740 Dickman Ave
MontereyCA93940
Cheap Apartments for Rent in the Old Monterey Business District Monterey, CA from $1,600 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the Old Monterey Business District area of Monterey.
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1 to 2 Bedroom Apartments
Presidio Apartments
1100 McClellan AveMonterey, CA 93940
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1 to 2 Bedroom Apartments
Sloat Apartments
650 Sloat AveMonterey, CA 93940
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1 to 2 Bedroom Apartments
Bldg A
230 Lighthouse AveMonterey, CA 93940
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.
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Studio to 2 Bedroom Apartments
Mar Vista Drive
66-98 Mar Vista DrMonterey, CA 93940
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1 Bedroom Apartments
501-555 Ocean Ave
501-555 Ocean AveMonterey, CA 93940
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Studio to 2 Bedroom Apartments
1280 Del Monte Avenue - Monterey
1280 Del Monte AveMonterey, CA 93940
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1 to 2 Bedroom Apartments
422 Alvarado St
422 Alvarado StMonterey, CA 93940
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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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 | $2,425 | $2,200 | $2,650 |
| Old Monterey Business District 1 Bedroom Apartments | $3,612 | $1,850 | $5,495 |
| Old Monterey Business District 2 Bedroom Apartments | $4,017 | $2,450 | $6,070 |
Browse Apartments in this Neighborhood
There are currently 8 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
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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 Monterey Pines Apartments priced from $2,400. 131 Lighthouse Avenue - Monterey has the second lowest priced unit, which is a 2 Beds apartment currently listed from $2,600. Here are the most affordable Old Monterey Business District apartments for rent in Monterey, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Monterey Pines Apartments | One Bedroom One Bath | 1BR,1BA | $2,400 |
| 131 Lighthouse Avenue - Monterey | 131Lr09b | 2BR,1BA | $2,600 |
| Pacific Vista | 2X1 Townhouse Reno | 2BR,1BA | $3,012 |
Best Value Apartments for Rent in Old Monterey Business District, CA
As of March 11, 2026 the best value apartment in the Old Monterey Business District 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 Old Monterey Business District 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 Old Monterey Business District 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 |
| Footprints on the Bay | Seabreeze | 2BR,1BA | $4.27 |
| Monterey Pines Apartments | Two Bedroom One Bath | 2BR,1BA | $3.82 |
| Pacific Vista | 2X1 Townhouse Reno | 2BR,1BA | $3.54 |
| Coastal Senior Residences at The Park Lane | The Seabreeze - One Bedroom | 1BR,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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The 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.
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Best Local Schools in Old Monterey Business District, Monterey, CA
La Mesa Elementary
Monterey Peninsula Unified School District
Public School - Grades K-8 (689)
7 out of 10
Monterey High
Monterey Peninsula Unified School District
Public School - Grades 9-12 (1401)
8 out of 10
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 $2,400 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 $2,600 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
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.