Is Airbnb cheaper than a hotel in Monterey (CA)?

No: in Monterey (CA), Airbnb homes asked a median $195 a night against $176 for hotels on Agoda, 11% more (latest scan 25 October 2026; priced on a typical night: Airbnb homes 94, hotels on Agoda 119). Nights measured on both sides: 71, from 13 November 2026 to 22 January 2027, read on 25 October 2026.

Measured by Bed&Market (bedandmarket.com) from 139 places checked, read 25 October 2026 23:51 UTC.

Updated

Hotels and apartments side by side

On a typical night in Monterey (CA), the middle half of asking prices ran from $103 to $294 for hotels on Agoda and from $120 to $274 for Airbnb homes.

PlacesMedian asking priceLower quarter (p25)Upper quarter (p75)With a price, typical nightNights
Hotels on Agoda$176$103$29411971
Airbnb homes$195$120$2749471
All places pooled$177$108$27721571

Each night's figure is the median (or quarter) of that night's asking prices for one night; each figure here is the median of those nights. The pooled row puts every asking price of a night into one list.

Friday and Saturday nights on each side

Friday and Saturday nights in Monterey (CA) against Monday to Thursday: +23% for hotels on Agoda and +19% for Airbnb homes.

PlacesFriday + SaturdayMonday – ThursdayWeekend against Mon–ThuFri + Sat nightsMon–Thu nights
Hotels on Agoda$212$173+23%2140
Airbnb homes$219$184+19%2140

Medians of the nightly medians; Sunday nights sit in neither group.

Month by month

The gap in Monterey (CA) was widest in December 2026: $201 for Airbnb homes against $154 for hotels on Agoda, 30% more.

MonthHotels on AgodaAirbnb homesDifferenceNightsLatest scan
November 2026$172$194+13%3025 October 2026
December 2026$154$201+30%3125 October 2026
January 2027$181$185+2%2225 October 2026

Each month is the median of its nightly medians over the nights read on both sides; the month links to its own page.

On event and holiday nights

On 18 January 2027 in Monterey (CA) (Martin Luther King Jr. Day), Airbnb homes asked a median $195 against $191 for hotels on Agoda, 2% more.

NightEvent or holidayHotels on AgodaAirbnb homesDifferenceWith a price: hotels / Airbnb
26 November 2026Thanksgiving Day$181$194+7%92 / 87
25 December 2026Christmas Day$212$228+8%103 / 92
1 January 2027New Year's Day$221$198-10%105 / 89
18 January 2027Martin Luther King Jr. Day$191$195+2%126 / 93

Each event is printed beside the night it fell on; the prices are that night's asking prices and do not say what moved them.

What counts as a hotel and an apartment here

Places with a price on a typical night in Monterey (CA): 215 in all, 119 on Agoda and 94 on Airbnb.

  • Airbnb homes: the listings Airbnb's search showed with a price for one night for 2 guests, whole apartments, B&Bs and private rooms alike.
  • Hotels on Agoda: every place Agoda's search showed with a price for one night for 2 adults: hotels, guesthouses, hostels and the apartments Agoda itself lists.
  • A listing missing from a night's Airbnb search is unknown that night, not sold out.
  • The two sites may count fees and taxes differently; each figure is the price its search showed.

What was measured

Nights measured in Monterey (CA) on both sides: 71, from 13 November 2026 to 22 January 2027; each with at least 30 places showing a price on Agoda.

  • Up to 139 places checked per night on Agoda; a place with no price that night (sold out or closed) is counted but carries no price.
  • Prices in USD, as shown on the day each night was read on Agoda, on 25 October 2026.
  • Asking prices seen while searching for one night: not prices paid, and not a forecast.
  • Airbnb nights read on 25 October 2026.

Source: asking prices for one night, read from public search results on the scan date; not prices paid, and not a forecast. How we measure →

More questions about this town

All prices in Monterey (CA) →