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501-555 receives a strong overall expert rating of 8.6 out of 10, supported by excellent scores for pricing, amenities, and location, making it an appealing choice for renters. The property excels in value for money, ranking in the 81.48 percentile, and is ideal for those who enjoy a vibrant social life, with numerous cultural attractions and dining options nearby. Its trustworthiness rating of 8 out of 10 further highlights the transparent management and detailed property description.
Things you’ll love
Great for
| 1BR/1.0BA | 1 bed | 1 bath | 522+ sqft | $2,025–$2,150 /mo | 2 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. 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 |
Let's explore this property.
Apartment Amenities
| Downstair Unit | Walk-in Closet |
| Water |
Appliances
| Gas Range | Range |
| Refrigerator |
Building
| Coin Operated Laundry Facilities Onsite | Onsite Laundry |
| Sewer |
Grounds
| Carport Parking | Courtyard |
Services
| Garbage |
Neighborhood
| Close to Beach | Close to Park |
| Close To Shopping and Restaurants | Walking Distance to Beach |
One-time.
One-time. Refundable.
| Units | 46 |
|---|
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
How 501-555 compares to other nearby properties.
Positives
Considerations
1-bedroom apartments at 501-555 cost about 8% less than the average rent price for 1-bedroom apartments in Monterey.
| Month | Median Rent |
|---|---|
| March 2024 | $1,395 |
| 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 |
| March 2026 | $1,395 |
Can I afford to live at 501 Ocean Ave?
Bedrooms
1 bedroomRent-to-income ratio
30%
$81,000/yr
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