Apartments for Rent in Monterey, Jacksonville, FL

Monterey, Jacksonville apartment availability

Monterey's rental market offers a good selection of listings, with approximately 31 rentals available each month. The majority of these rentals are 1-bedroom and 2-bedroom apartments, making up about 87% of the neighborhood's listings. Notably, about 57% of Monterey apartments allow pets, including small dogs, making this a great option for pet owners. With a range of options available, renters can find a suitable fit in this Jacksonville neighborhood.

Monterey, Jacksonville rental market trends

The Monterey neighborhood in Jacksonville saw a decline in average rent prices by about 5% last year, with the average monthly rent for all bed counts and property types coming in at around $996. 1-bedrooms averaged $899 per month, reflecting a modest annual increase of 3%. The average rent for a 2-bedroom was about $1,081, while 3-bedrooms averaged $1,569.

Rent prices in Monterey tend to fluctuate throughout the year, with October typically seeing the highest rent prices - a 22% increase compared to May, the month with the lowest rent prices. This suggests that those looking for a new apartment may find better deals in the spring, while those looking to rent out a property may be able to command higher prices in the fall. Notably, studios are no longer available in the area, marking a significant shift in the local rental market.

Why Monterey, Jacksonville is a great place to live

Monterey stands out as a top choice for renters prioritizing environmental sustainability and social living. The neighborhood's focus on eco-friendly features, such as the use of non-toxic paint, rainwater harvesting, and sustainable materials in construction, make it an attractive option for those seeking a green lifestyle. Additionally, Monterey's excellent walk score, transit frequency, and safety features contribute to its high social life score, making it easy for residents to get around and connect with others. With its strong sense of community and commitment to sustainability, Monterey is an ideal neighborhood for renters seeking a like-minded community.