588 Junipero Ave
Pacific GroveCA93950
Cheap Homes for Rent in New Monterey Neighborhood of Monterey, CA from $2,300 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the New Monterey area of Monterey.
Showing Results 1-3, Page 1 of 1
New Monterey, 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 New Monterey?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Monterey 2 Bedroom Homes for Rent | $4,195 | $2,985 | $6,500 |
| New Monterey 3 Bedroom Homes for Rent | $5,075 | $4,275 | $5,750 |
| New Monterey 4 Bedroom Homes for Rent | $5,225 | $4,950 | $5,500 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the New Monterey Neighborhood of Monterey, CA.
Explore Monterey
New Monterey, Monterey, CA Local Guide
- Nearby Monterey neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Best Value Apartments for Rent in New Monterey, CA
As of September 19, 2025 the best value apartment in the New Monterey area is the $5.06 price per square foot 2 Bed 2 Bath - Seaside Model at Pacific Grove Senior Living in the in the Outer Monterey neighborhood starting from $3,300. The second greatest value New Monterey apartment is the 0BR/1.0BA Model at 832haw starting at $1,895 with a $4.54 price per square foot in the Outer Monterey neighborhood. Here is today’s list of the best values for New Monterey apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pacific Grove Senior Living | 2 Bed 2 Bath - Seaside | 2BR,2BA | $5.06 |
| 832haw | 0BR/1.0BA | Studio ,1BA | $4.54 |
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.
Let everyone know!
Do you know the New Monterey area?
If you’re an expert on all things New Monterey, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleNew Monterey, Monterey, CA
Ranked #5
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about New Monterey
What type of rentals are currently available in New Monterey?
There are currently 81 Apartments for Rent in New Monterey, CA with pricing that ranges from $2,045 to $10,500. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Monterey ranging from $2,375 to $6,500.
What is the current price range for Rental Homes in New Monterey?
Today's rental pricing for Homes for Rent, Condos and Townhomes in New Monterey ranges from $2,375 to $6,500 with an average monthly rent of $4,217.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.
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.
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.