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Updated 5+ Days Ago
Highlights
- Private balcony
- Washer and dryer hookups
- Coastal living
- Detached garage
Location
556 Laine St #556, Monterey, CA 93940, USA|New Monterey
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Property Overview
Combining strong value for money with coastal living, a private balcony, washer and dryer hookups, and a detached garage, the home offers both comfort and practicality. Nearby amenities include a highly rated elementary school just under a quarter mile away, plus 154 restaurants and 33 theaters, music venues, or sports arenas within a mile. Community gathering spaces and a mix of age groups in the area further support an active social lifestyle.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive- Elementary school nearby
Great for
Social life
Amenities for 556 Laine St #556, New Monterey
Apartment Amenities
| Balcony | Washer/Dryer Hookups |
Appliances
| Range | Refrigerator |
Building
| Heat Gas | Roof Deck |
Grounds
| Garage Parking |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
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About 556 Laine St #556
Don't miss out apply today at www paramountpropertiesmry com Open House: Friday April 24th, 2026 @ 2:30pm! Contact our office to schedule you in! Charming 2 bedroom 1 bath duplex unit offering approximately 707 sq ft of coastal living in a prime Monterey location. Enjoy being within walking distance of Cannery Row, Downtown Monterey, and the beach just minutes from restaurants, shopping, and entertainment. Features: • Monterey Bay views • Detached garage • Washer and dryer hookups • Private balcony • Approximately 707 sq ft Rental Terms: • Rent: $2,395 per month • Deposit: Based on application approval (due upon approval) • Lease: 1 year lease • Estimated move in date: May 15, 2026 • Utilities: Tenant pays all utilities except sewer • Pet policy: No pets allowed Requirements: • Must attend open house to be considered • $40 non refundable application fee per adult (credit check and processing) • Renter's insurance required prior to move in (Paramount Properties listed as additional insured) Apply: Apply online at www paramountpropertiesmry com Paramount Properties 888 Munras Avenue Suite 200 Monterey CA 93940 Office (831) 372-6050 Fax (831) 372-0468 DRE License: 01220386
556 Laine St #556 is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 556 Laine St #556 compares to other nearby properties.
Positives
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
- Elementary school nearby
- There is an elementary school 0.2 mile away
Address details
| Neighborhood | New Monterey |
|---|---|
| Zip code | 93940 |
| Type | Apartment for rent |
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Available rentals nearby
Rent trends in New Monterey
2-bedroom apartments at 556 Laine St #556 cost about 15% less than the average rent price for 2-bedroom apartments in Monterey.
Median rents as of Aug 15 2026.
New Monterey
Monterey
| Month | Median Rent |
|---|---|
| August 2024 | $2,738 |
| 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 | $2,970 |
| February 2026 | $2,928 |
| March 2026 | $2,972 |
| April 2026 | $2,956 |
| May 2026 | $3,147 |
| June 2026 | $3,068 |
| July 2026 | $2,999 |
| August 2026 | $2,887 |
| Month | Median Rent |
|---|---|
| October 2024 | $2,630 |
| November 2024 | $2,765 |
| December 2024 | $2,725 |
| January 2025 | $2,478 |
| February 2025 | $2,454 |
| April 2025 | $2,854 |
| May 2025 | $2,767 |
| June 2025 | $2,962 |
| July 2025 | $2,854 |
| August 2025 | $2,791 |
| September 2025 | $2,808 |
| October 2025 | $2,905 |
| November 2025 | $2,930 |
| December 2025 | $2,884 |
| January 2026 | $2,903 |
| February 2026 | $2,802 |
| March 2026 | $2,798 |
| April 2026 | $2,771 |
| May 2026 | $2,849 |
| June 2026 | $2,816 |
| July 2026 | $2,948 |
| August 2026 | $2,825 |
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 5 years ago | $1,995 |
Schools near 556 Laine St #556
Monte Vista
251 soledad dr
monterey, CA, 93940
K-8Public
B+
Child Development Program Naval Support Detachment Monterey
2 la mesa way bldg 439
monterey, CA, 93940
PKPublic
Dual Language Academy of the Monterey Peninsula
225 normandy rd
seaside, CA, 93955
K-8Public
B-
Graves Elementary School
15 mcfadden rd
salinas, CA, 93908
K-8Public
Salinas City Virtual Academy
1210 tyler st
salinas, CA, 93906
K-6Public
C-
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Internet available near 556 Laine St #556
Neighborhood
New Monterey | Monterey, CA
Getting around Monterey near 556 Laine St #556
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
5/10
This area is accessible to thoroughfares and has ample parking options.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 556 Laine St #556, Monterey
Groceries
9/10
At least one grocery store within a few minutes' walk
Shopping
6/10
Variety of shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
7/10
Variety of restaurants within walking distance
Primary schools
4/10
No elementary schools within a 30-minute walk
High schools
2/10
No high schools within a 30-minute walk
Nightlife
4/10
Few or no bars within walking distance
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