5+ Days Ago
Location
501 Ocean Ave, Monterey, CA 93940, USA
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Property Overview
The property at 501-555 is highly rated, exhibiting excellent value with a Zumper expert rating of 8.3 out of 10. Its competitive pricing, outstanding amenities, and prime location near cultural centers and restaurants significantly enhance the living experience. With a wealth of photos available, the property also demonstrates transparency and trustworthiness, making it an appealing 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.
Things you’ll love
More space- Images Available
- Laundry available on site
Great for
Social life
Floor plans
| 0BR/1.0BA | Studio | 1 bath | 245 sqft | $1,850 /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 | |
| 1BR/1.0BA | 1 bed | 1 bath | 522+ sqft | $2,100 /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.
Amenities for 501-555
Apartment Amenities
| Downstair Unit | Water |
Appliances
| Gas Range | Range |
| Refrigerator | Stove |
Building
| Coin Operated Laundry Facilities Onsite | Onsite Laundry |
| Sewer |
Grounds
| Carport Parking |
Services
| Garbage |
Neighborhood
| Close to Beach | Close To Downtown |
| Close to Park | Close To Shopping and Restaurants |
| 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. 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.
8.3
/10
Very GoodWith a solid 8.3 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·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.
501-555 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·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·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.
501-555 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.
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
- More space
- Studio is 112 sqft larger than other listings nearby
- Images Available
- There are at least 10 photos of this address
- 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
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Rent trends in Monterey
Studio apartments at 501-555 cost about 33% more than the average rent price for studios in Monterey.
1-bedroom apartments here are priced about the same as 1-bedrooms in Monterey.
Median rents as of Jan 31 2026.
Monterey
| Month | Median Rent |
|---|---|
| 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 |
| December 2025 | $1,442 |
| January 2026 | $1,395 |
Affordability calculator
Can I afford to live at 501 Ocean Ave?
Bedrooms
Rent-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
$74,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $74,000 annually to afford this studio monthly rent price of $1,850.
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
Explore the area around 501 Ocean Ave
Valnizza Market & Liquor
401 Ocean Ave
La Sala's Bi-Rite Market
250 Casa Verde Way
Trader Joe's
570 Munras Ave
Troia's Market
350 Pacific St
Whole Foods Market
800 Del Monte Ctr
Banana Republic
1410 Del Monte Center
Gap
1410 Del Monte Center
Vapor Sudden Service Cleaners
1193 10th St
Columbia Sportswear
498 Del Monte Ctr
Footprints on the Bay Apartments
300 Glenwood Cir
Starbucks
2020 Del Monte Ave
Bobalicious & Bites
398 Fremont St
Peet's Coffee
560 Munras Ave
Red's Donuts
433 Alvarado St
Plumes Coffee House
400 Alvarado St
Trident Room
1 University Cir
LindaRose Bar & Grill
1110 Del Monte Ave
Del Monte Grill
2030 Fremont St
London Bridge Pub
256 Figueroa St
Melville Tavern
484 Washington St
Parker-Lusseau Pastries & Cafe
731 Munras Ave
Paris Bakery Cafe
271 Bonifacio Pl
Parker-Lusseau Pastries
539 Hartnell St
Room For Dessert
420 Pacific St
Williams-Sonoma
1210 Del Monte Ctr
Randy's Sandwich Shop
1193 10th St
Cafe Del Monte
Cunningham RD
LindaRose Bar & Grill
1110 Del Monte Ave
Tusca Ristorante
1 Old Golf Course Road Hyatt Regency Monterey Hotel Spa
Pacific Bowls & Rolls
1098 Del Monte Ave
Mark Thomas / Sloat
Monterey - Ryan Ranch
Mark Thomas / Sloat
Monterey - Ryan Ranch
Fremont / Camino Aguajito
Monterey - Ryan Ranch, Monterey - CHOMP, Carmel - Sand City, JAZZ - A Aquarium/Sand City via Hilby, JAZZ - B Aquarium/Sand City via Broadway
Fremont / Aguajito
Carmel - Sand City, JAZZ - A Aquarium/Sand City via Hilby, JAZZ - B Aquarium/Sand City via Broadway
Del Monte / Sloat
Monterey - Salinas
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