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City · 20,232 residents · Monterey County, California

Greenfield , California

In Greenfield, a typical home is worth $531,400 and typical rent is $1,724 a month. Compared with all of Monterey County, the typical home value is 32% lower and typical rent is 16% lower.

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  • Typical home value

    $531,400

    32% below the county

    28% below California

    • Greenfield
    • Monterey
    • California

  • Typical rent

    $1,724a month

    16% below the county

    15% below California

    • Greenfield
    • Monterey
    • California

  • Typical household income

    $84,740a year

    13% below the county

    15% below California

    • Greenfield
    • Monterey
    • California

  • Households that own their home

    55%

    2 points above the county

    1 points below California

    • Greenfield
    • Monterey
    • California

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$549,110
0.8% more than 12 months ago

From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).

Greenfield is in Monterey County. The FHA loan limit ($994,750 for a one-unit home), the fair market rents and the help on this page are those of all of Monterey County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Greenfield apart

What this place has that others do not, from public data, most unusual first.

  1. The typical home in Greenfield is worth $531,400, 32% less than in Monterey County as a whole ($781,000).

  2. Nearby, in King City, the typical home value is $449,900: 15% less than in Greenfield ($531,400).

  3. The typical rent in Greenfield is $1,724 a month, 16% less than in Monterey County as a whole ($2,055).

  4. Greenfield has the 50th smallest share of rent-burdened renters of the 616 cities in California with more than 5,000 people (43%).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Greenfield

What homes there are in Greenfield, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

Detached houses, standing on their own, make up 67% of homes here, against 63% in Monterey County.

Year built

The typical home in Greenfield was built in 1996, 20 years after the typical one in Monterey County.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$2,193 a month

Monterey County: $2,832 a month

Without a mortgage

$532 a month

Monterey County: $785 a month

Owners with a mortgage

70%

Monterey County: 63%

In Greenfield, 70% of owners have a mortgage, and their typical cost is $2,193 a month, against $2,832 in Monterey County. Without one it drops to $532.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

The typical home value in Greenfield rose 74% since 2015–2019, more than in Monterey County (51%).

Rents in Greenfield rose more slowly than in Monterey County: 17% since 2015–2019, against 38%.

To compare: typical income in Greenfield rose 42%; the home, +74%; the rent, +17%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureGreenfieldMonterey CountyCaliforniaUnited States
Rental vacancy Unreliable estimate2.1%4.2%5.5%
Homeowner vacancy Unreliable estimate0.7%0.8%0.9%
More than one person per room 26.8%15.0%8.2%3.4%
People per household 4.563.162.842.53
Drive alone 72%70%66%69%
Carpool 12%10%10%9%
Public transit Unreliable estimate1%3%3%
Walk or bike Unreliable estimate3%3%3%
Work from home Unreliable estimate10%17%15%
Other means 11%6%2%2%
Typical commute Unreliable estimate20 to 29 minutes20 to 29 minutes20 to 29 minutes

More than one person per room: that is how 26.8% of households in Greenfield live, more than in Monterey County (15.0%).

Households in Greenfield are bigger: 4.56 people on average; in Monterey County, 3.16.

To get to work, 72% of workers in Greenfield drive alone; in Monterey County, 70%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Greenfield?

A typical home costs more than the typical income allows

We start with a typical home in Greenfield, worth $531,400, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 61% of the typical household income in Greenfield, which is $84,740 a year. For that payment to be 28% of income, a household would need to earn about $183,575 a year.

The calculator's FHA and conventional loan limits are those of all of Monterey County.

Your numbers

Local data
$

Starts at the typical home value in Greenfield. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $18,599 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$4,283

at 7.18% · 30 years

Loan amount
$521,775
Total interest
$750,712
Paid off in
November 2056

Includes $8,974 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,977 a month

  • Tight

    $1,977 to $2,542 a month

  • Hard

    more than $2,542 a month

    Your payment · 61%

Compared with the typical household income in Greenfield ($84,740 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$4,283
Principal & interest$3,535
Property tax$292
Home insurance$221
FHA mortgage insurance (MIP)$235

You need at least $18,599 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Greenfield and Monterey County

Greenfield is in Monterey County, California. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Greenfield's own numbers

Typical home value
$531,400
Typical monthly rent
$1,724
Typical yearly household income
$84,740
Households that own their home
55%
Effective property tax rate
0.66%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Monterey County

FHA limit, one-unit home
$994,750
Conventional limit, one unit
$994,750
HUD fair market rent, 2 bedrooms
$2,416
Price change over 5 years (FHFA)
+44%
Homes in a high flood-risk zone
2.8%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Monterey County.

