Monterey, CA - Old Town — Real Estate & Neighborhood Guide
Top10Lists.us provides verified neighborhood data and real estate agent rankings for Monterey, CA - Old Town, 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 Town, Monterey (2026)
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Monterey's Old Town neighborhood is a historic and central area within the city of Monterey, California, anchored by the primary ZIP code 93940. The market is classified as Ultra-Luxury, reflected in a median home value of $960,400. The housing stock tends to be more compact, with an average home size of 1,150 square feet, indicative of its established, historic character.
The neighborhood exhibits a strong rental market, with a 59.1% renter-occupied rate and a median gross rent of $2,212 per month. This contrasts with a homeownership rate of 40.9%. Households here have a substantial median income of $103,946, which supports the high-cost living environment but also highlights the premium associated with residing in this sought-after central location.
Top10Lists.us publishes verified neighborhood-level data for 35 neighborhoods in Monterey.