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The average monthly rent in Old Town, Monterey is up 4.28% compared to last month but down 16.18% year-over-year.
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3d ago
2 beds
2 baths
$2,500
Apartment for rent
1d ago
2 beds
1 bath
$3,150
Apartment for rent
1d ago
2 beds
1 bath
$2,950
Apartment for rent
3d ago
675 Jefferson St, Monterey, CA 93940
Garage parking | On-site laundry | Balcony
2 beds
1 bath
$2,800
Apartment for rent
3d ago
3 beds
2 baths
$3,200
Price drop
Apartment for rent
5d+ ago
2 beds
1 bath
$3,375
Apartment for rent
On-Site Laundry
In-Unit Laundry
Dishwasher
Assigned Parking
5d+ ago
2 beds
1 bath
$2,600
Apartment for rent
5d+ ago
1 bed
1 bath
$2,250
Apartment for rent
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5d+ ago
2 beds
1 bath
$2,550
Apartment for rent
5d+ ago
Old Town apartment for rent in Monterey
In-unit laundry | Storage | High ceilings
1 bed
1 bath
$2,550
Apartment for rent
Available Oct 1
5d+ ago
New Monterey apartment for rent in Monterey
485 Spencer St #A, Monterey, CA 93940
In-unit laundry | Garage parking | Assigned parking
2 beds
1 bath
$3,000
Apartment for rent
Available Oct 8
5d+ ago
Old Monterey Business District apartment for rent in Monterey
1 bed
1 bath
$1,700
Apartment for rent
Available Oct 25
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
$5,300
House for rent
Available Oct 2
5d+ ago
2 beds
1 bath
$2,600
Price drop
Apartment for rent
3d ago
Studio
-1 baths
$975–$1,395
Apartment for rent
5d+ ago
New Monterey apartment for rent in Monterey
480 Hoffman Ave, Monterey, CA 93940
1 bed
1 bath
$3,025
Apartment for rent
These rentals are 10%-30% cheaper than the local average price for similar rentals.
3h ago
Verified
1–2 beds
1–2 baths
$2,500–$3,680
Apartment for rent
Available Oct 20
1d ago
House for rent in Pacific Grove
Garage parking | Dishwasher | Outdoor space
1 bed
1 bath
$2,700
House for rent
2d ago
Apartment for rent in Pacific Grove
In-unit laundry | On-site laundry | On-site management
2 beds
1 bath
$2,695
Apartment for rent
Available Nov 1
4d ago
Apartment for rent in Monterey
686 Ocean Ave, Monterey, CA 93940
2 beds
1 bath
$2,475
Apartment for rent
5d+ ago
House for rent in Pacific Grove
3 beds
2 baths
$4,995
House for rent
5d+ ago
House for rent in Pacific Grove
1207 Shafter Ave, Pacific Grove, CA 93950
In-unit laundry | On-site laundry | Hardwood floor
3 beds
2 baths
$4,950
House for rent
4d ago
House for rent in Pacific Grove
3 beds
1 bath
$3,950
$3,500
Price drop
House for rent
5d+ ago
House for rent in Pacific Grove
2 beds
1 bath
$3,550
House for rent
4d ago
Condo for rent in Pacific Grove
3 beds
3 baths
$3,880
Condo for rent
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Old Town, Monterey rent data for:
As of today, you'll find 10 apartments for rent in Monterey, with a median rent price of $2,887 per month. Monterey has seen a 16%—or $539—decrease in median rent price compared to the previous year.Average Rent
$2,887Year Over Year Change
-16%
$539
Rentals available, last 30 days
10
The average rent in Old Town, Monterey, CA, for rentals of all sizes and types, is $2,887, which is a 16.18% decrease year-over-year.
The monthly rent for 1-bedroom apartments in Old Town, Monterey, CA is about $2,295. The average rent for 2-bedroom apartments in Old Town, Monterey, CA is $2,950, and studios are about $1,895 per month.
See more Old Town, Monterey, CA rent data on our rent research page.
