500 Glenwood Cir, Unit 537
500 Glenwood Cir
MontereyCA93940
Cheap Homes for Rent in Monterey, CA from $1,500 (12 Rentals)
Cheap Homes in Monterey.
339 Vía Paraiso, Unit Downstairs
339 Vía Paraiso
MontereyCA93940
816 Jessie St
MontereyCA93940
2951 Club Rd
Pebble BeachCA93953
2952 Club Rd
Pebble BeachCA93953
2950 Club Rd
Pebble BeachCA93953
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
263 Monroe St
MontereyCA93940
463 Reeside Ave
MontereyCA93940
605 2nd St
Pacific GroveCA93950
500 Glenwood Cir
MontereyCA93940
205 15th St
Pacific GroveCA93950
851 Taylor St
MontereyCA93940
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
Showing Results 1-12, 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 a home in Monterey?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monterey 2 Bedroom Homes for Rent | $3,560 | $2,500 | $4,990 |
| Monterey 3 Bedroom Homes for Rent | $5,206 | $3,450 | $9,500 |
| Monterey 4 Bedroom Homes for Rent | $7,556 | $4,600 | $10,000+ |
Browse Top Homes for Rent in Monterey
Explore Monterey
Monterey, CA Local Guide
- Monterey Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Monterey, CA
Pricing Updated: 05/08/2025Current apartment rentals in the Monterey, CA area range in price from $788 to $8,251 with an overall median price of $3,934. The three Monterey neighborhoods with the lowest median rent pricing are Old Monterey at $1,650, Old Town at $1,695, and New Monterey at $1,695. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Monterey Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Old Monterey | $2,875 | $1,650 | 4 |
| Old Town | $2,875 | $1,695 | 4 |
| New Monterey | $3,300 | $1,695 | 34 |
| Skyline Forest | $3,300 | $1,650 | 39 |
| Monterey Vista | $3,337 | $1,650 | 26 |
| Casanova Oak Knoll | $4,732 | $788 | 83 |
| Del Monte Grove Laguna Grande | $4,732 | $788 | 83 |
| Old Monterey Business District | $4,732 | $788 | 107 |
| Outer Monterey | $4,732 | $788 | 134 |
| Villa Del Monte | $4,732 | $788 | 86 |
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. Monterey Townhouse in the Villa Del Monte neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,994. 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 |
| Monterey Townhouse | Studio Reno | Studio,1BA | $1,994 |
| SeaBreeze Apartment Homes | A1JR | 1BR,1BA | $2,350 |
| 431 Spencer Street - Monterey | 2 bedroom / 1 Bath | 2BR,1BA | $2,400 |
| Pacific Grove Senior Living | Studio - Lake Park | Studio,1BA | $2,400 |
Best Value Apartments for Rent in Monterey, CA
As of May 08, 2025 the best value apartment in the Monterey area is the $3.73 price per square foot Residence 1 Luxury Model at Seventeen Mile Drive Village Apartment Homes in the in the Monterey Vista neighborhood starting from $4,289. The second greatest value Monterey apartment is the 255 Larkin St Model at 255 Larkin St, Unit No. 3 starting at $2,795 with a $2.80 price per square foot in the Villa Del Monte 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. |
|---|---|---|---|
| Seventeen Mile Drive Village Apartment Homes | Residence 1 Luxury | 2BR,2BA | $3.73 |
| 255 Larkin St, Unit No. 3 | 255 Larkin St | 2BR,1BA | $2.80 |
| Surfside Apartments | Plan B | 2BR,1.5BA | $3.11 |
| 464-472 Ramona Avenue - Monterey | 2 Bedroom / 1 Bathroom | 2BR,1BA | $3.17 |
| 262 Clay St, Unit 3 | 262 Clay St | 2BR,1BA | $3.56 |
| Footprints on the Bay | Seabreeze | 2BR,1BA | $4.10 |
| Monterey Pines Apartments | Two Bedroom One Bath | 2BR,1BA | $3.82 |
| 107 18th St | 107 18th St | 1BR,1BA | $3.69 |
| 832haw | 1BR/1.0BA | 1BR,1BA | $3.75 |
| 1191 Birch Ave, Unit Studio behind the gate | 1191 Birch Ave | Studio ,1BA | $4.06 |
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Frequently Asked Questions about Monterey
What type of rentals are currently available in Monterey?
There are currently 392 Apartments for Rent in Monterey, CA with pricing that ranges from $788 to $8,251. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monterey ranging from $1,580 to $14,850.
What is the current price range for Rental Homes in Monterey?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Monterey ranges from $1,580 to $14,850 with an average monthly rent of $4,467.
How much are larger Three and Four Bedroom Rentals in Monterey?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Monterey range from $4,628 to $4,732, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,450 to $9,500. Four Bedroom Single-Family rentals are also available starting from $4,600 and Four Bedroom Apartments start at $3,995.
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.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.