
Cheap Apartments for Rent in Carmel, CA from $1,400 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in Carmel.


1291 10th St, Unit B

1170-1172 Second St

431 Monroe St

Monterey Pines Apartments

500 Glenwood Cir, Unit 113
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

1113 Fourth St

43 Laureles Grade, Unit 2

Footprints on the Bay

Surfside Apartments

680 Cortes St

DayStar Apartments
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

666 Casanova Ave

Villa Ramona Apartments

Sloat Apartments

696casa

501-555 Ocean Ave

1280 Del Monte Avenue - Monterey
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

422 Alvarado St

1021 Funston Ave

4305 Golden Oaks Ln

Mar Vista Drive

820 Casanova Ave

456dela
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

812 Park Avenue - Monterey

131 Lighthouse Avenue - Monterey

194 Hacienda Carmel
Carmel, CA Local Guide

How much does it cost to rent an apartment in Carmel?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Carmel Studio Apartments | $2,590 | $2,590 | $2,590 |
| Cheap Carmel 1 Bedroom Apartments | $3,026 | $2,000 | $5,695 |
| Cheap Carmel 2 Bedroom Apartments | $3,598 | $2,550 | $6,070 |
| Cheap Carmel 3 Bedroom Apartments | $13,500 | $10,000 | $10,000+ |
Browse Top Apartments in Carmel
See all Apartments in CarmelExplore Carmel
Carmel, CA Local Guide
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Cheapest Neighborhoods for Apartments in Carmel, CA
Pricing Updated: 05/26/2026Current apartment rentals in the Carmel, CA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Carmel Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Carmel By The Sea | $3,100 | $1,795 | 23 |
Cheapest Available Carmel Apartments for Rent
 The cheapest available apartment rental in Carmel, CA is a 1 Bed unit found at Monterey Pines Apartments in the Villa Del Monte neighborhood priced from $2,400. 131 Lighthouse Avenue - Monterey in the Villa Del Monte neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $2,600. Here is today’s list of the most affordable Carmel apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Monterey Pines Apartments | One Bedroom One Bath | 1BR,1BA | $2,400 |
| 131 Lighthouse Avenue - Monterey | 131L09 | 2BR,1BA | $2,600 |
| Surfside Apartments | One Bedroom | 1BR,1BA | $2,650 |
| Pacific Vista | 2X1 Townhouse Reno | 2BR,1BA | $2,910 |
| Footprints on the Bay | Seabreeze | 2BR,1BA | $3,550 |
| Coastal Senior Residences at The Park Lane | The Seabreeze - One Bedroom | 1BR,1BA | $5,395 |
Best Value Apartments for Rent in Carmel, CA
As of May 26, 2026 the best value apartment in the Carmel area is the $3.00 price per square foot 255 Larkin St Model at 255 Larkin St, Unit Apartment 1 in the in the Villa Del Monte neighborhood starting from $2,995. The second greatest value Carmel apartment is the 131L09 Model at 131 Lighthouse Avenue - Monterey starting at $2,600 with a $2.76 price per square foot in the Villa Del Monte neighborhood. Here is today’s list of the best values for Carmel apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 255 Larkin St, Unit Apartment 1 | 255 Larkin St | 2BR,1BA | $3.00 |
| 131 Lighthouse Avenue - Monterey | 131L09 | 2BR,1BA | $2.76 |
| Footprints on the Bay | Seabreeze | 2BR,1BA | $4.04 |
| Monterey Pines Apartments | Two Bedroom One Bath | 2BR,1BA | $3.82 |
| Pacific Vista | 2X1 Townhouse Reno | 2BR,1BA | $3.51 |
| Coastal Senior Residences at The Park Lane | The Seabreeze - One Bedroom | 1BR,1BA | $7.01 |
| Surfside Apartments | One Bedroom | 1BR,1BA | $4.08 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Carmel, CA Rentals by Map
See the most popular apartments and homes in Carmel, CA
Frequently Asked Questions about Cheap Carmel Apartments
How much is rent for a Cheap One Bedroom Carmel Apartment?
The lowest price for a Cheap One Bedroom Carmel Apartment is $2,400 at Monterey Pines Apartments.
What is the lowest price for a Cheap Two Bedroom Carmel Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Carmel is starting from $2,600 at 131 Lighthouse Avenue - Monterey.
Expert Rental Resources
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.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.