Cheap Apartments for Rent in Carmel Valley, CA from $700 (21 Rentals)

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

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233/235 Carmel Ave
1 Bedroom Apartments

233/235 Carmel Ave

233-235 Carmel AveMarina, CA 93933
  • Utilities Included
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394 Reservation Rd
1 to 3 Bedroom Apartments

394 Reservation Rd

394 Reservation RdMarina, CA 93933
  • Utilities Included

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Carmel Valley, CA Local Guide

Cheapest Available Carmel Valley Apartments for Rent and Nearby

 

The cheapest available apartment rental in Carmel Valley, CA is a 2 Beds unit found at Walnut Place & Walnut Terrace priced from $1,626. Boronda Manor in the North Salinas neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,751. Here is today’s list of the most affordable Carmel Valley apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Walnut Place & Walnut Terrace2 Bedroom 1 bath2BR,1BA$1,626
Boronda ManorOne Bedroom A1A/A1B1BR,1BA$1,751
The Shoreline at Monterey BayAqua Vista1BR,1BA$2,070
Cambridge CourtPlan A21BR,1BA$2,095
Northridge ParkThe Soraya1BR,1BA$2,125

Best Value Apartments for Rent in Carmel Valley, CA and Nearby

As of September 12, 2025 the best value apartment in the Carmel Valley area is the $2.79 price per square foot Galicia w/ Garage Model at Palm Court Apartments in the in the North Salinas neighborhood starting from $3,400. The second greatest value Carmel Valley apartment is the 2x2AR1T2 Model at Woodside Park starting at $3,263 with a $2.77 price per square foot in the South Salinas neighborhood. Here is today’s list of the best values for Carmel Valley apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Palm Court ApartmentsGalicia w/ Garage3BR,2BA$2.79
Woodside Park2x2AR1T22BR,2BA$2.77
Cypress Creek2x22BR,2BA$2.79
Pointe at NorthridgeDel Rio2BR,1BA$2.77
Plaza Apartments2BR/1.0BA2BR,1BA$2.80
Santa Lucia2 Bed 1.5 Bath2BR,1.5BA$3.23
Walnut Place & Walnut Terrace2 Bedroom 1 bath2BR,1BA$2.04
Northridge ParkThe Soraya1BR,1BA$2.98
Cambridge CourtPlan A21BR,1BA$3.12
Boronda ManorOne Bedroom A1A/A1B1BR,1BA$2.96

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

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Getting Around Carmel Valley, CA

Walk Score®

32 / 100

Car-Dependent

Most errands require a car

Bike Score®

18 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Carmel Valley Apartments

What is the Cheapest Studio apartment in Carmel Valley?

Currently the most affordable Cheap Studio Apartment in Carmel Valley is at Monterey Townhouse listed at $2,194.

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

The lowest price for a Cheap One Bedroom Carmel Valley Apartment is $1,688 at Boronda Manor.

What is the lowest price for a Cheap Two Bedroom Carmel Valley Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Carmel Valley is starting from $1,626 at Walnut Place & Walnut Terrace.

What is the most affordable Carmel Valley Three Bedroom Apartment?

The best deal on a cheap Carmel Valley Three Bedroom Apartment rental is at Walnut Place & Walnut Terrace and starts from $1,878.

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.

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.