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Rental Market Trends in Carmel Valley, CA

What is the average rent in Carmel Valley, CA?

$1,704/month

Average Rent

691 Sq Ft

Average Apartment Size

-10.4%

Decrease in the Last Year

As of August 2025, the average rent in Carmel Valley, CA is $1,704 per month. For comparison, the national average rent price in the US is currently $1,638/month, which means Carmel Valley rent prices are 4% higher than the national average. When you rent an apartment in Carmel Valley, you can expect to pay about per month for a studio, $1,704 for a one-bedroom apartment, and around $2,110 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
$1,704/month
691 Sq Ft
Two Bedroom
$2,110/month
447 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 Valley, CA?

In the past year, rent has decreased by 10.4%, which averages out to $177 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated August 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Carmel Valley, CA
Last Updated August 2025
Above $2,000
Most rental prices fall within this range
Rent Ranges in Carmel Valley, CA
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
33% $1,001 - $1,500/month
0% $1,501 - $2,000/month
67% Above $2,000/month

What salary do I need to live comfortably in Carmel Valley, CA?

Because the average rent in Carmel Valley is $1,704, you’ll want to make about $5,680 per month or $68,160 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 Valley, CA

6 Available Apartments for Rent

Search for Nearby Apartments

How does Carmel Valley, CA compare to other nearby cities and neighborhoods?

Use the tool below to compare Carmel Valley, 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.

Apartment Averages

Nearby City Rent Trends

  • Carmel Average Rent
  • Monterey Average Rent
  • Seaside Average Rent

Apartment communities in Carmel Valley we think you'll love

273 W Carmel Valley Rd

273 W Carmel Valley Rd

273 W Carmel Valley Rd,
Carmel Valley, CA 93924

1 Bed | $2,750

9 Calle De Paloma

9 Calle De Paloma

9 Calle De Paloma,
Carmel Valley, CA 93924

3 Beds | $3,395

184 Cll De La Ventana

184 Cll De La Ventana

184 Cll De La Ventana,
Carmel Valley, CA 93924

3 Beds | $4,300

18800 Cachagua Rd

18800 Cachagua Rd

18800 Cachagua Rd,
Carmel Valley, CA 93924

3 Beds | $3,450

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United States California Carmel Valley 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