Cheap Apartments for Rent in Carmel, CA from $1,400 (27 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Carmel.

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.

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.

close
View Me
666 Casanova Ave
1 Bedroom Apartments

666 Casanova Ave

666 Casanova AveMonterey, CA 93940
  • Utilities Included
close
View Me
Sloat Apartments
1 to 2 Bedroom Apartments

Sloat Apartments

650 Sloat AveMonterey, CA 93940
  • Utilities Included
close
View Me
696casa
Studio to 2 Bedroom Apartments

696casa

696 Casanova AveMonterey, CA 93940
  • Utilities Included
close
View Me
501-555 Ocean Ave
1 Bedroom Apartments

501-555 Ocean Ave

501-555 Ocean AveMonterey, CA 93940
  • Utilities Included

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.

close
View Me
422 Alvarado St
1 to 2 Bedroom Apartments

422 Alvarado St

422 Alvarado StMonterey, CA 93940
close
View Me
Mar Vista Drive
Studio to 2 Bedroom Apartments

Mar Vista Drive

66-98 Mar Vista DrMonterey, CA 93940
  • Utilities Included
close
View Me
456dela
1 to 2 Bedroom Apartments

456dela

456 Dela Vina AveMonterey, CA 93940
  • Utilities Included

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.

Carmel, CA Local Guide

Cheapest Neighborhoods for Apartments in Carmel, CA

Pricing Updated: 05/26/2026

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Carmel By The Sea$3,100$1,79523

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 ListingModel NameBed/BathPriced From
Monterey Pines ApartmentsOne Bedroom One Bath1BR,1BA$2,400
131 Lighthouse Avenue - Monterey131L092BR,1BA$2,600
Surfside ApartmentsOne Bedroom1BR,1BA$2,650
Pacific Vista2X1 Townhouse Reno2BR,1BA$2,910
Footprints on the BaySeabreeze2BR,1BA$3,550
Coastal Senior Residences at The Park LaneThe Seabreeze - One Bedroom1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
255 Larkin St, Unit Apartment 1255 Larkin St2BR,1BA$3.00
131 Lighthouse Avenue - Monterey131L092BR,1BA$2.76
Footprints on the BaySeabreeze2BR,1BA$4.04
Monterey Pines ApartmentsTwo Bedroom One Bath2BR,1BA$3.82
Pacific Vista2X1 Townhouse Reno2BR,1BA$3.51
Coastal Senior Residences at The Park LaneThe Seabreeze - One Bedroom1BR,1BA$7.01
Surfside ApartmentsOne Bedroom1BR,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 Article
Decorative image

Real 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 Article
Decorative image

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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Carmel, CA Rentals by Map

View Map
Carmel, CA Apartments Map
View Map
Carmel, CA Rental Homes Map

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.