361 Reeside Ave
MontereyCA93940
Cheap Apartments for Rent in the Old Monterey Business District Monterey, CA from $1,700 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Old Monterey Business District area of Monterey.
1170-1172 Second St
MontereyCA93940
close
View Me
from $2,124Studio to 3 Bedroom Apartments Available Now
Monterey Townhouse
825 Casanova AveMonterey, CA 93940
close
View Me
from $2,260Studio to 2 Bedroom Apartments Available Now
Footprints on the Bay
300 GlenwoodMonterey, CA 93940
771 Madison St
MontereyCA93940
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
from $2,100Studio to 2 Bedroom Apartments Available Now
Pacific Grove - Senior Apartments
551 Gibson AvePacific Grove, CA 93950
close
View Me
Rent Specials
from $2,175Studio to 2 Bedroom Apartments Available Now
Ocean View at Pacific Grove Apartments
1141 Lighthouse AvePacific Grove, CA 93950
Showing Results 1-14, Page 1 of 1
Old Monterey Business District, 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 Old Monterey Business District?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Old Monterey Business District Studio Apartments | $2,159 | $1,750 | $2,600 |
| Old Monterey Business District 1 Bedroom Apartments | $3,340 | $1,795 | $3,796 |
| Old Monterey Business District 2 Bedroom Apartments | $4,093 | $2,450 | $9,773 |
| Old Monterey Business District 3 Bedroom Apartments | $4,772 | $3,950 | $4,981 |
Browse Apartments in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Old Monterey Business District Neighborhood of Monterey, CA.
See all Apartments in MontereyExplore Monterey
Old Monterey Business District, Monterey, CA Local Guide
- Nearby Monterey neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Old Monterey Business District Apartments for Rent
The cheapest available apartment rental in the Old Monterey Business District area of Monterey, CA is a Studio unit found at Pacific Grove - Senior Apartments priced from $2,100. Ocean View at Pacific Grove Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $2,175. Here are the most affordable Old Monterey Business District apartments for rent in Monterey, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pacific Grove - Senior Apartments | Lakepark | Studio,1BA | $2,100 |
| Ocean View at Pacific Grove Apartments | Studio - 430sqft | Studio,1BA | $2,175 |
| 431 Spencer Street - Monterey | 2 bedroom / 1 Bath | 2BR,1BA | $2,400 |
| Monterey Townhouse | 1x1 Large | 1BR,1BA | $2,515 |
| Footprints on the Bay | Seascape | 1BR,1BA | $2,900 |
Best Value Apartments for Rent in Old Monterey Business District, CA
As of April 01, 2025 the best value apartment in the Old Monterey Business District area is the $3.88 price per square foot Residence 1 Luxury Model at Seventeen Mile Drive Village Apartment Homes in the in the Monterey Vista neighborhood starting from $4,465. The second greatest value Old Monterey Business District apartment is the 2 Bed / 1.5 Bath Model at 675 Jefferson Street - Monterey starting at $2,925 with a $2.86 price per square foot in the Monterey Vista neighborhood. Here is today’s list of the best values for Old Monterey Business District 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 | $3.88 |
| 675 Jefferson Street - Monterey | 2 Bed / 1.5 Bath | 2BR,1.5BA | $2.86 |
| Surfside Apartments | Plan B | 2BR,1.5BA | $3.11 |
| Footprints on the Bay | Seabreeze | 2BR,1BA | $4.15 |
| Monterey Pines Apartments | Two Bedroom One Bath | 2BR,1BA | $3.82 |
| Seagrove | A1.1 | 1BR,1BA | $4.62 |
| Monterey Townhouse | 1x1 Large | 1BR,1BA | $3.22 |
| Pacific Pines | 2 Bedroom | 2BR,1BA | $4.19 |
| Ocean View at Pacific Grove Apartments | Studio - 430sqft | Studio ,1BA | $5.06 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Let everyone know!
Do you know the Old Monterey Business District area?
If you’re an expert on all things Old Monterey Business District, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleOld Monterey Business District, Monterey, CA
Ranked #2
Among neighborhoods in Monterey, CA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Old Monterey Business District, 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)
7 out of 10
School data provided by Great Schools
Best Local Schools in Old Monterey Business District, 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)
7 out of 10
School data provided by Great Schools
Frequently Asked Questions about Cheap Old Monterey Business District Apartments
What is the Cheapest Studio apartment in Old Monterey Business District?
Currently the most affordable Cheap Studio Apartment in Old Monterey Business District is at Pacific Grove - Senior Apartments listed at $2,100.
How much is rent for a Cheap One Bedroom Old Monterey Business District Apartment?
The lowest price for a Cheap One Bedroom Old Monterey Business District Apartment is $2,515 at Monterey Townhouse.
What is the lowest price for a Cheap Two Bedroom Old Monterey Business District Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Old Monterey Business District 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.