Home / Select Cities  /  2024 Comparing Monterey, CA vs. Ann Arbor, MI

2024 Compare Cities Housing:
Monterey, CA vs Ann Arbor, MI

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Highlights
- The median age of a home in Monterey is 2.0% older than the median age of a home in Ann Arbor.

Housing
 Monterey, CAAnn Arbor, MIUnited States
 Median Home Age515042
 Median Home Cost$1,022,100$455,500$338,100
 Home Appr. Last 12 months14.7%13.1%16.6%
 Home Appr. Last 5 yrs.55.6%49.3%57.0%
 Home Appr. Last 10 yrs.157.7%109.8%101.1%
 Property Tax Rate$6.4$17.8$11.0
 Homes Owned32.1%42.7%57.4%
 Housing Vacant8.8%6.2%11.2%
 Homes Rented59.1%51.1%31.4%
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 Avg Rent For Home Or Apartment
 Monterey, CAAnn Arbor, MIUnited States
 Average Rent$4,960$1,950$1,840
 Studio Apartment$2,800$1,350$1,080
 1 Bedroom Home or Apartment$2,910$1,360$1,180
 2 Bedroom Home or Apartment$3,550$1,630$1,430
 3 Bedroom Home or Apartment$5,030$1,980$1,860
 4 Bedroom Home or Apartment$5,500$2,260$2,160
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 Vacant Housing
 Monterey, CAAnn Arbor, MIUnited States
 Vacant For Rent1.9%1.9%1.9%
 Vacant Rented0.6%1.6%0.4%
 Vacant For Sale0.0%0.4%0.7%
 Vacant Sold0.0%0.1%0.4%
 Vacant Vacation5.3%1.1%3.6%
 Vacant Other0.9%1.1%4.1%
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 Owner-Occupied Housing Value
 Monterey, CAAnn Arbor, MIUnited States
 Less Than $20,0001.0%0.7%2.6%
 $20,000 to $39,9990.4%0.3%2.4%
 $40,000 to $59,9990.0%0.0%2.8%
 $60,000 to $79,9990.2%0.6%3.9%
 $80,000 to $99,9990.0%0.7%4.5%
 $100,000 to $149,9990.5%4.4%11.3%
 $150,000 to $199,9990.0%6.4%13.0%
 $200,000 to $299,9991.9%20.5%20.1%
 $300,000 to $399,9992.5%24.6%13.6%
 $400,000 to $499,9995.1%18.8%8.3%
 $500,000 to $749,99927.0%14.9%9.7%
 $750,000 to $999,99933.8%5.1%3.9%
 $1,000,000 to $1,499,99917.7%2.5%2.2%
 $1,500,000 to $1,999,9996.2%0.3%0.8%
 $2,000,000 and over3.8%0.1%1.1%
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 Housing Units By Year Built
 Monterey, CAAnn Arbor, MIUnited States
 2015 and Newer0.0%0.2%0.2%
 2010 to 20143.9%5.8%13.6%
 2000 to 20093.9%5.8%13.6%
 1990 to 19997.2%11.7%13.6%
 1980 to 198913.5%11.3%13.2%
 1970 to 197921.2%16.9%14.8%
 1960 to 19697.2%11.7%13.6%
 1950 to 195919.1%11.1%10.0%
 1940 to 19495.9%5.0%4.7%
 1939 or Earlier12.2%15.0%12.2%

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Reviews for Monterey    21 Reviews

Over 7 years ago

The Monterey city area is an excellent place to live and one of the few California locales where it's relatively safe to raise a family. If I could no longer live here I  More

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I grew up on the Monterey Peninsula and had to leave to climb out of poverty. The median income is $35,000 and outside of the military, the jobs are mostly service  More

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My husband and I are just crazy about Monterey. I wonder if we take housing expenses (mortgage or rent) out of the picture, is Monterey still a very expensive city to  More

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Reviews for Ann Arbor    49 Reviews

Over 7 years ago

Highly educated city. traffic and parking is bad. university culture is nice, not sure about elsewhere. no good pizza! if you're looking for food, I recommend "a taste  More

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Uh, compared to my other favorite college towns this one lacks flavor. Safer and kinda pretty, but not the greenest place, it's fine. Good restaurants, music, art,  More

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Over 9 years ago

Ann Arbor bus service (AATA) is quite good. The Detroit Metro Airport is only a 20 min. drive away and is also quite good. The traffic in Ann Arbor is usually mild  More

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ZIPS IN MONTEREY, CALIFORNIA
93940 93943
ZIPS IN ANN ARBOR, MICHIGAN
48103 48104 48105 48109

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