263 Monroe St
MontereyCA93940
Cheap Homes for Rent in New Monterey Neighborhood of Monterey, CA from $1,700 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the New Monterey area of Monterey.
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.
399 Reeside Ave
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.
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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 | $3,500 | $2,750 | $4,250 |
| New Monterey 3 Bedroom Homes for Rent | $4,907 | $3,995 | $6,000 |
| New Monterey 4 Bedroom Homes for Rent | $6,500 | $6,500 | $6,500 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the New Monterey Neighborhood of Monterey, CA.
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Best Value Apartments for Rent in New Monterey, CA
As of February 24, 2026 the best value apartment in the New Monterey area is the $2.67 price per square foot 1120 McClellan Ave Model at 1120 McClellan Ave, Unit Apt 3 in the in the Skyline Forest neighborhood starting from $3,200. The second greatest value New Monterey apartment is the 131Lr09b Model at 131 Lighthouse Avenue - Monterey starting at $2,600 with a $2.48 price per square foot in the Villa Del Monte 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. |
|---|---|---|---|
| 1120 McClellan Ave, Unit Apt 3 | 1120 McClellan Ave | 2BR,1.5BA | $2.67 |
| 131 Lighthouse Avenue - Monterey | 131Lr09b | 2BR,1BA | $2.48 |
| 833 Taylor St, Unit 2 | 833 Taylor St | 2BR,1BA | $3.28 |
| 557 Laine St, Unit 557 Laine St APT. 3 Mont | 557 Laine St | 2BR,1BA | $3.34 |
| Pacific Grove - 55+ Senior Apartments | 2 Bed 2 Bath - Seaside | 2BR,2BA | $5.21 |
| 832haw | 1BR/1.0BA | 1BR,1BA | $3.75 |
Frequently Asked Questions about New Monterey
What type of rentals are currently available in New Monterey?
There are currently 96 Apartments for Rent in New Monterey, CA with pricing that ranges from $1,850 to $4,295. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Monterey ranging from $1,750 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 $1,750 to $6,500 with an average monthly rent of $4,164.
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
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
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.