Cheap Apartments for Rent in Monterey, CA
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Studio-2 Beds
1 BathMonterey Townhouse | Casanova Ave,
Monterey, CA 93940
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NEW - 2 DAYS AGO
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$2,650 - $3,500/mo1 Bed1 BathCortes Street (680) - The Historical GT Marsh Building | Cortes St,
Monterey, CA 93940
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Average Rent Trends in Monterey, CA
Rent in Monterey, CA 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 Dec 2025.
| Month | Average rent |
|---|---|
| Aug 2025 | $2,795 |
| Sep 2025 | $2,800 |
| Oct 2025 | $2,650 |
| Nov 2025 | $2,550 |
| Dec 2025 | $2,900 |
| Jan 2026 | $2,814 |
| Feb 2026 | $2,750 |
| Mar 2026 | $2,800 |
| Apr 2026 | $2,795 |
| May 2026 | $2,800 |
| Jun 2026 | $2,850 |
| Jul 2026 | $3,000 |
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 | $2,275 | $3,150 | $4,695 | $5,500 | $2,881 |
| Townhomes | — | $3,500 | $4,200 | — | $3,500 |
| Apartments and Condos | $2,350 | $3,185 | $3,500 | $1,187 | $2,650 |
| Houses | $3,750 | $4,250 | $4,950 | $5,500 | $4,500 |
Frequently Asked Questions about Rentals in Monterey, CA
- What is the average rent of an apartment in Monterey, CA?The average rent of an apartment in Monterey, CA is $2,619 per month. This is about 34% higher than the national average.
- When is the average rent cheapest in Monterey, CA?In the last year, the average rent in Monterey, CA was lowest in Mar 2025 when it was $2,500 per month.
- When is the average rent most expensive in Monterey, CA?In the last year, the average rent in Monterey, CA was highest in Dec 2025 when it was $2,900 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Monterey, CA?The average rent of a 1 bedroom apartment in Monterey, CA is $2,275 per month. That is about $175 more than the cost of a studio apartment.
- How many available rental listings are in Monterey, CA?There are 111 available rental listings in Monterey, CA.
- What are some neighborhoods in Monterey, CA?Some neighborhoods in Monterey, CA include: New Monterey, Monterey Vista, Old Town, Villa Del Monte, Deer Flats.
- What are some zip codes in Monterey, CA?
- What are some cities near Monterey, CA?Some nearby cities include: Carmel-by-the-Sea, Del Rey Oaks, Sand City, Del Monte Forest, Seaside. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en Monterey, CA - 135 Rentas | Trulia