Cheap Apartments for Rent in Monterey, CA from $700 with Washer/Dryer (2 Rentals)
Search the lowest-cost Apartments available for rent right now in Monterey.
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.

The Independent
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.
Monterey, CA Local Guide

How much does it cost to rent an apartment in Monterey?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Monterey Studio Apartments | $2,066 | $788 | $3,025 |
Monterey 1 Bedroom Apartments | $2,512 | $1,200 | $3,796 |
Monterey 2 Bedroom Apartments | $3,618 | $2,195 | $8,677 |
Monterey 3 Bedroom Apartments | $3,950 | $3,950 | $3,950 |
Explore Monterey
Monterey, CA Local Guide
- Monterey Neighborhoods
- Nearby Cities
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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.
Getting Around Monterey, CA
Walk Score®
73 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
60 / 100
Bikeable
Some bike infrastructure
Transit Score®
34 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Monterey Apartments
How much is rent for a Cheap One Bedroom Monterey Apartment?
The lowest price for a Cheap One Bedroom Monterey Apartment is $1,200 at 350 Van Buren St.
What is the lowest price for a Cheap Two Bedroom Monterey Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Monterey is starting from $2,900 at 464 Ramona Avenue - Monterey.
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.

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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.