551 Watson St, Monterey, CA 93940
Property image
Property image
OFF MARKET
  • 2 Beds
  • 2 Baths
  • 900 sqft
  • 2 Beds
  • 2 Baths
  • 900 sqft

551 Watson St, Monterey, CA 93940

Old Town

Home Highlights

Property Type
Apartment
Living Area
900 sqft

Local Information

  • Map ViewExplore the area around 551 Watson St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Well located blocks from downtown!
Upstairs 2-bedroom, 2-bathroom unit with 900 sq. ft., The apartment offers views of the Monterey Bay and the city skyline right from your private terrace.
The newly painted unit features a functional floorplan with a combined living room and dining room.
Includes wood floors and wall-to-wall carpeting. The kitchen is fully equipped with modern appliances including an oven / range, refrigerator, dishwasher and disposal.
One covered parking space included with walk-in storage closet.
Complex has Laundry Room with coin operated machines.
Water and Garbage are included in rent.
All other utilities are at the tenant's cost.
This unit is ready for immediate move-in upon credit & income approval.

For more information & Showing

Rent: $3,150.00
Security Deposit: $3,150.00
Available: NOW
Term: 1 year lease
No Pets
No Smoking
551 Watson St, Monterey, CA 93940 is a 2 bedroom, 2 bathroom, 900 sqft apartment in Old Town. More recently, it was listed as a rental in May 2026 with an asking price of $3,250 per month. That rental listing was removed on June 12, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $3,292/month.

Home Details for 551 Watson St

Property Information

Property Type / Style
Property Type: Apartment

Rental Terms, Policies & Fees

Lease Term: Contact For DetailsAvailable: now

Comparable Sales for 551 Watson St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
3 Country Club Gate, Pacific Grove, CA
1.72
Apartment
$795,000
07/01/26
2
2
1,400 sqft
1 Surf Way #216, Monterey, CA
1.91
Apartment
$1,040,555
07/23/26
1
1
728 sqft
206 Cypress Ave #B, Pacific Grove, CA
2.02
Apartment
$1,500,000
03/17/26
3
1
1,400 sqft
2835 Sloat Rd, Pebble Beach, CA
2.29
Apartment
$2,700,000
07/20/26
4
3
2,634 sqft
1790 Eucalyptus Ave, Seaside, CA
4.45
Apartment
$710,000
10/15/25
3
2
1,321 sqft
145 8th St, Marina, CA
6.67
Apartment
$1,182,500
10/10/25
2
2.5
2,247 sqft
123 10th St, Marina, CA
6.97
Apartment
$1,333,000
06/09/26
3
3
2,740 sqft
3070 Sunset Ave #7, Marina, CA
7.95
Apartment
$567,000
08/10/26
3
2
1,252 sqft
Home facts updated by county records

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Rental Market Trends in Monterey

Last updated Sep 2026
Trulia Rent Estimate$3,292/mo
Average rent
$3.05K
$175MoM
Available listings
117
View rental market trends in Monterey, CA

Around this home

Neighborhood Overview

Old Town
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Old Town

At least 20 Trulia users voted on each feature.

  • 87 % Say it's dog friendly

  • 86 % Say car is needed

  • 86 % Say people would walk alone at night

  • 80 % Say there are sidewalks

  • 77 % Say it's walkable to restaurants

  • 71 % Say there's wildlife

  • 71 % Say it's walkable to grocery stores

  • 62 % Say there's holiday spirit

  • 57 % Say yards are well-kept

  • 55 % Say parking is easy

  • 51 % Say neighbors are friendly

  • 50 % Say streets are well-lit

  • 48 % Say it's quiet

  • 45 % Say they plan to stay for at least 5 years

  • 33 % Say kids play outside

  • 30 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Everything is within walking distance I actually can get by without a car although I have one. My commute time is 10 minutes or less"
    0
    Flag
  • Felicia M.
    "You see dogs walking with their owners all the time. And most owners are conscientious about picking up the poop left by their dogs. Monterey is a dog-friendly community. "
    2
    Flag
  • Felicia M.
    "I see many people walk their dogs in the neighborhood. I love dogs and put up a “Pick up your puppy’s poop, please”. Most owners pick up their dog’s poop which I’m grateful for. "
    0
    Flag
  • Felicia M.
    "Large park within walking distance. Lots of people walk their dogs around El Estero Park. Also near the beach and the Recreation Trail. "
    1
    Flag
  • Mcurtinsax
    "This is Old Town Monterey. Spaghetti Hill, settled by Italian fishermen whose founding families ply their trade to this day. The Defense Language Institute above. The small downtown below. The original capital of California. Lots of history and events. Big Sur,Pinnacles, etc. This is Steinbeck country. If you can afford it, it’s great."
    6
    Flag
  • Mcurtinsax
    "My daughter lives with her husband and my ex-wife lives in Sonoma near Morton’s pool. I live in Monterey which is a beautiful area but gets crowded all summer (and much of the rest of the year) with tourists for the many events they offer. When I came out to visit, the older houses and natural areas made me decide to commit to moving out here."
    4
    Flag
  • Theresa O.
    "Close to the wharf and ocean and Monterey Bay Aquarium. Close to exceptional hike and bike trails. Multitude of cultural events —Arts."
    2
    Flag
  • Fzaidi786
    "I love Monterey. It is a beautiful beach town. Grocery n other stuff is so accessible. There is not a lot traffic. "
    0
    Flag
  • Warrenthek
    "I have lived here for several years. Walking access to downtown Monterey is excellent. Good quiet neighborhood. MIIS students love the proximity to the Institute."
    0
    Flag

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Jun 12, 2026
Source: Zillow Rentals
ListingRemoved
$3,150
Jun 10, 2026
Source: Zillow Rentals
PriceChange
$3,150
Price decreased by 3%
May 22, 2026
Source: Zillow Rentals
Listed For Rent
$3,250
Jul 3, 2024
Source: Zillow Rentals
ListingRemoved
Jun 20, 2024
Source: Zillow Rentals
PriceChange
$2,900
Price increased by 2%

Frequently asked questions about 551 Watson St

  • Is Monterey a buyer's or seller's market?
    Monterey is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Monterey?
    The median sale price in Monterey is $1.1M.
  • What do residents say about the Old Town neighborhood?
    Residents describe the Old Town neighborhood in Monterey, CA as dog-friendly, pedestrian-friendly, and walkable to restaurants. See recently sold homes in Old Town, Monterey.
  • What are the closest schools to 551 Watson St?
    The closest schools to 551 Watson St in Monterey, CA are Monte Vista (Elementary/Middle, rated 6/10), Monterey High School (rated 8/10).

Homes for rent near 551 Watson St

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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