Apartments in 93940

1 - 30 of 57 Results
17
464 Ramona Ave Apartment for rent in Monterey, CA
$2,900
Monterey, CA
2 BR | Available Now
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2
725Spen Apartment for rent in Monterey, CA
$2,025
725-727 Spencer St Monterey, CA
1 BR | Available Now
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1
Charming 2-bed 1-bath Home With Spacious Yard Located In Downtown Monterey Neighborhood Apartment for rent in Monterey, CA
$3,300
450 Jackson St Monterey, CA
2 BR | Aug. 13, 2025
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0
871Ali Apartment for rent in Monterey, CA
$2,850
871 Alice St Monterey, CA
2 BR | Aug. 6, 2025
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1
219Wat Apartment for rent in Monterey, CA
$2,225
219 Watson St Monterey, CA
1 BR | Jul. 15, 2025
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1
Cortes Street (680) - The Historical Gt Marsh Building Apartment for rent in Monterey, CA
$3,025 - 3,500
680 Cortes St Monterey, CA
Studio - 1 BR | Available Now
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Disability Access
1
Palo Verde Apartments (monte Vista, Porta Vista, Mar Vista) Apartment for rent in Monterey, CA
$2,095
Monte Vista Dr Monterey, CA
1 BR | Available Now
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1
Major Sherman Ln. 900 Apartment for rent in Monterey, CA
$2,000
900 Major Sherman Ln Monterey, CA
1 BR | Available Now
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1
1281 1299 8th St Apartment for rent in Monterey, CA
$1,900
Monterey, CA
1 BR | Available Now
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10
345 English Ave Apartment for rent in Monterey, CA
$1,595
Monterey, CA
Studio | Ask for Availability
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Cat Friendly
1
Hawt773 Apartment for rent in Monterey, CA
$2,300
773 Hawthorne St Monterey, CA
2 BR | Available Now
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1
611 Franklin Apartment for rent in Monterey, CA
$2,995
611 W Franklin St Monterey, CA
2 BR | Available Now
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1
350Ram Apartment for rent in Monterey, CA
$2,050 - 2,075
350 Ramona Ave Monterey, CA
1 BR | Available Now
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8
1074-1078 3rd St Apartment for rent in Monterey, CA
$1,980
Monterey, CA
1 BR | Available Now
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1
1170-1172 2nd St Apartment for rent in Monterey, CA
$1,795
Monterey, CA
1 BR | Available Now
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1
Vanburen/union Apartment for rent in Monterey, CA
$2,425
536 Van Buren Street/537 Union St Monterey, CA
1 BR | Available Now
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1
1074-1078 3Rd St Apartment for rent in Monterey, CA
$1,980
Monterey, CA
1 BR | Available Now
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Cat Friendly
1
Laine St 650 Apartment for rent in Monterey, CA
$2,000
650 Laine St Monterey, CA
1 BR | Available Now
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1
122Seen Apartment for rent in Monterey, CA
$2,650
122 Seeno St Monterey, CA
2 BR | Available Now
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1
150 Hawthorne Apartment for rent in Monterey, CA
$2,050
Monterey, CA
1 BR | Available Now
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1
227Wat Apartment for rent in Monterey, CA
$1,975
227 Watson St Monterey, CA
1 BR | Available Now
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1
$1,875 - 1,950
Monterey, CA
1 BR | Available Now
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Surface Parking
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1
$2,344
Monterey, CA
1 BR | Aug. 4, 2025
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1
$2,195
Monterey, CA
2 BR | Aug. 15, 2025
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Disability Access
0
$2,100
501-555 Ocean Ave Monterey, CA
1 BR | Aug. 15, 2025
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1
$2,275
491 Hawthorne St Monterey, CA
1 BR | Jul. 21, 2025
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1
$2,850 - 3,050
101-121 Lighthouse Ave Monterey, CA
2 BR | Available Now
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18
$4,995
Monterey, CA
3 BR | Available Now
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House
14
$3,800
Monterey, CA
2 BR | Available Now
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1
$2,250
456 Dela Vina Ave Monterey, CA
1 BR | Aug. 5, 2025
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1 - 30 of 57 Results
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How much does it cost to rent an apartment in 93940?

93940 apartments
Bed Type Average Rent Range
Studio $2,050 $1,600 - $3,030
1BR $2,050 $1,800 - $2,470
2BR $2,850 $2,250 - $3,700
3BR $4,550 $3,550 - $5,000
4+BR $3,500 $3,500 - $5,400
Find an Apartment in 93940
If you're searching for apartments for rent in 93940, you're in luck! Currently, there are 65 units available for rent in this area on Rentable. The average rent in 93940 is $2,300, with the most affordable floor plan type starting at just $1,595.

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:
July Rent Report

Welcome to the July 2025 Monterey Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the July 2025 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

$3,100
$2,330
$1,550
$780
$0
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
Jan. 2025
Feb. 2025
Mar. 2025
Apr. 2025
May. 2025
Jun. 2025
Jul. 2025
1 BR       2 BR

Monterey Rent Prices Decrease From June to July

Monterey rent prices decreased over the last month. From June to July, the city experienced a -0.3% decrease for the price of a one-bedroom apartment. The rent price for a Monterey one-bedroom apartments currently stands at $2,000.0.

When we take a look at the two-bedroom comparison from June to July, Monterey experienced a 0.46% increase for the price of a two-bedroom apartment. The rent price for a Monterey two-bedroom apartments currently stands at $3,042.0.

July 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.

July 2025 Pricing Trends: Monterey vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Pittsburgh, PA
Minneapolis, MN
$4,074
$3,214
$2,367
$2,295
$1,876
$1,370
$1,312
$1,250
$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 July 1 BR M/M % Change 2 BR July 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.