Apartments for rent in Montecito Happy Valley, priced and graded.

Median asking rent in Montecito Happy Valley is $2,195/mo across 3 available listings. Current residents pay a median of $2,373/mo (Census estimate) — 11% below the SF Bay Area average and 70% above the national one. 66% of the 2,195 people here rent. Fairway tracks 3 Montecito Happy Valley properties across 9 sources, refreshed hourly.

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How much is rent in Montecito Happy Valley?

No. of bedsMedian% of rentalsUnits availableFind places
Studio$1,850/mo33%1Find places →
1 Bedroom$2,195/mo33%1Find places →
2 Bedroom$2,995/mo33%1Find places →

Medians: live listings in Fairway's rental index for Montecito Happy Valley, computed at page load. Availability refreshed continuously.

Rent affordability
$/yr

Comfortable is the 30% rule; landlords here typically require 2.5–3× the monthly rent in gross income. Montecito Happy Valley's $2,195/mo median asking rent sits in your a stretch range.

Who rents in Montecito Happy Valley

Census Rent Data

Rent Distribution

How much residents in Montecito Happy Valley pay in rent (Census data).

Under $500
4%
$1,500–$1,999
4%
$2,000+
92%

Is Montecito Happy Valley a good place to live?

Yes: Montecito Happy Valley grades A- overall — strongest on nightlife, weakest on housing.

Neighborhood Grades

Powered byNiche
Public SchoolsB
Cost of LivingD+
Safety—
NightlifeA+
Outdoor ActivitiesA
WalkabilityA

Compare Nearby Neighborhoods

NeighborhoodAsking rentListings availableOverall
Montecito Happy Valley$2,1953A-
Francisco Boulevard West—0B-
Country Club$4,7503A-
Canal$3,7479C+
Gerstle Park$2,69510A
Fairhills—1A-

Demographics & Diversity

Population, age distribution, and diversity breakdown for Montecito Happy Valley.

Population2,195
Median Income$80K
White
67%
Hispanic
19%
Asian
7%
Two or More
3%
Other
2%
Black
2%

Commute & Transportation

How residents of Montecito Happy Valley get to work.

Drive Alone59%
Walk/Bike6%
Work from Home23%

Housing Stock

Types of Housing

Housing type and age distribution in Montecito Happy Valley.

Home Types

Small Apt Building
44%
Single Family
37%
Large Apt Building
14%
Townhouse
2%
Mobile Home
2%

Home Age

2000–Present
16%
1980–1999
7%
1960–1979
30%
1940–1959
30%
Before 1939
17%

Renting in Montecito Happy Valley, explained

What is the average rent in Montecito Happy Valley?
The median asking rent in Montecito Happy Valley is $2,195/mo across 3 available listings in Fairway's index. Current residents pay a median of $2,373/mo (Census estimate), which includes long-held leases.
Is Montecito Happy Valley a good place to live?
Yes: Montecito Happy Valley grades A- overall — strongest on nightlife, weakest on housing.
What income do I need to rent in Montecito Happy Valley?
At the 30% rule, the $2,195/mo median asking rent in Montecito Happy Valley takes about $87,800 a year in gross income. Landlords typically ask for 2.5–3× the monthly rent.
How many people rent in Montecito Happy Valley?
66% of Montecito Happy Valley's 2,195 residents rent rather than own.
How many rentals are available in Montecito Happy Valley right now?
3 rentals are available in Montecito Happy Valley right now, across the 3 rental properties Fairway tracks there, refreshed continuously across our listing sources.
Is Montecito Happy Valley cheaper than the rest of SF Bay Area?
By what current residents pay (Census estimates), Montecito Happy Valley's $2,373/mo median is 11% below the SF Bay Area average; the comparison table above shows asking rents for 8 alternatives.

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