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The average monthly rent in Monterey is flat compared to last month but up 6.44% year-over-year.
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All rentals
11m ago
Verified
1–2 beds
1–2 baths
$2,600–$3,680
Apartment for rent
Available Sep 18
3h ago
New Monterey apartment for rent in Monterey
In-unit laundry | On-site laundry | Hardwood floor
1 bed
1 bath
$1,495
Apartment for rent
Available Sep 5
7h ago
1 bed
1 bath
$2,095
Apartment for rent
10h ago
Studio–1 bed
1 bath
$1,875–$1,895
Apartment for rent
10h ago
Apartment for rent in Monterey
1 bed
1 bath
$2,995
Price drop
Apartment for rent
11h ago
1–2 beds
1 bath
$2,275–$2,675
Apartment for rent
1d ago
Apartment for rent in Monterey
Studio
1 bath
$1,975
Apartment for rent
1d ago
Old Town apartment for rent in Monterey
2 beds
1 bath
$2,850
Apartment for rent
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1d ago
Monterey Vista apartment for rent in Monterey
Studio
1 bath
$1,800
Apartment for rent
1d ago
Apartment for rent in Monterey
1 bed
1 bath
$2,000
Apartment for rent
On-Site Laundry
Dishwasher
In-Unit Laundry
Swimming Pool
1d ago
1 bed
1 bath
$2,250
Price drop
Apartment for rent
1d ago
1 bed
1 bath
$2,100
Apartment for rent
1d ago
2 beds
1 bath
$2,650
Price drop
Apartment for rent
1d ago
1 bed
1 bath
$2,100
Apartment for rent
1d ago
Monterey Vista condo for rent in Monterey
1 bed
1 bath
$2,300
Condo for rent
1d ago
Monterey Vista condo for rent in Monterey
1 bed
1 bath
$2,450
$2,250
Price drop
Condo for rent
Available Sep 19
1d ago
Casanova Oak Knoll apartment for rent in Monterey
820 Casanova Ave, Monterey, CA 93940
In-unit laundry | Air conditioning | On-site laundry
1 bed
1 bath
$1,600
Apartment for rent
2d ago
Apartment for rent in Monterey
1 bed
1 bath
$2,075
Apartment for rent
2d ago
Monterey Vista apartment for rent in Monterey
1 bed
1 bath
$2,000
Apartment for rent
2d ago
New Monterey apartment for rent in Monterey
1 bed
1 bath
$3,200
Apartment for rent
2d ago
Old Town apartment for rent in Monterey
In-unit laundry | Storage | On-site management
2 beds
1 bath
$3,100
$3,000
Price drop
Apartment for rent
Available Sep 10
2d ago
New Monterey house for rent in Monterey
2 beds
1 bath
$3,250
House for rent
2d ago
Old Town apartment for rent in Monterey
2 beds
1 bath
$2,550
Apartment for rent
2d ago
Townhouse for rent in Monterey
1360 Josselyn Canyon Rd, Monterey, CA 93940
In-unit laundry | On-site laundry | Balcony
3 beds
2 baths
$3,750
$3,600
Price drop
House for rent
Available Sep 15
4d ago
Studio
-1 baths
$975–$1,395
Apartment for rent
4d ago
Old Town apartment for rent in Monterey
675 Jefferson St, Monterey, CA 93940
Garage parking | On-site laundry | Balcony
2 beds
1 bath
$3,200
Apartment for rent
4d ago
Skyline Forest condo for rent in Monterey
2 beds
2 baths
$3,995
Condo for rent
Available Aug 1
5d+ ago
361 Spencer St, Monterey, CA 93940
Garage parking | On-site laundry | Balcony
2 beds
2 baths
$2,925
Apartment for rent
5d+ ago
Condo for rent in Monterey
In-unit laundry | Swimming pool | Fitness center
1 bed
1 bath
$2,500
Condo for rent
5d+ ago
Villa Del Monte house for rent in Monterey
In-unit laundry | High ceilings | Microwave
Studio
1 bath
$2,200
$2,100
Price drop
House for rent
5d+ ago
1 bed
1 bath
$2,150
Apartment for rent
5d+ ago
Monterey Vista apartment for rent in Monterey
1 bed
1 bath
$2,175
Apartment for rent
5d+ ago
2 beds
2 baths
$2,500
Apartment for rent
5d+ ago
2 beds
1 bath
$2,695
Apartment for rent
5d+ ago
3 beds
1 bath
$3,925
Price drop
Apartment for rent
5d+ ago
New Monterey house for rent in Monterey
