Cheap Apartments for Rent in the Old Monterey Business District Monterey, CA from $1,600 (26 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Old Monterey Business District area of Monterey.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Presidio Apartments
1 to 2 Bedroom Apartments

Presidio Apartments

1100 McClellan AveMonterey, CA 93940
  • Utilities Included
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Sloat Apartments
1 to 2 Bedroom Apartments

Sloat Apartments

650 Sloat AveMonterey, CA 93940
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Bldg A
1 to 2 Bedroom Apartments

Bldg A

230 Lighthouse AveMonterey, CA 93940

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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501-555 Ocean Ave
1 Bedroom Apartments

501-555 Ocean Ave

501-555 Ocean AveMonterey, CA 93940
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422 Alvarado St
1 to 2 Bedroom Apartments

422 Alvarado St

422 Alvarado StMonterey, CA 93940
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237 LIGHTHOUSE
1 Bedroom Apartments

237 LIGHTHOUSE

237 LIGHTHOUSEMonterey, CA 93940
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Mar Vista Drive
Studio to 2 Bedroom Apartments

Mar Vista Drive

66-98 Mar Vista DrMonterey, CA 93940
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Showing Results 1-26, Page 1 of 1

Old Monterey Business District, Monterey, CA Local Guide

Cheapest Available Old Monterey Business District Apartments for Rent

 

The cheapest available apartment rental in the Old Monterey Business District area of Monterey, CA is a 1 Bed unit found at Monterey Pines Apartments priced from $2,600. 399 Dickman Ave has the second lowest priced unit, which is a 2 Beds apartment currently listed from $3,050. Here are the most affordable Old Monterey Business District apartments for rent in Monterey, CA:

Apartment ListingModel NameBed/BathPriced From
Monterey Pines ApartmentsOne Bedroom One Bath1BR,1BA$2,600
399 Dickman Ave2 Beds, 1.5 baths2BR,1BA$3,050
Footprints on the BaySeabreeze2BR,1BA$3,550
Coastal Senior Residences at The Park LaneThe Seabreeze - One Bedroom1BR,1BA$5,395

Best Value Apartments for Rent in Old Monterey Business District, CA

As of July 26, 2026 the best value apartment in the Old Monterey Business District area is the $4.04 price per square foot Seabreeze Model at Footprints on the Bay in the in the Villa Del Monte neighborhood starting from $3,550. The second greatest value Old Monterey Business District apartment is the Two Bedroom One Bath Model at Monterey Pines Apartments starting at $3,398 with a $3.93 price per square foot in the Villa Del Monte neighborhood. Here is today’s list of the best values for Old Monterey Business District apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Footprints on the BaySeabreeze2BR,1BA$4.04
Monterey Pines ApartmentsTwo Bedroom One Bath2BR,1BA$3.93
Pacific Vista2X1 Townhouse Reno2BR,1BA$3.37
Coastal Senior Residences at The Park LaneThe Seabreeze - One Bedroom1BR,1BA$7.01

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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Best Local Schools in
Old Monterey Business District, Monterey, CA

School data provided by Great Schools

Frequently Asked Questions about Cheap Old Monterey Business District Apartments

How much is rent for a Cheap One Bedroom Old Monterey Business District Apartment?

The lowest price for a Cheap One Bedroom Old Monterey Business District Apartment is $2,600 at Monterey Pines Apartments.

What is the lowest price for a Cheap Two Bedroom Old Monterey Business District Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Old Monterey Business District is starting from $2,865 at Pacific Vista.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.