
Cheap Apartments for Rent in the 93940 ZIP Code of Monterey, CA from $300 (5 Rentals)
Search the lowest-cost Apartments available for rent right now in the 93940 ZIP Code area of Monterey.


666 Casanova Ave
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Villa Ramona Apartments

City Center Plaza
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

517 Fountain Avenue - Pacific Grove
Monterey, CA Local Guide

How much does it cost to rent an apartment in 93940?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 93940 Studio Apartments | $2,188 | $1,814 | $2,640 |
| 93940 1 Bedroom Apartments | $2,764 | $1,250 | $8,178 |
| 93940 2 Bedroom Apartments | $3,433 | $2,030 | $6,070 |
| 93940 3 Bedroom Apartments | $4,332 | $3,600 | $4,605 |
Browse Apartments in the 93940 Zip Code of Monterey
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Frequently Asked Questions about Cheap the 93940 ZIP Code Apartments
What is the Cheapest Studio apartment in 93940?
Currently the most affordable Cheap Studio Apartment in 93940 is at University Oaks listed at $835.
How much is rent for a Cheap One Bedroom 93940 Apartment?
The lowest price for a Cheap One Bedroom 93940 Apartment is $835 at University Oaks.
What is the lowest price for a Cheap Two Bedroom 93940 Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in 93940 is starting from $970 at University Oaks.
What is the most affordable 93940 Three Bedroom Apartment?
The best deal on a cheap 93940 Three Bedroom Apartment rental is at University Oaks and starts from $1,475.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.