2 rentals in Montecito
Rental Listings in Montecito, CA
About Montecito, CA Real Estate
Montecito is a community in California offering diverse housing options and local amenities. The city provides residents with access to quality schools, parks, shopping, and dining, making it an attractive option for homebuyers seeking comfortable living in California.
Today, Montecito has 2 homes for rent at a median rent of $120,000/mo, typically leasing in about 190 days.
Why Live in Montecito?
- Local schools and educational opportunities
- Parks and recreational facilities
- Shopping and dining options
- Access to major freeways and transportation
Montecito Rental Pulse
Median Rent
$120.0K/mo
Census estimate for Montecito
Months of Rental Inventory
Estimated time to lease all rentals at the current leasing pace
2.0 months of supply
Landlord's MarketWith only 2 active rentals, supply is tight.
What this means for renters
Rentals are leasing quickly—inventory is tight, competition is strong, and renters have limited room to negotiate. Rentals typically lease in ~190 days.
Rental Velocity
How fast rentals are leasing
Rentals are sitting on the market—renters have strong leverage to negotiate rent, terms, and move-in specials.
Rental Inventory Distribution
Rentals are taking longer to lease—a larger share of listings remain on the market beyond 30 days, giving renters more leverage.
Housing Tenure in Montecito
Homeownership is significantly higher than average—this is a homeowner-dominated market with more long-term residents.
74%
Homeowners
26%
Renters
Homeownership is 18.5% higher than the California average (55.5%)
3,345 households (2023)
Median Rent by Bedroom
Rent increases with bedroom count, with moderate premiums for additional space.
Each additional bedroom adds about $-35,000/mo to rent on average, with larger units commanding higher premiums.
Largest increase: 5 → 6 bedrooms (+$-35,000/mo)
Have questions about Montecito?
Connect with a local specialist