Cheap Apartments for Rent in the Monterrey Terrace Neighborhood of Renton, WA from $700 (13 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 the Monterrey Terrace area of Renton.

close
View Me
Arbour Apartments
1 to 2 Bedroom Apartments

Arbour Apartments

2200-2202 NE 10th PlRenton, WA 98056
Utilities inc.
close
View Me
Roxy Apartments
Studio to 2 Bedroom Apartments

Roxy Apartments

280 Morris Ave SRenton, WA 98057

Seattle's Best Affordable Neighborhoods

Learn about Seattle, WA and the best places to live with original content written by our Local Expert Sharon Stallings

close
View Me
Divine Suites
Studio Apartments

Divine Suites

334 Wells Ave SRenton, WA 98057
Senior Living
Utilities inc.

Monterrey Terrace, Renton, WA Local Guide

Cheapest Available Monterrey Terrace Apartments for Rent

 

The cheapest available apartment rental in the Monterrey Terrace area of Seattle, WA is a Studio unit found at Riviera Apartments priced from $1,100. Constellation has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,452. Here are the most affordable Monterrey Terrace apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
Riviera ApartmentsStudio Layout 1Studio,1BA$1,100
ConstellationVela1BR,1BA$1,452
Highland Palms2BR/1.0BA2BR,1BA$1,495
RENTON SAGE APARTMENTS1x1 Classic1BR,1BA$1,508
Maplewood Park1x11BR,1BA$1,529

Best Value Apartments for Rent in Monterrey Terrace, WA

As of February 22, 2025 the best value apartment in the Monterrey Terrace area is the $1.81 price per square foot Three Bedroom, Two Bathroom (1217 sq ft) Model at Alaire Apartment Homes in the in the Highlands Park neighborhood starting from $2,206. The second greatest value Monterrey Terrace apartment is the Martinique Model at Pinnacle on Lake Washington starting at $2,710 with a $2.23 price per square foot in the Highlands Park neighborhood. Here is today’s list of the best values for Monterrey Terrace apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Alaire Apartment HomesThree Bedroom, Two Bathroom (1217 sq ft)3BR,2BA$1.81
Pinnacle on Lake WashingtonMartinique2BR,2BA$2.23
Bella VistaFairwinds2BR,2BA$2.40
Hilltop in the HighlandsPlan B22BR,2BA$2.12
Peak 882x12BR,1BA$2.32
The Fulton ApartmentsOne Bedroom 7871BR,1BA$2.41
Heritage Grove1x11BR,1BA$2.49
Highland Palms2BR/1.0BA2BR,1BA$2.09
Revo 225 ApartmentsSTUDIOStudio ,1BA$2.50
ConstellationVela1BR,1BA$2.34

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

Pet Friendly Lifestyle
Monterrey Terrace, Renton, WA

Ranked #24

Among neighborhoods in Renton, WA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities and towns across the United States including Monterrey Terrace, Renton, and the greater Seattle area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, features that make it easier to raise kids, raising pets, transit options, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Monterrey Terrace Apartments

What is the Cheapest Studio apartment in Monterrey Terrace?

Currently the most affordable Cheap Studio Apartment in Monterrey Terrace is at Riviera Apartments listed at $1,100.

How much is rent for a Cheap One Bedroom Monterrey Terrace Apartment?

The lowest price for a Cheap One Bedroom Monterrey Terrace Apartment is $1,325 at Riviera Apartments.

What is the lowest price for a Cheap Two Bedroom Monterrey Terrace Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Monterrey Terrace is starting from $1,495 at Highland Palms.

What is the most affordable Monterrey Terrace Three Bedroom Apartment?

The best deal on a cheap Monterrey Terrace Three Bedroom Apartment rental is at Alaire Apartment Homes and starts from $2,206.

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 The 10 Best Affordable Neighborhoods in Seattle, WA article

The 10 Best Affordable Neighborhoods in Seattle, WA

Written by: Sharon Stallings

I'm Sharon, your ApartmentHomeLiving.com Local Expert for Seattle, Washington. My husband, two children, and I moved to West Seattle in 1995.

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 What to Know About Fees and Fines When Renting article

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.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.