5+ Days Ago
Location
501 Ocean Ave, Monterey, CA 93940, USA
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Property Overview
This property, 501-555, achieves a strong Zumper expert rating of 8.6, reflecting its attractiveness for renters. It excels with a competitive price rating of 10 and exceptional amenities and location ratings of 9, ensuring a high standard of living. Additionally, the area's vibrant social scene features diverse age groups, a plethora of restaurants, and numerous local event hubs, presenting ample opportunities for connection and engagement.
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
Laundry available on site
Great for
Social life
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | 525 sqft | $2,100 /mo | 1 unit available | For unit and availability information, please contact on-site manager Robert at (831) 372-4937. Appliances Included: Stove and Refrigerator. Utilities: Water, Garbage and Sewer included in the rent. Renter's insurance is required. Security deposit is dependent on the applicants rental criteria. Lease term requirement is 1 Year, application fee is $45 per applicant 18 yrs and older. Agent Information - Jackson Trapin DRE# 2111766 |
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Amenities for 501-555
Apartment Amenities
| Downstair Unit | Water |
Appliances
| Range | Refrigerator |
| Stove |
Building
| Coin Operated Laundry Facilities Onsite | Onsite Laundry |
| Sewer |
Grounds
| Carport Parking |
Services
| Garbage |
Neighborhood
| Close To Downtown | Walking Distance to Beach |
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
Building details
Property details
| Units | 46 |
|---|
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About 501-555
For unit and availability information, please contact on-site manager Robert at (831) 372-4937. Appliances Included: Stove and Refrigerator. Utilities: Water, Garbage and Sewer included in the rent. Renter's insurance is required. Security deposit is dependent on the applicants rental criteria. Lease term requirement is 1 Year, application fee is $45 per applicant 18 yrs and older. Agent Information - Jackson Trapin DRE# 2111766
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.
8.6
/10
Very GoodWith a solid 8.6 out of 10 overall, 501-555 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 501-555 has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
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.
501-555 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·9A 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.
501-555 goes above and beyond to provide sought-after conveniences and desirable perks, including carport parking. Renters looking for popular or luxurious features will find them here—and for that reason, 501-555 receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
501-555 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 501-555 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.
501-555 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 501-555 compares to other nearby properties.
Positives
- Laundry available on site
- Washers and dryers are available in-building or in-unit
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
- Greater distance from middle schools
- The nearest middle school is farther than 2 miles away
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Monterey
1-bedroom apartments at 501-555 cost about 3% less than the average rent price for 1-bedroom apartments in Monterey.
Median rents as of Nov 1 2025.
Monterey
| Month | Median Rent |
|---|---|
| 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 |
| November 2025 | $1,395 |
Affordability calculator
Can I afford to live at 501 Ocean Ave?
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
$84,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $84,000 annually to afford this 1-bedroom monthly rent price of $2,100.
For more information on rent affordability, visit our rent calculator.
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Internet available near 501-555
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Monterey near 501 Ocean Ave
Walking
5/10
Some shops and stores are within a few minutes.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 501 Ocean Ave, Monterey
Groceries
9/10
At least one grocery store within a few minutes' walk
Shopping
6/10
Variety of shops within walking distance
Cafes
3/10
Few or no cafés within walking distance
Restaurants
6/10
Some restaurants within walking distance
Primary schools
5/10
At least one elementary school within a 30-minute walk
High schools
4/10
No high schools within a 30-minute walk
Nightlife
4/10
Few or no bars within walking distance
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