211 Forest Ave
Pacific GroveCA93950
Cheap Homes for Rent in Monterey, CA from $1,700 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Monterey.
820 Casanova Ave
MontereyCA93940
263 Monroe St
MontereyCA93940
225 Central Ave
Pacific GroveCA93950
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.
117 18th St
Pacific GroveCA93950
518 Cortes St
MontereyCA93940
1260 Canyon Del Rey Blvd
SeasideCA93955
1251 Fourth St
MontereyCA93940
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.
211 6th St
Pacific GroveCA93950
Showing Results 1-9, Page 1 of 1
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 | $4,033 | $2,000 | $6,600 |
| Monterey 3 Bedroom Homes for Rent | $4,920 | $3,300 | $9,000 |
| Monterey 4 Bedroom Homes for Rent | $6,319 | $3,950 | $8,500 |
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: 12/28/2025Current apartment rentals in the Monterey, CA area range in price from $1,700 to $9,000 with an overall median price of $4,630. The three Monterey neighborhoods with the lowest median rent pricing are Old Monterey at $2,000, Casanova Oak Knoll at $1,700, and Del Monte Grove Laguna Grande at $1,700. 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 Monterey | $3,800 | $2,000 | 1 |
| Casanova Oak Knoll | $3,997 | $1,700 | 15 |
| Del Monte Grove Laguna Grande | $3,997 | $1,700 | 15 |
| Villa Del Monte | $3,997 | $1,700 | 15 |
| Old Monterey Business District | $4,372 | $1,750 | 8 |
| Old Town | $4,399 | $1,750 | 3 |
| New Monterey | $4,899 | $1,750 | 15 |
| Skyline Forest | $4,899 | $1,750 | 31 |
| Outer Monterey | $4,950 | $1,700 | 67 |
| Monterey Vista | $6,999 | $3,800 | 4 |
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. lasalle in the Villa Del Monte neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,875. 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 |
| lasalle | 1BR/1.0BA | 1BR,1BA | $1,875 |
| 696casa | 1BR/1.0BA | 1BR,1BA | $1,950 |
Best Value Apartments for Rent in Monterey, CA
As of December 28, 2025 the best value apartment in the Monterey area is the $3.75 price per square foot TH Model at Seagrove in the in the Villa Del Monte neighborhood starting from $4,500. The second greatest value Monterey apartment is the Residence 1 Luxury Model at Seventeen Mile Drive Village Apartment Homes starting at $3,933 with a $3.42 price per square foot in the Outer Monterey 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. |
|---|---|---|---|
| Seagrove | TH | 2BR,2.5BA | $3.75 |
| Seventeen Mile Drive Village Apartment Homes | Residence 1 Luxury | 2BR,2BA | $3.42 |
| RP391C | 2BR/1.5BA | 2BR,1.5BA | $2.96 |
| Pacific Pines | 2 Bedroom Townhome | 2BR,1.5BA | $3.50 |
| 131 Lighthouse Avenue - Monterey | 131Lr09e | 2BR,1BA | $3.00 |
| 305 19th St, Unit Apartment 2 | 305 19th St | 2BR,1BA | $3.47 |
| The Crest at Pacific Grove | Ocean Breeze | 2BR,1BA | $3.39 |
| 456dela | 1BR/1.0BA | 1BR,1BA | $3.52 |
| 696casa | 1BR/1.0BA | 1BR,1BA | $3.27 |
| 832haw | 1BR/1.0BA | 1BR,1BA | $3.75 |
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
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 ArticleCash 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 ArticleQuick 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.
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Best Local Schools in Monterey, CA
La Mesa Elementary
Monterey Peninsula Unified School District
Public School - Grades K-8 (564)
7 out of 10
Monterey High
Monterey Peninsula Unified School District
Public School - Grades 9-12 (1399)
8 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Monterey, CA Rentals by Map
See the most popular apartments and homes in Monterey, CA
Frequently Asked Questions about Monterey
What type of rentals are currently available in Monterey?
There are currently 392 Apartments for Rent in Monterey, CA with pricing that ranges from $1,695 to $6,070. There are also 78 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monterey ranging from $1,700 to $9,000.
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 $1,700 to $9,000 with an average monthly rent of $4,078.
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 $3,450 to $3,546, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,300 to $9,000. Four Bedroom Single-Family rentals are also available starting from $3,950 and Four Bedroom Apartments start at $6,000.
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
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!