
Cheap Apartments for Rent in the Monterey Neighborhood of Orlando, FL from $500 (4 Rentals)
Search the lowest-cost Apartments available for rent right now in the Monterey area of Orlando.

Orlando's Best Affordable Neighborhoods
Learn about Orlando and the best places to live with original content written by our Local Expert Darla F
Monterey, Orlando, FL Local Guide

How much does it cost to rent an apartment in Monterey?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Monterey Studio Apartments | $1,713 | $1,125 | $2,320 |
Monterey 1 Bedroom Apartments | $1,756 | $895 | $4,448 |
Monterey 2 Bedroom Apartments | $2,089 | $1,398 | $6,299 |
Monterey 3 Bedroom Apartments | $2,315 | $1,742 | $4,263 |
Browse Apartments in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Monterey Neighborhood of Orlando, FL.
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Monterey, Orlando, FL Local Guide
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Best Value Apartments for Rent in Monterey, FL
As of April 07, 2025 the best value apartment in the Monterey area is the $1.67 price per square foot The Robellini Model at Avery Place Villas in the in the Lake Underhill neighborhood starting from $2,198. The second greatest value Monterey apartment is the The Cypress Model at Cypress Run starting at $2,025 with a $1.69 price per square foot in the Mariner's Village neighborhood. Here is today’s list of the best values for Monterey apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Avery Place Villas | The Robellini | 3BR,2BA | $1.67 |
Cypress Run | The Cypress | 3BR,2BA | $1.69 |
The Oasis at Crosstown | Sanctuary | 1BR,1BA | $1.93 |
The Canopy Apartment Villas | A1 | 1BR,1BA | $1.73 |
Rosehill Preserve | MULBERRY | 1BR,1BA | $1.82 |
Woodlake Villas | 1x1 | 1BR,1BA | $1.86 |
Royal Isles | The Shenandoah | 1BR,1BA | $1.72 |
Bridgewater by Trion Living | 1 Bedroom | 1BR,1BA | $1.96 |
Harper Grand | The Mason | 1BR,1BA | $2.22 |
Sunset Place | A2P | Studio ,1BA | $2.14 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleMonterey, Orlando, FL
Ranked #119
Among neighborhoods in Orlando, FL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Monterey, Orlando, FL
School data provided by Great Schools
Lifestyle Ratings
Our team of engineers and researchers is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States, including Orlando. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for outdoor amenities like tennis courts, luxury amenities, transit availability, pet-friendly communities, apartment communities for the kids, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!
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 Barber Park Apartments listed at $1,125.
How much is rent for a Cheap One Bedroom Monterey Apartment?
The lowest price for a Cheap One Bedroom Monterey Apartment is $1,184 at Royal Isles.
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 $1,398 at Royal Isles.
What is the most affordable Monterey Three Bedroom Apartment?
The best deal on a cheap Monterey Three Bedroom Apartment rental is at Cypress Run and starts from $2,025.
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.

An Orlando Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent
Written by: Darla F
For many, Orlando is the place where you vacation, not live. However, this city, located in the central region of Florida, offers a vibrant tech community, plenty of outdoor activities, and some of the best schools in the country.

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.