Rent Trends for Apartments in Monterey

August 2026

Bedroom count	Monterey	vs Last Month
Studio	$1,395	No change
1 Bedroom	$2,200	down 2.22%
2 Bedroom	$2,898	down 6.52%
3 Bedroom	$4,695	up 0.47%
4 Bedroom	$5,400	No change

Median rent as of July 26, 2026

This August, we've analyzed our 69 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 Town Apartments Old Monterey Business District Apartments Monterey Vista Apartments Villa Del Monte Apartments Casanova Oak Knoll Apartments Del Monte Grove Laguna Grande Apartments

Apartment Types in Monterey

Short Term Rentals in Monterey

Find Your Dream Apartment for Rent in Monterey

PadMapper has 69 condos, houses, and apartments for rent in Monterey. Specifically, 12 studio apartments, 15 one-bedroom apartments, 16 two-bedroom apartments, 4 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