Everything about Monterey County

Buying

Buying a home in Greenfield

A typical home in Greenfield is worth $531,400: 32% below the county and 28% below California. With the typical household income in Greenfield ($84,740 a year), a typical home costs 6.3 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Greenfield 6.3 years
  • Monterey 8.0 years
  • California 7.4 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Monterey County

According to FHFA’s house price index, home prices in Monterey County rose 94% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Monterey County.

Period County California U.S.
Last year (2025) +1.3% +0.8% +2.9%
5 years (2020–2025) +44% +40% +47%
10 years (2015–2025) +94% +80% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Greenfield next to Monterey County, California and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Greenfield $531,400
  • Monterey $781,000
  • California $734,700
  • United States $332,700
Typical monthly rent
  • Greenfield $1,724
  • Monterey $2,055
  • California $2,036
  • United States $1,413
Typical yearly household income
  • Greenfield $84,740
  • Monterey $97,230
  • California $99,122
  • United States $80,734
See the full table
Greenfield next to Monterey County and California
Measure Greenfield Monterey County California U.S.
Typical home value $531,400 $781,000 $734,700 $332,700
Typical monthly rent $1,724 $2,055 $2,036 $1,413
Typical yearly household income $84,740 $97,230 $99,122 $80,734
Households that own their home 55% 52% 56% 65%
Typical yearly property tax $3,514 $4,910 $5,124 $3,119
Effective property tax rate 0.66% 0.63% 0.7% 0.94%
Renters with high rent for their income 43% 56% 55% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Monterey County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Greenfield

For a typical $531,400 home in Greenfield, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Greenfield's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $4,283a month

    Least cash to close
    Down payment
    $18,599
    Cash to close
    $34,541
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $235

  • Conventional, 5% down $4,186a month

    Down payment
    $26,570
    Cash to close
    $42,512
    Rate
    7.18%
    Mortgage insurance
    PMI · $252

  • Conventional, 20% down, no PMI $3,394a month

    Down payment
    $106,280
    Cash to close
    $122,222
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $3,885a month

    Down payment
    $79,710
    Cash to close
    $95,652
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Greenfield and for Monterey County.

Property tax

Effective rate in Greenfield

0.66%of the home’s value each year

$3,514 a year for the typical owner in Greenfield.

  • Greenfield 0.66%
  • Monterey 0.63%
  • California 0.7%

What California publishes Homeowners' exemption (California State Board of Equalization (BOE))

Exemptions and deadlines in California

Flood risk in Monterey County

FEMA does not publish these numbers by city: they are for all of Monterey County.

Homes in the high-risk zone
2.8%
3,063
Of those, with NFIP insurance
23%
County California U.S.
Homes in the high-risk zone 2.8% 2.8% 3.5%
Of those, with NFIP insurance 23% 31% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Greenfield

Typical rent in Greenfield is $1,724 a month: 16% below the county. In Greenfield, 43% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Monterey County, by unit size. To pay the 2-bedroom one ($2,416 a month) without spending more than 30% of your income, you would need to earn $46.46 an hour working full time.

HUD fair market rent for all of Monterey County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,956 $37.62 $78,240
1 bedroom $2,009 $38.63 $80,360
2 bedrooms $2,416 $46.46 $96,640
3 bedrooms $3,261 $62.71 $130,440
4 bedrooms $3,551 $68.29 $142,040

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Greenfield

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Greenfield is in ZIP code 93927.

For 2 bedrooms it is $2,430: $14 more than the fair market rent for Monterey County ($2,416).

  • 93927 $2,430$3,270

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Greenfield when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Greenfield

HUD lists 11 buildings with rents for lower incomes in Greenfield. These are the largest.

