486 Monroe St
486 Monroe St,
Monterey, CA 93940
$2,945 | 2 Beds
Old Town
Monterey, CA
Old Town - Monterey, CA
Area Guide
Charming antique homes at the heart of Monterey.
Walkable
•
Historic
•
Military
•
Monterey’s Old Town is a roughly triangular neighborhood bordered by Pacific Street on the east side and the Presidio of Monterey on the north side. This central location makes it a perfect place to live for anyone who works downtown or military personnel stationed at the Presidio. The historic homes and buildings represent a diverse range of architectural styles dating back across the past century.
Being so close to downtown and the waterfront, folks who live in Old Town enjoy direct access to Monterey’s most beloved attractions, with unique dining, entertainment, and nightlife easily within walking distance.
Rent Trends
As of April 2025, the average apartment rent in Old Town is $1,480 for one bedroom, $2,424 for two bedrooms, and $2,789 for three bedrooms. Apartment rent in Old Town has increased by 1.1% in the past year.
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1 BR
-
470 sq ft
Average Sq Ft
-
$1,480/month
Average Rent
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2 BR
-
824 sq ft
Average Sq Ft
-
$2,424/month
Average Rent
-
3 BR
-
698 sq ft
Average Sq Ft
-
$2,789/month
Average Rent
Transportation
88
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
42
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
66
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Points of Interest
Shopping Centers
Parks and Recreation
- Monterey State Historic Park
- Monterey Maritime Museum
- Monterey County Youth Museum
- Monterey Bay Aquarium
- Hopkins Marine Station
Military Bases
Airports
- Monterey Regional
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.