837 Terry St, Monterey, CA 93940
In-unit laundry | Garage parking | Hardwood floor
4 beds
2 baths
$4,950
House for rent
Available Oct 3
5d+ ago
House for rent in Monterey
150 Tide Ave #NA, Monterey, CA 93940
In-unit laundry | Garage parking | Assigned parking
3 beds
2 baths
$11,000
House for rent
Available Sep 8
5d+ ago
Monterey Vista house for rent in Monterey
1 El Caminito, Monterey, CA 93940
In-unit laundry | Garage parking | On-site laundry
3 beds
2 baths
$5,600
$5,300
Price drop
House for rent
Available Aug 22
5d+ ago
House for rent in Monterey
1104 4th St #NA, Monterey, CA 93940
In-unit laundry | Assigned parking | Hardwood floor
2 beds
1 bath
$4,450
House for rent
Available Sep 20
5d+ ago
Apartment for rent in Monterey
In-unit laundry | Hardwood floor | On-site management
2 beds
1 bath
$2,495
$2,195
Price drop
Apartment for rent
Available Aug 24
5d+ ago
Condo for rent in Monterey
2 beds
2 baths
$3,595
Condo for rent
5d+ ago
Monterey Vista apartment for rent in Monterey
1 bed
1 bath
$2,295
Apartment for rent
5d+ ago
House for rent in Monterey
3 beds
3 baths
$7,400
$6,800
Price drop
House for rent
5d+ ago
Villa Del Monte house for rent in Monterey
3 beds
2 baths
$4,300
House for rent
Available Sep 19
5d+ ago
New Monterey apartment for rent in Monterey
2 beds
2 baths
$3,500
Apartment for rent
5d+ ago
Casanova Oak Knoll apartment for rent in Monterey
2 beds
1 bath
$3,250
Apartment for rent
5d+ ago
House for rent in Monterey
4 beds
3 baths
$6,500
House for rent
5d+ ago
Condo for rent in Monterey
300 Glenwood Cir #160, Monterey, CA 93940
In-unit laundry | On-site laundry | Assigned parking
2 beds
1 bath
$3,695
Condo for rent
Available Jun 25
5d+ ago
Apartment for rent in Monterey
1129 1st St #8, Monterey, CA 93940
In-unit laundry | Air conditioning | On-site laundry
2 beds
1 bath
$2,295
Apartment for rent
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Monterey, a gorgeous city located on the central coastline of California, was founded more than two centuries ago. It existed before the formation of the United States, serving as the capital of Alta, California, under Mexico and Spain between 1804 and 1846. During this time, the city hosted the first public building, library, printing press, and theater in what is now known as the state of California.
Many famous artists and writers have called this city home over the years, as its surroundings attract those who want to represent its beauty in their artistic works. A few well-known residents include Bruce Ariss, Doris Day, Clint Eastwood, and John Steinbeck. One of its most popular attractions is the Monterey Bay Aquarium, which focuses its exhibits on the marine habitats in the nearby Monterey Bay. This location was the first to care for and display a great white shark.
Visitors and locals enjoy visiting the Monterey Museum of Art and Fisherman's Wharf. Both of these attractions draw crowds daily. Various arts and crafts festivals take place each year on the wharf. Another annual event is the Monterey Jazz Festival, which brings thousands of jazz musicians and fans to the city.
Although the city has been around for centuries, it has a population of just over 28,000 residents. Its economy relies heavily on tourism. Some of the top employers in Monterey include the Community Hospital of the Monterey Peninsula, Dole Fresh Vegetables, and the Defense Language Institute. Several sports teams play in the city, including the Monterey Amberjacks, a professional baseball team, and the Monterey Bay FC, a professional expansion soccer team.
Check out this unique city to experience a coastal, laid-back atmosphere.
