Cheap Apartments for Rent in Carmel, CA from $1,400 (34 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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.

property at 17 Encina Dr

$2,950

Total Monthly Price

Total Monthly Price

Base Rent
$2,950

Total Monthly Price
$2,950

1 Bedroom, 1.5 Bath Home for Rent

Available Apr 15

17 Encina Dr

Carmel ValleyCA93924
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
Mar Vista Drive
Studio to 2 Bedroom Apartments

Mar Vista Drive

66-98 Mar Vista DrMonterey, CA 93940
  • Utilities Included

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
501-555 Ocean Ave
1 Bedroom Apartments

501-555 Ocean Ave

501-555 Ocean AveMonterey, CA 93940
  • Utilities Included
close
View Me
422 Alvarado St
1 to 2 Bedroom Apartments

422 Alvarado St

422 Alvarado StMonterey, CA 93940
close
View Me
696casa
Studio to 2 Bedroom Apartments

696casa

696 Casanova 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.

close
View Me
456dela
1 to 2 Bedroom Apartments

456dela

456 Dela Vina AveMonterey, CA 93940
  • Utilities Included
close
View Me
DayStar Apartments
2 Bedroom Apartments

DayStar Apartments

412 Dela Vina AveMonterey, CA 93940
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Carmel, CA Local Guide

Cheapest Neighborhoods for Apartments in Carmel, CA

Pricing Updated: 04/10/2026

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$3,250$1,65033

Cheapest Available Carmel Apartments for Rent

 

The cheapest available apartment rental in Carmel, CA is a Studio unit found at Footprints on the Bay in the Villa Del Monte neighborhood priced from $2,590. 812 Park 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
Footprints on the BaySand DollarStudio,1BA$2,590
812 Park Avenue - Monterey2 Bedroom / 1 Bathroom2BR,1BA$2,600
131 Lighthouse Avenue - Monterey131Lr09b2BR,1BA$2,600
Surfside ApartmentsOne Bedroom1BR,1BA$2,650
Pacific Pines2 Bedroom2BR,1BA$3,250
Monterey Pines ApartmentsTwo Bedroom One Bath2BR,1BA$3,300
Pacific Vista2X1 Townhouse Reno2BR,1BA$3,351
RC15VC3BR/2.0BA3BR,2BA$3,600
Coastal Senior Residences at The Park LaneThe Seabreeze - One Bedroom1BR,1BA$5,395

Best Value Apartments for Rent in Carmel, CA

As of April 10, 2026 the best value apartment in the Carmel area is the $2.65 price per square foot 3BR/2.0BA Model at RC15VC in the starting from $3,600. 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.
RC15VC3BR/2.0BA3BR,2BA$2.65
131 Lighthouse Avenue - Monterey131L092BR,1BA$2.76
Monterey Pines ApartmentsTwo Bedroom One Bath2BR,1BA$3.82
Pacific Vista2X1 Townhouse Reno2BR,1BA$3.94
Pacific Pines2 Bedroom2BR,1BA$4.19
Coastal Senior Residences at The Park LaneThe Seabreeze - One Bedroom1BR,1BA$7.01
812 Park Avenue - Monterey2 Bedroom / 1 Bathroom2BR,1BA$3.71
Surfside ApartmentsOne Bedroom1BR,1BA$4.08
Footprints on the BaySand DollarStudio ,1BA$5.57

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

Read Article
Decorative image

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

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Decorative image

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.

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

What is the Cheapest Studio apartment in Carmel?

Currently the most affordable Cheap Studio Apartment in Carmel is at Footprints on the Bay listed at $2,590.

How much is rent for a Cheap One Bedroom Carmel Apartment?

The lowest price for a Cheap One Bedroom Carmel Apartment is $2,650 at Surfside 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 812 Park 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 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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.