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Rental Market Trends in Morgan Hill, CA

What is the average rent in Morgan Hill, CA?

$2,820/month

Average Rent

753 Sq Ft

Average Apartment Size

+1.5%

Increase in the Last Year

As of April 2026, the average rent in Morgan Hill, CA is $2,820 per month. This is 72% higher than the national average rent price of $1,641/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 $2,399 per month for a studio, $2,820 for a one-bedroom apartment, and around $3,457 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $4,386 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$2,399/month
558 Sq Ft
One Bedroom
$2,820/month
753 Sq Ft
Two Bedroom
$3,457/month
1,087 Sq Ft
Three Bedroom
$4,386/month
1,396 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 Morgan Hill, CA?

In the past year, rent has increased by 1.5%, which averages out to $42 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 April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Morgan Hill, CA
Last Updated April 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in Morgan Hill, CA
Percentage*
Rent Range
0% Below $700/month
8% $700 - $1,000/month
0% $1,001 - $1,500/month
8% $1,501 - $2,000/month
85% Above $2,000/month

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

Because the average rent in Morgan Hill is $2,820, you’ll want to make about $9,400 per month or $112,800 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

192 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
  • Watsonville Average Rent
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Apartment communities in Morgan Hill we think you'll love

Vida at Morgan Hill

Vida at Morgan Hill

18303 Alpera Ln,
Morgan Hill, CA 95037

$2,831 - $4,924 Total Monthly Price

1-2 Beds

Morgan Ranch Apartments

Morgan Ranch Apartments

1100 Vintage Lane Rd,
Morgan Hill, CA 95037

$3,258 - $6,317

1-3 Beds

Sunsweet Apartments

Sunsweet Apartments

90 E 3rd St,
Morgan Hill, CA 95037

$2,710 - $3,359

Studio - 1 Bed

Village at Madrone

Village at Madrone

18730 Miner Ln,
Morgan Hill, CA 95037

$2,178 - $2,602

1-2 Beds

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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 February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity