
Cheap Apartments for Rent in the Monticello Neighborhood of Annapolis, MD from $800 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the Monticello area of Annapolis.


Towne Courts

Conte Lubrano Apartments

Homes at the Glen
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Wiley H. Bates

Wardour Bluffs Apartments

111 Academy St

1201 West Street
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
Monticello, Annapolis, MD Local Guide

How much does it cost to rent an apartment in Monticello?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monticello Studio Apartments | $2,028 | $1,633 | $2,322 |
| Monticello 1 Bedroom Apartments | $2,236 | $1,277 | $2,774 |
| Monticello 2 Bedroom Apartments | $2,652 | $1,382 | $3,800 |
| Monticello 3 Bedroom Apartments | $2,804 | $1,700 | $4,253 |
Browse Apartments in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Monticello Neighborhood of Annapolis, MD.
See all Apartments in AnnapolisExplore Annapolis
Monticello, Annapolis, MD Local Guide
- Nearby Annapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Monticello Apartments for Rent
 The cheapest available apartment rental in the Monticello area of Baltimore, MD is a 1 Bed unit found at Obery Court priced from $1,277. Towne Courts has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,382. Here are the most affordable Monticello apartments for rent in Baltimore, MD:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Obery Court | One Bedroom | 1BR,1BA | $1,277 |
| Towne Courts | 2 Bedroom, 1.5 Bathroom - Accessible (Flat) | 2BR,1BA | $1,382 |
| Maris | E1 | Studio,1BA | $1,776 |
Best Value Apartments for Rent in Monticello, MD
As of February 05, 2026 the best value apartment in the Monticello area is the $1.58 price per square foot F Model at Conte Lubrano Apartments in the in the Monticello neighborhood starting from $1,995. The second greatest value Monticello apartment is the Choptank Model at Spa Cove Apartments starting at $2,608 with a $2.13 price per square foot in the Monticello neighborhood. Here is today’s list of the best values for Monticello apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Conte Lubrano Apartments | F | 2BR,2BA | $1.58 |
| Spa Cove Apartments | Choptank | 3BR,2BA | $2.13 |
| Towne Courts | 2 Bedroom, 1.5 Bathroom - Accessible (Flat) | 2BR,1.5BA | $1.26 |
| 2024 Gov Thomas Bladen Way, Unit Furnished | 2024 Gov Thomas Bladen Way | 2BR,2BA | $2.21 |
| Harbour Gates Apartments | 3 Bedrooms + 2 Baths | 3BR,2BA | $2.46 |
| Obery Court | One Bedroom | 1BR,1BA | $1.64 |
| Stone Point Apartments | Portsmouth | 1BR,1BA | $2.71 |
| Bell Annapolis on West | A1A | 1BR,1BA | $2.60 |
| West Woods Apartments | The Chesapeake | 1BR,1BA | $2.56 |
| Annapolis Bay | 1 Bedroom, 1 Bathroom 692 SF 11 | 1BR,1BA | $2.81 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick 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 LifestyleMonticello, Annapolis, MD
Ranked #2
Among cities in Maryland for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Monticello, Annapolis, MD
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Monticello, Annapolis, and the greater Baltimore 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 rankings of the best places for the best outdoor access, luxury amenities, places that make kids happy, 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 Monticello Apartments
What is a cheap apartment in Monticello?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Monticello is under $2,065.
What is the price of a cheap apartment in Monticello?
The cheapest apartment in Monticello is Obery Court which is listed at $1,277, while the average apartment in Monticello costs $2,790.
What types of apartments are the cheapest in Monticello?
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 12 regular apartments in Monticello 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 Monticello?
Cheap apartments in Monticello have an average cost of $396 which is $2,394 cheaper than the average rent for all rentals in Monticello.
Expert Rental Resources
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.
Helpful Local Expert Guides

A Baltimore Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent
Written by: Sarah Bregel
There are few cities more eclectic and diverse than Baltimore, Maryland. I should know. I've lived in various parts of Baltimore for most of my life.

Beyond the Classroom: Discovering Baltimores Best Student Friendly Neighborhoods
Written by: Sarah Bregel
Baltimore, Maryland is an incredibly vibrant town known for some amazing colleges. I had the pleasure of growing up sandwiched between a few of them.

Charm City Commute: The Best Baltimore Neighborhoods for Renting Near Top Employers
Written by: Sarah Bregel
Baltimore, Maryland may have a reputation for being crime-ridden and dirty (you really hurt us, The Wire). But honestly, as a longtime resident, I have to let you in on something: that couldn't be further from the truth.
Articles, How-To's, and Tips

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.