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Rental Market Trends in Morgan Hill, CA

What is the average rent in Morgan Hill, CA?

$2,500/month

Average Rent

723 Sq Ft

Average Apartment Size

-3%

Decrease in the Last Year

As of June 2025, the average rent in Morgan Hill, CA is $2,500 per month. This is 54% higher than the national average rent price of $1,627/month, making Morgan Hill one of the most expensive cities in the US. When you rent an apartment in Morgan Hill, you can expect to pay about $2,311 per month for a studio, $2,500 for a one-bedroom apartment, and around $3,217 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,158 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$2,311/month
558 Sq Ft
One Bedroom
$2,500/month
723 Sq Ft
Two Bedroom
$3,217/month
1,042 Sq Ft
Three Bedroom
$3,158/month
1,269 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Four Bedroom
$5,030/month
2,784 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 Morgan Hill, CA?

In the past year, rent has decreased by 3%, which averages out to $74 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 June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Morgan Hill, CA
Last Updated June 2025
Above $2,000
Most rental prices fall within this range
Rent Ranges in Morgan Hill, CA
Percentage*
Rent Range
0% Below $700/month
7% $700 - $1,000/month
7% $1,001 - $1,500/month
7% $1,501 - $2,000/month
79% Above $2,000/month

What salary do I need to live comfortably in Morgan Hill, CA?

Because the average rent in Morgan Hill is $2,500, you’ll want to make about $8,333 per month or $99,996 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

Morgan Hill, CA

299 Available Apartments for Rent

Search for Nearby Apartments

How does Morgan Hill, CA compare to other nearby cities and neighborhoods?

Use the tool below to compare Morgan Hill, 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

  • Gilroy Average Rent
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  • Aptos Average Rent

Apartment communities in Morgan Hill we think you'll love

Morgan Ranch Apartments

Morgan Ranch Apartments

1100 Vintage Lane Rd,
Morgan Hill, CA 95037

1-3 Beds | $3,146 - $8,618

Village at Madrone

Village at Madrone

18730 Miner Ln,
Morgan Hill, CA 95037

1-2 Beds | $1,051 - $2,607

Vida at Morgan Hill

Vida at Morgan Hill

18303 Alpera Ln,
Morgan Hill, CA 95037

1-2 Beds | $2,862 - $4,715

Sunsweet Apartments

Sunsweet Apartments

90 E 3rd St,
Morgan Hill, CA 95037

1 Bed | $3,289 - $3,349

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United States California Morgan Hill 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