmel By The Sea, CA?

Because the average rent in Carmel By The Sea is $1,487, you’ll want to make about $4,956 per month or $59,472 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Carmel By The Sea, CA

14 Available Apartments for Rent

Search for Nearby Apartments

How does Carmel By The Sea, CA compare to other nearby cities and neighborhoods?

Use the tool below to compare Carmel By The Sea, CA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Carmel By The Sea, CA

Apartment Averages

Nearby City Rent Trends

  • Monterey Average Rent
  • Pacific Grove Average Rent
  • Seaside Average Rent
  • Carmel Average Rent
  • Marina Average Rent

Apartment communities in Carmel By The Sea we think you'll love

26052 CA-1

26052 CA-1

26052 CA-1,
Carmel-by-the-Sea, CA 93923

1 Bed | $2,295

3600 High Meadow Dr

3600 High Meadow Dr

3600 High Meadow Dr,
Carmel-by-the-Sea, CA 93923

3 Beds | $4,600

29090 Robinson Cyn Rd

29090 Robinson Cyn Rd

29090 Robinson Cyn Rd,
Carmel-by-the-Sea, CA 93923

3 Beds | $5,500

3 Monte Verde St

3 Monte Verde St

3 Monte Verde St,
Carmel-by-the-Sea, CA 93921

Studio | $4,100

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United States California Carmel By The Sea Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity