Cheap Apartments for Rent in the Old Monterey Business District Monterey, CA from $1,700 (11 Rentals)

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

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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Sloat Apartments
1 Bedroom Apartments

Sloat Apartments

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

Bldg A

230 Lighthouse AveMonterey, CA 93940

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.

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Presidio Apartments
2 Bedroom Apartments

Presidio Apartments

1100 McClellan AveMonterey, CA 93940
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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 Bedroom Apartments

422 Alvarado St

422 Alvarado StMonterey, CA 93940

Old Monterey Business District, Monterey, CA Local Guide

Cheapest Available Old Monterey Business District Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Monterey Pines ApartmentsOne Bedroom One Bath1BR,1BA$2,400
Pacific Vista2X1 Townhouse Reno2BR,1BA$3,159

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

As of July 14, 2025 the best value apartment in the Old Monterey Business District area is the $2.50 price per square foot 302 Ocean Ave Model at 302 Ocean Ave, Unit 2 in the in the Villa Del Monte neighborhood starting from $2,500. The second greatest value Old Monterey Business District apartment is the Two Bedroom One Bath Model at Monterey Pines Apartments starting at $3,300 with a $3.82 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.
302 Ocean Ave, Unit 2302 Ocean Ave2BR,1BA$2.50
Monterey Pines ApartmentsTwo Bedroom One Bath2BR,1BA$3.82
Pacific Vista2X1 Townhouse Reno2BR,1BA$3.72

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Pet Friendly Lifestyle
Old Monterey Business District, Monterey, CA

Ranked #6

Among neighborhoods in Monterey, CA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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 $2,400 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 $3,159 at Pacific Vista.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.