Zumper
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Updated 3 Hours Ago

Location

551 Watson St, Monterey, CA 93940, USA|Old Town
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Contact

Management

TOTAL PROPERTY MANAGEMENT

Leasing office

(408) 690-7776

Property Overview

WATSON has a strong expert rating from Zumper and stands out for its appealing features and advantages. It offers a balanced mix of benefits that may appeal to a range of renters seeking a well-regarded property with notable strengths.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.0
Very Good
With a solid 8 out of 10 overall, WATSON is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, WATSON has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • High school nearby
  • Middle school nearby

Great for

  • Social life

Floor plans

2BR/2.0BA2 bed2 bath900 sqft$3,200 /mo1 unit availableWell located blocks from downtown! 2-bedroom, 2-bathroom upstairs unit with 900 sq. ft., The apartment offers views of the Monterey Bay and the city skyline right from your private terrace. The newly painted unit features a functional floorplan with a combined living room and dining room. Includes wood floors and wall-to-wall carpeting. The kitchen is fully equipped with modern appliances including an oven / range, refrigerator, dishwasher and disposal. One covered parking space included with walk-in storage closet. Complex has Laundry Room with coin operated machines. Water and Garbage are included. All other utilities are at the tenant's cost. CALL TED 408-832-3355 TO SCHEDULE VIEWING THE PROPERTY. Rent: $3,200.00 Security Deposit: $3,200.00 No Pets No Smoking

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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

Units2
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About WATSON

HomeApartments in MontereyOld Town WATSON

Well located blocks from downtown! 2-bedroom, 2-bathroom upstairs unit with 900 sq. ft., The apartment offers views of the Monterey Bay and the city skyline right from your private terrace. The newly painted unit features a functional floorplan with a combined living room and dining room. Includes wood floors and wall-to-wall carpeting. The kitchen is fully equipped with modern appliances including an oven / range, refrigerator, dishwasher and disposal. One covered parking space included with walk-in storage closet. Complex has Laundry Room with coin operated machines. Water and Garbage are included. All other utilities are at the tenant's cost. CALL TED 408-832-3355 TO SCHEDULE VIEWING THE PROPERTY. Rent: $3,200.00 Security Deposit: $3,200.00 No Pets No Smoking


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.0
/10
Very Good
With a solid 8 out of 10 overall, WATSON is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, WATSON has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated WATSON
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
WATSON stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, WATSON is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
WATSON is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While WATSON does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
WATSON provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

WATSON is great for:

Social life

  • Areas nearby are accessible by walking
  • 147 restaurants within 1 mile of this property
  • 31 theaters, music venues, or sports arenas nearby
  • Diverse age groups live in this area

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 WATSON compares to other nearby properties.

Positives

High school nearby
There is a high school 0.2 mile away
Middle school nearby
There is a middle school 1 mile away

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 1 mile away

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Rent trends in Old Town

2-bedroom apartments at WATSON cost about 5% more than the average rent price for 2-bedroom apartments in Old Town.

Median rents as of Sep 5 2026.
Old Town
Monterey
A table of 1-bedroom apartment rental data trends in Monterey
MonthMedian Rent
September 2024$2,090
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
September 2026$2,173
A table of 1-bedroom apartment rental data trends in Old Town
MonthMedian Rent
September 2024$2,095
October 2024$2,195
November 2024$2,182
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

Affordability calculator

Can I afford to live at 551 Watson St?

Bedrooms

2 bedrooms

Rent-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

$128,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $128,000 annually to afford this 2-bedrooms monthly rent price of $3,200.
For more information on rent affordability, visit our rent calculator.

Schools near WATSON

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
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Internet available near WATSON

Neighborhood

Old Town | Monterey, CA

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Monterey near 551 Watson St

Walking

6/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

7/10
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 551 Watson St, Monterey

Groceries

8/10
At least one supermarket within a 10-minute walk

Shopping

6/10
Several shops within a few minutes’ walk

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

7/10
Variety of restaurants within a few minutes' walk

Primary schools

7/10
At least one elementary school within a 15-minute walk

High schools

9/10
At least one high school within a 5-minute walk

Nightlife

4/10
Some bars within walking distance

Explore the area around 551 Watson St

Troia's Market
350 Pacific St
Trader Joe's
570 Munras Ave
Elroy's Fine Foods
15 Soledad Dr
Whole Foods Market
800 Del Monte Ctr
International Market & Deli
580 Lighthouse Ave

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By sending this inquiry, I accept Zumper's Terms and Conditions, Privacy Policy, and Community Values. By providing my phone number, I consent (not a condition of purchase) to be called and texted by WATSON.