4 Days Ago
Location
363 Spencer St #1, Monterey, CA 93940, USA|New Monterey
Tour 363 Spencer St #1
Contact
Monterey Bay Property Management
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Property Overview
Set in a highly walkable area with nearby public transit, 35 parks within a mile, and on-site recycling or composting, the home supports an environmentally conscious lifestyle. An active social scene is close at hand, with 192 restaurants, 37 entertainment venues, and 22 local event hubs within a mile. A collection of 21 photos gives renters a clear visual sense of the space and surroundings.
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
Elementary school nearby- More space
Great for
Eco living
Social life
Amenities for 363 Spencer St #1, New Monterey
Appliances
| In-Unit 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 363 Spencer St #1
Initial INFO: Available for viewing on June 22, 2026 and for move-in on July 1, 2026. Please Do Not Disturb Current Tenants PROPERTY SUMMARY: Charming 2-Bedroom, 2-Bath Apartment with Scenic Views – Monterey Tri-Plex Enjoy wonderful views from the second and third floors of this spacious two-bedroom, two-bath unit in a well-maintained tri-plex located in beautiful Monterey. Just minutes from the beach, the wharf, the recreation trail, and historic Cannery Row, this home offers the perfect combination of convenience and coastal living. Features include: Comfortable carpeted flooring, essential kitchen appliances, window coverings for privacy and comfort. Don’t miss out on this opportunity to live in one of Monterey’s most desirable areas! Month-to-month rental agreement SUMMARY: • Three-story home • Two (2) bedrooms • Two (2) bathrooms • Square Footage: 1,075 square feet • No Pet Property • All service animals & ESAs welcome, when validated through Petscreening. com • Stackable washer & dryer in home • Utilities not included, except for trash and sewer services • Parking for one car is allowed in the spot closest to the street APPLICATION Requirements • Application required from each applicant 18+ years old. • Excellent credit required of each applicant. • All pets and ESAs to be screened at https www monterey petscreening com • Meet company qualifying requirements. • Able to take possession of property within 30 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. • Fully completed application from each applicant. We are unable to process applications if information is missing or if not all applicants/guarantors 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 •$3,100 First month's Rent . Due at signing. •$3,100 Security Deposit. Due at signing • Application: $59/adult. •$250 Document Preparation Fee. 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. 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 on Facebook Marketplace or. We will never ask for Venmo, Zelle, CashApp, or PayPal to collect funds. If you suspect an ad has been posted by someone impersonating us or a property owner for whom we manage, please email us the information. If you believe one of our properties has been listed by a scammer, please email us the address and a link..
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 363 Spencer St #1 compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.3 mile away
- More space
- The 2-bedroom is 248 sqft larger than other listings nearby
Address details
| Neighborhood | New Monterey |
|---|---|
| Zip code | 93940 |
| Type | Apartment for rent |
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Rent trends in New Monterey
2-bedroom apartments at 363 Spencer St #1 cost about 9% more than the average rent price for 2-bedroom apartments in Monterey.
Median rents as of May 9 2026.
New Monterey
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 |
| Month | Median Rent |
|---|---|
| May 2024 | $2,795 |
| June 2024 | $2,744 |
| July 2024 | $2,725 |
| August 2024 | $2,775 |
| October 2024 | $2,630 |
| November 2024 | $2,765 |
| December 2024 | $2,725 |
| January 2025 | $2,478 |
| February 2025 | $2,454 |
| April 2025 | $2,854 |
| May 2025 | $2,767 |
| June 2025 | $2,962 |
| July 2025 | $2,854 |
| August 2025 | $2,791 |
| September 2025 | $2,808 |
| October 2025 | $2,905 |
| November 2025 | $2,930 |
| December 2025 | $2,884 |
| January 2026 | $2,903 |
| February 2026 | $2,802 |
| March 2026 | $2,798 |
| April 2026 | $2,771 |
| May 2026 | $2,875 |
Affordability calculator
Can I afford to live at 363 Spencer St #1?
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
$124,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $124,000 annually to afford this 2-bedrooms monthly rent price of $3,100.
For more information on rent affordability, visit our rent calculator.
Schools near 363 Spencer St #1
Monte Vista
251 soledad dr
monterey, CA, 93940
K-8Public
B+
Child Development Program Naval Support Detachment Monterey
2 la mesa way bldg 439
monterey, CA, 93940
PKPublic
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
Salinas City Virtual Academy
1210 tyler st
salinas, CA, 93906
K-6Public
C-
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Internet available near 363 Spencer St #1
Neighborhood
New Monterey | Monterey, CA
Getting around Monterey near 363 Spencer St #1
Walking
5/10
Some shops and stores are within a few minutes.
Driving
6/10
This area is close to freeways and has adequate parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 363 Spencer St #1, Monterey
Groceries
8/10
At least one grocery store within a few minutes' walk
Shopping
6/10
Variety of shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
6/10
Variety of restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Nightlife
4/10
Few or no bars within walking distance
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- on-site laundry
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Check availability
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