
Cheap Apartments for Rent in the Monterey Neighborhood of Orlando, FL from $500 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the Monterey area of Orlando.


Blossom Corners Apartments
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

6052 Appian Way
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 | $1,667 | $1,040 | $2,163 |
Monterey 1 Bedroom Apartments | $1,732 | $895 | $3,123 |
Monterey 2 Bedroom Apartments | $2,017 | $1,340 | $3,715 |
Monterey 3 Bedroom Apartments | $2,258 | $1,703 | $4,246 |
Monterey 4 Bedroom Apartments | $2,235 | $2,235 | $2,235 |
Browse Apartments in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Monterey Neighborhood of Orlando, FL.
See all Apartments in OrlandoExplore Orlando
Monterey, Orlando, FL Local Guide
- Nearby Orlando neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Monterey Apartments for Rent
 The cheapest available apartment rental in the Monterey area of Orlando, FL is a Studio unit found at Sunset Place priced from $1,139. Royal Isles has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,167. Here are the most affordable Monterey apartments for rent in Orlando, FL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Sunset Place | A1 | Studio,1BA | $1,139 |
Royal Isles | The Shenandoah | 1BR,1BA | $1,167 |
Woodlake Villas | Studio | Studio,1BA | $1,210 |
Best Value Apartments for Rent in Monterey, FL
As of April 28, 2025 the best value apartment in the Monterey area is the $1.76 price per square foot The Robellini Model at Avery Place Villas in the in the Lake Underhill neighborhood starting from $2,317. The second greatest value Monterey apartment is the B2TR Model at The Canopy Apartment Villas starting at $2,037 with a $1.76 price per square foot in the Lake Underhill 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 | $1.76 |
The Canopy Apartment Villas | B2TR | 2BR,2BA | $1.76 |
Cadence Crossing | Beautifully Upgraded Apartment Homes! Reduced R... | 2BR,2BA | $1.77 |
The Oasis at Crosstown | Sanctuary | 1BR,1BA | $1.97 |
Royal Isles | The Shenandoah | 1BR,1BA | $1.67 |
Bridgewater by Trion Living | 1 Bedroom | 1BR,1BA | $1.98 |
Rosehill Preserve | ASTER | 1BR,1BA | $2.20 |
Cypress Run | The Pine | 1BR,1BA | $2.17 |
Sunset Place | A1 | Studio ,1BA | $1.90 |
Blossom Corners Apartments | 1 bed 1 bath Galley Laminated | 1BR,1BA | $2.25 |
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.
Pet Friendly LifestyleMonterey, Orlando, FL
Ranked #131
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 Sunset Place listed at $1,139.
How much is rent for a Cheap One Bedroom Monterey Apartment?
The lowest price for a Cheap One Bedroom Monterey Apartment is $1,155 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 $1,340 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 $1,885.
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 Ferrara
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.

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.

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.