Rent Trends for Apartments in Monterey

May 2026

Bedroom count	Monterey	vs Last Month
Studio	$1,395	down 3.46%
1 Bedroom	$2,188	down 2.23%
2 Bedroom	$3,200	up 10.80%
3 Bedroom	$3,995	down 4.49%
4 Bedroom	$5,400	No change

Median rent as of May 3, 2026

This May, we've analyzed our 77 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 decreased by 0.55% to $2,188.

Cities Near Monterey

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Top Neighborhoods in Monterey

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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 77 condos, houses, and apartments for rent in Monterey. Specifically, 12 studio apartments, 17 one-bedroom apartments, 24 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.

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