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Location

515 Archer St, Monterey, CA 93940, USA|New Monterey
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Property Overview

515 Archer Street in Monterey presents a balanced opportunity with a solid Zumper Expert Rating reflecting its overall appeal. Pros include its convenient location and potential for rental income, while notable features enhance its attractiveness for diverse living arrangements. These factors contribute to a comprehensive evaluation of the property's market viability.

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

Zumper Expert Rating

8.3
Very Good
With a solid 8.3 out of 10 overall, x515A - OLD is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, x515A - OLD 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
  • Elementary school nearby
  • Dishwasher

Floor plans

Studio APTStudio1 bath630 sqft

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Old Monterey Business District • 140 W Franklin St

Studio

$975–$1,395

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New Monterey • 222 Laine St

Studio

$1,775

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542 Ortiz Ave

Studio

$1,750–$1,795

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Old Monterey Business District • 565 Calle Principal

Studio

$1,995

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Mission St SE of 4th Ave

Studio

$2,295

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1186 Second Street

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$1,795

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New Monterey • 725 Hawthorne St

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$1,875

Rent trends in New Monterey

Median rents as of Dec 13 2025.
New Monterey
Monterey
A table of studio rental data trends in Monterey
MonthMedian Rent
December 2023$1,395
January 2024$1,395
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$1,395
A table of studio rental data trends in New Monterey
MonthMedian Rent
June 2024$1,862
July 2024$1,806
August 2024$1,812

Schools near x515A - OLD

Monte Vista

251 soledad dr

monterey, CA, 93940

K-8Public
B+
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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 515 Archer 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

2/10
There are a few mass transit options within the area.

Points of interest for 515 Archer St, Monterey

Groceries

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

Shopping

6/10
Several shops within walking distance

Cafes

5/10
Some cafés within a few minutes’ walk

Restaurants

6/10
Variety of restaurants within a few minutes' walk

Primary schools

8/10
At least one elementary school within a 10-minute walk

High schools

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

Nightlife

3/10
Some bars within walking distance

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