How much does off-campus housing near California State University, Monterey Bay really cost?
DIRECT ANSWER
Studio $1,641/mo · 1 BR $2,012/mo · 2 BR $2,890/mo · 3 BR $4,106/mo · September 2026. The figures describe the cited source's rental-market area, not a campus-radius, neighborhood, student-only or property-specific rate. Individual leases and mandatory fees vary.
- Studio $1,641/mo · 1 BR $2,012/mo · 2 BR $2,890/mo · 3 BR $4,106/mo · September 2026
- Mortgage figures are principal + interest only and use the stated rate/down-payment assumptions.
- Insurance figures are planning benchmarks, not property-specific quotes.
Published housing-cost benchmark for California State University, Monterey Bay: Studio $1,641/mo · 1 BR $2,012/mo · 2 BR $2,890/mo · 3 BR $4,106/mo · September 2026. The figures describe the cited source's rental-market area, not a campus-radius, neighborhood, student-only or property-specific rate. Individual leases and mandatory fees vary. Current median sale price: $799,600 (July 2026). At the cited market median, the stored 20%-down, 6.71% 30-year scenario is $4,132/mo principal + interest before taxes, insurance, HOA, PMI and fees. The local/planning homeowners-insurance benchmark is $3,060/yr; it is not a quote. For an actual off-campus lease, add every required monthly and one-time charge—utilities, internet, parking, renters insurance, deposits, application/admin fees, furnishing, transportation and any unused lease months—before comparing options.
Sources & verification
- CSUMB — Off-Campus Resources
- CSUMB current rent benchmark
- CSUMB current home-sale market
- Freddie Mac — current mortgage-rate benchmark
- CSUMB homeowners-insurance benchmark
- CollegeHousing.ai — current CSUMB housing market
- HUD Housing Counselor Study Guide — renting costs and responsibilities
- Federal Student Aid — How To Evaluate Your Aid Offers
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