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The average monthly rent in Old Town, Monterey is up 1.59% compared to last month and up 4.25% year-over-year.
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11h ago
2 beds
1 bath
$3,375
Apartment for rent
16h ago
Old Town apartment for rent in Monterey
2 beds
1 bath
$3,200
Apartment for rent
2d ago
2 beds
1 bath
$2,850–$3,350
Apartment for rent
2d ago
1 bed
1 bath
$2,275
Apartment for rent
5d+ ago
2 beds
1 bath
$2,395
Apartment for rent
5d+ ago
Old Town apartment for rent in Monterey
263 Monroe Street #263, Monterey, CA 93940
1 bed
1 bath
$1,750
Apartment for rent
Available Nov 14
Outdoor Space
Storage
On-Site Laundry
Dishwasher
5h ago
Verified
4 beds
2 baths
$6,000
Apartment for rent
5d+ ago
New Monterey apartment for rent in Monterey
In-unit laundry | Garage parking | On-site laundry
2 beds
1 bath
$2,350
Apartment for rent
Available Dec 9
Be the first to hear about new listings matching your search.
5d+ ago
New Monterey house for rent in Monterey
3 beds
2 baths
$4,500
$4,350
Price drop
House for rent
Available Dec 1
5d+ ago
Skyline Forest house for rent in Monterey
1 Overlook Pl, Monterey, CA 93940
Furnished | Garage parking | On-site laundry
3 beds
3 baths
$9,500
House for rent
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
$4,999
House for rent
Available Dec 11
5d+ ago
New Monterey house for rent in Monterey
4 beds
2 baths
$4,100
House for rent
Available Jan 1
14h ago
2 beds
2 baths
$3,150
Apartment for rent
5d+ ago
2 beds
1 bath
$3,695–$3,750
Apartment for rent
8h ago
131 Lighthouse Avenue, Monterey, CA 93940
On-site laundry | Elevator | Storage
2 beds
1 bath
$2,750
Apartment for rent
These rentals are 10%-30% cheaper than the local average price for similar rentals.
5d+ ago
Studio
1 bath
$1,995
Apartment for rent
5d+ ago
1 bed
1 bath
$1,950
Apartment for rent
5d+ ago
Studio–1 bed
1 bath
$1,995–$2,300
Apartment for rent
2d ago
2 beds
1 bath
$2,650
Apartment for rent
5d+ ago
2 beds
1 bath
$2,775
Apartment for rent
5d+ ago
1 bed
1 bath
$2,650
Apartment for rent
4d ago
Studio
-1 baths
$975–$1,395
Apartment for rent
1d ago
Verified
1–2 beds
1–2 baths
$2,400–$3,600
Price drop
Apartment for rent
Available Nov 25
21h ago
House for rent in Pacific Grove
In-unit laundry | Storage | Outdoor space
2 beds
1 bath
$3,200
House for rent
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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 size of a 1 bedroom apartment rental in Old Town is 413 square feet. The average size of a 2 bedroom apartment rental in Old Town is 270 square feet. The average size of a 3 bedroom apartment rental in Old Town is 1500 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 |
|---|---|
| 💰Best rent deal | 140 W Franklin St |
| ✨Popular amenities | , , |
| 🍽With dishwasher | |
| 🏠With photos |