1291 10th St, Unit B
1291 10th St
MontereyCA93940
Cheap Apartments for Rent in the Old Monterey Business District Monterey, CA from $1,600 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the Old Monterey Business District area of Monterey.
1170-1172 Second St
MontereyCA93940
461 Reeside Ave
MontereyCA93940
1420 Munras Ave
MontereyCA93940
431 Monroe St
MontereyCA93940
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1 to 2 Bedroom Apartments
Presidio Apartments
1100 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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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
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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
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1 Bedroom Apartments
237 LIGHTHOUSE
237 LIGHTHOUSEMonterey, 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 to 2 Bedroom Apartments
431 Spencer Street - Monterey
429-431 Spencer StMonterey, CA 93940
30 Monte Vista Dr
MontereyCA93940
274 Watson St
MontereyCA93940
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1 Bedroom Apartments
251 Lighthouse Ave
251 Lighthouse AveMonterey, CA 93940
500 Glenwood Cir
MontereyCA93940
Cash 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.
Showing Results 1-18, Page 1 of 1
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 | $2,428 | $2,250 | $2,640 |
| Old Monterey Business District 1 Bedroom Apartments | $3,162 | $2,000 | $5,695 |
| Old Monterey Business District 2 Bedroom Apartments | $3,676 | $2,895 | $6,070 |
Browse Apartments in this Neighborhood
There are currently 18 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
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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 2 Beds unit found at 131 Lighthouse Avenue - Monterey priced from $2,600. Pacific Vista has the second lowest priced unit, which is a 2 Beds apartment currently listed from $3,215. Here are the most affordable Old Monterey Business District apartments for rent in Monterey, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 131 Lighthouse Avenue - Monterey | 131L09 | 2BR,1BA | $2,600 |
| Pacific Vista | 2X1 Townhouse Reno | 2BR,1BA | $3,215 |
| Monterey Pines Apartments | Two Bedroom One Bath | 2BR,1BA | $3,300 |
| Footprints on the Bay | Seabreeze | 2BR,1BA | $3,550 |
| 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 June 10, 2026 the best value apartment in the Old Monterey Business District area is the $2.79 price per square foot 131L09 Model at 131 Lighthouse Avenue - Monterey in the in the Villa Del Monte neighborhood starting from $2,600. The second greatest value Old Monterey Business District apartment is the Seabreeze Model at Footprints on the Bay starting at $3,550 with a $4.04 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. |
|---|---|---|---|
| 131 Lighthouse Avenue - Monterey | 131L09 | 2BR,1BA | $2.79 |
| Footprints on the Bay | Seabreeze | 2BR,1BA | $4.04 |
| Monterey Pines Apartments | Two Bedroom One Bath | 2BR,1BA | $3.82 |
| Pacific Vista | 2X1 Townhouse Reno | 2BR,1BA | $3.78 |
| 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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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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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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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 $5,395 at Coastal Senior Residences at The Park Lane.
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
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.