Rentometer, Inc. | Data as of 10/22/2025
Montecito, California, offers a distinctive rental landscape that blends coastal elegance with the serenity of a small‑city atmosphere. The market is dominated by spacious single‑family homes, reflecting the area’s reputation for luxury living and breathtaking ocean views. Prospective renters are drawn to prestigious neighborhoods such as the Montecito Riviera and the famed West Beach, where leafy streets and private beach access create an exclusive residential experience. The proximity to world‑class attractions like the historic Santa Barbara Mission, the upscale boutique shops on Coast Village Road, and renowned cultural venues adds to Montecito’s appeal for those seeking both relaxation and vibrant community life.
Rental options in Montecito primarily consist of high‑end houses, ranging from comfortable two‑bedroom homes that typically rent in the $6,000s to expansive three‑bedroom properties often reaching the $11,000 range. For families or individuals desiring ample space, four‑plus bedroom estates command premium rates, frequently seen in the $24,000s to $35,000 tier. These figures reflect the desirability of Montecito’s prime locations, impressive architectural designs, and the added privacy of gated communities. While apartments are less common, the limited supply underscores the city’s focus on spacious, stand‑alone residences that cater to upscale tastes.
Beyond the homes themselves, Montecito’s rental market benefits from a thriving local lifestyle. Residents enjoy easy access to scenic hiking trails in the Santa Ynez Mountains, renowned golf courses, and a variety of fine‑dining establishments that showcase California’s culinary excellence. The area's blend of natural beauty, cultural richness, and high‑quality housing makes Montecito a sought‑after destination for renters looking to invest in a premium coastal lifestyle.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| House | 2 Bedroom | $6,250 | $5,500 | $4,750 - $8,500 | $4,750 - $8,500 |
| House | 3 Bedroom | $11,600 | $9,900 | $2,100 - $20,000 | $7,650 - $17,000 |
| House | 4+ Bedroom | $24,733 | $27,500 | $7,900 - $38,500 | $9,500 - $37,500 |
In the current period, the average rent in Montecito was
$6,250 for 2 Bedroom,
$10,838 for 3 Bedroom, and
$22,667 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.