Updated 5+ Days Ago
Highlights
- 3d virtual tour
- Exquisitely remodeled
- Elegance and modernity
- Gleaming luxury vinyl flooring
Location
771 Madison St, Monterey, CA 93940, USA|Old Town
Tour 771 Madison St
Contact
William Phillips Real Estate
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Property Overview
Exquisitely remodeled with a 3D virtual tour, this home blends elegance and modernity with gleaming luxury vinyl flooring. It also stands out for its close proximity to a top-rated high school and a lively neighborhood with abundant parks, restaurants, and entertainment options.
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
High school nearby- Middle school nearby
Great for
Social life
Amenities for 771 Madison St, Old Town
Appliances
| Microwave | Oven |
| Refrigerator |
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?
About 771 Madison St
Experience unparalleled luxury in this brand-new, exquisitely remodeled ADU, now available for rent in the serene and private enclave of an exclusive residence. Every detail in this stunning space has been meticulously crafted from the ground up, ensuring a flawless blend of elegance and modernity, all certified to the highest standards with proper permitting. Step into opulence with gleaming luxury vinyl flooring that stretches throughout the residence, leading you to an impeccably updated kitchen and bath that exude sophistication and style. Enjoy the ultimate in privacy with your own separate entrance, providing a seamless blend of convenience and seclusion. Situated walking distance to downtown Monterey, the prestigious Middlebury Institute, and the esteemed Defense Language Institute, this extraordinary ADU offers both convenience and a coveted lifestyle. Don't miss the opportunity to indulge in this rare gem – a perfect sanctuary for those with discerning tastes. 3D virtual tour available below: https tour giraffe360 com eb65e37558ab49a29060b7bcacab221e
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 771 Madison St compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.1 miles away
- Middle school nearby
- There is a middle school 0.8 miles away
Considerations
- Priced higher than average
- Studio unit is $305 more than the median rent in this area
- Greater distance from grade schools
- The nearest elementary school is farther than 0.8 miles away
Address details
| Neighborhood | Old Town |
|---|---|
| Zip code | 93940 |
| Type | House for rent |
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Rent trends in Old Town
Median rents as of Oct 24 2026.
Old Town
Monterey
| Month | Median Rent |
|---|---|
| November 2024 | $2,090 |
| 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 |
| September 2026 | $2,192 |
| October 2026 | $2,205 |
| Month | Median Rent |
|---|---|
| November 2024 | $2,178 |
| December 2024 | $2,195 |
| January 2025 | $2,146 |
| February 2025 | $2,198 |
| March 2025 | $2,198 |
| April 2025 | $2,181 |
| May 2025 | $2,175 |
| June 2025 | $2,195 |
| July 2025 | $2,195 |
| August 2025 | $2,195 |
| November 2025 | $2,283 |
| December 2025 | $2,025 |
| January 2026 | $2,000 |
| May 2026 | $2,297 |
| June 2026 | $2,279 |
| July 2026 | $2,300 |
| August 2026 | $2,250 |
| September 2026 | $2,250 |
| October 2026 | $2,550 |
Affordability calculator
Can I afford to live at 771 Madison St?
Bedrooms
StudioRent-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
$92,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $92,000 annually to afford this studio monthly rent price of $2,300.
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.| 2 years ago | $2,500 |
Schools near 771 Madison St
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
Monterey County Special Education
901 blanco cir
salinas, CA, 93912
K-12Public
Neighborhood
Old Town | Monterey, CA
Getting around Monterey near 771 Madison St
Walking
6/10
Some shops and stores are within a few minutes.
Driving
8/10
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
2/10
There are a few mass transit options within the area.
Points of interest for 771 Madison St, Monterey
Groceries
8/10
At least one grocery store within a 15-minute 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
7/10
At least one elementary school within a 20-minute walk
High schools
9/10
At least one high school within a 5-minute walk
Nightlife
4/10
Few or no bars within walking distance
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