Ocean View at Pacific Grove Apartments
1141 Lighthouse Ave,
Pacific Grove, CA 93950
Studio - 2 Beds | $2,075 - $3,500
Rental Market Trends in Pacific Grove, CA
What is the average rent in Pacific Grove, CA?
$2,038/month
Average Rent
636 Sq Ft
Average Apartment Size
+1.7%
Increase in the Last Year
As of June 2025, the average rent in Pacific Grove, CA is $2,038 per month. This is 25% higher than the national average rent price of $1,628/month, making Pacific Grove one of the most expensive cities in the US. When you rent an apartment in Pacific Grove, you can expect to pay about $1,783 per month for a studio, $2,038 for a one-bedroom apartment, and around $2,890 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,275 or more.
Floor Plan Type
Average Rent
Average 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 Pacific Grove, CA?
In the past year, rent has increased by 1.7%, which averages out to $35 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
Rent Ranges in Pacific Grove, CA
Last Updated June 2025
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
21%
$1,001 - $1,500/month
21%
$1,501 - $2,000/month
58%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Pacific Grove?
Based on current rent prices, Outer Monterey, Fifth Pacific Grove and Downtown Pacific Grove are the most affordable neighborhoods in Pacific Grove.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Pacific Grove?
Based on current rent prices, Downtown Pacific Grove, Fifth Pacific Grove and Outer Monterey are the most expensive neighborhoods in Pacific Grove.
Neighborhood
Average Rent
Average Sq Ft
Which Pacific Grove neighborhoods have the most rentals available?
The neighborhoods in Pacific Grove with the most apartments available are Outer Monterey, Fifth Pacific Grove and Downtown Pacific Grove .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Pacific Grove, CA?
Because the average rent in Pacific Grove is $2,038, you’ll want to make about $6,793 per month or $81,516 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.
How does Pacific Grove, CA compare to other nearby cities and neighborhoods?
Use the tool below to compare Pacific Grove, 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.
Studio
$1,626/month
-
One Bedroom
$2,084/month
-
Two Bedroom
$2,649/month
-
Three Bedroom
$2,898/month
-
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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.