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Location

500 David Ave, Monterey, CA 93940, USA|New Monterey
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Management

Cardinalli Realty & Property Management Company Inc. Corp DRE Lic# 01878046

Leasing office

(831) 375-0984

Floor plans

0BR/1.0BAStudio1 bath$1,975 /mo1 unit availableThis is a large studio apartment with a sleeping area separated with a large built in book shelf. Full kitchen, lots of closet space, ground level, corner unit. Carport with a storage closet. Three blocks to the aquarium and Cannery Row. Owner pays sewage. Sorry no pets. Monterey Peninsula is home to Cannery Row, Fisherman's Wharf and the Monterey Bay Aquarium. Popular destinations also include Big Sur, Pebble Beach and the City of Carmel Call us at 831-375-0984 Cardinalli Realty and Property Management co. Inc. Lic # 01878046 www cardinallirealty com

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Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

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Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

Building details

Property details

Units5
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About David Avenue (500)

HomeApartments in MontereyNew Monterey David Avenue (500)

This is a large studio apartment with a sleeping area separated with a large built in book shelf. Full kitchen, lots of closet space, ground level, corner unit. Carport with a storage closet. Three blocks to the aquarium and Cannery Row. Owner pays sewage. Sorry no pets. Monterey Peninsula is home to Cannery Row, Fisherman's Wharf and the Monterey Bay Aquarium. Popular destinations also include Big Sur, Pebble Beach and the City of Carmel Call us at 831-375-0984 Cardinalli Realty and Property Management co. Inc. Lic # 01878046 www cardinallirealty com


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 David Avenue (500) compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 1 mile away
Images Available
There are at least 10 photos of this address

Considerations

No laundry facilities available
This property doesn't offer on-site or in-unit washers and dryers

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Rent trends in New Monterey

studio apartments at David Avenue (500) cost about 8% more than the average rent price for studio apartments in New Monterey.

Median rents as of Jan 17 2026.
New Monterey
Monterey
A table of studio rental data trends in Monterey
MonthMedian 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
A table of studio rental data trends in New Monterey
MonthMedian Rent
June 2024$1,862
July 2024$1,806
August 2024$1,812

Affordability calculator

Can I afford to live at 500 David Ave?

Bedrooms

Studio

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

$79,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $79,000 annually to afford this studio monthly rent price of $1,975.
For more information on rent affordability, visit our rent calculator.

Schools near David Avenue (500)

Monte Vista

251 soledad dr

monterey, CA, 93940

K-8Public
B+
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Internet available near David Avenue (500)

Getting around Monterey near 500 David Ave

Walking

6/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

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

Cycling

6/10
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 500 David 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

6/10
Some cafés within walking distance

Restaurants

7/10
Variety of restaurants within walking distance

Primary schools

8/10
At least one elementary school within a 15-minute walk

High schools

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

Nightlife

4/10
Few or no bars within walking distance

Explore the area around 500 David Ave

Andronico's Community Markets
900 Lighthouse Ave
International Market & Deli
580 Lighthouse Ave
Grove Market Inc
242 Forest Ave
Compagno's Market & Deli
2000 Prescott Ave
Safeway
1212 Forest Ave

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