Cheap Apartments for Rent in Monterey, MA from $800 (22 Rentals)

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

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

close
View Me
465 Chapel St
Studio Apartments

465 Chapel St

465 Chapel StLee, MA 01238
  • Utilities Included
close
View Me
Summit Place Apartments
1 to 2 Bedroom Apartments

Summit Place Apartments

7 Upper Church StWest Springfield, MA 01089
  • Utilities Included
close
View Me
Holly House
Studio to 1 Bedroom Apartments

Holly House

23 Holly House StLitchfield, CT 06759
close
View Me
Lansdowne Place
1 to 2 Bedroom Apartments

Lansdowne Place

38 Thomas StWestfield, MA 01085
  • Smoke Free

Monterey, MA Local Guide

Cheapest Available Monterey Apartments for Rent and Nearby

 

The cheapest available apartment rental in Monterey, MA is a Studio unit found at Gilbert Clock Apartments priced from $900. Brookgate Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here is today’s list of the most affordable Monterey apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Gilbert Clock ApartmentsStudioStudio,1BA$900
Brookgate ApartmentsStudioStudio,1BA$950
Winthrop Court ApartmentsStudioStudio,1BA$950
Lenox Schoolhouse ApartmentsLarge Studio 55 and OlderStudio,1BA$1,015
Valley View ApartmentsStudioStudio,1BA$1,095

Best Value Apartments for Rent in Monterey, MA and Nearby

As of April 15, 2025 the best value apartment in the Monterey area is the $1.78 price per square foot 2Bd/2Ba - New Construction walk out Basement Model at Stissing Farm Townhomes in the starting from $2,488. The second greatest value Monterey apartment is the Floor Plan B Model at Devonshire Place Apartments starting at $1,850 with a $1.79 price per square foot in the Downtown Holyoke 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.
Stissing Farm Townhomes2Bd/2Ba - New Construction walk out Basement2BR,2BA$1.78
Devonshire Place ApartmentsFloor Plan B2BR,2BA$1.79
Longhill Gardens2 Bedroom2BR,1BA$1.97
Mill at Still RiverOne Bedroom Classic1BR,1BA$1.97
Pinetree Apartments1 BD/1 BA1BR,1BA$1.56
Lenox Schoolhouse ApartmentsLarge Studio 55 and OlderStudio ,1BA$1.67
Hilltop Garden ApartmentsOne Bedroom1BR,1BA$1.92
Gilbert Clock ApartmentsStudioStudio ,1BA$1.50
Winthrop Court ApartmentsStudioStudio ,1BA$1.98
Brookgate ApartmentsStudioStudio ,1BA$1.98

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, MA Rentals by Map

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

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 Gilbert Clock Apartments listed at $900.

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

The lowest price for a Cheap One Bedroom Monterey Apartment is $1,050 at Brookgate Apartments.

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 $1,173 at Pinetree Apartments.

What is the most affordable Monterey Three Bedroom Apartment?

The best deal on a cheap Monterey Three Bedroom Apartment rental is at The Grand Luxury Apartments and Homes and starts from $2,736.

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 Know Your Rights - How Discrimination Laws Impact Landlords & Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords & Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.