Cheap Apartments for Rent in 93940
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Studio-2 Beds
1 BathMonterey Townhouse | 825 Casanova Ave #55,
Monterey, CA 93940
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Average Rent Trends in 93940
Rent in 93940 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Sep 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $2,800 |
| Jul 2025 | $2,750 |
| Aug 2025 | $2,850 |
| Sep 2025 | $2,900 |
| Oct 2025 | $2,695 |
| Nov 2025 | $2,595 |
| Dec 2025 | $2,900 |
| Jan 2026 | $2,850 |
| Feb 2026 | $2,771 |
| Mar 2026 | $2,800 |
| Apr 2026 | $2,795 |
| May 2026 | $2,850 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $2,200 | $3,095 | $4,595 | $4,899 | $2,900 |
| Townhomes | — | $3,500 | $5,000 | — | $3,795 |
| Apartments and Condos | $2,350 | $3,000 | $6,500 | — | $2,795 |
| Houses | $2,500 | $3,500 | $4,500 | $4,899 | $3,750 |
Frequently Asked Questions about Rentals in 93940
- What is the average rent in 93940?The average rent in 93940 is $2,900. Rent prices range from $1,500 to as much as $17,000, depending on the type of rental.
- How does the rent in 93940 compare to the national average?Average rent in 93940 is about 52% higher than the national average rent of $1,910. That means it is more expensive to rent in 93940 compared to the U.S. average.
- What is the average rent in 93940, by number of bedrooms?The average rent in 93940 is $2,258 for a studio, $2,200 for a 1 bedroom, $3,095 for a 2 bedroom, $4,595 for a 3 bedroom, and $4,899 for a 4 bedroom.
- How have rent prices in 93940 changed compared to last year?In the past year, the average rent price in 93940 has increased by $205. That means the average rent is 7% higher than last year.
- How many available rental listings are in 93940?There are 139 available rental listings in 93940.
- What are some cities near 93940?Some nearby cities include: Del Rey Oaks, Sand City, Seaside, Monterey, Pacific Grove, Del Monte Forest. These cities may have more rental options to explore.