Cheap Homes for Rent in Old Monterey Business District Monterey, CA from $2,200 (3 Rentals)

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

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.

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.

property at 500 Glenwood Cir

$2,500 - $3,500

1 To 2 Bedroom Rentals

Available Now

500 Glenwood Cir

MontereyCA93940

Old Monterey Business District, Monterey, CA Local Guide

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

As of June 18, 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 255 Larkin St Model at 255 Larkin St, Unit Apartment 1 starting at $2,895 with a $3.22 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.
131 Lighthouse Avenue - Monterey131L092BR,1BA$2.79
255 Larkin St, Unit Apartment 1255 Larkin St2BR,1BA$3.22
Footprints on the BaySeabreeze2BR,1BA$4.04
Monterey Pines ApartmentsTwo Bedroom One Bath2BR,1BA$3.82
Pacific Vista2X1 Townhouse Reno2BR,1BA$3.88
Coastal Senior Residences at The Park LaneThe Seabreeze - One Bedroom1BR,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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Quick Rent Budget Calculator

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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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Frequently Asked Questions about Old Monterey Business District

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

There are currently 156 Apartments for Rent in Old Monterey Business District, CA with pricing that ranges from $2,200 to $6,070. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in Old Monterey Business District ranging from $2,295 to $5,499.

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 $2,295 to $5,499 with an average monthly rent of $3,928.

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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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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.

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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.

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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.