Rent Trends for Apartments in Monterey

May 2026

Bedroom count	Monterey	vs Last Month
Studio	$1,395	down 3.46%
1 Bedroom	$2,200	down 3.30%
2 Bedroom	$3,050	up 1.67%
3 Bedroom	$3,995	down 6.35%
4 Bedroom	$5,400	No change

Median rent as of April 26, 2026

This May, we've analyzed our 83 listings in Monterey to determine the rent trend. We're updating our tables in real time to give you the most up to date Monterey median apartment rent prices by bedroom count.

The median rent for a studio apartment remained the same at $1,395, while the median rent for a 1 bedroom apartment remained the same at $2,200.

Cities Near Monterey

Pacific Grove Apartments Seaside Apartments Carmel-by-the-Sea Apartments Carmel-by-the-Sea Apartments Del Monte Forest Apartments Marina Apartments Salinas Apartments Watsonville Apartments Aptos Apartments Capitola Apartments

Top Neighborhoods in Monterey

New Monterey Apartments Old Monterey Business District Apartments Monterey Vista Apartments Old Town Apartments Villa Del Monte Apartments Casanova Oak Knoll Apartments Del Monte Grove Laguna Grande Apartments

Apartment Types in Monterey

Pet Friendly Apartments in Monterey Cheap Apartments in Monterey Luxury Apartments in Monterey Utilities Included Apartments in Monterey Short Term Rentals in Monterey

Find Your Dream Apartment for Rent in Monterey

PadMapper has 83 condos, houses, and apartments for rent in Monterey. Specifically, 12 studio apartments, 17 one-bedroom apartments, 29 two-bedroom apartments, 6 three-bedroom apartments are currently available for rent.

We have options to filter by price, bedroom count, bathroom count, long-term or short-term, housing type, pet friendly, no broker fee, and you can search for an apartment by custom keywords.

Search › California › Monterey › Cheap