Cheap Apartments for Rent in the Lake Monroe Neighborhood of Sanford, FL from $500 (14 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lake Monroe area of Sanford.

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Overlook at Monroe
1 to 3 Bedroom Apartments

Overlook at Monroe

100 Willner CirSanford, FL 32771
  • Utilities Included
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Warley Park
1 Bedroom Apartments

Warley Park

1500 W 25th StSanford, FL 32771
  • Utilities Included

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property at 1113 S Park Ave

1113 S Park Ave

SanfordFL32771

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Cheapest Available Lake Monroe Apartments for Rent

 

The cheapest available apartment rental in the Lake Monroe area of Orlando, FL is a 1 Bed unit found at Warley Park priced from $1,024. Hatteras Sound Apartment Homes has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,044. Here are the most affordable Lake Monroe apartments for rent in Orlando, FL:

Apartment ListingModel NameBed/BathPriced From
Warley ParkOne Bed\One Bath1BR,1BA$1,024
Hatteras Sound Apartment HomesTwo Bedroom Two Bathroom 60%2BR,2BA$1,044
Solace TimacuanThe Carriage House1BR,1BA$1,279
Sanford Landing ApartmentsCrescent1BR,1BA$1,290
Topaz RivieraCapri1BR,1BA$1,299

Best Value Apartments for Rent in Lake Monroe, FL

As of May 11, 2025 the best value apartment in the Lake Monroe area is the $1.19 price per square foot Four Split Model at Stratford Point in the in the Sterling Meadows neighborhood starting from $1,588. The second greatest value Lake Monroe apartment is the C1 Model at Story Sanford starting at $2,395 with a $1.92 price per square foot in the Wilson Park neighborhood. Here is today’s list of the best values for Lake Monroe apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Stratford PointFour Split4BR,2BA$1.19
Story SanfordC13BR,2BA$1.92
Hatteras Sound Apartment HomesThree Bedroom Two Bathroom MKT3BR,2BA$1.23
Bell Lake ForestB2E2BR,2BA$1.72
Arbor Lakes ApartmentsHamilton2BR,2BA$1.55
Regatta ShoresHarbour2BR,2BA$1.55
MAA Town Park Reserve11A Floor Plan1BR,1BA$1.61
Sanford Landing ApartmentsCrescent1BR,1BA$1.72
Topaz RivieraCapri1BR,1BA$1.90
Warley ParkOne Bed\One Bath1BR,1BA$1.77

Frequently Asked Questions about Cheap Lake Monroe Apartments

What is the price of a cheap apartment in Lake Monroe?

The cheapest apartment in Lake Monroe is Warley Park which is listed at $1,024, while the average apartment in Lake Monroe costs $2,715.

What types of apartments are the cheapest in Lake Monroe?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3 regular apartments in Lake Monroe that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Lake Monroe?

Cheap apartments in Lake Monroe have an average cost of $317 which is $2,398 cheaper than the average rent for all rentals in Lake Monroe.

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