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501-555 is a highly rated community with an overall expert score of 8.6 out of 10, reflecting strong performance across price, amenities, location, and trustworthiness. With top-tier price (10/10), amenities (9/10), and location (9/10) ratings, it offers excellent value, convenience to many local attractions, and an elevated standard of living, while its 8/10 trustworthiness score signals clear, detailed information from management. The area is especially favorable for an active social life, with extensive nearby dining, cultural venues, and event spaces and a mix of age groups.
Things you’ll love
Great for
| 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 Broker Information: Mangold Property Management, Inc. DRE #01226102 |
Let's explore this property.
Apartment Amenities
| Upstairs Unit | Water |
Appliances
| Range | Refrigerator |
| Stove |
Building
| Onsite Laundry | Sewer |
Grounds
| Carport Parking | Courtyard |
| Outdoor Space |
Services
| Garbage | Gardener |
Neighborhood
| 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 Broker Information: Mangold Property Management, Inc. DRE #01226102
How 501-555 compares to other nearby properties.
Positives
Considerations
1-bedroom apartments at 501-555 cost about 4% less than the average rent price for 1-bedroom apartments in Monterey.
| Month | Median Rent |
|---|---|
| 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 | $1,420 |
| April 2026 | $1,407 |
| May 2026 | $1,395 |
Can I afford to live at 501 Ocean Ave?
Bedrooms
1 bedroomRent-to-income ratio
30%
$84,000/yr
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