Cheap Apartments for Rent in Carmel Valley, CA from $993 (47 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Monterey Townhouse
$2,099 - $3,187

Total Monthly Price

Base Rent$2,099 - $3,187
Total Monthly PriceVaries
Studio to 3 Bedroom Apartments Available Now

Monterey Townhouse

825 Casanova AveMonterey, CA 93940
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Cypress Creek
$2,121 - $3,293

Total Monthly Price

Base Rent$2,121 - $3,293
Total Monthly PriceVaries
1 to 2 Bedroom Apartments Available Now

Cypress Creek

162-162 Casentini StSalinas, CA 93907
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Pacific Vista
$2,410 - $2,989

Total Monthly Price

Base Rent$2,410 - $2,989
Total Monthly PriceVaries
1 to 2 Bedroom Apartments Available Now

Pacific Vista

57 Soledad DrMonterey, CA 93940
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Sheridan Park
$2,445 - $2,881

Total Monthly Price

Base Rent$2,445 - $2,881
Total Monthly PriceVaries
1 to 2 Bedroom Apartments Available Now

Sheridan Park

1450 N 1st StSalinas, CA 93906
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Woodside Park
$2,748

Total Monthly Price

Base Rent$2,748
Total Monthly PriceVaries
2 Bedroom Apartments Available Soon

Woodside Park

1040 Riker StSalinas, CA 93901
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336 Central Ave
1 Bedroom Apartments

336 Central Ave

336 Central AveSalinas, CA 93901
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University Apartments
2 Bedroom Apartments

University Apartments

921 University AveSalinas, CA 93901
  • Utilities Included

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.

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233/235 Carmel Ave
1 Bedroom Apartments

233/235 Carmel Ave

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

394 Reservation Rd

394 Reservation RdMarina, CA 93933
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Mar Vista Drive
Studio to 2 Bedroom Apartments

Mar Vista Drive

66-98 Mar Vista DrMonterey, CA 93940
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71 Navajo Drive
2 Bedroom Apartments

71 Navajo Drive

71 Navajo DrSalinas, CA 93906
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740 Crocker Ave
Studio to 2 Bedroom Apartments

740 Crocker Ave

740 Crocker AvePacific Grove, CA 93950
  • 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.

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DayStar Apartments
2 Bedroom Apartments

DayStar Apartments

412 Dela Vina AveMonterey, CA 93940
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Showing Results 1-47, Page 1 of 1

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 Studio unit found at Bella Linda Apartments in the Outer Monterey neighborhood priced from $1,600. Pointe at Westlake in the South Salinas neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,788. Here is today’s list of the most affordable Carmel Valley apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Bella Linda ApartmentsStudioStudio, 1BA$1,600
Pointe at WestlakeAbby StudioStudio, 1BA$1,788
Cambridge CourtPlan E1Studio, 1BA$1,834
Boronda ManorStudio E1AStudio, 1BA$1,904
Monterey TownhouseStudio RenoStudio, 1BA$2,099
Cypress Creek1x11BR, 1BA$2,121
The Shoreline at Monterey BayAqua Vista1BR, 1BA$2,147
SunBay Suites & Apartments1-Bedroom1BR, 1BA$2,150
The Shangri La Apartments1 Bedroom Renovated1BR, 1BA$2,200
Pointe at NorthridgeDel Mar1BR, 1BA$2,295

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

As of September 18, 2026 the best value apartment in the Carmel Valley area is the $3.33 price per square foot C1 Model at Seagrove in the Villa Del Monte neighborhood starting from $4,400. The second greatest value Carmel Valley apartment is the Galicia with Garage Model at Palm Court Apartments in the North Salinas neighborhood starting at $3,200 with a $2.62 price per square foot. 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.
SeagroveC13BR, 2BA$3.33
Palm Court ApartmentsGalicia with Garage3BR, 2BA$2.62
Cypress Creek2x22BR, 2BA$3.27
esqu202BR/1.5BA2BR, 1.5BA$3.00
Cypress LandingPlan B2BR, 2BA$2.66
Laurel GroveTHE RODEO2BR, 2BA$3.20
Pointe at NorthridgeDel Rio2BR, 1BA$3.23
Plaza Apartments2BR/1.0BA2BR, 1BA$3.26
Santa LuciaUpgraded 2 BR, 1.5 BA - Townhouse2BR, 1BA$3.23
Lake View Terrace Apartments2 bedroom 1 bath2BR, 1BA$3.30

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.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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.

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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.

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

Explore Carmel Valley, CA Rentals by Map

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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 Bella Linda Apartments listed at $1,600.

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

The lowest price for a Cheap One Bedroom Carmel Valley Apartment is $1,952 at Pointe at Westlake.

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 $2,527 at Cambridge Court.

What is the most affordable Carmel Valley Three Bedroom Apartment?

The best deal on a cheap Carmel Valley Three Bedroom Apartment rental is at Palm Court Apartments and starts from $3,200.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.