Cheap Apartments for Rent in Monterey, LA from $500 (37 Rentals)

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Rapides Homes
3 Bedroom Apartments

Rapides Homes

1306 Autumn Orchard LoopAlexandria, LA 71303
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Riverbend
3 Bedroom Apartments

Riverbend

300 Riverbend DrAlexandria, LA 71302
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Monterey, LA Local Guide

Cheapest Available Monterey Apartments for Rent and Nearby

 

The cheapest available apartment rental in Monterey, LA is a 1 Bed unit found at Covington II priced from $550. Hermitage Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Monterey apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Covington II1x1Covington II1BR,1BA$550
Hermitage Apartments1BR/1.0BA1BR,1BA$700
Walden Apartment Homes1BR/1.0BA1BR,1BA$700
Edgewood Manor1x1Edgewood Manor1BR,$700
Tanglewood Apartments2BR/1.5BA2BR,1BA$750
Jaguar Plaza Apartments1 Bedroom1BR,1BA$825
The Gardens Senior Apartments1BR/1BA1BR,1BA$874
Howell Place1 Bedroom1BR,1BA$874
Square One ApartmentsTwo Bedroom2BR,2BA$899
Reserve at Howell Place1x11BR,1BA$915

Best Value Apartments for Rent in Monterey, LA and Nearby

As of March 23, 2025 the best value apartment in the Monterey area is the $1.07 price per square foot Four Bedroom Model at Square One Apartments in the in the North Baton Rouge neighborhood starting from $1,299. The second greatest value Monterey apartment is the Three Bedroom Home Model at Scotlandville Homes starting at $1,136 with a $0.95 price per square foot in the North Baton Rouge neighborhood. 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.
Square One ApartmentsFour Bedroom4BR,2BA$1.07
Scotlandville HomesThree Bedroom Home3BR,2BA$0.95
Edgewood Manor3X1Edgewood Manor3BR,$0.95
Pecan GroveThe Buckeye2BR,1BA$1.09
Tanglewood Apartments2BR/1.5BA2BR,1.5BA$0.89
Reserve at Howell Place1x11BR,1BA$1.16
Hermitage Apartments1BR/1.0BA1BR,1BA$0.95
Walden Apartment Homes1BR/1.0BA1BR,1BA$1.00
Jaguar Plaza Apartments1 Bedroom1BR,1BA$1.18
Covington II1x1Covington II1BR,1BA$1.11

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Getting Around Monterey, LA

Walk Score®

6 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

28 / 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

What is the Cheapest Studio apartment in Monterey?

Currently the most affordable Cheap Studio Apartment in Monterey is at Siegel Select Alexandria listed at $928.

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

The lowest price for a Cheap One Bedroom Monterey Apartment is $550 at Covington II.

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 $725 at Covington II.

What is the most affordable Monterey Three Bedroom Apartment?

The best deal on a cheap Monterey Three Bedroom Apartment rental is at Edgewood Manor and starts from $950.

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.

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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.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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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.

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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.