251 Lighthouse Ave
251 Lighthouse Ave,
Monterey, CA 93940
$2,500
1 Bed
Nestled along Monterey Bay and located just north of downtown, New Monterey is a bustling waterfront locale. New Monterey is home to the famed Cannery Row, one of the Central Coast’s most popular tourism spots. This historic hub for entertainment houses bayside restaurants, art galleries, shopping centers, vintage boutiques, the Monterey Bay Aquarium, and more. New Monterey is surrounded by top golf courses, with the Links at Spanish Bay, the Pacific Grove Golf Links, and the Monterey Peninsula Dunes Golf Course sitting closest to the neighborhood. Residents enjoy having several beaches in their neighborhood and if you’re lucky might see a few whales out in the distance. This upscale, resort-like neighborhood includes low-rise apartments and condos as well as cute beach cottages, many with a view of the Monterey Bay.
As of May 2026, the average apartment rent in New Monterey is $1,867 for a studio, $1,899 for one bedroom, $1,992 for two bedrooms, and $2,395 for three bedrooms. Apartment rent in New Monterey has increased by 0.3% in the past year.
Studio
383 sq ft
Average Sq Ft
$1,867/month
Average Rent
1 BR
476 sq ft
Average Sq Ft
$1,899/month
Average Rent
2 BR
857 sq ft
Average Sq Ft
$1,992/month
Average Rent
3 BR
1,150 sq ft
Average Sq Ft
$2,395/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly New Monterey - Monterey, CA is for everyday living.
Fairly Walkable
Walkability
Limited Public Transit
Transit
Moderately Drivable
Drivability
Fairly Bikeable
Bikeability
New Monterey - Monterey, CA offers all daily essentials, but they’re limited to a few main areas.
Supermarket Within a 10 Minute Walk
Groceries
Good Restaurant Variety Nearby
Restaurants
Fair Café Variety Nearby
Cafes
Fair Variety of Shops Nearby
Shopping
Get a sense of what it’s like to live in New Monterey - Monterey, CA from everyday activity to noise and nightlife.
Mostly Calm Atmosphere
Vibrancy
Limited Nightlife Variety Nearby
Nightlife
Not Noisy
Quiet Score
3,502
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.