4 Days Ago
Highlights
- Laundry facility onsite
- Small private balcony
- Carport parking
Location
725 Spencer St, Monterey, CA 93940, USA|New Monterey
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Property Overview
725spen offers a compelling combination of onsite laundry facilities and carport parking, along with a small private balcony for added comfort. The property is well-situated for a vibrant social life, with a diverse community and proximity to 153 restaurants, 32 entertainment venues, and 230 mixed-use spaces, enhancing its appeal. Overall, it presents a dynamic living environment with valuable amenities and a thriving neighborhood atmosphere.
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.
Things you’ll love
Middle school nearby- Laundry available on site
Great for
Social life
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | 440 sqft | $2,175 /mo | 1 unit available | One-bedroom, one-bath apartment located in a very desirable neighborhood of New Monterey. This apartment comes with carport parking and an additional storage close to Cannery Row, Monterey Bay Aquarium, DLI, Restaurants, Shopping, and the Beach. Easy access to HWY 68. Appliances Included: Stove and Refrigerator. Utilities Included: Garbage and Sewer included in the rent. Lease term requirement is 1 Year, application fee is $45 per applicant 18 yrs and older. Agent Information: Chad Truesdell - DRE #2139661 |
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Amenities for 725spen
Apartment Amenities
| Utilities Included |
Appliances
| Range | Refrigerator |
| Stove |
Building
| Coin Operated Laundry On Site | Onsite Laundry |
| Sewer |
Grounds
| Carport Parking | Storage |
Services
| Garbage |
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
Contact for more information on pet policy.
Building details
Property details
| Units | 12 |
|---|
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About 725spen
One-bedroom, one-bath apartment located in a very desirable neighborhood of New Monterey. This apartment comes with carport parking and an additional storage close to Cannery Row, Monterey Bay Aquarium, DLI, Restaurants, Shopping, and the Beach. Easy access to HWY 68. Appliances Included: Stove and Refrigerator. Utilities Included: Garbage and Sewer included in the rent. Lease term requirement is 1 Year, application fee is $45 per applicant 18 yrs and older. Agent Information: Chad Truesdell - DRE #2139661
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.
9.0
/10
Excellent725spen is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Amenities and Price, which help to make this rental a great place to call home.
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.
725spen 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.
725spen 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.
725spen 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·9A 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.
725spen has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
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.
725spen 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.
725spen is great for:
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 725spen compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 1 mile away
- Laundry available on site
- Washers and dryers are available in-building or in-unit
Considerations
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in New Monterey
1-bedroom apartments at 725spen cost about 9% more than the average rent price for 1-bedroom apartments in New Monterey.
Median rents as of Oct 4 2025.
New Monterey
Monterey
| Month | Median Rent |
|---|---|
| October 2023 | $1,395 |
| November 2023 | $1,395 |
| 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 |
| Month | Median Rent |
|---|---|
| June 2024 | $1,862 |
| July 2024 | $1,806 |
| August 2024 | $1,812 |
Affordability calculator
Can I afford to live at 725 Spencer St?
Bedrooms
1 bedroomRent-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
$87,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $87,000 annually to afford this 1-bedroom monthly rent price of $2,175.
For more information on rent affordability, visit our rent calculator.
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Internet available near 725spen
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 725 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 725 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
7/10
At least one elementary school within a 20-minute walk
High schools
10/10
At least one high school within a 5-minute walk
Nightlife
4/10
Few or no bars within walking distance
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