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.
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El Dorado Senior Apartments 55 or Over
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Blossom Corners Apartments
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
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How much does it cost to rent an apartment in Monterey?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Monterey Studio Apartments | $1,647 | $1,040 | $2,206 |
Monterey 1 Bedroom Apartments | $1,652 | $543 | $2,974 |
Monterey 2 Bedroom Apartments | $2,089 | $651 | $6,204 |
Monterey 3 Bedroom Apartments | $2,234 | $1,255 | $3,718 |
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.
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Monterey, Orlando, FL Local Guide
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Cheapest Available Monterey Apartments for Rent
 The cheapest available apartment rental in the Monterey area of Orlando, FL is a 1 Bed unit found at HOLLOW BROOK priced from $543. Blossom Corners Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,040. Here are the most affordable Monterey apartments for rent in Orlando, FL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
HOLLOW BROOK | 1 Bedroom 1 Bathroom | 1BR,1BA | $543 |
Blossom Corners Apartments | Studio Laminate | Studio,1BA | $1,040 |
Barber Park Apartments | Laketree | Studio,1BA | $1,141 |
Best Value Apartments for Rent in Monterey, FL
As of March 02, 2025 the best value apartment in the Monterey area is the $1.58 price per square foot The Robellini Model at Avery Place Villas in the in the Lake Underhill neighborhood starting from $2,086. The second greatest value Monterey apartment is the 2 Bedroom 2 Bathroom Model at HOLLOW BROOK starting at $1,520 with a $1.38 price per square foot in the East Central Park 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 | $1.58 |
HOLLOW BROOK | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.38 |
The Canopy Apartment Villas | B1R | 2BR,1.5BA | $1.75 |
The Oasis at Crosstown | Allure | 1BR,1BA | $1.95 |
Cypress Run | The Willow | 1BR,1BA | $1.81 |
Royal Isles | The Shenandoah | 1BR,1BA | $1.79 |
Cadence Crossing | Our one bedroom premier units are on fire! Appl... | 1BR,1BA | $1.81 |
Bridgewater by Trion Living | 1 Bedroom | 1BR,1BA | $1.59 |
Rosehill Preserve | ASTER | 1BR,1BA | $2.07 |
Sunset Place | A1P | Studio ,1BA | $2.18 |
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 #110
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
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 Blossom Corners Apartments listed at $1,040.
How much is rent for a Cheap One Bedroom Monterey Apartment?
The lowest price for a Cheap One Bedroom Monterey Apartment is $543 at HOLLOW BROOK.
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 $651 at HOLLOW BROOK.
What is the most affordable Monterey Three Bedroom Apartment?
The best deal on a cheap Monterey Three Bedroom Apartment rental is at HOLLOW BROOK and starts from $753.
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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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.
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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.