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Cheap Apartments for Rent in Monroe County, FL from $400 (5 Rentals)
Search the lowest-cost Apartments available for rent right now in Monroe County.
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Monroe County, FL Local Guide
Palmeras by Pablo FJ is licensed under CC BY 2.0
How much does it cost to rent an apartment in Monroe County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monroe County Studio Apartments | $2,439 | $1,999 | $2,978 |
| Monroe County 1 Bedroom Apartments | $2,670 | $2,259 | $3,500 |
| Monroe County 2 Bedroom Apartments | $3,034 | $2,300 | $4,200 |
| Monroe County 3 Bedroom Apartments | $3,556 | $2,849 | $4,681 |
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Cheapest Available Monroe County Apartments for Rent
The cheapest available apartment rental in Monroe County, FL is a 1 Bed unit found at Seaward Landing priced from $2,350. CoCo Vista has the second lowest priced unit, which is a 2 Beds apartment currently listed from $2,449. Here is today’s list of the most affordable Monroe County apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Seaward Landing | 1 | 1BR,1BA | $2,350 |
| CoCo Vista | 2 Bedroom 2 Bathroom | 2BR,2BA | $2,449 |
| Keys Lake Villas | B | 2BR,2BA | $2,650 |
Best Value Apartments for Rent in Monroe County, FL
As of March 27, 2025 the best value apartment in the Monroe County area is the $2.40 price per square foot B Model at Keys Lake Villas in the in the Garden Cove neighborhood starting from $2,650. The second greatest value Monroe County apartment is the 2/2.5 Model at Tarpon Harbour starting at $3,350 with a $3.07 price per square foot . Here is today’s list of the best values for Monroe County apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Keys Lake Villas | B | 2BR,2.5BA | $2.40 |
| Tarpon Harbour | 2/2.5 | 2BR,2.5BA | $3.07 |
| Little Torch Cottages | 2 Bedroom 2.5 Bath Townhome | 2BR,2.5BA | $3.66 |
| CoCo Vista | 3 Bedroom 2 Bathroom | 3BR,2BA | $2.68 |
| Sunset Marina | 5555 College Road - 5531 College Rd; Unit 2 553... | 2BR,2BA | $4.50 |
| 1005 Flagler Ave, Unit 2 | 1005 Flagler Ave | 1BR,1BA | $4.18 |
| Seaward Landing | 1 | 1BR,1BA | $4.42 |
| Arrive Key West | Apex | 1BR,1BA | $6.20 |
Frequently Asked Questions about Cheap Monroe County Apartments
What types of apartments are the cheapest in Monroe County?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 17 regular apartments in Monroe County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Monroe County?
Cheap apartments in Monroe County have an average cost of $1,487 which is $1,763 cheaper than the average rent for all rentals in Monroe County.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.
How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.