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Studio Condos for Rent in Monterey, CA

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  • 728 Ocean Ave Unit 3, Monterey, CA 93940
    728 Ocean Ave Unit 3, Monterey, CA 93940
    728 Ocean Ave Unit 3, Monterey, CA 93940
    /13

    $2,050 Per Month

    • Studio
    • 1 Bath
    • 526 Sq Ft
    • Condo for Rent

    728 Ocean Ave Unit 3, Monterey, CA 93940

    This upstairs studio apartment offers a smart layout with thoughtful amenities for comfortable living. The living room features a cozy fireplace, creating a warm and inviting space. In the kitchen, a bar countertop provides a convenient area for meals or entertaining and the dishwasher makes cleanup a breeze. The LVP flooring throughout offers a touch of elegance.The tile floors in the bathroom

    728 Ocean Ave Unit 3, Monterey, CA 93940
  • 574 Belden St Unit 574, Monterey, CA 93940
    574 Belden St Unit 574, Monterey, CA 93940
    574 Belden St Unit 574, Monterey, CA 93940
    /9

    $2,050 Per Month

    • Studio
    • 1 Bath
    • Condo for Rent

    574 Belden St Unit 574, Monterey, CA 93940

    Renovated Studio Apartment – Prime Monterey Location Welcome to your new home in Monterey! This beautifully renovated studio offers comfort, convenience, and modern upgrades throughout. Features include: Fresh interior paint, upgraded bathroom with modern finishes, brand-new appliances and on-site laundry facility. Situated in a desirable Monterey location, this property provides easy

    574 Belden St Unit 574, Monterey, CA 93940
California Monterey County

Studio Condos for Rent in Monterey, CA

Frequently Asked Questions

How much does it cost to rent a condo in Monterey, CA?
The median rent for a condo in Monterey, CA is $2,500 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Monterey, CA?
To comfortably afford the median rent in Monterey, CA, a household needs to earn roughly $126,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $3,150 per month in Monterey, CA, renters typically need to show $9,450 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Monterey, CA?
In Monterey, CA, the price-to-rent ratio is 30.4, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Condo Rental Trends in Monterey, CA

There are currently 2 condos available for rent in Monterey, CA. The median rent is $2,500 per month, with 1-bedroom condos renting at $2,250, 2-bedroom condos at $3,200 and 3-bedroom condos at $3,375.

Rental Home Trends

Number of Condos for Rent
2
Median Condo Rent
$2,500
Median 1 Bedroom Condo Rent
$2,250
Median 2 Bedroom Condo Rent
$3,200
Median 3 Bedroom Condo Rent
$3,375
How to Rent a Home

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