Updated 5+ Days Ago
Location
501 Ocean Ave, Monterey, CA 93940, USA
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Property Overview
501-555 offers strong value with an expert rating of 8.6, standout amenities and location ratings of 9, and a top price rating of 10. It may appeal to renters looking for an active social scene, with many nearby restaurants, event hubs, and entertainment venues, plus a community with diverse age groups and clear, trustworthy property details.
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
Walk-in closet
Great for
Social life
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | 525 sqft | $2,150 /mo | 4 units 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. Lease term requirement is 1 Year, application fee is $45 per applicant 18 yrs and older. Agent Information - Jackson Trapin DRE# 2111766 Broker Information: Mangold Property Management, Inc. DRE #01226102 |
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Amenities for 501-555
Apartment Amenities
| Downstairs Apartment | LVP Flooring |
| Walk-in Closet | Water |
Appliances
| Gas Range | Range |
| Refrigerator |
Building
| Carport | Onsite Laundry |
| Pay By Phone Laundry Facilities | Sewer |
Grounds
| Carport Parking | Courtyard |
| Outdoor Space |
Services
| Garbage | Gardener |
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
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
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. Lease term requirement is 1 Year, application fee is $45 per applicant 18 yrs and older. Agent Information - Jackson Trapin DRE# 2111766 Broker Information: Mangold Property Management, Inc. DRE #01226102
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. 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
- Walk-in closet
- More closet space on average
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 2% less than the average rent price for 1-bedroom apartments in Monterey.
Median rents as of Sep 12 2026.
Monterey
| Month | Median Rent |
|---|---|
| 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 |
| March 2026 | $1,420 |
| April 2026 | $1,407 |
| May 2026 | $1,395 |
| June 2026 | $1,395 |
| July 2026 | $1,395 |
| August 2026 | $1,471 |
| September 2026 | $1,598 |
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
$86,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $86,000 annually to afford this 1-bedroom monthly rent price of $2,150.
For more information on rent affordability, visit our rent calculator.
Schools near 501-555
Child Development Program Naval Support Detachment Monterey
2 la mesa way bldg 439
monterey, CA, 93940
PKPublic
La Mesa Elementary School
1 la mesa way
monterey, CA, 93940
K-8Public
A-
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
Monterey County Special Education
901 blanco cir
salinas, CA, 93912
K-12Public
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Internet available near 501-555
Neighborhood
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 supermarket within a 10-minute walk
Shopping
6/10
Several shops within walking distance
Cafes
4/10
Some cafés within walking distance
Restaurants
6/10
Some restaurants within a few minutes’ walk
Primary schools
5/10
At least one elementary school within a 20-minute walk
High schools
4/10
At least one high school within a 30-minute walk
Nightlife
4/10
Some bars within walking distance
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