5+ Days Ago
Highlights
- In-unit laundry
- Utilities not included
- Generously sized bedrooms
- Everyday conveniences
Location
1250 5th St, Monterey, CA 93940, USA
Tour 1250 5th St
Contact
Monterey Bay Property Management
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Property Overview
In-unit laundry, generously sized bedrooms, and nearby everyday conveniences create comfortable, practical living, with utilities paid separately. A vibrant social life is supported by 148 restaurants, 52 museums, art galleries, or cultural centers, and 22 local event hubs within a mile. Diverse age groups in the area contribute to an active, engaging neighborhood atmosphere.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Laundry available on site
Great for
Social life
Amenities for 1250 5th St
Apartment Amenities
| Ceiling Fan | Utilities Included |
Appliances
| In-Unit Laundry |
Building
| Onsite Laundry |
Services
| On-Site Management |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 1250 5th St
Initial INFO Available now! TO View This Home: Register at https rentengine io c montereybay to schedule a self-guided viewing. PROPERTY SUMMARY Welcome to this well-located 2-bedroom, 1-bath apartment in the desirable Oak Grove neighborhood of Monterey. The apartment features a bright living space, a practical kitchen, and generously sized bedrooms. Offering a comfortable and functional layout, This property places you close to local shops, dining, and everyday conveniences, while still offering a quiet residential feel. The location is especially convenient to the Naval Postgraduate School, Monterey Peninsula College, downtown Monterey, and nearby beaches, making commuting and recreation effortless. This apartment offers a great opportunity to enjoy Monterey living in a central and convenient location. Number of bedrooms: two (2) Number of baths: one (1.0) Square footage of the : 775 Square footage of the lot: 4000 Floor plan type: single level Type of parking: Street and carport Laundry: in-unit Utilities included: Utilities are not included in rent. Pets are not allowed. Service animals and ESAs accepted, when validated and approved through Petscreening com APPLICATION REQUIREMENTS Each applicant 18 years and older must complete an application at RentEngine. com (link below): http app rentengine io apply?accounts=71a65d16-f649-4cfb-84b2-d5ea38d2315c Each applicant 18 years and older must complete a profile at PetScreening.com, Regardless of whether they have a pet (link below): https www monterey petscreening com Meet company qualifying requirements. Able to take possession of property within 25 days of availability date. Must have excellent credit, employment and rental history background. Favorable responses from references. Evidence that applicant has the financial ability to pay the rent along with their other obligations. Proof of income showing a rent to income ratio of 3 to 1 in the form of pay stubs, W-2 form, tax returns, bank statements, Les, or other documents. We are unable to process applications if the Findigs application or PetScreening profile is incomplete or missing, or if not all applicants have applied. Incorrect/misinformation/missing information may delay the processing of your application or may disqualify you as a prospective renter. All verifiable sources of income will be considered. Pursuant to Cal. Govt. Code §12955(o), for applicants with rental vouchers or subsidies, the income threshold will be calculated based on the amount of rent that will be paid by the tenant (not the entire rent amount). FEES And Initial PAYMENTS Application fee: $59/adult. Lease admin fee: $350.00, due at signing. First month’s rent: $3250.00, due at signing. Security deposit: $3250.00, due at signing. UPON APPROVAL Proof of renter’s insurance (minimum $100,000 liability and $25,000 contents coverage) with landlord named as additional insured (note that the cost of this coverage is approximately $250 per year) is required of all residents. Renter’s insurance Declaration Page to be submitted in conjunction with signing the rental agreement. This property is being offered for rent by Monterey Bay Property Management and will be fully managed by the property owner following tenant acceptance and placement. We operate on a first come, first served, and first qualified basis. Please be aware that Monterey Bay Property Management (a/k/a MontereyRentals.com) is a licensed real estate brokerage and does not advertise..
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 1250 5th St compares to other nearby properties.
Positives
- Laundry available on site
- Washers and dryers are available in-building or in-unit
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
- Greater distance from middle schools
- The nearest middle school is farther than 2 miles away
Address details
| Zip code | 93940 |
|---|---|
| Type | Apartment for rent |
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Rent trends in Monterey
2-bedroom apartments at 1250 5th St cost about 3% more than the average rent price for 2-bedroom apartments in Monterey.
Median rents as of May 9 2026.
Monterey
| Month | Median Rent |
|---|---|
| May 2024 | $2,950 |
| June 2024 | $2,733 |
| July 2024 | $2,725 |
| August 2024 | $2,782 |
| September 2024 | $2,759 |
| October 2024 | $2,792 |
| November 2024 | $2,943 |
| December 2024 | $2,949 |
| January 2025 | $2,759 |
| February 2025 | $2,881 |
| March 2025 | $3,040 |
| April 2025 | $3,091 |
| May 2025 | $2,926 |
| June 2025 | $2,837 |
| July 2025 | $2,850 |
| August 2025 | $2,821 |
| September 2025 | $2,876 |
| October 2025 | $2,953 |
| November 2025 | $2,883 |
| December 2025 | $2,837 |
| January 2026 | $2,970 |
| February 2026 | $2,928 |
| March 2026 | $2,972 |
| April 2026 | $2,956 |
| May 2026 | $3,175 |
Affordability calculator
Can I afford to live at 1250 5th St?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$130,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $130,000 annually to afford this 2-bedrooms monthly rent price of $3,250.
For more information on rent affordability, visit our rent calculator.
Schools near 1250 5th St
Child Development Program Naval Support Detachment Monterey
2 la mesa way bldg 439
monterey, CA, 93940
PKPublic
La Mesa Elementary School
1 la mesa way
monterey, CA, 93940
K-8Public
A-
Dual Language Academy of the Monterey Peninsula
225 normandy rd
seaside, CA, 93955
K-8Public
B-
Graves Elementary School
15 mcfadden rd
salinas, CA, 93908
K-8Public
Monterey County Special Education
901 blanco cir
salinas, CA, 93912
K-12Public
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Internet available near 1250 5th St
Neighborhood
Getting around Monterey near 1250 5th St
Walking
5/10
Some shops and stores are within a few minutes.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 1250 5th St, Monterey
Groceries
9/10
At least one supermarket within a 10-minute walk
Shopping
6/10
Several shops within walking distance
Cafes
4/10
Some cafés within walking distance
Restaurants
6/10
Some restaurants within a few minutes’ walk
Primary schools
5/10
At least one elementary school within a 20-minute walk
High schools
4/10
At least one high school within a 30-minute walk
Nightlife
4/10
Some bars within walking distance
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Check availability
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