• Renter Tools
    • Favorites
    • Saved Searches
  • Manage Rentals
  • Apartments For Rent
    • Aptos Apartments For Rent
    • Boulder Creek Apartments For Rent
    • Capitola Apartments For Rent
    • Carmel Apartments For Rent
    • Marina Apartments For Rent
    • Monterey Apartments For Rent
    • Pacific Grove Apartments For Rent
    • Pebble Beach Apartments For Rent
    • Royal Oaks Apartments For Rent
    • Salinas Apartments For Rent
  • Houses For Rent
    • Aptos Houses For Rent
    • Carmel Houses For Rent
    • Carmel-by-the-Sea Houses For Rent
    • Hollister Houses For Rent
    • Monterey Houses For Rent
    • Pacific Grove Houses For Rent
    • Pebble Beach Houses For Rent
    • Royal Oaks Houses For Rent
    • Salinas Houses For Rent
    • Santa Cruz Houses For Rent
  • Condos For Rent
    • Capitola Condos For Rent
    • Carmel Condos For Rent
    • Del Rey Oaks Condos For Rent
    • La Selva Beach Condos For Rent
    • Live Oak Santa Cruz Condos For Rent
    • Monterey Condos For Rent
    • Pebble Beach Condos For Rent
    • Rio Del Mar Condos For Rent
    • Salinas Condos For Rent
    • Santa Cruz Condos For Rent
  • Townhomes For Rent
    • Aptos Townhomes For Rent
    • Capitola Townhomes For Rent
    • Carmel Townhomes For Rent
    • La Selva Beach Townhomes For Rent
    • Live Oak Santa Cruz Townhomes For Rent
    • Monterey Townhomes For Rent
    • Pebble Beach Townhomes For Rent
    • Royal Oaks Townhomes For Rent
    • Santa Cruz Townhomes For Rent
    • Scotts Valley Townhomes For Rent
  • Help Center
  • Area Guide
  • Rent Calculator

Language

Apartments.com Logo
Manage Rentals      Sign Up / Sign In
Add a Property

Rental Market Trends in Pacific Grove, CA

What is the average rent in Pacific Grove, CA?

$2,043/month

Average Rent

636 Sq Ft

Average Apartment Size

+1.4%

Increase in the Last Year

As of September 2025, the average rent in Pacific Grove, CA is $2,043 per month. This is 25% higher than the national average rent price of $1,640/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 $1,737 per month for a studio, $2,043 for a one-bedroom apartment, and around $2,762 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,280 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,737/month
450 Sq Ft
One Bedroom
$2,043/month
636 Sq Ft
Two Bedroom
$2,762/month
957 Sq Ft
Three Bedroom
$2,280/month
1,075 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$4,596/month
1,368 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 1.4%, which averages out to $29 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 September 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Pacific Grove, CA
Last Updated September 2025
Above $2,000
Most rental prices fall within this range
Rent Ranges in Pacific Grove, CA
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
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Pacific Grove?

Based on current rent prices, Outer Monterey, Downtown Pacific Grove and Fifth Pacific Grove are the most affordable neighborhoods in Pacific Grove.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Outer Monterey
$2,771/month
652 Sq Ft
Downtown Pacific Grove
$3,616/month
653 Sq Ft
Fifth Pacific Grove
$3,737/month
652 Sq Ft

What are the most expensive neighborhoods in Pacific Grove?

Based on current rent prices, Fifth Pacific Grove, Downtown Pacific Grove and Outer Monterey are the most expensive neighborhoods in Pacific Grove.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Fifth Pacific Grove
$3,737/month
652 Sq Ft
Downtown Pacific Grove
$3,616/month
653 Sq Ft
Outer Monterey
$2,771/month
652 Sq Ft

Which Pacific Grove neighborhoods have the most rentals available?

The neighborhoods in Pacific Grove with the most apartments available are Outer Monterey, Downtown Pacific Grove and Fifth Pacific Grove .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Outer Monterey
$2,771/month
652 Sq Ft
Downtown Pacific Grove
$3,616/month
653 Sq Ft
Fifth Pacific Grove
$3,737/month
652 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Pacific Grove, CA?

Because the average rent in Pacific Grove is $2,043, you’ll want to make about $6,810 per month or $81,720 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

Pacific Grove, CA

53 Available Apartments for Rent

Search for Nearby Apartments

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.

Explore the Area Guide for Pacific Grove, CA

Apartment Averages

Outer Monterey

Pacific Grove, CA

Fifth Pacific Grove

Pacific Grove, CA

Studio
$1,622/month
-
One Bedroom
$2,105/month
-
Two Bedroom
$2,640/month
-
Three Bedroom
$2,910/month
-
Search
Search

Nearby City Rent Trends

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

Apartment communities in Pacific Grove we think you'll love

Ocean View at Pacific Grove Apartments

Ocean View at Pacific Grove Apartments

1141 Lighthouse Ave,
Pacific Grove, CA 93950

$3,000

2 Beds

Seventeen Mile Drive Village Apartment Homes

Seventeen Mile Drive Village Apartment Homes

1012 Pacific Grove Ln,
Pacific Grove, CA 93950

$4,461 - $9,175

2 Beds

Pacific Grove Senior Living

Pacific Grove Senior Living

551 Gibson Ave,
Pacific Grove, CA 93950

$2,895 - $10,500

Studio - 2 Beds

The Crest at Pacific Grove

The Crest at Pacific Grove

230 Grove Acre Ave,
Pacific Grove, CA 93950

$2,405 - $3,150

1-2 Beds

Learn More with Helpful Articles

The Benefits of Renters Insurance

Better safe than sorry! Protect yourself(and your stuff) with renters insurance.

9 Money Saving Tips for Relocating

Save money and start fresh using these tips and tricks.

How to Choose an Apartment Community You’ll Love

Avoid renter's remorse - know what to look for in your next apartment.

When Is the Best Time to Move?

The pros and cons of moving during each season.

Explore the Renterverse

Rental management, simplified

Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com

Start managing your rentals
United States California Pacific Grove 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 September 2025.

* Percentages may not total 100 due to rounding.

  • About Us
  • Advertise
  • Legal Notices
  • Privacy Notice
  • Avoid Scams
  • Accessibility
  • Blog
  • Sitemap
apartments.com
© 2025 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2025 CoStar Group, Inc.

Equal Housing Opportunity