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Monterey Village 1 of 8

Monterey Village

$949 – $1,555/mo

  • 1–2 bedrooms
  • 1–2 baths
  • 540–850 sq ft
  • 25 units available
4707 E Mcdowell Rd, Phoenix, AZ, 85008

As of October 13, 2026, Monterey Village in Phoenix, AZ has 25 apartments for rent from $949 to $1,555/mo. One-bedrooms start at $949 and two-bedrooms at $1,200. The average asking rent has risen 5.1% since March 25, 2026, from $1,179 to $1,240.


Floor plans

Monterey Village has 25 units available across 9 floor plans: 3 one-bedroom layouts (540–605 sq ft) and 5 two-bedroom layouts (815–850 sq ft). Prices checked October 13, 2026.

A3 | 1x1 | Large

605 Sq Ft

Starting at $1,089/mo

1 available unitPriceSq ftAvailableOpen unit
1127$1,089605Oct 23

A10BA

1 Bedroom • 1 Bath • 540 Sq Ft

Starting at $949/mo

3 available unitsPriceSq ftAvailableOpen unit
2116$1,025540Oct 2
2114$999540Oct 7
1195$949540Oct 30

A3 | 1x1 | Large Renovated

1 Bedroom • 1 Bath • 605 Sq Ft

Starting at $1,000/mo

8 available unitsPriceSq ftAvailableOpen unit
1216$1,220605Sep 17
1219$1,259605Oct 2
2138$1,259605Oct 7
1223$1,199605Oct 16
2129$1,000605Oct 24
2127$1,000605Nov 20
2218$1,300605Nov 23
2128$1,275605Nov 30

A2 | 1x1 | Medium Renovated

1 Bedroom • 1 Bath • 540 Sq Ft

Starting at $1,275/mo

1 available unitPriceSq ftAvailableOpen unit
1117$1,275540Oct 2

B2 | 2x2 | Large

2 Bedrooms • 2 Baths • 850 Sq Ft

Starting at $1,200/mo

1 available unitPriceSq ftAvailableOpen unit
1120$1,200850Sep 29

B20BA

2 Bedrooms • 2 Baths • 850 Sq Ft

Starting at $1,225/mo

3 available unitsPriceSq ftAvailableOpen unit
2189$1,225850Sep 22
2188$1,225850Oct 9
2208$1,350850Oct 15

B20BL

2 Bedrooms • 2 Baths • 850 Sq Ft

Starting at $1,225/mo

1 available unitPriceSq ftAvailableOpen unit
2202$1,225850Nov 13

B1 | 2x2 | Small Renovated

2 Bedrooms • 2 Baths • 815 Sq Ft

Starting at $1,389/mo

2 available unitsPriceSq ftAvailableOpen unit
2136$1,389815Aug 19
2133$1,389815Aug 24

B2 | 2x2 | Large Renovated

2 Bedrooms • 2 Baths • 850 Sq Ft

Starting at $1,410/mo

5 available unitsPriceSq ftAvailableOpen unit
2209$1,410850Aug 24
2203$1,459850Aug 31
1122$1,555850Sep 22
2168$1,555850Sep 29
2206$1,555850Nov 5

See all 93 units listed at Monterey Village, including ones no longer available.


Cost to rent here

At Monterey Village, a one-bedroom starts at about $1,328 a month all-in: $949 rent, $99 in listed fees, and an estimated $280 for electric, gas, water, internet, renters insurance, and laundry. A two-bedroom starts at about $1,653.

All-in from$1,328/mo

Estimates are local averages, not quotes from the property.

Can you afford it?

Most landlords ask for a monthly income of about 3× the rent, so qualifying at Monterey Village takes about $34,164 a year for a one-bedroom and $43,200 for a two-bedroom. Keeping the $1,328 all-in month for a one-bedroom within 35% of take-home pay takes an income of about $55,700 a year.

Total monthly housing cost

$1,328/mo

Income to afford it comfortably

$55,700/yr

Income to qualify

$34,164/yr

Your estimated budget

Suggested rent budget, 1 bedroom

$ —/mo

See what you can afford here

Add your income and debts for a rent budget at this building.

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Rent history

Over the past year, the average asking rent at Monterey Village has ranged from $1,101 to $1,303. The current average is $1,240, up $60 (5.1%) from $1,179 at the start.

Prices reflect the average advertised rent across units listed as available each day (163 days observed).

Fees & lease terms

The listing for Monterey Village shows $98.62 a month in fees (pet rent $35, community amenity fee $25, parking covered $15, and 3 more) and $1,285 due at signing (security deposit $500, pet deposit $250, pet fee $250, and 5 more).

  • Rent

    $949 – $1,555/mo
  • Earliest move-in

    Aug 19

Monthly fees

Community Amenity Fee

$25/mo

Parking - Covered

$15/mo

Pest Control Services

$4/mo

Pet Rent

$35/mo

Renters Liability/Content - Property Program

$14.5/mo

Utility - Billing Administrative Fee

$5.12/mo

Due at signing

Access Device

$50

Access Device - Additional

$25

Access Device - Replacement

$10

Administrative Fee

$150

Application Fee

$50

Pet Deposit (Refundable)

$250

Pet Fee

$250

Security Deposit (Refundable)

$500

Amenities

Monterey Village lists 2 amenities: information coming soon! and smoke free.

  • Information Coming Soon!

