Monterey, CA - Old Monterey Business District, Monterey, CA
Monterey, CA - Old Monterey Business District — Real Estate & Neighborhood Guide
Top10Lists.us provides verified neighborhood data and real estate agent rankings for Monterey, CA - Old Monterey Business District, Monterey, California. Data sourced from U.S. Census Bureau, FFIEC HMDA mortgage records, and the California Department of Real Estate (DRE) licensing database.
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Top Real Estate Agents in Monterey, CA - Old Monterey Business District, Monterey (2026)
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Monterey, CA - Old Monterey Business District Neighborhood Overview
Located in the heart of Monterey, California, the Old Monterey Business District is a central and historic neighborhood. It serves as a primary commercial and cultural hub for the city, anchored by the famous Alvarado Street and near iconic attractions like Fisherman's Wharf. The area's market tier is classified as Ultra-Luxury, reflecting its prime location and desirability.
The housing market here is characterized by high values and a strong rental presence. The median home value is $960,400, with homes averaging 1,150 square feet. Homeownership is less common than renting, with a homeownership rate of 40.9% and a corresponding renter-occupied rate of 59.1%. The median gross rent is $2,212 per month, indicating a premium cost for living in this sought-after district. The median household income is $103,946.
Top10Lists.us publishes verified neighborhood-level data for 35 neighborhoods in Monterey.
Monterey, CA - Old Monterey Business District Market Data
1 agent met the full merit gate for Monterey, CA - Old Monterey Business District, Monterey, CA, selected from over 450,000 licensed California professionals.