Marina, California.
Typical home $861,175 (-0.1% in a year), asking rent $2,873 (+5.3%). Salinas, CA metro.
to buy the typical home at today's mortgage rate — +$2,189 (+94%) since Jan 2020.
- 1 year
- Down $670 -0%
- $861,845$861,175 since Sep 2025
- 5 years
- Up $68,584 +9%
- $792,591$861,175 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Marina$4,520
- California$3,997
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 42 years.
Typical home values in Marina, CA fell 0.1% over the past year — slower than the nation's +1.2%.
Asking rents in Marina, CA rose 5.3% over the past year — faster than the nation's +2.7%.
Owning the typical home in Marina runs $3,020/mo more than renting one. The gap peaked at $3,739 in Oct 2023.
That is $5,893 a month against $2,873 rent: a $4,520 mortgage payment, plus $451 property tax and $922 insurance & upkeep.
Owning vs renting — Marina
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$5,893
- Renting$2,873
- Mortgage only$4,520
Property tax · $451/mo 0.63% of value a year — the ACS 2020-2024 median bill over the median home value for Monterey County, CA
Insurance & upkeep · $922/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Marina, Monterey County, California
Marina is a city of 22,359 people in Monterey County. Half its households earn more than $95,955 a year and half less, against $97,230 across Monterey County; 12% of its people live below the poverty line. 43% of its homes are lived in by their owners and 57% are rented. Unemployment in Marina was 4.9% in August 2026, and Monterey County had 0.9% fewer jobs in 2025 than the year before. The most residents work in schools and health care, then shops.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Marina is a city on the Monterey Bay coast, with a population that skews younger than many American towns. Incomes run a little below the county's, and fewer homes are lived in by their owners than you might expect, so renting is common. Winters are cool and mild, summers stay comfortable, snow is rare, and rain is on the light side.
Work. Many residents work in schools, hospitals and social care, in shops, and in restaurants, hotels and entertainment. Among the largest workplaces in town are Joby Aviation Marina, Walmart and Target. Commutes are of middling length, and unemployment has eased a little over the past year, though jobs across Monterey County have slipped slightly.
Things to do. Marina State Beach and Fort Ord Dunes State Park are in or beside town, a protected stretch of coast for walking and looking out over the bay. A short drive away are the Monterey Bay Aquarium and the National Steinbeck Center, a museum. 17-Mile Drive, a well-known tourist attraction, is a longer drive away.
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- 7,760households
- 38%of adults have a degree
- 12%below the poverty line
- 24 mintypical commute
- 12%work from home
What residents work in
Employed residents by industry, from the Census survey. Monterey County had 198,525 jobs in 2025, 0.9% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in December, with highs near 62° and lows near 40°; warmest in September, with highs near 75° and lows near 52°. About 15 inches of rain a year, and little or no snow.
Average daily high and low, 1991–2020, at the Salinas #2 weather station, 7 miles away (NOAA).
Largest workplaces in Marina
- Joby Aviation MarinaAircraft manufacturing584
- WalmartWarehouse clubs and supercenters231
- TargetDiscount department stores211
- Scudder Roofing CompanyRoofing contractors137
- Kohl's38
- Southern Glazers Wine & SpiritsWine and distilled alcoholic beverage merchant wholesalers36
- Social Vocational ServicesCompanion services for disabled persons, the elderly, and persons diagnosed with intellectual and developmental disabilities30
- Cmw-goSupermarkets29
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 10 workplaces with 20 or more staff, 1,353 people in all. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- EarthquakesRelatively high
- Inland floodingRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Marina’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Monterey County and the Salinas, CA metro.
Marina home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Marina$861,175
- California$761,538
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 4 Marina listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Marina24.34%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Marina51
New listings per month
Sellers arriving at the market.
- Marina12
Zip codes with a Marina address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Marina — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.