  • Smoke Free


Amenity photos

  • Pool
    5 photos

Location

4707 E Mcdowell Rd, Phoenix, AZ, 85008


Resident reviews

Monterey Village has a 3.7 out of 5 rating from more than 200 resident reviews. Residents rate amenities and shared spaces (4.7) and maintenance (4.2) highest and building quality (3.3) lowest.

3.7 · 200+ reviews
Overall rating
Positive
Mixed
Neutral
Negative
Management3.7
Maintenance4.2
Building Quality3.3
Location3.5
Amenities and Shared Spaces4.7
Overall100 reviews

Monterey Village offers spacious, fairly-priced apartments in a convenient central Phoenix location with responsive maintenance and generally friendly office staff. However, the property experiences recurring infrastructure challenges including frequent water shutoffs, pest control issues, and delayed maintenance completion. Residents appreciate the gated community feel and quiet atmosphere, though some report concerns about noise from landscaping, thin walls, and occasional security issues.

Management and office staff responsiveness receive consistently positive feedback, with residents praising quick communication, helpful leasing assistance, and professional service. However, recurring concerns about water shutoffs—both scheduled and emergency—significantly impact resident satisfaction, with some reporting multiple outages monthly. Maintenance staff are generally responsive and effective with repairs, though some residents report incomplete or delayed work on larger issues.

Maintenance response is generally prompt, with most residents reporting 24-48 hour service and staff willingness to address repair requests. However, work order completion inconsistency is a recurring concern, with some residents reporting incomplete repairs or multiple requests needed for single issues. Water shutoffs occur periodically due to the property's age and plumbing infrastructure, though frequency has reportedly decreased over time. Overall maintenance quality is viewed positively by the majority, though follow-through on complex repairs remains an area of concern.

Residents report persistent building maintenance challenges, particularly frequent water shutoffs (multiple times monthly), pest issues requiring regular treatment, and incomplete or delayed repairs. Noise insulation is poor, with thin walls and construction disruptions noted. Maintenance staff are generally responsive to requests, though larger structural issues and pre-move-in cleanliness remain problematic. The property shows mixed upkeep, with some recent improvements offset by ongoing infrastructure concerns.

The property's location near Central Phoenix, freeways (143/202), and nearby grocery stores and businesses is a consistent strength that residents appreciate. The gated community with security features and quiet neighborhood environment are valued amenities. However, pricing concerns have emerged, with some residents noting the property feels overpriced relative to the surrounding neighborhood and recent renovations.

Residents consistently praise responsive maintenance and staff responsiveness to repair requests, with several noting prompt issue resolution and property improvements including parking programs and pool maintenance. Common amenities like pools are well-maintained and appreciated. A recurring concern involves unscheduled water shutoffs occurring multiple times monthly, which management attributes to the building's age; however, staff are noted as helpful in addressing other maintenance matters.

Summaries are written by AI from reviews residents posted on public review sites such as Google and ApartmentRatings. Each topic shows how many of those reviews discuss it.

Getting around

Monterey Village is somewhat walkable and very bikeable, and transit is minimal.

Walking
Somewhat walkable
Grade D
Transit
Minimal
Grade F
Biking
Very bikeable
Grade A

Climate and air quality

Air quality near Monterey Village was good on 49 of the past 365 days, and at its worst in May (average AQI 64, moderate). Daily highs averaged 108°F in August, the warmest month, and lows averaged 47°F in January, the coldest.

Air quality

49 good-air days

of the past 365

: Good, AQI 36

Temperature

108° / 47°

average August high / January low

: 76° high, 61° low

Pollen

Very high

Oct 13–17 forecast

Tree: none, grass: moderate, weed: very high

MonthAverage highAverage lowAverage AQIGood-air days
January69°F47°F60 (moderate)5 of 31
February78°F55°F55 (moderate)6 of 28
March91°F63°F59 (moderate)3 of 31
April87°F65°F63 (moderate)2 of 30
May95°F72°F64 (moderate)1 of 31
June105°F83°F60 (moderate)2 of 30
July106°F85°F59 (moderate)0 of 31
August108°F86°F59 (moderate)4 of 31
September97°F79°F52 (moderate)8 of 30
October88°F66°F54 (moderate)11 of 31
November77°F55°F60 (moderate)5 of 30
December72°F50°F62 (moderate)2 of 31
Daily readings from Oct 14, 2025 to Oct 13, 2026. The pollen chart shows typical US seasons.

About this property

Monterey Village is a 252-unit building in Phoenix, AZ.

  • Building

    Apartment · Garden
  • Total units

    252

Nearby schools

The closest school to Monterey Village is Sonoran Science Academy - Phoenix, a charter high school 0.2 miles away. The closest public school is Brunson-Lee Elementary School, 0.2 miles away.

SchoolTypeLevelDistance

Sonoran Science Academy - Phoenix

Charter · High
CharterHigh0.2 mi

Brunson-Lee Elementary School

Public · Elementary
PublicElementary0.2 mi

Just Like Home Pre-School

Private · Preschool
PrivatePreschool0.3 mi

Pat Tillman Middle School

Public · Middle
PublicMiddle0.6 mi

Marina Montessori School

Private · Preschool
PrivatePreschool0.6 mi

New Way Academy

Private · High
PrivateHigh0.7 mi

Arcadia Montessori School

Private · Elementary
PrivateElementary0.9 mi

Papago School

Public · Middle
PublicMiddle1.4 mi

Phoenix Christian Day Care

Private · Elementary
PrivateElementary1.5 mi

Magical Star Pre-School

Private · Preschool
PrivatePreschool1.5 mi

Contact & management

Monterey Village is managed by Greystar. The leasing office's phone number is 602-273-7227.


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