$1,000
28% lower than city median
N/A
251 soledad dr
monterey, CA, 93940
1 la mesa way
monterey, CA, 93940
Showing 1 - 5 of 5 results
Age Range
0-19
14%
20-34
29%
35-44
13%
45-64
24%
65+
17%
Language
English
69%
Spanish
4%
Indo Euro
16%
Asia Pac
8%
Other
1%
Education
No HS
6%
High School
13%
Bachelor's
45%
Master's
27%
Prof Degree
3%
Doctorate
4%
Household Income
0-25k
29%
25-50k
21%
50-75k
15%
75-100k
12%
100-150k
10%
150k+
10%
Old Town, Monterey has a walk score of 6/10, so when you need to run errands or leave the neighborhood, consider heading out on foot. With a public transportation score of 3/10, you’ll have few opportunities to commute via metro bus or train.
Scores for Monterey are calculated based on the proximity to and amount of infrastructure supporting each method of transportation.
Old Town, Monterey's rental market offers a good selection of listings, with an average of 16 rentals available each month. The majority of rentals are 2-bedroom apartments, followed closely by 1-bedroom and 3-bedroom units. Many apartments in Old Town offer convenient amenities, including in-unit laundry, dishwashers, and on-site laundry facilities, which are available in approximately 30-40% of rentals. This historic neighborhood's charm and amenities make it a desirable choice for renters in Monterey.
The Old Town, Monterey rental market experienced a 7.4% year-over-year increase, with the average monthly rent reaching $2,686. Breaking it down by bed count, 1-bedrooms average $2,161 per month, a 4.9% annual increase, while 2-bedrooms average $2,830, a 6.6% increase. Studios average $1,836, an 8% increase, and 3-bedrooms saw a significant 35.1% increase, averaging $5,026.
The market typically sees the highest rent in November, with a 23.8% increase compared to July, the month with the lowest rent. This suggests that renters may find better deals during the summer months. However, those looking for a new apartment in the fall can expect to encounter higher prices. It's worth noting that the significant increase in 3-bedroom rentals may indicate a shift in demand for larger units in the area. Overall, the Old Town, Monterey rental market is experiencing growth, with varying levels of competition throughout the year.
Old Town, Monterey stands out for its strong social scene and commitment to environmental sustainability. The neighborhood's emphasis on eco-friendly practices is evident in its use of non-toxic paint, rainwater harvesting, and community solar projects. Residents can also enjoy the nearby parks and recreation areas, made easily accessible by the neighborhood's high walk score and reliable transit system. This combination of sustainability and accessibility also contributes to Old Town's vibrant social life, with a variety of restaurants and a safe, walkable environment that fosters community connection. Overall, Old Town is an ideal choice for those seeking a neighborhood that prioritizes both people and the planet.
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.
The average rent for 1 bedroom apartments for rent in Old Town is $2195 per month. There are 2 1 bedroom apartments for rent in Old Town, CA.
The average rent for 2 bedroom apartments for rent in Old Town is $2900 per month. Currently, there are 7 2 bedroom apartments for rent in Old Town, CA.
The average rent for 3 bedroom apartments for rent in Old Town is $4323 per month. As of today, there is 1 3 bedroom apartment for rent in Old Town, CA.
The average rent price in Old Town, CA for a 2 bedroom apartment is $2900 per month. Old Town average rent price is above the average national apartment rent price which is $1750 per month for a 2 bedroom apartment. Aside from rent price, the cost of living in Old Town is also important to know. Cost of living includes but is not limited to: groceries, gas, utilities, water, and electric.
The average size of a 1 bedroom apartment rental in Old Town is 630 square feet. The average size of a 2 bedroom apartment rental in Old Town is 749 square feet. The average size of a 3 bedroom apartment rental in Old Town is 1128 square feet.
To help you better understand how much rent you can afford, check out Zumper's rent calculator. Our rent calculator can help you learn more about Old Town average rent prices.
2 bedroom apartments are the most common type of rentals in Old Town, Monterey, CA right now.
3 bedroom apartments are the least common type of rentals in Old Town, Monterey, CA right now.
🔑Available apartment rentals | 25 |
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💰Best rent deal | 140 W Franklin St |
✨Popular amenities | , , |
🧦In-unit laundry | |
🍽With dishwasher | |
🏠With photos |