Rentometer, Inc. | Data as of 12/04/2025
Montecito’s rental market reflects the area’s reputation for upscale coastal living, offering a blend of spacious single‑family homes and a limited selection of apartments. Prospective renters are drawn to the city’s tree‑lined streets, boutique shops in Montecito Village, and easy access to nearby beaches and the Santa Barbara Harbor. The community’s proximity to cultural attractions such as the historic Montecito Country Club and the Mount Madonna Center adds to its appeal for professionals and families seeking a refined yet relaxed lifestyle.
Housing options in Montecito are predominantly houses, ranging from two‑bedroom dwellings to expansive four‑plus‑bedroom estates. Rental rates typically fall in the $10k‑$17k range for two‑ and three‑bedroom homes, while larger properties command figures around the $29k range. These price points underscore the premium nature of the local market, which is supported by well‑maintained neighborhoods like Oak Grove and the exclusive Alamo Ranch area. The city's emphasis on privacy, scenic mountain views, and convenient access to the Pacific coastline makes it a sought‑after destination for renters who value both comfort and convenience.
Beyond the homes themselves, Montecito offers a vibrant community atmosphere with events at the Montecito Library, nearby wine tasting rooms, and the annual Summer Solstice Festival. The combination of high‑quality rentals, natural beauty, and cultural amenities ensures that Montecito remains a premier choice for discerning renters in California’s coastal region.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| House | 2 Bedroom | $12,138 | $10,000 | $4,750 - $28,000 | $6,500 - $17,500 |
| House | 3 Bedroom | $17,731 | $14,750 | $2,100 - $39,000 | $9,900 - $30,000 |
| House | 4+ Bedroom | $28,883 | $29,000 | $7,900 - $59,000 | $11,900 - $37,500 |
In the current period, the average rent in Montecito was
$12,139 for 2 Bedroom,
$17,731 for 3 Bedroom, and
$22,491 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.