
Cheap Apartments for Rent in the Old Monterey Business District Monterey, CA from $1,600 (54 Rentals)
Search the lowest-cost Apartments available for rent right now in the Old Monterey Business District area of Monterey.


Pacific Vista

Footprints on the Bay

562 Van Buren St, Unit Back

Bldg A

640 Park Avenue - Monterey

150 Hawthorne St

201 Cannery Row

431 Spencer Street - Monterey

X456S - OLD
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.

1000 Sixth Street - Monterey

Golden Oaks Condominiums

1250 - 1260 Second Street - Monterey

1043 5th St

543 Monroe St

457 Spencer St

1250-1252 5th St

478 Tyler St

661 Larkin St

1178 8th St
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.

77 Porta Vista Dr

456-470 Oak St

1113 4th St

298 Sloat Ave

1045-1047 Cass St

1281-1299 8th St

1193 9th St

1170-1172 2nd St

1043-1053 3rd St

186 Sargent Ct
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.

263 Monroe

1220-1230 2nd St

469 Larkin St

227 Watson St

1298 7th St

1100 2nd St

832-850 W Franklin St

Merrill Gardens at Monterey

x1105M - OLD

1280 Del Monte Avenue - Monterey
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

675 Jefferson Street - Monterey

Presidio Apartments

Sloat Apartments

Mar Vista Drive

422 Alvarado St

227 Watson Street - Monterey

614 - 644 Van Buren Street - Monterey

812 Park Street - Monterey

Portola Vista

Palo Verde Apartments
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Old Monterey Business District, Monterey, CA Local Guide

How much does it cost to rent an apartment in Old Monterey Business District?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Old Monterey Business District Studio Apartments | $2,290 | $1,795 | $2,575 |
| Old Monterey Business District 1 Bedroom Apartments | $3,660 | $2,452 | $5,495 |
| Old Monterey Business District 2 Bedroom Apartments | $4,314 | $2,400 | $6,070 |
Browse Apartments in this Neighborhood
There are currently 54 rentals with your search options within a 2 mile radius of the Old Monterey Business District Neighborhood of Monterey, CA.
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Old Monterey Business District, Monterey, CA Local Guide
- Nearby Monterey neighborhoods
- Nearby Cities
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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 Pacific Vista priced from $2,452. Footprints on the Bay has the second lowest priced unit, which is a Studio apartment currently listed from $2,500. Here are the most affordable Old Monterey Business District apartments for rent in Monterey, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pacific Vista | 1X1 Renovated | 1BR,1BA | $2,452 |
| Footprints on the Bay | Sand Dollar | Studio,1BA | $2,500 |
| 131 Lighthouse Avenue - Monterey | 131Lr09e | 2BR,1BA | $2,750 |
| Monterey Pines Apartments | Two Bedroom One Bath | 2BR,1BA | $3,300 |
| Coastal Senior Residences at The Park Lane | The Seabreeze - One Bedroom | 1BR,1BA | $5,395 |
Best Value Apartments for Rent in Old Monterey Business District, CA
As of January 10, 2026 the best value apartment in the Old Monterey Business District area is the $2.40 price per square foot 562 Van Buren St Model at 562 Van Buren St, Unit Back in the in the Villa Del Monte neighborhood starting from $2,400. The second greatest value Old Monterey Business District apartment is the 131Lr09e Model at 131 Lighthouse Avenue - Monterey starting at $2,750 with a $3.00 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 562 Van Buren St, Unit Back | 562 Van Buren St | 2BR,1BA | $2.40 |
| 131 Lighthouse Avenue - Monterey | 131Lr09e | 2BR,1BA | $3.00 |
| Monterey Pines Apartments | Two Bedroom One Bath | 2BR,1BA | $3.82 |
| Coastal Senior Residences at The Park Lane | The Seabreeze - One Bedroom | 1BR,1BA | $7.01 |
| Footprints on the Bay | Sand Dollar | Studio ,1BA | $5.38 |
| Pacific Vista | 1X1 Renovated | 1BR,1BA | $5.45 |
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 ArticleThe 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.
Best Local Schools in Old Monterey Business District, Monterey, CA
La Mesa Elementary
Monterey High
School data provided by Great Schools
Frequently Asked Questions about Cheap Old Monterey Business District Apartments
What is the Cheapest Studio apartment in Old Monterey Business District?
Currently the most affordable Cheap Studio Apartment in Old Monterey Business District is at Footprints on the Bay listed at $2,500.
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 $2,452 at Pacific Vista.
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 $2,750 at 131 Lighthouse Avenue - Monterey.
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

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.

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!