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Apartments for Rent in Monterey, CA
20 Rentals Available

4-16-city

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Average rent in Monterey, CA

$2,374/mo Monterey, CA average rental price, February 2023
Image Average Rent

The average monthly rent of apartments in Monterey, CA is $2,374.

Monterey, CA apartment rent ranges

Monterey, CA rent trends

Check out the average rent prices in Monterey by neighborhood.

Compared to the national average rent of $1,727, the average rent in Monterey, CA is $2,374.

Getting around in Monterey, CA

40 /100
Car-Dependent
36 /100
Some Transit
35 /100
Somewhat Bikeable
Walk Score®: 40, Transit Score®: 36, Bike Score®: 35

Frequently asked questions

When were prices and availability in Monterey, CA last updated?

Prices and availability in Monterey, CA were last updated on 22 Mar 2023.

What are the best apartments in Monterey, CA?

The best apartments in Monterey, CA are: Los Arboles Apartments, 250 McClellan Avenue - Monterey, 1000 Sixth Street - Monterey and 966 Hellam Street - Monterey.

What is the average rent in Monterey, CA?

The average rent in Monterey, CA is $2,374. Start your search for apartments in Monterey, CA now.

What is the price range for a 1-bedroom apartment in Monterey, CA?

The price range for a 1-bedroom apartment in Monterey, CA is between $1,995 and $2,200. Browse all available 1-bedroom apartments in Monterey, CA now.

What is the price range for a 2-bedroom apartment in Monterey, CA?

The price range for a 2-bedroom apartment in Monterey, CA is between $1,995 and $2,200. Browse and find a 2-bedroom apartment in Monterey, CA.

What type of rental buildings are in Monterey, CA?

In Monterey, 65% of the residents are renting compared to 35% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 9% of Monterey’s rentals, 68% are small-scale complexes with under 50 units, and 24% are single-family rentals.

What do typical apartment communities look like in Monterey, CA?

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city.  In this case, the apartment buildings in Monterey are about 51 years old, on average. Of these, none have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 2 stories. About all of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

What apartment floorplans are common in Monterey, CA?

Studio apartments in Monterey are around 6% of rentals, while 1-bedroom floor plans represent 51% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 42% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.

Living in Monterey, CA

Situated on California's Central Coast, Monterey is a small city on the southern edge of Monterey Bay in Monterey County. It's one of California's oldest and most historic cities, known today for its scenic ocean views, low poverty rates, good school system, and year-round pleasant weather. Like other neighboring areas, Monterey has a cool-summer Mediterranean climate under the Pacific Ocean's influence. Renters experience hot, dry summers and cold, wet winters with average temperatures of 40°F to 70°F, though the fog is a common appearance here. Rain and snow are minimal, allowing renters to explore the multiple beach, nature, and waterfront activities that make Monterey a popular tourist hub.

Renting in Monterey, CA

Monterey has a variety of house styles, from historic houses, renovated ranch-style homes, and single-family homes to duplexes, mobile homes, and apartment communities. Neighborhoods in the south are more sought after, so rent prices tend to be higher, while the northern region has more affordable houses and apartments for rent. Del Monte, New Monterey, Skyline Forest, and Spaghetti Hill are popular neighborhoods in Monterey. Spaghetti Hill is a student neighborhood where renters can find home shares, single-family cottages, and affordable apartments. California's rent control laws allow landlords to increase the rent by only 5% plus inflation, capped at 10%. Landlords may ask for a security deposit no higher than three months' rent, one month's prepaid rent, and charge a reasonable late rent fee. Landlords are required to give 30 days' written notice of the termination of the lease agreement.

Things for renting

Monterey, CA demographics

Monterey, CA has a population of 30,014 according to the most recent data from the U.S. Census Bureau. 15,277 of Monterey’s residents are women and 14,737 are men. The median age of those who live in Monterey, CA is 37.4.

Shopping in Monterey, CA

Monterey has several shopping opportunities for renters to explore. Monterey Del Monte Shopping Center, the largest mall in the Monterey Peninsula, is an open-air retail complex with brand-name shops such as H&M, Forever 21, Banana Republic, Claire's, GAP, and J. Jill. The local Cannery Row is a unique shopping hub with luxury hotels, restaurants, and local shops and boutiques located in the revitalized canning companies Monterey used to be known for. For grocery and home goods shopping renters usually head to chain stores like Target, Macy's, Costco, Marshalls, Kohl's, The Home Depot, Trader Joe's, Whole Foods, and Safeway. The Old Monterey Marketplace and Farmers Market has local produce, crafts, and food that renters can buy on specific days.

Monterey, CA households

  • 6,187 Family
    6,725 Non-family
  • 2,462 Children
    10,450 No Children
  • 12,912Total Number of Households
  • 2.14Average People Per Household
  • $85,365Median Household Income

According to U.S. Census data, there are 12,912 households in Monterey, CA. 6,187 are family households and 6,725 are non-family households. There are 2,462 households with children in Monterey and 10,450 households without children. On average, about 2.14 people live in a household in Monterey, CA.

Transportation in Monterey, CA

While several transportation options are available in the area, renters in Monterey will find a car the quickest and easiest way to get around, as commuting times are relatively short. California State Route 1 and 68 and U.S. Route 101 provide commuting renters access to neighboring cities, though these roads may become congested during peak tourist season. Public bus service is provided by Monterey-Salinas Transit, which also runs MST Trolley during summer to help renters avoid parking and traffic congestion. Carpooling is also popular, with renters using Uber and Lyft as the leading ridesharing providers. As a coastal tourist city, Monterey is pedestrian and bike-friendly, with several bike lanes, waterfront trails, and off-road tracks used by both local renters and visitors for recreation, sightseeing, and transportation. The small regional Monterey Regional Airport connects the city to the large metropolitan areas in California, Arizona, Colorado, and Nevada. International airports close to Monterey are Mineta San Jose International Airport, San Francisco International Airport, and Oakland International Airport. A shuttle service Monterey Airbus provides transport to and from these international airports.

Monterey, CA education statistics

The level of education of the population of Monterey, CA is as follows: 2% have no high school education, 17% completed some high school, 24% partially completed college, 9% have an Associate Degree, 27% have a Bachelor Degree, and 21% have a Graduate Degree.

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RentCafe is your one-stop shop for finding a great new apartment in Monterey, CA. Easily search through a wide selection of apartments for rent in Monterey, CA, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you’re interested in. Browse Monterey, CA apartments with rents starting from $625 and submit your rental application today!

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