Highlights
Pet Friendly
Location
Tour 541 Foam St
Contact
Monterey Bay Property Management
Nearby rentals
Property management
Monterey Bay Property Management
Close to a top-rated elementary school and supported by 29 photos, the property offers a strong visual preview and stands out for its high value per square foot in the area. Nearby walkable areas, 145 restaurants, 25 entertainment venues, outdoor spaces, and local pet services add to its appeal across lifestyle and convenience factors.
Things you’ll love
Great for
Apartment Amenities
| Deck | Patio |
| Utilities Included |
Appliances
| In-Unit Laundry |
Building
| Cats OK | Dogs OK |
| Onsite Laundry |
Grounds
| Outdoor Space | Storage |
Services
| On-Site Management |
One-time.
One-time. Refundable.
Contact for more information on pet policy.
Questions about this property’s policies and fees?
| Lease terms | 12+ months |
|---|
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 541 Foam Street, a unique and inviting one-bedroom, 1.5-bath home offering privacy, comfort, and an excellent Monterey location. Set behind a gated entrance, this home features a generous floor plan with a gourmet kitchen, comfortable living room, dining nook, dedicated office space, and separate laundry room. The private patio provides a peaceful outdoor space for relaxing or entertaining. Upstairs, the spacious bedroom enjoys ocean views, creating a bright and relaxing retreat. Thoughtful design and ample storage throughout give the home an upscale, loft-like feel while providing plenty of functional living space. Conveniently located in Monterey, 541 Foam Street offers excellent walkability to nearby restaurants, shops, and everyday conveniences, with Cannery Row, the waterfront, and many of Monterey's attractions just minutes away. A rare opportunity for those looking for a distinctive Monterey home combining privacy, ocean views, outdoor space, and a highly walkable location. Number of bedrooms: one (1) Number of baths: one and one-half (1.5) Square footage of the duplex: 1000 Floor plan type: two-story Type of parking: Street Laundry: In-Unit Utilities included: Utilities are not included in rent. The following pets are 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 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. No cosigners or guarantors will be accepted. 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 Rent Engine 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: $300.00, due at signing. First month’s rent: $3500.00, due at signing. Security deposit: $3500.00, 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. We ..
How 541 Foam St compares to other nearby properties.
Positives
| Neighborhood | New Monterey |
|---|---|
| Zip code | 93940 |
| Type | Apartment for rent |
1-bedroom apartments at 541 Foam St cost about 59% more than the average rent price for 1-bedroom apartments in Monterey.
| Month | Median Rent |
|---|---|
| September 2024 | $2,091 |
| October 2024 | $2,115 |
| November 2024 | $2,109 |
| December 2024 | $2,093 |
| January 2025 | $2,069 |
| February 2025 | $2,100 |
| March 2025 | $2,114 |
| April 2025 | $2,098 |
| May 2025 | $2,150 |
| June 2025 | $2,114 |
| July 2025 | $2,098 |
| August 2025 | $2,096 |
| September 2025 | $2,145 |
| October 2025 | $2,187 |
| November 2025 | $2,159 |
| December 2025 | $2,099 |
| January 2026 | $2,045 |
| February 2026 | $2,169 |
| March 2026 | $2,228 |
| April 2026 | $2,222 |
| May 2026 | $2,182 |
| June 2026 | $2,237 |
| July 2026 | $2,225 |
| August 2026 | $2,237 |
| Month | Median Rent |
|---|---|
| September 2024 | $2,108 |
| October 2024 | $2,175 |
| November 2024 | $2,257 |
| December 2024 | $2,269 |
| January 2025 | $2,170 |
| February 2025 | $2,103 |
| March 2025 | $2,074 |
| April 2025 | $1,946 |
| May 2025 | $2,152 |
| June 2025 | $2,072 |
| July 2025 | $2,025 |
| August 2025 | $2,005 |
| September 2025 | $1,981 |
| October 2025 | $2,108 |
| November 2025 | $2,150 |
| December 2025 | $2,059 |
| January 2026 | $1,951 |
| February 2026 | $2,131 |
| March 2026 | $2,192 |
| April 2026 | $2,200 |
| May 2026 | $2,180 |
| June 2026 | $2,198 |
| July 2026 | $2,199 |
| August 2026 | $2,186 |
Can I afford to live at 541 Foam St?
Bedrooms
1 bedroomRent-to-income ratio
30%
$140,000/yr
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