Zumper
modified
5+ Days Ago

Highlights

  • Hardwood floors
  • Shared washer and dryer

Location

823 Spencer St, Monterey, CA 93940, USA|New Monterey
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Contact

Management

Cardinalli Realty & Property Management Company Inc. Corp DRE Lic# 01878046

Leasing office

(831) 375-0984

Property Overview

Spencer St. (823-825) has received a solid Zumper Expert Rating of 8 out of 10, indicating a strong rental option enhanced by its competitive pricing and array of amenities. The property features hardwood floors and shared laundry facilities, further elevating its appeal. Its prime location offers easy access to a vibrant social scene, including 152 nearby restaurants and numerous entertainment venues, making it a desirable choice for those seeking an engaged lifestyle.

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, Spencer St. (823-825) is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Spencer St. (823-825) 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

  • Middle school nearby

Great for

  • Social life

Floor plans

1BR/1.0BA1 bed1 bath$2,295 /mo1 unit availableThis is a one bedroom one bath duplex in Monterey. It is walking distance to the DLI and Cannery Row. It has hardwood floors, shared washer and dryer on site. Pet negotiable. Monterey Peninsula is home to Cannery Row, Fisherman's Wharf and the Monterey Bay Aquarium. Popular destinations also include Big Sur, Pebble Beach and the City of Carmel. Call 831-375-0984 Cardinalli Realty and Property Management Co. Inc. www cardinallirealty com Lic # 01878046

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Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property
Building details

Property details

Units2
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About Spencer St. (823-825)

HomeApartments in MontereyNew Monterey Spencer St. (823-825)

This is a one bedroom one bath duplex in Monterey. It is walking distance to the DLI and Cannery Row. It has hardwood floors, shared washer and dryer on site. Pet negotiable. Monterey Peninsula is home to Cannery Row, Fisherman's Wharf and the Monterey Bay Aquarium. Popular destinations also include Big Sur, Pebble Beach and the City of Carmel. Call 831-375-0984 Cardinalli Realty and Property Management Co. Inc. www cardinallirealty com Lic # 01878046


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, Spencer St. (823-825) is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Spencer St. (823-825) 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 Spencer St. (823-825)
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.
Spencer St. (823-825) 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, Spencer St. (823-825) 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.
Spencer St. (823-825) 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 Spencer St. (823-825) 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.
Spencer St. (823-825) 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.

Spencer St. (823-825) is great for:

Social life

  • 152 restaurants within 1 mile of this property
  • Areas nearby are accessible by walking
  • 256 mixed-use spaces nearby
  • 36 theaters, music venues, or sports arenas nearby

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 Spencer St. (823-825) compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 1 mile away

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Rent trends in New Monterey

1-bedroom apartments at Spencer St. (823-825) cost about 18% more than the average rent price for 1-bedroom apartments in New Monterey.

Median rents as of Jan 3 2026.
New Monterey
Monterey
A table of studio rental data trends in Monterey
MonthMedian Rent
February 2024$1,395
March 2024$1,483
April 2024$1,395
May 2024$1,395
June 2024$1,421
July 2024$1,395
August 2024$1,395
September 2024$1,395
October 2024$1,395
November 2024$1,395
December 2024$1,395
January 2025$1,395
February 2025$1,395
March 2025$1,395
April 2025$1,611
May 2025$1,471
June 2025$1,395
July 2025$1,395
August 2025$1,395
September 2025$1,547
October 2025$1,395
November 2025$1,395
December 2025$1,442
January 2026$1,395
A table of studio rental data trends in New Monterey
MonthMedian Rent
June 2024$1,862
July 2024$1,806
August 2024$1,812

Affordability calculator

Can I afford to live at 823 Spencer St?

Bedrooms

1 bedroom

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

$91,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $91,800 annually to afford this 1-bedroom monthly rent price of $2,295.
For more information on rent affordability, visit our rent calculator.

Schools near Spencer St. (823-825)

Monte Vista

251 soledad dr

monterey, CA, 93940

K-8Public
B+
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Internet available near Spencer St. (823-825)

Neighborhood

New Monterey | Monterey, CA

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

Getting around Monterey near 823 Spencer St

Walking

5/10
Some shops and stores are within a few minutes.

Driving

6/10
This area is accessible to thoroughfares and has ample 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 823 Spencer St, Monterey

Groceries

8/10
At least one grocery store within a few minutes' walk

Shopping

6/10
Variety of shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

6/10
Variety of restaurants within walking distance

Primary schools

8/10
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

3/10
Few or no bars within walking distance

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