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Montecito, CA Home Values and Rents

The typical home value in Montecito is $5,676,751, 43rd highest of 1,044 cities and towns in California. Median rent is $18,039 a month.

Typical home value
$5,676,751
43rd of 1,044 in CA
Median rent
$18,039/mo
Zillow observed rent
Price change, 1 year
+13.0%
Sep 2026
Homeownership
75.8%
CA: 55.9%

Home sale prices in the Santa Maria-Santa Barbara, CA area

Zillow median sale price, Sep 2026

$1,126,392+32.1% from a year earlier

Half of homes in the metro area sold for more and half for less. Zillow publishes sale prices for metro areas, not for single counties or cities.

Typical home value in Montecito

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodMontecito
Sep 2026$5,676,751
Dec 2025$5,268,292
Dec 2024$4,974,063
Dec 2023$4,817,573
Dec 2022$4,736,553
Dec 2021$4,297,259
Dec 2020$2,991,540
Dec 2019$2,804,263
Dec 2018$2,918,747
Dec 2017$2,917,063
Dec 2016$2,782,265
Dec 2015$2,675,454
Dec 2014$2,576,784
Dec 2013$2,347,109
Dec 2012$1,985,036

Over five years, Montecito prices changed +44.5%.

Source: Zillow Research · Last updated 09/01/2026

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Home values by ZIP code

Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index

Swipe the table sideways to see more columns.

#ZIP codeMedian valueMedian rent1-year5-year
193108$2,000,000+$3,500+-22.9%-35.4%

Fair Market Rents, FY2027

HUD rent standard for Santa Maria-Santa Barbara, CA MSA

CA rents
Unit sizeMonthly rentvs FY2026
Studio$2,479+0.8%
1 bedroom$2,711-1.3%
2 bedrooms$3,106-0.6%
3 bedrooms$3,990-2.1%
4 bedrooms$4,557-1.9%

Frequently asked questions

What is the typical home value in Montecito, CA?
The typical home value in Montecito is $5,676,751 (Zillow Home Value Index, Sep 2026). The California median is $734,700.
How much is rent in Montecito?
The median rent in Montecito is $18,039 a month (Zillow Observed Rent Index). HUD's FY2027 Fair Market Rent for a two-bedroom unit is $3,106.
Are home prices going up in Montecito?
The typical home value in Montecito changed +13.0% over one year and +44.5% over five years, as of Sep 2026.
How does Montecito compare with the rest of California?
Montecito has the 43rd highest median home value of 1,044 cities and towns with 1,000+ residents in California.
Which ZIP code in Montecito has the highest home values?
ZIP code 93108 has the highest median home value at $2,000,000+.