Apartments in 93940

1 - 30 of 87 Results
7
$2,550
437 Ramona Ave Monterey, CA
2 BR | Available Now
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19
$2,995
611 W Franklin St Monterey, CA
2 BR | Available Now
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Disability Access
9
$2,075
38-62 Mar Vis Monterey, CA
1 BR | Available Now
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Disability Access
1
$2,575
599 Franklin St Monterey, CA
2 BR | Available Now
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Storage
1
$2,175
Monterey, CA
1 BR | Available Now
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1
$2,100
Monterey, CA
1 BR | Available Now
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Disability Access
1
$2,750 - 2,900
871 Alice St Monterey, CA
2 BR | Available Now
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Balcony/Deck/Patio
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Dishwasher
15
$5,500
Monterey, CA
2 BR | Jan. 1, 2025
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Dog Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
8
$1,800
820 Casanova Ave Monterey, CA
1 BR | Ask for Availability
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Air Conditioning
Dishwasher
5
$2,295
Monterey, CA
1 BR | Available Now
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Dog Friendly
Cat Friendly
1
$3,800
536 Van Buren Street/537 Union St Monterey, CA
3 BR | Available Now
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1
$3,600
1251 8Th St Monterey, CA
2 BR | Available Now
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House
1
$4,000
Monterey, CA
3 BR | Dec. 26, 2024
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House
14
$1,495
Monterey, CA
Studio | Available Now
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1
$2,400
724 Spencer St Monterey, CA
1 BR | Available Now
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Dog Friendly
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Dishwasher
1
$2,150
860 Alice St Monterey, CA
1 BR | Jan. 2, 2025
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Surface Parking
Balcony/Deck/Patio
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1
$2,525
122 Seeno St Monterey, CA
2 BR | Available Now
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1
$3,750
227 Watson St Monterey, CA
3 BR | Available Now
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1
$1,875
Monterey, CA
1 BR | Available Now
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Disability Access
1
$1,775 - 1,995
Monterey, CA
Studio - 1 BR | Available Now
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Pool
1
$2,590
456 498 Sloat Ave Monterey, CA
2 BR | Available Now
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Disability Access
1
$1,925 - 2,000
501-555 Ocean Ave Monterey, CA
1 BR | Jan. 17, 2025
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Disability Access
1
$1,795
100 Hawthorne St Monterey, CA
1 BR | Dec. 27, 2024
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Dog Friendly
Cat Friendly
Disability Access
1
$1,975
340-342 348 Ramona Ave Monterey, CA
1 BR | Dec. 27, 2024
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Surface Parking
Storage
1
$2,300
77 Porta Vista Dr Monterey, CA
1 BR | Available Now
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Cat Friendly
Storage
1
$1,925
350 Ramona Ave Monterey, CA
1 BR | Jan. 2, 2025
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Surface Parking
Storage
Disability Access
Fireplace
1
$1,975
1156 8Th St Monterey, CA
1 BR | Available Now
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Surface Parking
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Disability Access
11
$3,995
Monterey, CA
2 BR | Ask for Availability
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Dog Friendly
Cat Friendly
House
1
$2,350
500 Glenwood Cir Monterey, CA
1 BR | Jan. 12, 2025
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1
$2,050
431 Monroe St Monterey, CA
1 BR | Available Now
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1 - 30 of 87 Results
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  2. Salinas, CA Area Apartments
  3. Monterey
  4. 93940

How much does it cost to rent an apartment in 93940?

93940 apartments
Bed Type Average Rent Range
Studio $1,790 $1,500 - $2,000
1BR $2,090 $1,700 - $2,430
2BR $2,700 $2,280 - $4,000
3BR $4,000 $3,750 - $5,600
Find an Apartment in 93940
If you're searching for apartments for rent in 93940, you're in luck! Currently, there are 97 units available for rent in this area on Rentable. The average rent in 93940 is $2,250, with the most affordable floor plan type starting at just $1,495.

Monterey, CA offers a great range of amenities and attractions near the 93940 area. Just minutes away, you can explore the beautiful beaches and enjoy breathtaking views of the Pacific Ocean. Additionally, there are several parks nearby, such as Dennis the Menace Park and Jacks Peak Park, perfect for outdoor activities and picnics.

So if you're looking for apartments 93940 Monterey, CA, head over to Rentable and discover the perfect rental option for your needs. Whether you're searching for a cozy studio or a spacious three-bedroom, you're sure to find the ideal place to call home.

Monterey:
December Rent Report

Welcome to the December 2024 Monterey Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2024 key findings and figures for the Monterey rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Monterey and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Monterey average rent prices in the chart below.

Monthly Rent Report

$3,050
$2,290
$1,530
$760
$0
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
1 BR       2 BR

Monterey Rent Prices Decrease From November to December

Monterey rent prices decreased over the last month. From November to December, the city experienced a -0.24% decrease for the price of a one-bedroom apartment. The rent price for a Monterey one-bedroom apartments currently stands at $2,092.0.

When we take a look at the two-bedroom comparison from November to December, Monterey experienced a -0.18% decrease for the price of a two-bedroom apartment. The rent price for a Monterey two-bedroom apartments currently stands at $2,827.0.

December Prices: Monterey vs. Surrounding Areas

Rent Prices in Monterey and Surrounding Areas

Rent prices have decreased in Monterey over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Monterey suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Monterey suburbs

  • Rents did not decrease in any of the Monterey suburbs.

December 2024 Pricing Trends: Monterey vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,134
$3,160
$2,389
$2,353
$1,914
$1,318
$1,255
$1,234
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Monterey Rent Prices More Affordable Than Major Cities

Rent growth in Monterey over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Monterey average rent prices appear to be relatively affordable for local residents.

The price for a Monterey one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Monterey and surrounding area rent prices, take a look at the complete data set below.

Data set for Monterey and suburbs

1 BR December 1 BR M/M % Change 2 BR December 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.