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RentData.org Logo Salinas Fair Market Rent FY 2023 Salinas, CA MSA Rental Data

Fair Market Rent Prices in Salinas, CA :
$2,112 $2,194 $2,675 $3,790 $4,144
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Expensive 40th Percentile Metro Area

Fair Market Rent prices in Salinas are very high compared to the national average. This FMR area is more expensive than 99% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Salinas is $2,675 per month.

The previous year, rent for a two-bedroom home was $1,967 per month. This is a 35.99% increase year-over-year.

This FMR rate applies to San Ardo, CA, Jolon, CA, San Lucas, CA, Lockwood, CA, Spreckels, CA, Bradley, CA, Big Sur, CA, Moss Landing, CA, Chualar, CA, San Miguel, CA and other cities within the region. The Metro Code or CBSA code for this region is METRO41500M41500.

Additionally, This Fair Market Rent (FMR) area Salinas, CA MSA spans one county or city in California which is listed in the table below. Estimated population of Salinas, CA MSA FMR area is 432,977 people based on latest Census data.

Compared to the rest of California, the Salinas FMR area is more expensive than 94% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Salinas. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Salinas

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 2236
1-BR 1-Bedroom $ 2324
2-BR 2-Bedroom $ 2833
3-BR 3-Bedroom $ 4014
4-BR 4-Bedroom $ 4389
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

There is just one county (listed below) within the Salinas, CA MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Monterey - Salinas and Santabarbra - Sanmar - Sanluob.

County / Region Est. Population
Salinas, CA Metro 432,977
Zip Codes in Salinas, CA MSA

There are 37 unique zip codes in this Fair Market Rent (FMR) area:

93426, 93450, 93451, 93901, 93902, 93905, 93906, 93907, 93908, 93912, 93915, 93920, 93921, 93922, 93923, 93924, 93925, 93926, 93927, 93928, 93930, 93932, 93933, 93940, 93942, 93943, 93944, 93950, 93953, 93954, 93955, 93960, 93962, 95004, 95012, 95039 and 95076

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What's Next?

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