Affordable Housing City of Monterey! 3 basic rules, You must have lived or worked in the City of Monterey in the last 5 years, not owned property in last 3 years and income must fall below the standard Income. This is a second story unit with storage at the unit. Nice entry to dining area and updated Kitchen with laundry. Bedroom with shower over tub. Not far from pool and BBQ area. Listen to music from the Fairgrounds events. Appreciation is the cost of living index.