3 rentals in Morgan Hill
Morgan Hill is a South County city with small-town atmosphere and wine tasting. Features affordable alternative to Silicon Valley.
Today, Morgan Hill has 3 homes for rent at a median rent of $4,950/mo, typically leasing in about 271 days. Families here choose from 4 schools rated 8 or higher on the Topfind School Score.
Powered by the Topfind School Score
Median Rent
$7,500/mo
Months of Rental Inventory
Estimated time to lease all rentals at the current leasing pace
0.5 months of supply
Landlord's MarketWith only 3 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 ~271 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. Leasing 64% faster than 6 months ago.
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 Morgan Hill
Homeownership is significantly higher than average—this is a homeowner-dominated market with more long-term residents.
72%
Homeowners
28%
Renters
Homeownership is 16.5% higher than the California average (55.5%)
14,511 households (2023)
Median Rent by Bedroom
Rent rises with each additional bedroom, with notable jumps for larger units.
Each additional bedroom adds about $4,037/mo to rent on average.
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