Apartments for Rent in Monterey, CA

Rents in Monterey, CA start at $1,200/mo on Budget Leases, and the average across the 3 listings we track runs $1,965/mo. That puts Monterey roughly 16% below the CA state average of $2,349/mo, so it's one of the more affordable markets in the state. By size, expect one-bedrooms around $1,995/mo and two-bedrooms around $1,950/mo. Listings are ranked cheapest-first and updated regularly.

Updated Jun 9, 2026

Cheapest
$1,200
lowest listed rent
Average rent
$1,96516% below CA
across all sizes
Average by sizevs CA typical
1 bed$1,99514% below CA
2 bed$1,95024% below CA

3 rentals in Monterey, CA

Every size & style, ranked by price

Renting in Monterey, CA: common questions

How much is rent in Monterey, CA?
The average asking rent across the 3 listings we track in Monterey, CA is $1,965/mo, with the cheapest starting at $1,200/mo. Prices change often, so confirm current rates on each listing.
What is the cheapest apartment for rent in Monterey?
Pacific Pines Apartment Homes is the lowest-priced rental we're tracking in Monterey, CA at $1,200/mo. We rank every listing cheapest-first so the best-value options are always at the top.
What is the average rent by bedroom in Monterey?
Based on the listings we track in Monterey, CA: one-bedrooms around $1,995/mo, two-bedrooms around $1,950/mo. These are averages and shift with availability.
Is Monterey expensive to rent in?
Relatively no. Monterey's average rent of $1,965/mo is about 16% below the CA state average of $2,349/mo, making it one of the more affordable markets in the state.

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