481 Drake Ave

Monterey, CA 93940

Apartment building

2 beds

In-unit laundry (W/D)

Available units

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This listing now includes required monthly fees in the total monthly price. Price shown reflects the lease term provided for each unit.

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Unit , sortable column	Sqft, sortable column	Available, sortable column	Total monthly price, sorted ascending
Unit C 2 bd, 1 ba	850	Now	$3,195

What's special

Cathedral ceilingsPanoramic ocean view

Panoramic Ocean View, Cathedral Ceilings, Fireplace, Deck, Patio & Washer & Dryer in Unit. End Unit of a Triplex and 2 Car Covered parking. 1 year, Owner pays Sewer & Garbage

Facts, features & policies

Unit features

Appliances

Dishwasher

Dryer

Microwave oven

Oven

Refrigerator

Washer

Flooring

Carpet

Tile

Neighborhood: New Monterey

Areas of interest

Use our interactive map to explore the neighborhood and see how it matches your interests.

Travel times

Getting around

Walk Score^®

/ 100

Walker's Paradise

Transit Score^®

/ 100

Some Transit

Nearby schools in Monterey

Monte Vista

Grades K-8 • 1.4 miles

6/10

GreatSchools^® Rating

Test Score Rating

7/10

Student Progress Rating

5/10

Monterey High School

Grades 9-12 • 1.1 miles

8/10

GreatSchools^® Rating

Test Score Rating

7/10

College Readiness Rating

8/10

Beach Access
New Monterey’s coastal setting puts Monterey Bay shoreline walks and ocean views close at hand.
Historic Area
Cannery Row and nearby historic buildings reflect the area’s fishing and canning heritage.
Dining Scene
Restaurants and cafés along Lighthouse Avenue and around Cannery Row make dining a visible part of the neighborhood.
Transit Access
Monterey-Salinas Transit buses serve New Monterey, with Highway 1 providing a connection along the coast.

New Monterey sits on the coast above Monterey Bay, with steep streets, ocean views and a mild, often foggy climate. Cannery Row and the Monterey Bay Aquarium are nearby, while the neighborhood’s shoreline paths connect to coastal walks and outdoor recreation. Local restaurants and cafés are concentrated along Lighthouse Avenue and around Cannery Row; shopping ranges from everyday services to galleries and specialty shops. Historic buildings and the area’s links to Monterey’s fishing and canning past give the streets a distinctive character, with live music and evening dining adding to the scene. Residents can get around on foot in the commercial areas, though hills make some routes challenging. Monterey-Salinas Transit buses serve the city, and Highway 1 connects the area to the wider coast. For the New Monterey neighborhood, median rent is $2,975 per month, with a typical range of $1,500 to $6,000.