I think rents for homes (at least in Carmel Valley) in the past 6 months have defintely gone up by a good 10% if not more. In the middle of last year in the carmel valley area, I was looking at homes int eh 1800 to 2100 sqft range for $2000 to $2500. The same now can not be touch for the same price. More like $3000. Rents have definitely gone up. Not many homes for rent either.