211 Forest Ave
Pacific GroveCA93950
Cheap Homes for Rent in Monterey, CA from $1,500 (14 Rentals)
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1255 Yosemite St
SeasideCA93955
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.
263 Monroe St
MontereyCA93940
1045 Olympia Ave
SeasideCA93955
463 Reeside Ave
MontereyCA93940
500 Glenwood Cir
MontereyCA93940
420 Lighthouse Ave
Pacific GroveCA93950
725 Granite St
Pacific GroveCA93950
1260 Canyon Del Rey Blvd
SeasideCA93955
920 Hillcrest Ct
Pacific GroveCA93950
300 Glenwood Cir
MontereyCA93940
363 Spencer St
MontereyCA93940
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.
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Monterey, CA Local Guide
Sailboats in the Bay by Travis Wise is licensed under CC BY 2.0
How much does it cost to rent a home in Monterey?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monterey 2 Bedroom Homes for Rent | $4,048 | $2,550 | $7,487 |
| Monterey 3 Bedroom Homes for Rent | $4,809 | $3,450 | $9,000 |
| Monterey 4 Bedroom Homes for Rent | $6,349 | $4,600 | $9,950 |
| Monterey 6 Bedroom Homes for Rent | $12,500 | $10,000 | $10,000+ |
Browse Top Homes for Rent in Monterey
Explore Monterey
Monterey, CA Local Guide
- Monterey Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Monterey, CA
Pricing Updated: 06/06/2025Current apartment rentals in the Monterey, CA area range in price from $788 to $9,746 with an overall median price of $4,111. The three Monterey neighborhoods with the lowest median rent pricing are Old Town at $1,695, Monterey Vista at $1,850, and New Monterey at $1,695. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Monterey Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Old Town | $2,947 | $1,695 | 4 |
| Monterey Vista | $3,300 | $1,850 | 21 |
| New Monterey | $3,300 | $1,695 | 26 |
| Old Monterey | $3,995 | $2,150 | 4 |
| Skyline Forest | $4,300 | $1,695 | 33 |
| Outer Monterey | $4,600 | $788 | 120 |
| Casanova Oak Knoll | $4,628 | $788 | 74 |
| Del Monte Grove Laguna Grande | $4,628 | $788 | 75 |
| Villa Del Monte | $4,680 | $788 | 77 |
| Old Monterey Business District | $4,732 | $788 | 86 |
Cheapest Available Monterey Apartments for Rent
The cheapest available apartment rental in Monterey, CA is a 1 Bed unit found at 832haw in the Outer Monterey neighborhood priced from $1,875. Monterey Townhouse in the Villa Del Monte neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $2,101. Here is today’s list of the most affordable Monterey apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 832haw | 1BR/1.0BA | 1BR,1BA | $1,875 |
| Monterey Townhouse | Studio Reno | Studio,1BA | $2,101 |
| Pacific Grove Senior Living | Studio - Lake Park | Studio,1BA | $2,400 |
| Monterey Pines Apartments | One Bedroom One Bath | 1BR,1BA | $2,400 |
| SeaBreeze Apartment Homes | B1 | 2BR,1BA | $2,850 |
Best Value Apartments for Rent in Monterey, CA
As of June 07, 2025 the best value apartment in the Monterey area is the $2.90 price per square foot 255 Larkin St Model at 255 Larkin St, Unit No. 3 in the in the Villa Del Monte neighborhood starting from $2,895. The second greatest value Monterey apartment is the Plan B Model at Surfside Apartments starting at $3,050 with a $3.11 price per square foot in the Villa Del Monte neighborhood. Here is today’s list of the best values for Monterey apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 255 Larkin St, Unit No. 3 | 255 Larkin St | 2BR,1BA | $2.90 |
| Surfside Apartments | Plan B | 2BR,1.5BA | $3.11 |
| 464-472 Ramona Avenue - Monterey | 2 Bedroom / 1 Bathroom | 2BR,1BA | $3.07 |
| Footprints on the Bay | Seabreeze | 2BR,1BA | $4.10 |
| Monterey Pines Apartments | Two Bedroom One Bath | 2BR,1BA | $3.82 |
| 305 19th St, Unit Apartment 4 | 305 19th St | 2BR,1BA | $3.47 |
| Seagrove | A1.1 | 1BR,1BA | $4.62 |
| The Shangri La Apartments | 2 Bedroom Large Renovated with Balcony | 2BR,1BA | $3.95 |
| 832haw | 1BR/1.0BA | 1BR,1BA | $3.75 |
| 1191 Birch Ave, Unit Studio behind the gate | 1191 Birch Ave | Studio ,1BA | $4.06 |
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Frequently Asked Questions about Monterey
What type of rentals are currently available in Monterey?
There are currently 390 Apartments for Rent in Monterey, CA with pricing that ranges from $788 to $9,746. There are also 56 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monterey ranging from $1,500 to $12,500.
What is the current price range for Rental Homes in Monterey?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Monterey ranges from $1,500 to $12,500 with an average monthly rent of $5,501.
How much are larger Three and Four Bedroom Rentals in Monterey?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Monterey range from $3,250 to $8,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,450 to $9,000. Four Bedroom Single-Family rentals are also available starting from $4,600 and Four Bedroom Apartments start at $3,995.
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 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.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.