Zumper
modified
5+ Days Ago

Highlights

  • Balcony
  • Laundry on site
  • Utilities included
  • View of the bay
  • Storage room

Location

456 Spencer St, Monterey, CA 93940, USA|New Monterey
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Tour 456 Spencer Street - Monterey

Contact

pmc-logo

Management

Sterling Property Management

Leasing office

(831) 643-9400

Open 

9:00 am–5:00 pm PT

Property Overview

456 Spencer Street - Monterey has received an impressive Zumper expert rating of 8.5, reflecting its appeal to renters. Notable features include a balcony, on-site laundry, and bay views, enhancing the living experience. With the property scoring highly in pricing, amenities, and location, it represents a competitive choice for those seeking an active social life, with numerous parks, restaurants, and entertainment options nearby.

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.

Zumper Expert Rating

8.5
Very Good
With a solid 8.5 out of 10 overall, 456 Spencer Street - Monterey is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 456 Spencer Street - Monterey has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Less expensive
  • Elementary school nearby
  • More space

Great for

  • Eco living
  • Social life

Floor plans

1 Bedroom / 1 Bathroom1 bed1 bath650 sqft$1,995 /mo1 unit available

Let's explore this property.

Amenities for 456 Spencer Street - Monterey

Apartment Amenities

CarpetUtilities Included
View

Appliances

DishwasherGarbage Disposal
Refrigerator

Building

Onsite Laundry

Grounds

Off-Street Parking

Services

Recycling
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

Application Fee

One-time. Agent application fee.

Contact Property

REQUIRED FEES

Deposit

One-time. Refundable: 100%. Security Deposit.

$1,995

Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

Building details

Property details

Units4
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About 456 Spencer Street - Monterey

HomeApartments in MontereyNew Monterey 456 Spencer Street - Monterey

BEDS / BATHS: 1/1SQUARE FOOTAGE: ±RENTAL PRICE: $1,900.00 per monthDEPOSIT AMOUNT: $1,900.00MANDATORY RESIDENTIAL BENEFIT PACKAGE: $35.00 per month*UTILITIES INCLUDED: GARBAGE, SEWER CHARGESLEASE TERM: 1 YEARThis 1 bedroom, 1 bathroom unit is nestled on the top level of a great apartment complex on Spencer Street. Balcony allows a fresh breeze with a view of the bay. Laundry on site, assigned parking and a storage room. Check this unit out today!Sorry, no pets allowed. Sterling Property ManagementDRE #02083542801 Lighthouse Avenue Suite 109Monterey, California 93940(831) 643-9400


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.
8.5
/10
Very Good
With a solid 8.5 out of 10 overall, 456 Spencer Street - Monterey is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 456 Spencer Street - Monterey has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated 456 Spencer Street - Monterey
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.
456 Spencer Street - Monterey 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.
456 Spencer Street - Monterey goes above and beyond to provide sought-after conveniences and desirable perks, including garbage disposal. Renters looking for popular or luxurious features will find them here—and for that reason, 456 Spencer Street - Monterey 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.
456 Spencer Street - Monterey 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 456 Spencer Street - Monterey 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.
456 Spencer Street - Monterey 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.

456 Spencer Street - Monterey is great for:

Eco living

  • 37 parks within a mile
  • You can get around by foot in this area
  • On-site recycling or composting options
  • Public transit available nearby

Social life

  • 181 restaurants within 1 mile of this property
  • Areas nearby are accessible by walking
  • 39 theaters, music venues, or sports arenas nearby
  • Diverse age groups live in this area

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 456 Spencer Street - Monterey compares to other nearby properties.

Positives

Less expensive
The 1-bedrooms are cheaper than other similar listings nearby
Elementary school nearby
There is an elementary school 0.3 mile away
More space
The 1-bedroom is 125 sqft larger than other listings nearby
Dishwasher
Dishwasher available in kitchen
Laundry available on site
Washers and dryers are available in-building or in-unit

Considerations

Lacks images
Fewer than 10 photos available for this location

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Rent trends in New Monterey

1-bedroom apartments at 456 Spencer Street - Monterey cost about 9% less than the average rent price for 1-bedroom apartments in New Monterey.

Median rents as of Mar 14 2026.
New Monterey
Monterey
A table of studio rental data trends in Monterey
MonthMedian 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
A table of studio rental data trends in New Monterey
MonthMedian Rent
June 2024$1,862
July 2024$1,806
August 2024$1,812
March 2026$1,900

Affordability calculator

Can I afford to live at 456 Spencer St?

Bedrooms

1 bedroom

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

$76,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $76,000 annually to afford this 1-bedroom monthly rent price of $1,900.
For more information on rent affordability, visit our rent calculator.

Schools near 456 Spencer Street - Monterey

Monte Vista

251 soledad dr

monterey, CA, 93940

K-8Public
B+

Child Development Program Naval Support Detachment Monterey

2 la mesa way bldg 439

monterey, CA, 93940

PKPublic

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

Salinas City Virtual Academy

1210 tyler st

salinas, CA, 93906

K-6Public
C-
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Internet available near 456 Spencer Street - Monterey

Neighborhood

New Monterey | Monterey, CA

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Monterey near 456 Spencer St

Walking

6/10
Some shops and stores are within a few minutes.

Driving

6/10
This area is close to freeways and has adequate parking options.

Cycling

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 456 Spencer St, Monterey

Groceries

8/10
At least one supermarket within a 10-minute walk

Shopping

6/10
Several shops within walking distance

Cafes

5/10
Some cafés within a few minutes’ walk

Restaurants

6/10
Variety of restaurants within a few minutes' walk

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

9/10
At least one high school within a 5-minute walk

Nightlife

3/10
Some bars within walking distance

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