361 Reeside Ave
MontereyCA93940
Cheap Apartments for Rent in the New Monterey Neighborhood of Monterey, CA from $1,500 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the New Monterey area of Monterey.
872 Alice St
MontereyCA93940
541 Wave St
MontereyCA93940
803 Hawthorne St
MontereyCA93940
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Rent Specials
from $1,8501 to 2 Bedroom Apartments Contact Us For Availability
The Shangri La Apartments
2875 David 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
178 Central Ave
Pacific GroveCA93950
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Showing Results 1-12, Page 1 of 1
New Monterey, 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 New Monterey?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Monterey Studio Apartments | $2,200 | $1,750 | $2,600 |
| New Monterey 1 Bedroom Apartments | $2,521 | $1,850 | $4,250 |
| New Monterey 2 Bedroom Apartments | $4,040 | $2,400 | $8,500 |
| New Monterey 3 Bedroom Apartments | $4,795 | $4,795 | $4,795 |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the New Monterey Neighborhood of Monterey, CA.
See all Apartments in MontereyExplore Monterey
New Monterey, Monterey, CA Local Guide
- Nearby Monterey neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available New Monterey Apartments for Rent
The cheapest available apartment rental in the New Monterey area of Monterey, CA is a Studio unit found at 832haw priced from $1,825. Pacific Grove - Senior Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $2,100. Here are the most affordable New Monterey apartments for rent in Monterey, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 832haw | 0BR/1.0BA | Studio,1BA | $1,825 |
| Pacific Grove - Senior Apartments | Lakepark | Studio,1BA | $2,100 |
| The Crest at Pacific Grove | Tranquility | 1BR,1BA | $2,400 |
| 431 Spencer Street - Monterey | 2 bedroom / 1 Bath | 2BR,1BA | $2,400 |
| Surfside Apartments | Plan B | 2BR,1BA | $3,050 |
Best Value Apartments for Rent in New Monterey, CA
As of April 07, 2025 the best value apartment in the New Monterey area is the $3.84 price per square foot Residence 1 Luxury Model at Seventeen Mile Drive Village Apartment Homes in the in the Monterey Vista neighborhood starting from $4,419. The second greatest value New Monterey apartment is the Plan B Model at Surfside Apartments starting at $3,050 with a $3.11 price per square foot in the Villa Del Monte neighborhood. Here is today’s list of the best values for New 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 | $3.84 |
| Surfside Apartments | Plan B | 2BR,1.5BA | $3.11 |
| Footprints on the Bay | Sand Castle | 2BR,2BA | $4.10 |
| The Crest at Pacific Grove | Tranquility | 1BR,1BA | $3.69 |
| 832haw | 0BR/1.0BA | Studio ,1BA | $4.38 |
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Pet Friendly LifestyleNew Monterey, Monterey, CA
Ranked #5
Among neighborhoods in Monterey, CA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Getting Around the New Monterey Neighborhood in Monterey, CA
Walk Score®
88 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
68 / 100
Bikeable
Some bike infrastructure
Transit Score®
32 / 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 New Monterey Apartments
How much is rent for a Cheap One Bedroom New Monterey Apartment?
The lowest price for a Cheap One Bedroom New Monterey Apartment is $1,875 at 832haw.
What is the lowest price for a Cheap Two Bedroom New Monterey Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in New Monterey is starting from $2,400 at 431 Spencer Street - Monterey.
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.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.
How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.