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The average monthly rent in Old Town, Monterey is down 7.14% compared to last month and down 6.81% year-over-year.
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2d ago
675 Jefferson St, Monterey, CA 93940
Garage parking | On-site laundry | Balcony
2 beds
1 bath
$3,100
Apartment for rent
2d ago
3 beds
2 baths
$3,700
Apartment for rent
3d ago
2 beds
2 baths
$2,500
Apartment for rent
5d+ ago
1 bed
1 bath
$2,250
Price drop
Apartment for rent
5d+ 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
5d+ ago
2 beds
1 bath
$2,550
Apartment for rent
Outdoor Space
Balcony
Dishwasher
On-Site Laundry
5d+ ago
New Monterey apartment for rent in Monterey
2 beds
2 baths
$3,500
Apartment for rent
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
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5d+ ago
1 bed
1 bath
$2,100
Apartment for rent
2d ago
1 bed
1 bath
$2,175
Apartment for rent
5d+ ago
2 beds
1 bath
$2,650
Price drop
Apartment for rent
13h ago
Monterey Vista apartment for rent in Monterey
2 beds
1 bath
$2,850
Apartment for rent
2d ago
361 Spencer St, Monterey, CA 93940
Garage parking | On-site laundry | Balcony
2 beds
2 baths
$2,925
Apartment for rent
2d ago
Studio
-1 baths
$975–$1,395
Apartment for rent
4d 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
These rentals are 10%-30% cheaper than the local average price for similar rentals.
3d ago
Verified
1–2 beds
1–2 baths
$2,400–$3,680
Price drop
Apartment for rent
Available Sep 22
5d+ ago
Monterey Vista condo for rent in Monterey
1 bed
1 bath
$2,300
Condo for rent
2d ago
House for rent in Pacific Grove
554 Gibson Ave, Pacific Grove, CA 93950
In-unit laundry | Garage parking | On-site laundry
2 beds
1 bath
$3,100
$2,900
Price drop
House for rent
5d+ ago
Apartment for rent in Pacific Grove
In-unit laundry | On-site laundry | Storage
2 beds
1 bath
$3,100
Apartment for rent
Available Sep 9
5d+ ago
House for rent in Pacific Grove
3 beds
2 baths
$5,200
House for rent
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
Monterey Vista apartment for rent in Monterey
1 bed
1 bath
$2,295
Apartment for rent
5d+ ago
House for rent in Pacific Grove
3 beds
2 baths
$4,995
House for rent
Available Sep 10
5d+ ago
Apartment for rent in Pacific Grove
2925 David Ave, Pacific Grove, CA 93950
In-unit laundry
2 beds
1 bath
$2,750
Apartment for rent
5d+ ago
House for rent in Pacific Grove
3 beds
2 baths
$6,750
$5,750
Price drop
House for rent
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Old Town, Monterey rent data for:
As of today, you'll find 18 apartments for rent in Monterey, with a median rent price of $2,850 per month. Monterey has seen a 7%—or $214—decrease in median rent price compared to the previous year.Average Rent
$2,850Year Over Year Change
-7%
$214
Rentals available, last 30 days
18
The average rent in Old Town, Monterey, CA, for rentals of all sizes and types, is $2,850, which is a 6.81% decrease year-over-year.
The monthly rent for 1-bedroom apartments in Old Town, Monterey, CA is about $2,325. The average rent for 2-bedroom apartments in Old Town, Monterey, CA is $2,997, and studios are about $1,895 per month.
See more Old Town, Monterey, CA rent data on our rent research page.
$1,700
Equal to the city median
$1,000
41% lower than city median
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%
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 is 1 1 bedroom apartment for rent in Old Town, CA.
The average rent for 2 bedroom apartments for rent in Old Town is $2850 per month. Currently, there are 5 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.
The average rent price in Old Town, CA for a 2 bedroom apartment is $2850 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 563 square feet. The average size of a 2 bedroom apartment rental in Old Town is 788 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.
1 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 | , , |
🍽With dishwasher | |
🏠With photos |