Zumper
modified
5+ Days Ago

Highlights

  • Private balcony
  • Generous closet space
  • Cozy studio
  • Spacious kitchen
  • Utilities included
  • Living room

Location

565 Calle Principal, Monterey, California 93940, United States|Old Monterey Business District
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Management

Mangold Property Management, I

Leasing office

(831) 372-1338

Property Overview

This property is highly rated with a Zumper expert score of 8.5, reflecting its desirability as a rental option. It features impressive amenities, including a private balcony and spacious kitchen, along with competitive pricing and a prime location near numerous parks, restaurants, and recreational options. With a strong emphasis on transparency from the management and a lively social atmosphere in the surrounding area, it offers excellent value for potential renters.

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

8.5
Very Good
With a solid 8.5 out of 10 overall, cpp is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, cpp has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Outdoor space

Great for

  • Social life

Floor plans

0BR/1.0BAStudio1 bath459 sqft$1,995 /mo1 unit availableLocated on the second floor of a beautiful historic building, this cozy studio offers the perfect blend of charm and convenience. Situated just steps from Alvarado Street, you'll be within easy walking distance to local shopping, dining, and entertainment. Enjoy being just minutes from Del Monte Center Mall, Fisherman's Wharf, public transportation, the scenic bike trail, and the beach. Inside, the unit features a private balcony right off of the living room, a spacious kitchen with bright lighting, and generous closet space. Don't miss the opportunity to live in one of Monterey’s most walkable and vibrant neighborhoods! Move-In Special: $300 off first month's rent! Appliances Included: Stove and Refrigerator. Utilities Included: Water, Garbage and Sewer. Renter's insurance is required. Lease term requirement is 1 year. Application fee is $45 per applicant 18 years and older. Please contact our office at 831-372-1338 for further information. Agent information: Scott Coming DRE #1720090

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Amenities for cpp

Apartment Amenities

BalconyCorner Apartment
Private BalconyUpstairs Unit
Utilities IncludedWater

Appliances

RangeRefrigerator
Stove

Building

Onsite LaundrySewer

Services

Garbage

Neighborhood

Close To Shopping and RestaurantsGreat Neighborhood
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
Building details

Property details

Units8
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About cpp

HomeApartments in MontereyOld Monterey Business District cpp

Located on the second floor of a beautiful historic building, this cozy studio offers the perfect blend of charm and convenience. Situated just steps from Alvarado Street, you'll be within easy walking distance to local shopping, dining, and entertainment. Enjoy being just minutes from Del Monte Center Mall, Fisherman's Wharf, public transportation, the scenic bike trail, and the beach. Inside, the unit features a private balcony right off of the living room, a spacious kitchen with bright lighting, and generous closet space. Don't miss the opportunity to live in one of Monterey’s most walkable and vibrant neighborhoods! Move-In Special: $300 off first month's rent! Appliances Included: Stove and Refrigerator. Utilities Included: Water, Garbage and Sewer. Renter's insurance is required. Lease term requirement is 1 year. Application fee is $45 per applicant 18 years and older. Please contact our office at 831-372-1338 for further information. Agent information: Scott Coming DRE #1720090


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.
8.5
/10
Very Good
With a solid 8.5 out of 10 overall, cpp is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, cpp has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
How we rated cpp
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.
cpp 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·10A 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.
cpp stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks, making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
cpp 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 cpp does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A 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.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

cpp is great for:

Social life

  • 166 restaurants within 1 mile of this property
  • Diverse age groups live in this area
  • Area has 34 parks and recreation options
  • 235 mixed-use spaces 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 cpp compares to other nearby properties.

Positives

Outdoor space
Easy access to the outdoors

Considerations

Greater distance from high schools
The nearest high school is farther than 2 miles away
Greater distance from middle schools
The nearest middle school is farther than 2 miles away
Greater distance from grade schools
The nearest elementary school is farther than 1 mile away
Lacks images
Fewer than 10 photos available for this location

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Rent trends in Old Monterey Business District

studio apartments at cpp cost about 67% more than the average rent price for studio apartments in Old Monterey Business District.

Median rents as of Jan 3 2026.
Old Monterey Business District
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 Old Monterey Business District
MonthMedian Rent
February 2024$1,000
March 2024$1,000
April 2024$1,000
May 2024$1,000
June 2024$1,000
July 2024$1,000
August 2024$1,000
September 2024$1,000
October 2024$1,000
November 2024$1,000
December 2024$1,000
January 2025$1,000
February 2025$1,000
March 2025$1,000
April 2025$1,000
May 2025$1,000
June 2025$1,000
July 2025$1,000
August 2025$1,000
September 2025$1,000
October 2025$1,000
November 2025$1,039
December 2025$1,198
January 2026$1,198

Affordability calculator

Can I afford to live at 565 Calle Principal?

Bedrooms

Studio

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

$79,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $79,800 annually to afford this studio monthly rent price of $1,995.
For more information on rent affordability, visit our rent calculator.

Schools near cpp

Monte Vista

251 soledad dr

monterey, CA, 93940

K-8Public
B+
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Internet available near cpp

Neighborhood

Old Monterey Business District | Monterey, CA

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

Getting around Monterey near 565 Calle Principal

Walking

10/10
No car? No problem. Everything you need is within a few blocks.

Driving

7/10
This area is close to freeways and has adequate parking options.

Transit

6/10
Frequent public transit options are within walking distance.

Points of interest for 565 Calle Principal, Monterey

Groceries

9/10
At least one grocery store within a few minutes' walk

Shopping

7/10
Variety of shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

7/10
Variety of restaurants within walking distance

Primary schools

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

High schools

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

Nightlife

5/10
Some bars within walking distance

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