
FRBO is an acronym for "For Rent by Owner." This means that the private landlord acts as the property manager and is the individual that a renter would work with directly for renting their townhome.
There are currently 2 private landlord townhome rentals in the Monterey area.
Finding townhomes that are 'For Rent by Owner' is easier on HotPads with our filtering features. Just click into the "All filters" tab and scroll down for "Additional options." Below this select "For rent by owner" to filter for private landlord rentals.
No, there aren't discounts for rental townhomes that are rented directly by the owners, however negotiating rental lease terms can sometimes be easier because you are communicating directly with the private landlord and not a real estate management company.
Monterey is a city on the coast of Central California. Located on the southern edge of Monterey Bay and next to the Monterey Bay National Marine Sanctuary, the area is known for its diverse marine life, as well as its significance in California history as a fishing-industry hub. A temperate climate and variety of parks and beaches make Monterey a good place for those with an active lifestyle. Monterey is a small community, roughly 9 square miles, with a population of just over 27,000. However, during tourist season, the population increases to nearly 70,000.
Monterey is a popular tourist destination, but locals can travel 4 miles to nearby Carmel or Pebble Beach for a quick getaway, or head to Santa Cruz, which is about 45 miles away. Renting in Monterey also puts you close to the San Francisco Bay Area. San Jose is 70 miles away, while San Francisco is 123 miles away.
There is not a lot of rental inventory in Monterey, but much of the market is dedicated to seasonal rentals for tourists. Apartments for rent in Monterey are priced high, but savvy renters can find good deals.