Cheap Apartments for Rent in Monterey, IN from $700 (35 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Monterey.

close
View Me
409 S Maple St
2 Bedroom Apartments

409 S Maple St

409 S Maple StKouts, IN 46347
Showing Results 1-35, Page 1 of 1

Monterey, IN Local Guide

Cheapest Available Monterey Apartments for Rent and Nearby

 

The cheapest available apartment rental in Monterey, IN is a 2 Beds unit found at Millstone Apartments priced from $756. Northpointe/Lakepointe Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $780. Here is today’s list of the most affordable Monterey apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Millstone Apartments2 Bed 1 Bath2BR,1BA$756
Northpointe/Lakepointe Apartment HomesB- 1x11BR,1BA$780
Pechewa PlaceUpstairs 1 Bedroom1BR,1BA$799
Centennial CrossingSenior Villa 1x11BR,1BA$845
Wabash River Commons1B1B TRAD1BR,1BA$845
Irish Hills ApartmentsClassic One Bedroom1BR,1BA$884
Bremen Park Apartments2x12BR,1BA$935
Mallard and HI-TEC Apartments2 Beds, 1 bath2BR,1BA$935
Lakeview Apartments2 Beds, 1 bath2BR,1BA$955
Fox Village Apartment Homes2B/1B2BR,1BA$987

Best Value Apartments for Rent in Monterey, IN and Nearby

As of March 26, 2025 the best value apartment in the Monterey area is the $1.15 price per square foot 3 Bedroom Model at The Residences at Belleville Park in the in the Outer Westside neighborhood starting from $1,405. The second greatest value Monterey apartment is the 2B Pond Model at The Fields of New Durham Apartment Homes starting at $1,329 with a $1.20 price per square foot . Here is today’s list of the best values for Monterey apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Residences at Belleville Park3 Bedroom3BR,1.5BA$1.15
The Fields of New Durham Apartment Homes2B Pond2BR,2BA$1.20
Roselawn Apartments2 Beds, 1 bath2BR,1BA$0.91
Ironwood VillageTwo Bedroom2BR,1BA$1.00
Wabash River Commons2B2B SENIOR2BR,2BA$1.18
Fox Village Apartment Homes2B/1B2BR,1BA$1.06
Bremen Park Apartments2x12BR,1BA$1.01
Lakeview Apartments2 Beds, 1 bath2BR,1BA$1.03
Lakeland Villa Apartments2 Bedroom 2 Bathroom Traditional Apartment with...2BR,2BA$1.17
Mallard and HI-TEC Apartments2 Beds, 1 bath2BR,1BA$1.04

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Monterey, IN Rentals by Map

Decorative image of map

See the most popular apartments and homes in Monterey, IN

View MapMonterey, IN Apartments MapView MapMonterey, IN Rental Homes Map

Getting Around Monterey, IN

Walk Score®

3 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

31 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Monterey Apartments

How much is rent for a Cheap One Bedroom Monterey Apartment?

The lowest price for a Cheap One Bedroom Monterey Apartment is $780 at Northpointe/Lakepointe Apartment Homes.

What is the lowest price for a Cheap Two Bedroom Monterey Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Monterey is starting from $756 at Millstone Apartments.

What is the most affordable Monterey Three Bedroom Apartment?

The best deal on a cheap Monterey Three Bedroom Apartment rental is at Ironwood Village and starts from $1,148.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article

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.