Rent Trends for Apartments in Monterey

February 2026

Bedroom count	Monterey	vs Last Month
Studio	$1,395	No change
1 Bedroom	$2,088	down 0.48%
2 Bedroom	$2,950	up 3.51%
3 Bedroom	$4,125	up 3.13%
4 Bedroom	$5,400	No change

Median rent as of January 25, 2026

This February, we've analyzed our 88 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 increased by 4.40% to $2,088.

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Top Neighborhoods in Monterey

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Apartment Types in Monterey

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Find Your Dream Apartment for Rent in Monterey

PadMapper has 88 condos, houses, and apartments for rent in Monterey. Specifically, 13 studio apartments, 21 one-bedroom apartments, 22 two-bedroom apartments, 12 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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