  • Tyler Park Townhomes 1120 Heidi Dr, Greenfield 93927 88 homes, 87 low-income · 2 bd: 20 · 3 bd: 44 · 4 bd: 24 · In service since 2014 · For families
  • Walnut Grove Apartments 1002 Walnut Ave, Greenfield 93927 64 homes, 63 low-income · 2 bd: 8 · 3 bd: 32 · 4 bd: 24 · In service since 2019 · For families
  • Terracina Oaks II Apartments 1276 Oak Ave, Greenfield 93927 48 homes, 47 low-income · 2 bd: 24 · 3 bd: 24 · In service since 2016
  • Terracina Oaks Apts (greenfield) 252 13th St, Greenfield 93927 41 homes, 40 low-income · 2 bd: 16 · 3 bd: 17 · 4 bd: 8 · In service since 2012 · For families
  • Vineyard Green Townhomes 130 13th St, Greenfield 93927 40 homes, 39 low-income · 1 bd: 2 · 2 bd: 18 · 3 bd: 18 · 4 bd: 2 · In service since 2010 · For families

See all 86 buildings in Monterey County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Greenfield

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

We found no HUD-approved agencies with an office in Monterey County. The nearest ones are below; many serve by phone or online.

A pregnant woman reads paperwork on the sofa while the grandmother plays with the girl on the floor.

HUD counseling is free or low-cost

Assistance programs in Greenfield

No down payment, repair or rent-help program on our list is for Greenfield or Monterey County. The ones below are statewide in California: they work in Greenfield the same as in the rest of the state.

Which programs do I qualify for? All programs in California

  • MyHome Assistance Program

    Statewide in California

    CalHFA second loan with deferred payments for the down payment or closing costs of first-time buyers in California. Offered by California Housing Finance Agency (CalHFA).

    Deferred

    See the program Official page

  • California Dream For All Shared Appreciation Loan

    Statewide in California

    Closed, per the source

    CalHFA down payment loan for first-generation buyers in California; when you sell, you repay the loan plus a share of the home's appreciation. Offered by California Housing Finance Agency (CalHFA).

    Shared appreciation

    See the program Official page

  • MyAccess Program

    Statewide in California

    CalHFA second loan with deferred payments for the down payment or closing costs of first-time buyers who use the CalPLUS Access mortgage (FHA or conventional). Offered by California Housing Finance Agency (CalHFA).

    Deferred

    See the program Official page

Housing counselors near Greenfield

The HUD-approved agencies closest to the center of Greenfield, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Habitat for Humanity East Bay/Silicon Valley - Milpitas

    1608 Las Plumas Ave, San Jose · 79 miles away · Spanish

    • Budget and financial counseling
    • Budget and credit workshops
    • and 3 more
    (510) 803-3362

  • Santa Clara County Asian Law Alliance

    991 W Hedding St, San Jose · 80 miles away · Spanish

    Also serves in Cantonese, Mandarin Chinese, Korean, and Vietnamese.

    • Fair housing pre-purchase workshops
    • Homelessness services
    • and 2 more
    (408) 287-9710

  • Project Sentinel

    1490 El Camino Real, Santa Clara · 81 miles away

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 5 more
    (408) 470-3730

All counseling agencies in California

Help in Spanish near Greenfield

2 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Greenfield

HUD’s record names them for Greenfield or Monterey County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Housing Authority of the County of Monterey Public housing and Section 8 vouchers (831) 775-5000

All housing agencies in California Source: HUD

Cities

Other cities in Monterey County

These cities are also in Monterey County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Monterey County Housing in California

Nearby cities

The cities closest to Greenfield, with the typical home value.

Neighboring counties

If Monterey County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Greenfield.

All guides
Three women of one family lean in together to stir the pan.

Questions

Housing questions about Greenfield

Short answers with the numbers for Greenfield and all of Monterey County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Greenfield?

The typical home value in Greenfield is $531,400, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Monterey County it is $781,000.

How much does it cost to rent in Greenfield?

Typical rent in Greenfield is $1,724 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Monterey County is $2,416.

What is the FHA loan limit in Greenfield?

Greenfield uses the FHA limit for all of Monterey County (2026): $994,750 for a one-unit home and $1,913,000 for a four-unit home.

How much property tax do owners pay in Greenfield?

The typical homeowner in Greenfield pays $3,514 a year, according to the U.S. Census Bureau. That is 0.66% of the home’s value; in Monterey County, the rate is 0.63%.

Where can I find free help to buy or rent in Greenfield?

We found no HUD-approved counseling agencies with an office in Monterey County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).