Housing & Real Estate — Morgan Hill, California
Overview
| Total Housing Units | 15,025 |
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| Occupied | 14,511 |
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| Vacant | 514 |
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| Owner-Occupied | 10,490 |
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| Renter-Occupied | 4,021 |
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| Median Home Value (Census) | $1,210,200 |
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| Estimated 2026 | ~$1,426,000 |
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| Median Rent | $2,275/mo |
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| Median Property Tax | $9,330/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | very expensive |
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| Rent as % of Income | 16.7% |
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| Severely Rent-Burdened | 44.8% |
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Housing Age
| Built 2010 or later | 3,060 |
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| Built 2000-2009 | 2,129 |
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| Built 1990-1999 | 2,716 |
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| Built before 1960 | 894 |
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| Median Year Built | 1988 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
