Luxury Apartments for Rent in 93940
110 rentals
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Use arrow keys to navigateSPECIAL OFFERSENIOR HOUSINGPET FRIENDLY$5,395 - $6,045/mo
1-2 Beds
1 BathCoastal Senior Residences at The Park Lane | 100 Glenwood Cir #6198365,
Monterey, CA 93940
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NEW - 2 DAYS AGO$2,650 - $3,500/mo1 Bed1 BathCortes Street (680) - The Historical GT Marsh Building | 680 Cortes St #C,
Monterey, CA 93940
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NEW - 1 DAY AGOPET FRIENDLY
PET FRIENDLY$3,295 - $3,395/mo2 Beds2 BathsCasanova at Monterey Bay | 740 Casanova Ave #730-1,
Monterey, CA 93940
SPECIAL OFFERPET FRIENDLYTotal price$2,402 - $3,291/mo1-2 Beds1 BathMonterey Townhouse | 825 Casanova Ave #86,
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 Jul 2026 compared to the previous month. Rent previously peaked in Sep 2025.
| Month | Average rent |
|---|---|
| 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 |
| Jun 2026 | $2,850 |
| Jul 2026 | $2,950 |
Average Rent By Bedroom and Home Type
In July 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $2,295 | $3,150 | $4,695 | $5,500 | $2,850 |
| Townhomes | — | $3,500 | $4,200 | — | $3,500 |
| Apartments and Condos | $2,350 | $3,185 | $3,500 | $1,200 | $2,600 |
| Houses | $3,000 | $4,250 | $4,950 | $6,800 | $4,500 |
Frequently Asked Questions about Rentals in 93940
- What is the average rent of an apartment in 93940?The average rent of an apartment in 93940 is $2,603 per month. This is about 33% higher than the national average.
- When is the average rent cheapest in 93940?In the last year, the average rent in 93940 was lowest in Mar 2025 when it was $2,500 per month.
- When is the average rent most expensive in 93940?In the last year, the average rent in 93940 was highest in Sep 2025 when it was $2,900 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 93940?The average rent of a 1 bedroom apartment in 93940 is $2,295 per month. That is about $195 more than the cost of a studio apartment.
- How many available rental listings are in 93940?There are 113 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.
View this page in Spanish: Apartamentos de lujo en renta en 93940 - 126 Rentas | Trulia