Monthly rent

$2,950

Beds

Baths

Sqft

900

Monthly rent	$2,950
Beds	2
Baths	2
Sqft	900

5+ Days Ago

Location

551 Watson St, Monterey, CA 93940, USA|Old Town

Tour 551 Watson St

Contact

TOTAL PROPERTY MANAGEMENT

(408) 355-1519

About 551 Watson St

551 Watson St cost $2,950 per month. Located at 551 Watson St, Monterey, CA 93940, USA, this unit has 2 bedrooms and 2 bathrooms. Based on the average rent price of 2 bedrooms in Monterey, renting this apartment is 2% cheaper per month.Other available apartments to lease near Monterey around the same price include but are not limited to: 9500 Center St #48

Neighborhood

Old Town

Zip code

93940

Type

Apartment for rent

Rent trends in Old Town

2-bedroom apartments at 551 Watson St cost about 2% less than the average rent price for 2-bedroom apartments in Old Town.

Median rents as of Jan 17 2026.

Old Town

Monterey

A table of 2-bedroom apartment rental data trends in Monterey
Month	Median Rent
February 2024	$2,605
March 2024	$2,873
April 2024	$2,936
May 2024	$2,957
June 2024	$2,733
July 2024	$2,725
August 2024	$2,782
September 2024	$2,759
October 2024	$2,792
November 2024	$2,943
December 2024	$2,949
January 2025	$2,759
February 2025	$2,881
March 2025	$3,040
April 2025	$3,091
May 2025	$2,926
June 2025	$2,837
July 2025	$2,850
August 2025	$2,821
September 2025	$2,876
October 2025	$2,953
November 2025	$2,883
December 2025	$2,837
January 2026	$2,981

A table of 2-bedroom apartment rental data trends in Old Town
Month	Median Rent
February 2024	$2,687
March 2024	$3,058
April 2024	$2,570
May 2024	$2,495
June 2024	$2,960
July 2024	$2,653
August 2024	$2,752
September 2024	$2,936
October 2024	$2,955
November 2024	$3,003
December 2024	$3,021
January 2025	$3,020
February 2025	$3,057
March 2025	$3,035
April 2025	$3,026
May 2025	$2,964
June 2025	$2,821
July 2025	$2,996
August 2025	$2,906
September 2025	$2,844
October 2025	$2,914
November 2025	$2,762
December 2025	$3,275
January 2026	$3,241

Affordability calculator

Can I afford to live at 551 Watson St?

Bedrooms

2 bedrooms

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

$118,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $118,000 annually to afford this 2-bedrooms monthly rent price of $2,950.

For more information on rent affordability, visit our rent calculator.

Getting around Monterey near 551 Watson St

Walking

6/10

Grab your reusable bags–many shops and stores are within walking distance.

Driving

7/10

This area is close to freeways and has adequate parking options.

Cycling

5/10

More spots are within biking distance and some roads are cyclist-friendly.

Transit

3/10

There are a few mass transit options within the area.

Points of interest for 551 Watson St, Monterey

Groceries

8/10

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

6/10

Variety of restaurants within walking distance

Primary schools

7/10

At least one elementary school within a 20-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

551 Watson St551 Watson St, Monterey, CA 93940, USA

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Points of interest for 551 Watson St, Monterey

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Homes in Old Town

551 Watson St
551 Watson St, Monterey, CA 93940, USA