2

Pacific Grove, CA Townhomes for Rent

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    $2,995 Per Month

    • 1 Bed
    • 1 Bath
    • 625 Sq Ft
    • Townhouse for Rent

    731 Mermaid Ave, Pacific Grove, CA 93950

    INITIAL INFO Available now! TO VIEW THIS HOME: Register at to schedule a self-guided viewing. PROPERTY SUMMARY Nestled in the heart of Pacific Grove, CA, this exquisite one-bedroom, one-bathroom unit offers the perfect blend of comfort, convenience, and coastal charm. With a generous 625 square feet of beautifully designed living space, this home presents an unparalleled

    731 Mermaid Ave, Pacific Grove, CA 93950
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    $3,495 Per Month

    • 1 Bed
    • 1 Bath
    • 710 Sq Ft
    • Townhouse for Rent

    525 Laurel Ave, Pacific Grove, CA 93950

    INITIAL INFO: Available now for showings and occupancy, since it is furnished. TO VIEW: Register at to schedule an accompanied viewing. Live in “America’s Last Hometown” — Pacific Grove Enjoy the best of coastal living in this beautifully remodeled one-bedroom, one-bath upstairs cottage in the heart of Pacific Grove, offering ocean views and a serene small-town atmosphere

    525 Laurel Ave, Pacific Grove, CA 93950

Frequently Asked Questions

How much does it cost to rent a townhouse in Pacific Grove, CA?
The median rent for a townhouse in Pacific Grove, CA is $4,300 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Pacific Grove, CA?
To comfortably afford the median rent in Pacific Grove, CA, a household needs to earn roughly $165,880 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $4,147 per month in Pacific Grove, CA, renters typically need to show $12,441 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Pacific Grove, CA?
In Pacific Grove, CA, the price-to-rent ratio is 25.8, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Townhouses for Rent
2
Median Townhouse Rent
$4,300
Median 2 Bedroom Townhouse Rent
$4,300
Median 3 Bedroom Townhouse Rent
$4,850
How to Rent a Home