Apartments in Morgan Hill

1 - 6 of 6 Results
44
$2,099
605 Jarvis Dr Morgan Hill, CA
Studio | Available Now
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Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
23
$7,500
Morgan Hill, CA
6 BR | Available Now
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Dog Friendly
Cat Friendly
House
30
$1,650
San Martin, CA
1 BR | Available Now
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Air Conditioning
2
$2,795 - 3,795
Morgan Hill, CA
2 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Fitness Center
Storage
Pool
9
$1,999
Morgan Hill, CA
1 BR | Available Now
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Air Conditioning
3
$3,767 - 4,176
1100 Vintage Lane Morgan Hill, CA
2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
1 - 6 of 6 Results
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How much does it cost to rent an apartment in Morgan Hill?

Morgan Hill Apartments
Bed Type Average Rent Range
1BR $1,820 $1,650 - $2,000
2BR $3,790 $2,800 - $4,180
3BR $3,560 $3,320 - $3,800

Search Cities Near Morgan Hill, CA

Morgan Hill:
March Rent Report

Welcome to the March 2024 Morgan Hill Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 2024 key findings and figures for the Morgan Hill rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Morgan Hill and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Morgan Hill average rent prices in the chart below.

Monthly Rent Report

$3,950
$2,960
$1,980
$990
$0
Apr. 2023
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
1 BR       2 BR

Morgan Hill Rent Prices Decrease From February to March

Morgan Hill rent prices decreased over the last month. From February to March, the city experienced a -0.2% decrease for the price of a one-bedroom apartment. The rent price for a Morgan Hill one-bedroom apartments currently stands at $1,995.0.

When we take a look at the two-bedroom comparison from February to March, Morgan Hill experienced a 5.67% increase for the price of a two-bedroom apartment. The rent price for a Morgan Hill two-bedroom apartments currently stands at $3,483.0.

March Prices: Morgan Hill vs. Surrounding Areas

Rent Prices in Morgan Hill and Surrounding Areas

Rent prices have decreased in Morgan Hill over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Morgan Hill suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Morgan Hill suburbs

  • Rents did not decrease in any of the Morgan Hill suburbs.

March 2024 Pricing Trends: Morgan Hill vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,976
$3,029
$2,358
$2,336
$1,866
$1,310
$1,235
$1,124
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

Morgan Hill Rent Prices More Affordable Than Major Cities

Rent growth in Morgan Hill over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Morgan Hill average rent prices appear to be relatively affordable for local residents.

The price for a Morgan Hill one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Morgan Hill and surrounding area rent prices, take a look at the complete data set below.

Data set for Morgan Hill and suburbs

1 BR March 1 BR M/M % Change 2 BR March 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.