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Cheap Apartments for Rent in Monterey, CA from $1,300(21 Rentals)
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from $2,012Studio to 3 Bedroom Apartments Available Now
Monterey Townhouse
825 Casanova AveMonterey, CA 93940
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Rent Specials
from $1,795Studio to 2 Bedroom Apartments
Mar Vista Drive
66-98 Mar Vista DrMonterey, CA 93940
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from $2,0751 Bedroom Apartments Available Now
1280 Del Monte Avenue - Monterey
1280 Del Monte AveMonterey, CA 93940
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from $1,8501 to 2 Bedroom Apartments Available Jan 1, 2025
The Shangri La Apartments
2875 David AvePacific Grove, CA 93950
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Rent Specials
from $1,925Studio to 2 Bedroom Apartments Available Now
Ocean View at Pacific Grove Apartments
1141 Lighthouse AvePacific Grove, CA 93950
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from $2,100Studio to 2 Bedroom Apartments Available Now
Pacific Grove - Senior Apartments
551 Gibson AvePacific Grove, CA 93950
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from $1,5001 Bedroom Apartments
517 Fountain Avenue - Pacific Grove
517 Fountain AvePacific Grove, CA 93950
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Showing Results 1-21, Page 1 of 1
Monterey, CA Local Guide
Sailboats in the Bay by Travis Wise is licensed under CC BY 2.0
How much does it cost to rent an apartment in Monterey?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Monterey Studio Apartments | $1,934 | $1,380 | $2,600 |
| Cheap Monterey 1 Bedroom Apartments | $3,142 | $1,850 | $3,796 |
| Cheap Monterey 2 Bedroom Apartments | $3,952 | $2,400 | $10,000+ |
| Cheap Monterey 3 Bedroom Apartments | $4,783 | $4,000 | $4,981 |
Browse Top Apartments in Monterey
See all Apartments in MontereyExplore Monterey
Monterey, CA Local Guide
Written By:
Justin HabersaatEditing Staff
- Monterey Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Monterey, CA
Pricing Updated: 12/26/2024Current apartment rentals in the Monterey, CA area range in price from $675 to $10,984 with an overall median price of $4,475. The three Monterey neighborhoods with the lowest median rent pricing are Monterey Vista at $1,380, New Monterey at $1,500, and Skyline Forest at $1,380. Here is today’s list of the top 8 neighborhoods with the lowest median pricing for Monterey Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Monterey Vista | $3,000 | $1,380 | 6 |
| New Monterey | $4,000 | $1,500 | 9 |
| Skyline Forest | $4,000 | $1,380 | 11 |
| Outer Monterey | $4,879 | $675 | 59 |
| Casanova Oak Knoll | $4,981 | $1,350 | 11 |
| Del Monte Grove Laguna Grande | $4,981 | $1,350 | 11 |
| Old Monterey Business District | $4,981 | $1,380 | 14 |
| Villa Del Monte | $4,981 | $1,350 | 11 |
Cheapest Available Monterey Apartments for Rent
The cheapest available apartment rental in Monterey, CA is a 1 Bed unit found at 832haw in the Outer Monterey neighborhood priced from $1,875. Ocean View at Pacific Grove Apartments in the Outer Monterey neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,925. Here is today’s list of the most affordable Monterey apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 832haw | 1BR/1.0BA | 1BR,1BA | $1,875 |
| Ocean View at Pacific Grove Apartments | Studio - 430sqft | Studio,1BA | $1,925 |
| Monterey Townhouse | Studio Reno | Studio,1BA | $2,012 |
| 1280 Del Monte Avenue - Monterey | 1 Bedroom / 1 Bath | 1BR,1BA | $2,075 |
| Pacific Grove - Senior Apartments | Lakepark | Studio,1BA | $2,100 |
Best Value Apartments for Rent in Monterey, CA
As of December 26, 2024 the best value apartment in the Monterey area is the $1.56 price per square foot 1870 Park Ave Model at 1870 Park Ave, Unit A in the in the Villa Del Monte neighborhood starting from $2,800. The second greatest value Monterey apartment is the 2 Bedroom / 2.5 bathroom Model at 70 Forest Ridge #27 starting at $3,200 with a $2.32 price per square foot in the Monterey Vista neighborhood. Here is today’s list of the best values for Monterey apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1870 Park Ave, Unit A | 1870 Park Ave | 2BR,2BA | $1.56 |
| 70 Forest Ridge #27 | 2 Bedroom / 2.5 bathroom | 2BR,2.5BA | $2.32 |
| The Independent | Two Bedroom | 2BR,2BA | $3.08 |
| Seventeen Mile Drive Village Apartment Homes | Residence 1 Luxury | 2BR,2BA | $3.68 |
| Surfside Apartments | Plan B | 2BR,1.5BA | $3.11 |
| Monterey Pines Apartments | Two Bedroom Two Bath | 2BR,2BA | $3.93 |
| 456dela | 1BR/1.0BA | 1BR,1BA | $3.44 |
| 1280 Del Monte Avenue - Monterey | 1 Bedroom / 1 Bath | 1BR,1BA | $3.46 |
| 832haw | 1BR/1.0BA | 1BR,1BA | $3.75 |
| Ocean View at Pacific Grove Apartments | Studio - 430sqft | Studio ,1BA | $4.48 |
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Monterey Overview
Located along the southern tier of the gorgeous Monterey Bay, this prime slice of central California real estate is an excellent option for those eager to discover all the west coast has to offer. A notable artist's community that appeals to a wide range of lifestyles, Monterey rentals have much to offer and are always in demand.
Why live in Monterey, CA?
Home to a wide assortment of cultural hotspots, sweeping oceanic beauty and plenty of charming west coast ambiance, apartments for rent in Monterey have broad appeal with good reason. Fishing is still almost omnipresent around the waterfront bay, and lively bands and quaint boutiques co-exist along the downtown scene. Add to that an enviable climate and some truly welcoming locals, and you have a California zip code well worth bragging over.
Best Local Schools in Monterey, CA
La Mesa Elementary
Monterey Peninsula Unified School District
Public School - Grades K-8 (564)
6 out of 10
Monterey High
Monterey Peninsula Unified School District
Public School - Grades 9-12 (1399)
8 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Monterey, CA Rentals by Map
See the most popular apartments and homes in Monterey, CA
Monterey, CA Apartments MapMonterey, CA Rental Homes MapGetting Around Monterey, CA
Walk Score®
73 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
60 / 100
Bikeable
Some bike infrastructure
Transit Score®
35 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Monterey Apartments
What is the Cheapest Studio apartment in Monterey?
Currently the most affordable Cheap Studio Apartment in Monterey is at Ocean View at Pacific Grove Apartments listed at $1,925.
How much is rent for a Cheap One Bedroom Monterey Apartment?
The lowest price for a Cheap One Bedroom Monterey Apartment is $1,875 at 832haw.
What is the lowest price for a Cheap Two Bedroom Monterey Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Monterey is starting from $2,800 at Ocean View at Pacific Grove Apartments.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.
Navigating the World of Low-Income Housing: A Comprehensive Guide
Written by: Kevin Ready
Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.
Signing Your Apartment Lease: The Basics
Written by: Trey Huguley
When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.
Real Estate Term Glossary: Your Guide to The A to Zs of Renting
Written by: Kevin Ready
Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new language.