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Rental Market Trends in Morgan Hill, CA

What is the average rent in Morgan Hill, CA?

$2,904/month

Average Rent

752 Sq Ft

Average Apartment Size

+4.3%

Increase in the Last Year

Morgan Hill, CA Rental Market Overview

The average rent in Morgan Hill, CA is $2,904 per month. This is 77% higher than the national average rent price of $1,644/month, making Morgan Hill one of the most expensive cities in the US.

  • Studio apartments in Morgan Hill average $2,397 per month.
  • One-bedroom apartments in Morgan Hill average $2,904 per month.
  • Two-bedroom apartments in Morgan Hill average $3,541 per month.
  • Three-bedroom apartments in Morgan Hill average $4,069 or more per month.

Data Updated: June, 2026

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$2,397/month
558 Sq Ft
One Bedroom
$2,904/month
752 Sq Ft
Two Bedroom
$3,541/month
1,088 Sq Ft
Three Bedroom
$4,069/month
1,396 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$3,997/month
1,441 Sq Ft
Four Bedroom
$6,138/month
3,188 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 4.3%, which averages out to $126 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 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Morgan Hill, CA
Last Updated June 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 $2,904, you’ll want to make about $9,680 per month or $116,160 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

Morgan Hill, CA

198 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

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

$2,985 - $5,075 Total Monthly Price

1-2 Beds

Morgan Ranch Apartments

Morgan Ranch Apartments

1100 Vintage Lane Rd,
Morgan Hill, CA 95037

$3,317 - $6,708

1-3 Beds

Sunsweet Apartments

Sunsweet Apartments

90 E 3rd St,
Morgan Hill, CA 95037

$3,349 - $4,080

1-2 Beds

Village at Madrone

Village at Madrone

18730 Miner Ln,
Morgan Hill, CA 95037

$2,229

1 Bed

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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 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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Equal Housing Opportunity