
Cheap Homes for Rent in Outer Monterey Neighborhood of Monterey, CA from $1,500 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Outer Monterey area of Monterey.


950 Portola Dr

1 Via Buena Vista

143 8th St

25356 Markham Ln

4305 Golden Oaks Ln
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.

500 Glenwood Cir, Unit 113

3205 Golden Oaks Ln

607 2nd St

605 2nd St

244 Carmel Ave

210 10th St
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.
Outer Monterey, Monterey, CA Local Guide

How much does it cost to rent a home in Outer Monterey?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Outer Monterey 2 Bedroom Homes for Rent | $3,718 | $2,695 | $6,200 |
| Outer Monterey 3 Bedroom Homes for Rent | $5,293 | $2,695 | $8,500 |
| Outer Monterey 4 Bedroom Homes for Rent | $5,174 | $1,500 | $6,700 |
| Outer Monterey 5 Bedroom Homes for Rent | $7,250 | $7,250 | $7,250 |
Browse Homes for Rent in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Outer Monterey Neighborhood of Monterey, CA.
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Outer Monterey, Monterey, CA Local Guide
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Cheapest Available Outer Monterey Apartments for Rent
 The cheapest available apartment rental in the Outer Monterey area of Monterey, CA is a Studio unit found at 1132-1136 Phoenix Ave priced from $1,814. lasalle has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,825. Here are the most affordable Outer Monterey apartments for rent in Monterey, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1132-1136 Phoenix Ave | Studio | Studio,1BA | $1,814 |
| lasalle | 1BR/1.0BA | 1BR,1BA | $1,825 |
| The Shangri La Apartments | 1 Bedroom Standard | 1BR,1BA | $1,900 |
| Marina Del Sol Apartments | 1 Bed, 1 bath | 1BR,1BA | $2,000 |
| 696casa | 1BR/1.0BA | 1BR,1BA | $2,150 |
Best Value Apartments for Rent in Outer Monterey, CA
As of May 04, 2026 the best value apartment in the Outer Monterey area is the $2.76 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 Outer Monterey apartment is the 2BR/1.0BA Model at AMI-3050 SUNSET AVE. starting at $2,695 with a $2.99 price per square foot in the Outer Monterey neighborhood. Here is today’s list of the best values for Outer Monterey apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 131 Lighthouse Avenue - Monterey | 131L09 | 2BR,1BA | $2.76 |
| AMI-3050 SUNSET AVE. | 2BR/1.0BA | 2BR,1BA | $2.99 |
| 3039 Marina Drive - Marina | 3039m08a | 2BR,1.5BA | $3.13 |
| The Independent | One Bedroom | 1BR,1BA | $3.71 |
| Marina Del Sol Apartments | 2 Beds, 1 bath | 2BR,1BA | $3.14 |
| RM775S | 2BR/1.0BA | 2BR,1BA | $3.46 |
| 812 Park Avenue - Monterey | 2 Bedroom / 1 Bathroom | 2BR,1BA | $3.71 |
| Bella Linda Apartments | Two bedroom | 2BR,1BA | $3.26 |
| 696casa | 1BR/1.0BA | 1BR,1BA | $3.22 |
| The Crest at Pacific Grove | Tranquility | 1BR,1BA | $3.73 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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Read ArticleQuick 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.
Pet Friendly LifestyleOuter Monterey, Monterey, CA
Ranked #1
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Outer Monterey, Monterey, CA
Ord Terrace Elementary
School data provided by Great Schools
Frequently Asked Questions about Outer Monterey
What type of rentals are currently available in Outer Monterey?
There are currently 485 Apartments for Rent in Outer Monterey, CA with pricing that ranges from $1,500 to $6,455. There are also 82 Single Family Homes for rent, Condos, and Townhome rentals currently available in Outer Monterey ranging from $1,500 to $8,500.
What is the current price range for Rental Homes in Outer Monterey?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Outer Monterey ranges from $1,500 to $8,500 with an average monthly rent of $4,517.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.