250 Monroe St
MontereyCA93940
Cheap Apartments for Rent in the Old Monterey Business District Monterey, CA from $1,600 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Old Monterey Business District area of Monterey.
290 Hawthorne St
MontereyCA93940
298 Hawthorne St
MontereyCA93940
close
View Me
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.
close
View Me
from $1,880Studio to 3 Bedroom Apartments Available Now
Monterey Townhouse
825 Casanova AveMonterey, CA 93940
900 Major Sherman Ln
MontereyCA93940
277 Van Buren St
MontereyCA93940
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.
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
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.
close
View Me
close
View Me
close
View Me
Rent Specials
from $2,075Studio to 2 Bedroom Apartments Available Now
Ocean View at Pacific Grove Apartments
1141 Lighthouse AvePacific Grove, CA 93950
Showing Results 1-15, Page 1 of 1
Old Monterey Business District, Monterey, CA Local Guide
Sailboats in the Bay by Travis Wise is licensed under CC BY 2.0
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 | $2,128 | $1,695 | $3,025 |
| Old Monterey Business District 1 Bedroom Apartments | $3,304 | $2,150 | $5,600 |
| Old Monterey Business District 2 Bedroom Apartments | $3,939 | $2,230 | $8,671 |
| Old Monterey Business District 3 Bedroom Apartments | $4,706 | $4,628 | $4,732 |
Browse Apartments in this Neighborhood
There are currently 15 rentals with your search options within a 2 mile radius of the Old Monterey Business District Neighborhood of Monterey, CA.
See all Apartments in MontereyExplore Monterey
Old Monterey Business District, Monterey, CA Local Guide
- Nearby Monterey neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Studio unit found at Monterey Townhouse priced from $1,880. Ocean View at Pacific Grove Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $2,075. Here are the most affordable Old Monterey Business District apartments for rent in Monterey, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Monterey Townhouse | Studio Reno | Studio,1BA | $1,880 |
| Ocean View at Pacific Grove Apartments | Studio - 430sqft | Studio,1BA | $2,075 |
| Monterey Pines Apartments | One Bedroom One Bath | 1BR,1BA | $2,400 |
| Pacific Grove Senior Living | Studio - Lake Park | Studio,1BA | $2,400 |
| Surfside Apartments | Plan B | 2BR,1BA | $3,050 |
Best Value Apartments for Rent in Old Monterey Business District, CA
As of May 30, 2025 the best value apartment in the Old Monterey Business District area is the $2.90 price per square foot 255 Larkin St Model at 255 Larkin St, Unit No. 3 in the in the Villa Del Monte neighborhood starting from $2,895. The second greatest value Old Monterey Business District apartment is the Plan B Model at Surfside Apartments starting at $3,050 with a $3.11 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. |
|---|---|---|---|
| 255 Larkin St, Unit No. 3 | 255 Larkin St | 2BR,1BA | $2.90 |
| Surfside Apartments | Plan B | 2BR,1.5BA | $3.11 |
| Footprints on the Bay | Seabreeze | 2BR,1BA | $4.10 |
| Monterey Pines Apartments | Two Bedroom One Bath | 2BR,1BA | $3.82 |
| Seagrove | A1.1 | 1BR,1BA | $4.62 |
| Pacific Grove Senior Living | 1 Bed 1 Bath - Peninsula | 1BR,1BA | $4.75 |
| Ocean View at Pacific Grove Apartments | Studio - 430sqft | Studio ,1BA | $4.83 |
| Monterey Townhouse | Studio Reno | Studio ,1BA | $4.82 |
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.
Let everyone know!
Do you know the Old Monterey Business District area?
If you’re an expert on all things Old Monterey Business District, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleOld Monterey Business District, Monterey, CA
Ranked #1
Among neighborhoods in Monterey, CA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Old Monterey Business District, Monterey, CA
La Mesa Elementary
Monterey Peninsula Unified School District
Public School - Grades K-8 (564)
6 out of 10
Monterey High
Monterey Peninsula Unified School District
Public School - Grades 9-12 (1399)
7 out of 10
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 Monterey Townhouse listed at $1,978.
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 $2,995 at Pacific Grove Senior Living.
What is the most affordable Old Monterey Business District Three Bedroom Apartment?
The best deal on a cheap Old Monterey Business District Three Bedroom Apartment rental is at Seagrove and starts from $4,628.
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.
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.
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.
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.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.