Zumper
modified
2 Days Ago

Highlights

  • Closet space
  • Carport
  • Storage closet
  • Large built-in book shelf

Location

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

Management

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

Leasing office

(831) 375-0984

Property Overview

David Avenue (500) is a highly rated option with an overall expert score of 8.4/10, combining strong quality and trustworthiness with an excellent price–value balance. Its 9/10 scores for both price and location reflect convenient access to schools and a wide range of nearby restaurants, entertainment venues, and mixed-use spaces, supporting an active social life. Notable in-unit and on-site features like ample closet space, a storage closet, a large built-in bookshelf, and a carport contribute to its strong amenities rating and appealing living experience.

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

8.4
Very Good
With a solid 8.4 out of 10 overall, David Avenue (500) is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, David Avenue (500) 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

  • Middle school nearby

Great for

  • Social life

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.

Contact Property

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


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.
8.4
/10
Very Good
With a solid 8.4 out of 10 overall, David Avenue (500) is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, David Avenue (500) 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 David Avenue (500)
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.
David Avenue (500) 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·8A 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.
With multiple in-demand amenities, David Avenue (500) is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
David Avenue (500) 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·8A 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.
Anyone looking for quality at a great value will find David Avenue (500) to be an attractive option. Renters can also rely on this rental to provide them with accurate information they need to find the living experience they desire.
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.
David Avenue (500) 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.

David Avenue (500) is great for:

Social life

  • 127 restaurants within 1 mile of this property
  • 33 theaters, music venues, or sports arenas nearby
  • Diverse age groups live in this area
  • 224 mixed-use spaces nearby

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

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Rent trends in New Monterey

studio apartments at David Avenue (500) cost about 5% more than the average rent price for studio apartments in New Monterey.

Median rents as of Apr 18 2026.
New Monterey
Monterey
A table of studio rental data trends in Monterey
MonthMedian 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$1,411
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$1,894
April 2026$1,879

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+

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 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

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