Comptroveby RentSpire

Monterey Grove

San Jose, CA

Market rate 2,026 units (unit count basis: listing-reported) Built 1999 Hazard/risk read: not observed

Asking & effective rent by bedroom

Average asking rent across observed units: $4,177. Average effective rent: $4,177.

TypeAsking rentEffective rentAvg sqftObservations
2 bedroom$3,675$3,6751,0351
3 bedroom$4,428$4,4281,1802

HUD Fair Market Rent gap

HUD area: not observed.

FMR comparison not observed for this property.

Amenities

Enjoy smart home features, secure package lockers, and bike storageHost friends in barbecue and picnic areasStay active in the 24-hour fitness centerSwim or soak in the refreshing saltwater pool and spaWatch your kids laugh and explore at the playgroundWork remotely or relax in the business center and resident lounge

Operator

Managed by Apartment Income REIT (AIRC).

Nearby comparable properties

Comparable apartments with rent data within 3 miles, ranked by the same similarity model used in the product.

No nearby comparables with rent data were found within 3 miles.

Sources & provenance

Sourced from https://www.montereygrove.com/floor-plan/2-bedroom/orchard-premier/06-201.html — 1 observation(s), last observed Aug 1, 2026.

Sourced from https://www.montereygrove.com/floor-plan/3-bedroom/woodland-premier/03-102.html — 1 observation(s), last observed Aug 1, 2026.

Sourced from https://www.montereygrove.com/floor-plan/3-bedroom/woodland-premier/03-303.html — 1 observation(s), last observed Aug 1, 2026.

Data age: 16 days. Last observed: Aug 1, 2026.

Market intelligence and decision support only. Not an appraisal, and not a recommendation to set any particular rent. Income-restricted product is never presented as a market-rate comparable — program type above reflects the governed affordability classification, not free-text asset labels.

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