Cheap Homes for Rent in Monterey, TN from $700 (8 Rentals)

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Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Monterey, TN Local Guide

Cheapest Available Monterey Apartments for Rent and Nearby

 

The cheapest available apartment rental in Monterey, TN is a 1 Bed unit found at Cypress Creek Apartments priced from $710. University Towers has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Monterey apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cypress Creek Apartments1 Bedroom1BR,1BA$710
University TowersStudios1BR,1BA$800
Hillview Terrace Apartments1-bedroom1BR,1BA$850

Best Value Apartments for Rent in Monterey, TN and Nearby

As of April 25, 2025 the best value apartment in the Monterey area is the $0.92 price per square foot Springfield II Model at Copper Springs by Meadows Properties in the starting from $1,650. The second greatest value Monterey apartment is the 2 Bedroom 2.5 Bath Model at Saxony Apartment Homes starting at $1,500 with a $1.25 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.
Copper Springs by Meadows PropertiesSpringfield II3BR,2.5BA$0.92
Saxony Apartment Homes2 Bedroom 2.5 Bath2BR,2.5BA$1.25
ELEVEN503 Beds, 2 baths3BR,2BA$1.18
The Gables at Veterans1 Bedroom Penthouse1BR,1BA$1.32
Willow Park ApartmentsEagle2BR,1BA$1.23
Hillview Terrace Apartments1-bedroom1BR,1BA$1.13
Waters Edge Apartment HomesOne Bedroom1BR,1BA$1.33
Poplar Point Apartments2BR/1.0BA2BR,1BA$1.49
Cypress Creek Apartments1 Bedroom1BR,1BA$1.00
University TowersStudios1BR,1BA$2.05

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Frequently Asked Questions about Monterey

What type of rentals are currently available in Monterey?

There are currently 37 Apartments for Rent in Monterey, TN with pricing that ranges from $710 to $2,200. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monterey ranging from $725 to $3,950.

What is the current price range for Rental Homes in Monterey?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Monterey ranges from $725 to $3,950 with an average monthly rent of $1,632.

How much are larger Three and Four Bedroom Rentals in Monterey?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Monterey range from $756 to $1,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $2,400. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $813.

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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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and 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.

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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.