Monterey rent data for:
As of today, you'll find 51 apartments for rent in Monterey, with a median rent price of $2,550 per month. Monterey has seen a 6%—or $174—increase in median rent price compared to the previous year.Average Rent
$2,550Year Over Year Change
6%
$174
Rentals available, last 30 days
51
The average rent in Monterey, CA, for rentals of all sizes and types, is $2,550, which is a 6.44% increase year-over-year.
The monthly rent for 1-bedroom apartments in Monterey, CA is about $2,125. The average rent for 2-bedroom apartments in Monterey, CA is $2,850, and studios are about $1,750 per month.
See more Monterey, CA rent data on our rent research page.
About Niche: Niche compiles and analyzes the latest data from public sources like the US Census Bureau and the Department of Education to generate rankings for schools and neighborhoods across the US.
Disclaimer: School ratings from Niche are intended for informational purposes only. Check with the nearby schools to verify eligibility and zoning criteria before using this data to decide on your next home.
1 la mesa way
monterey, CA, 93940
251 soledad dr
monterey, CA, 93940
Showing 1 - 2 of 2 results
Age Range
0-19
18%
20-34
29%
35-44
11%
45-64
22%
65+
19%
Language
English
78%
Spanish
10%
Indo Euro
6%
Asia Pac
3%
Other
1%
Education
No HS
5%
High School
30%
Bachelor's
39%
Master's
17%
Prof Degree
3%
Doctorate
3%
Household Income
0-25k
11%
25-50k
18%
50-75k
17%
75-100k
12%
100-150k
18%
150k+
22%
Monterey locals spend about 19 minutes commuting, and most drive to get to work. The best way to fly in or out of Monterey is through Norman Y. Mineta San Jose International Airport, 52.82 miles away.
Scores for Monterey are calculated based on the proximity to and amount of infrastructure supporting each method of transportation.
Monterey, CA, is praised for its stunning coastal views and access to outdoor activities, with residents enjoying opportunities for hiking and enjoying the beaches. The aquarium is a local favorite, and many appreciate the variety of dining options and a relaxed pace of life. However, some residents express concerns about the cost of living and limited rental availability, making it challenging for newcomers to find housing. Parking can also be a hassle in busy areas, which is something locals frequently mention. Overall, the scenic beauty and recreational offerings stand out in daily life here.
The average rent for a 1-bedroom apartment in Monterey, CA is approximately $2,101, while a 2-bedroom apartment averages around $3,048.
In 2024, the Monterey rental market experienced a slight overall decline of 1.7% in average rent; however, 1-bedroom rents saw a modest increase of 1.2%, and 2-bedroom rents increased by 6.3%.
The best time to look for an apartment in Monterey, CA is during the off-season, particularly in October, when competition is lower and prices tend to be more favorable, despite fewer options available compared to the peak season in March and April.
Some of the best neighborhoods to rent an apartment in Monterey include Old Monterey Business District, Casanova Oak Knoll, Old Town, and New Monterey, which are known for their high walk scores, frequent transit options, and vibrant lifestyle.
Villa Del Monte is a great option for budget-conscious renters, offering 1-bedroom rents at $2,112.5 per month, which is about 3% lower than the city median.
Yes, there are pet-friendly apartments in Monterey, with 29.55% of listings being pet-friendly.
Utilities are included in 22% of rental listings in Monterey, CA.
Zumper’s proprietary rental data fuels our analysis. Rent and market trends, availability, neighborhood popularity, and lifestyle scores are all calculated using real-time and 2024 rental inventory and prices.
Our Lifestyle Categories ("great for eco-living," "great for social life," "great for pet owners," etc.) are determined by set criteria, against which we score each listing and its available features. At the neighborhood level, we calculate the listing count for each category to determine which lifestyles best fit each area.
Zumper, founded in 2012, is North America’s largest privately-owned rental platform, offering over 1 million listings across the U.S. and Canada. Stay informed on the latest trends and shifts in the rental market with our monthly National Rent Report, your go-to resource for key insights into the evolving rental landscape.
🔑Available apartment rentals | 68 |
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💰Best rent deal | 140 W Franklin St |
✨Popular amenities | , , |
🧦In-unit laundry | |
🍽With dishwasher | |
🏠With photos |