4 Hours Ago
Location
504 Ocean Ave, Monterey, CA 93940, USA
Tour 504 Ocean Ave
Contact
Wayland Properties
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Amenities for 504 Ocean Ave
Features
| Balcony | Patio |
Appliances
| In-Unit Laundry | Washer and Dryer |
Services
| Garbage | Landscaping |
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?
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About 504 Ocean Ave
Please note: Photos were taken when the property was professionally staged for sale. The home is offered unfurnished. Ideally located just one block from the Naval Postgraduate School, this well-maintained 2-bedroom, 1.5-bath townhome offers comfortable coastal living in one of Monterey's most convenient locations. Situated in Monterey's desirable sunbelt, this approximately 1,185-square-foot townhome places you within easy reach of everything the Monterey Peninsula has to offer. A local market and deli are just steps away, while the Monterey Peninsula Recreation Trail provides convenient access to the coastline, downtown Monterey, Pacific Grove, and Asilomar. The main level features an open floor plan with recessed lighting, a dining area, and a spacious living room with a fireplace. Three private balconies provide additional outdoor living space and are perfect for enjoying Monterey's mild coastal climate. The updated kitchen includes granite countertops, natural wood cabinetry, and a full suite of appliances. Upstairs, both bedrooms offer generous living space, including one bedroom with its own private balcony. A full bathroom and in-unit laundry are conveniently located on the second floor. Additional features include: Approximately 1,185 square feet 2 bedrooms 1.5 bathrooms Fireplace Granite countertops In-unit washer and dryer Three private balconies Covered parking Spacious storage area Convenient access to NPS, downtown Monterey, Pacific Grove, shopping, dining, and recreation Rental Terms: Monthly Rent: $4,100 Security Deposit: $4,100 Application Fee: $40 per applicant Applications must be submitted through the Wayland Properties website only For additional information or to schedule a private showing, please contact Wayland Properties.
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 504 Ocean Ave, Monterey, CA 93940, USA compares to other nearby properties.
Positives
- Dishwasher
- Dishwasher available in kitchen
- Fireplace
- Upgraded in-unit features
- Images Available
- There are at least 10 photos of this address
- Outdoor space
- Easy access to the outdoors
Address details
| Zip code | 93940 |
|---|---|
| Type | House for rent |
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Rent trends in Monterey
2-bedroom apartments at 504 Ocean Ave cost about 32% more than the average rent price for 2-bedroom apartments in Monterey.
Median rents as of Jun 20 2026.
Monterey
| Month | Median Rent |
|---|---|
| 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 | $3,147 |
| June 2026 | $3,091 |
Affordability calculator
Can I afford to live at 504 Ocean Ave?
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
$164,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $164,000 annually to afford this 2-bedrooms monthly rent price of $4,100.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 3 years ago | $2,600 | 2 bed | 1.5 bath | ||
| 7 years ago | $2,450 | 2 bed | 1.5 bath | ||
| 10 years ago | $2,100 | 2 bed | 1.5 bath |
Schools near 504 Ocean Ave
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 504 Ocean Ave
Neighborhood
Getting around Monterey near 504 Ocean Ave
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 504 Ocean Ave, 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
Other units at this address
504 Ocean Ave, Monterey, CA
504 Ocean Ave Monterey, CA
Occupied
7
2 Beds
1.5 Baths
$2,600
Deck • On-Site Laundry • In-Unit Laundry • Balcony • Assigned Parking • Dishwasher
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