All Filters
Price
Beds

Select two tiles for min/max range

Baths
Home Type
Home Styles
Specialty Housing

Housing Type

Additional Specialties

Pet Policy
Move-In Date
Popular Amenities
Square Feet
to

Rating
Show Only
Keyword

Searching for student living options?

Select your school and find the perfect place nearby or on-campus.

All Universities
Pricing Type
Amenities
Clear
Nearby
Nearby

Cheap Apartments for Rent in Monterey CA - 224 Rentals

Monterey, CA Cheap Apartments for Rent

Whether you're on a budget or just looking to save, there are plenty of ways to find cheap apartments and affordable rent in Monterey. Start by defining your list of apartment “must-haves.” What features can you not live without? If you want to live within walking distance to your favorite downtown locations, you may find that apartment size and upscale amenities are not as important to you. On the other hand, if you value space, access to community amenities, or high-end appliances, you may be willing to move farther out from Monterey hot spots where you can afford more apartment for less.

How to Find a Cheap Apartment in Monterey, CA

Rent in the city center tends to be more expensive. Try looking for budget-friendly apartments in neighborhoods farther from downtown. These areas offer mid-range prices and can still be close enough to everything you need. Try looking for areas of Monterey that might have more available rental units than others. In places with higher vacancy rates, landlords may be more likely to offer cheaper rent to fill the space.

When Are Apartments in Monterey, CA Cheapest?

If you want to find cheap rent in Monterey, timing can make a big difference. Apartments are usually cheaper during the off-season, typically December through March. During this time, fewer people are looking to move, so landlords are often more willing to offer lower rent to fill empty units. Another good time to search is at the end of the month when leases are up, and landlords want to fill vacancies quickly.

Cheap apartments in Monterey tend to go fast. Keep an eye on timing, neighborhood options, and special deals to score the best rental price.

Monterey, CA Rental Insights

Average Rent Rates

What is the average rent in Monterey, CA?

The average rent in Monterey is $2,095. When you rent an apartment in Monterey, you can expect to pay as little as $1,692 or as much as $2,943, depending on the location and the size of the apartment.

What is the average rent of a Studio apartment in Monterey, CA?

The average rent for a studio apartment in Monterey, CA is $1,692 per month.

What is the average rent of a 1 bedroom apartment in Monterey, CA?

The average rent for a one bedroom apartment in Monterey, CA is $2,118 per month.

What is the average rent of a 2 bedroom apartment in Monterey, CA?

The average rent for a two bedroom apartment in Monterey, CA is $2,743 per month.

What is the average rent of a 3 bedroom apartment in Monterey, CA?

The average rent for a three bedroom apartment in Monterey, CA is $2,943 per month.

Transportation

How transit friendly is Monterey, CA?

Transit options in Monterey vary, but overall, it has a transit score of 34.

Education

What are the top Elementary schools in Monterey, CA?

In Monterey, you’ll find top-ranking elementary schools like La Mesa Elementary, Foothill Elementary, and Monte Vista.

What are the top middle schools in Monterey, CA?

Monterey is home to some top-ranking middle schools, including La Mesa Elementary, Monte Vista, and Walter Colton.

What is the top high school in Monterey, CA?

Moving is tough for high school students! Look for Monterey apartments near top-ranking high schools like Monterey High.

What colleges and universities are in Monterey, CA?

If you’re a student moving to an apartment in Monterey, you’ll have access to Naval Postgraduate School, Monterey Peninsula College, and Cal State Monterey Bay.

Helpful Rental Guides for Monterey, CA

Tips for Moving to a Big City from a Small Town
Tips for Moving to a Big City from a Small Town
How to Lower Your Utility Bills
How to Lower Your Utility Bills
Tips for First Time Renters
Tips for First Time Renters
11 Cheap and Easy Decorating Tips for the Kitchen
11 Cheap and Easy Decorating Tips for the Kitchen
Explore More on the Rentverse

Search Nearby Rentals

Apartment Rentals Near Monterey

Neighborhood Apartment Rentals

House Rentals Near Monterey

New Rental Listings

Map Options
Map View
Default
Satellite
Nearby Point of Interests
Travel Time
Travel Time

Set a destination, transportation method, and your ideal commute time to see results.

*Please enter your address or point of interest