salaryRent here is among the highest 10% in the country. Household incomes are higher than in 94% of U.S. cities. A typical house costs about 6.8 years of household income, so buying is hard for most locals. Commutes are long, about 33.5 minutes each way.
How much money do I need?
To rent here comfortably, you should earn about $140,040 a year. That is $67 an hour at a full-time job.
Is rent cheaper than other California cities?
No. Rent here is more expensive than in most of California. It is number 589 of 653 cities from cheapest to most expensive.
How much do households earn in Morgan Hill?
Share of households by yearly income. 61.9% of households earn $100,000 or more.
Rent by apartment size in Morgan Hill
| Size | Morgan Hill | U.S. average |
|---|---|---|
| Studio | $1,508 | $1,338 |
| 1 bedroom | $2,087 | $1,324 |
| 2 bedrooms | $2,482 | $1,509 |
| 3 bedrooms | $3,513 | $1,698 |
| 4 bedrooms | $3,658 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Morgan Hill overall?
Everyday prices in California overall are 11% above the U.S. average (index 110.7, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Morgan Hill, so the California figure is shown.
Taxes and bills in Morgan Hill
Life in Morgan Hill
Is it cheaper to rent or buy in Morgan Hill?
Renting is cheaper right now: about $4,896 a month less.
Owning assumes a typical $1,210,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $121,020 for the down payment.
Frequently asked questions
What is the average rent in Morgan Hill, CA?
Renting in Morgan Hill costs a median of about $3,500+ a month in 2026, including utilities. The California median is $2,357.
How much do I need to make to live in Morgan Hill?
To keep rent under 30% of income, you need about $140,040 a year, or $67 an hour at a full-time job.
Is Morgan Hill cheap or expensive?
Morgan Hill is rated OK: rent takes 23.8% of the typical household income of $176,788. It ranks 589th cheapest of 653 California cities we track.
How much are property taxes in Morgan Hill?
The median homeowner in Morgan Hill pays $9,330 a year in property taxes, about 0.77% of the median home value.
Is Morgan Hill more expensive than the national average?
Overall prices in California are 11% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Morgan Hill?
The median home value in Morgan Hill is $1,210,200, about 6.8 times the typical yearly household income.
45,425 people live in Morgan Hill. Numbers are typical (middle) values.