Cheap Apartments for Rent in the Old Monterey Business District Monterey, CA from $1,600 (53 Rentals)

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

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Pacific Vista
$2,431 - $2,989

Total Monthly Price

Base Rent$2,431 - $2,989

Total Monthly PriceVaries
1 to 2 Bedroom Apartments Available Now

Pacific Vista

57 Soledad DrMonterey, CA 93940
Affordability
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562 Van Buren St, Unit A
$2,500

Total Monthly Price

Base Rent$2,500

Total Monthly Price$2,500
3 Bedroom Apartment Available Now

562 Van Buren St, Unit A

562 Van Buren StMonterey, CA 93940
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Bldg A
1 to 2 Bedroom Apartments

Bldg A

230 Lighthouse AveMonterey, CA 93940
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150 Hawthorne St
1 to 2 Bedroom Apartments

150 Hawthorne St

150 Hawthorne StMonterey, CA 93940
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201 Cannery Row
2 Bedroom Apartments

201 Cannery Row

201 Cannery RowMonterey, CA 93940
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X456S - OLD
1 to 2 Bedroom Apartments

X456S - OLD

456 Spencer StMonterey, CA 93940

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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1043 5th St
Studio to 2 Bedroom Apartments

1043 5th St

1043 5th StMonterey, CA 93940
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543 Monroe St
2 Bedroom Apartments

543 Monroe St

543 Monroe StMonterey, CA 93940
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457 Spencer St
1 to 3 Bedroom Apartments

457 Spencer St

457 Spencer StMonterey, CA 93940
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1193 9th St
Studio Apartments

1193 9th St

1193 9th StMonterey, CA 93940
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1045-1047 Cass St
2 Bedroom Apartments

1045-1047 Cass St

1045-1047 Cass StMonterey, CA 93940
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1250-1252 5th St
2 Bedroom Apartments

1250-1252 5th St

1250-1252 5th StMonterey, 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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478 Tyler St
Studio Apartments

478 Tyler St

478 Tyler StMonterey, CA 93940
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661 Larkin St
1 Bedroom Apartments

661 Larkin St

661 Larkin StMonterey, CA 93940
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1178 8th St
Studio Apartments

1178 8th St

1178 8th StMonterey, CA 93940
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77 Porta Vista Dr
1 Bedroom Apartments

77 Porta Vista Dr

77 Porta Vista DrMonterey, CA 93940
  • Utilities Included
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456-470 Oak St
2 Bedroom Apartments

456-470 Oak St

456-470 Oak StMonterey, CA 93940
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1113 4th St
Studio Apartments

1113 4th St

1113 4th StMonterey, CA 93940
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298 Sloat Ave
Studio Apartments

298 Sloat Ave

298 Sloat AveMonterey, CA 93940
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1170-1172 2nd St
Studio Apartments

1170-1172 2nd St

1170-1172 2nd StMonterey, CA 93940
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1043-1053 3rd St
Studio Apartments

1043-1053 3rd St

1043-1053 3rd StMonterey, CA 93940
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186 Sargent Ct
Studio Apartments

186 Sargent Ct

186 Sargent CtMonterey, CA 93940

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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263 Monroe
Studio Apartments

263 Monroe

263 MonroeMonterey, CA 93940
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1220-1230 2nd St
Studio Apartments

1220-1230 2nd St

1220-1230 2nd StMonterey, CA 93940
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469 Larkin St
Studio Apartments

469 Larkin St

469 Larkin StMonterey, CA 93940
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227 Watson St
Studio Apartments

227 Watson St

227 Watson StMonterey, CA 93940
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1298 7th St
1 to 2 Bedroom Apartments

1298 7th St

1298 7th StMonterey, CA 93940
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1100 2nd St
Studio Apartments

1100 2nd St

1100 2nd StMonterey, CA 93940
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x1105M - OLD
3 Bedroom Apartments

x1105M - OLD

1105 McClellan AveMonterey, CA 93940

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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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
  • Utilities Included
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422 Alvarado St
1 to 2 Bedroom Apartments

422 Alvarado St

422 Alvarado StMonterey, 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
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Portola Vista
1 Bedroom Apartments

Portola Vista

20 Del Monte AveMonterey, CA 93940
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Palo Verde Apartments
1 Bedroom Apartments

Palo Verde Apartments

45 Monte Vista DrMonterey, CA 93940
  • Utilities Included

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.

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 1281 - 1299 8th Street priced from $2,100. 333lar has the second lowest priced unit, which is a Studio apartment currently listed from $2,150. Here are the most affordable Old Monterey Business District apartments for rent in Monterey, CA:

Apartment ListingModel NameBed/BathPriced From
1281 - 1299 8th Street1BR/1.0BA1BR,1BA$2,100
333lar0BR/1.0BAStudio,1BA$2,150
Monterey Pines ApartmentsOne Bedroom One Bath1BR,1BA$2,400
Pacific Vista1X1 Renovated1BR,1BA$2,431
599fran2BR/2.0BA2BR,2BA$2,550
Footprints on the BayWave Retreat1BR,1BA$2,900
399 Dickman Ave2 Beds, 1.5 baths2BR,1BA$3,050
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 September 09, 2026 the best value apartment in the Old Monterey Business District area is the $3.93 price per square foot Two Bedroom One Bath Model at Monterey Pines Apartments in the in the Villa Del Monte neighborhood starting from $3,398. The second greatest value Old Monterey Business District apartment is the The Seabreeze - One Bedroom Model at Coastal Senior Residences at The Park Lane starting at $5,395 with a $7.01 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.
Monterey Pines ApartmentsTwo Bedroom One Bath2BR,1BA$3.93
Coastal Senior Residences at The Park LaneThe Seabreeze - One Bedroom1BR,1BA$7.01
562 Van Buren St, Unit A562 Van Buren St3BR,1.5BA$3.45
599fran2BR/2.0BA2BR,2BA$3.52
Footprints on the BayWave Retreat1BR,1BA$4.38
1281 - 1299 8th Street1BR/1.0BA1BR,1BA$4.06
333lar0BR/1.0BAStudio ,1BA$4.39
Pacific Vista1X1 Renovated1BR,1BA$5.40

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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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.

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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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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.

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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 $2,100 at 1281 - 1299 8th Street.

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 $2,550 at 599fran.

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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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.