Cheap Homes for Rent in Old Monterey Business District Monterey, CA from $2,700 (4 Rentals)

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Search the lowest-cost Homes 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.

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.

Old Monterey Business District, Monterey, CA Local Guide

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

As of July 04, 2025 the best value apartment in the Old Monterey Business District area is the $2.86 price per square foot 2 Bed / 1.5 Bath Model at 675 Jefferson Street - Monterey in the in the Monterey Vista neighborhood starting from $2,925. The second greatest value Old Monterey Business District apartment is the 302 Ocean Ave Model at 302 Ocean Ave, Unit 2 starting at $2,500 with a $2.50 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.
675 Jefferson Street - Monterey2 Bed / 1.5 Bath2BR,1.5BA$2.86
302 Ocean Ave, Unit 2302 Ocean Ave2BR,1BA$2.50
255 Larkin St, Unit No. 3255 Larkin St2BR,1BA$3.00
Footprints on the BaySand Castle2BR,2BA$3.97
Monterey Pines ApartmentsTwo Bedroom One Bath2BR,1BA$3.82

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Frequently Asked Questions about Old Monterey Business District

What type of rentals are currently available in Old Monterey Business District?

There are currently 160 Apartments for Rent in Old Monterey Business District, CA with pricing that ranges from $1,795 to $3,800. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in Old Monterey Business District ranging from $2,750 to $6,995.

What is the current price range for Rental Homes in Old Monterey Business District?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Old Monterey Business District ranges from $2,750 to $6,995 with an average monthly rent of $4,733.

How much are larger Three and Four Bedroom Rentals in Old Monterey Business District?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Old Monterey Business District range from $3,550 to $3,550, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,900 to $6,000. Four Bedroom Single-Family rentals are also available starting from $5,400 and Four Bedroom Apartments start at $3,495.

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.