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Highlights

  • Private balcony
  • Onsite laundry
  • Quiet residential setting
  • Covered carport parking
  • Lvp flooring throughout

Location

725 Spencer St, Monterey, CA 93940, USA|New Monterey
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Property Overview

725spen presents an outstanding rental opportunity with a Zumper Expert Rating of 9.4 out of 10, highlighting its excellent price-value balance and premier amenities like a private balcony and onsite laundry. Located in a vibrant area with diverse age groups, residents enjoy a dynamic social life supported by numerous restaurants and entertainment options. With a trustworthiness rating of 8 out of 10, this property stands out for its transparency and high quality of living, making it an exceptional choice for 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

9.4
Excellent
725spen 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 Price and Amenities, which help to make this rental a great place to call home.

Things you’ll love

  • Middle school nearby
  • Elementary school nearby
  • Laundry available on site

Great for

  • Social life

Floor plans

1BR/1.0BA1 bed1 bath440 sqftWell-maintained 1-bedroom apartment located in New Monterey at 725 Spencer #5. The unit features LVP flooring throughout, a private balcony, and covered carport parking. Onsite laundry is available for resident convenience. Functional layout in a quiet residential setting with easy access to downtown Monterey, Cannery Row, and the Monterey Peninsula. Appliances Included: Stove and Refrigerator. Utilities Included: Garbage and Sewer included In the rent. Renter's insurance is required. 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

BalconyLarge Closets
Upstairs UnitUtilities Included

Appliances

RangeRefrigerator
Stove

Building

Onsite LaundrySewer

Grounds

Carport Parking

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

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property
Building details

Property details

Units12
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About 725spen

HomeApartments in MontereyNew Monterey 725spen

Well-maintained 1-bedroom apartment located in New Monterey at 725 Spencer #5. The unit features LVP flooring throughout, a private balcony, and covered carport parking. Onsite laundry is available for resident convenience. Functional layout in a quiet residential setting with easy access to downtown Monterey, Cannery Row, and the Monterey Peninsula. Appliances Included: Stove and Refrigerator. Utilities Included: Garbage and Sewer included In the rent. Renter's insurance is required. 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.
9.4
/10
Excellent
725spen 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 Price and Amenities, which help to make this rental a great place to call home.
How we rated 725spen
Price·10A 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 offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
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·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.

725spen is great for:

Social life

  • 174 restaurants within 1 mile of this property
  • 37 theaters, music venues, or sports arenas nearby
  • 264 mixed-use spaces 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 725spen compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 1 mile away
Elementary school nearby
There is an elementary school 0.5 mile away
Laundry available on site
Washers and dryers are available in-building or in-unit
Outdoor space
Easy access to the outdoors

Considerations

Lacks images
Fewer than 10 photos available for this location

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Rent trends in New Monterey

Median rents as of Feb 21 2026.
New Monterey
Monterey
A table of studio rental data trends in Monterey
MonthMedian Rent
March 2024$1,513
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
February 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

Schools near 725spen

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

Salinas City Virtual Academy

1210 tyler st

salinas, CA, 93906

K-6Public
C-
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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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