Monterey vs Sacramento: Housing
| Monterey | Sacramento | |
|---|---|---|
| Median Home Value | $1,076,300 | $506,300 |
| Median Gross Rent | $2,353/mo | $1,779/mo |
| Homeownership Rate | 36.2% | 51.7% |
| Rent as Share of Income | 27.5% | 24.4% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.