
Cheap Apartments for Rent in the Monticello Neighborhood of Annapolis, MD from $800 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the Monticello area of Annapolis.


Conte Lubrano Apartments

Harbour Gates Apartments

Total Monthly Price
Bayshore Landing

Westwinds Apartments

Bell Annapolis on West

Avalon Annapolis
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Spa Cove Apartments

Annapolis Bay

The Penny

Total Monthly Price
Maris

2001 Phillips Terrace

The James

Total Monthly Price
Aventon Annapolis
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.

8 Johnson Pl

2026 Governor Thomas Bladen Way

2002 Phillips Terrace

1972 Scotts Crossing Way, Unit 202

1972 Scotts Crossing Way

651 Burtons Cove Way

61 Harbour Heights Dr
Cash 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.

805 Latchmere Ct, Unit 201

Homes at the Glen

Wiley H. Bates

Wardour Bluffs Apartments

Towne Courts

1201 West Street

West Woods Apartments
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.

2707 Summerview Way
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 | $2,106 | $1,598 | $2,735 |
| Monticello 1 Bedroom Apartments | $2,324 | $1,277 | $4,120 |
| Monticello 2 Bedroom Apartments | $2,892 | $1,400 | $5,205 |
| Monticello 3 Bedroom Apartments | $3,218 | $1,700 | $6,007 |
Browse Apartments in this Neighborhood
There are currently 29 rentals with your search options within a 2 mile radius of the Monticello Neighborhood of Annapolis, MD.
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Monticello, Annapolis, MD Local Guide
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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. Harbour Gates Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,598. 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 |
| Harbour Gates Apartments | Studio | 1BR,1BA | $1,598 |
| Bayshore Landing | Catamaran | 1BR,1BA | $1,670 |
| Stone Point Apartments | Portsmouth | 1BR,1BA | $1,856 |
| West Woods Apartments | The Chesapeake | 1BR,1BA | $1,985 |
| Annapolis Bay | 1 Bedroom, 1 Bathroom 692 SF 11 | 1BR,1BA | $1,999 |
| Spa Cove Apartments | Chesapeake | 2BR,1BA | $2,102 |
| Westwinds Apartments | 1 Bedroom 1 Bath Renovated | 1BR,1BA | $2,180 |
| Avalon Annapolis | A2B - Finish Package I | 1BR,1BA | $2,195 |
| Crosswinds at Annapolis Town Center | Studio - A | Studio,1BA | $2,198 |
Best Value Apartments for Rent in Monticello, MD
As of June 22, 2026 the best value apartment in the Monticello area is the $2.06 price per square foot Chesapeake Model at Spa Cove Apartments in the in the Monticello neighborhood starting from $2,102. The second greatest value Monticello apartment is the Fenwick Variation (W/Den) Model at Stone Point Apartments starting at $2,703 with a $2.68 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. |
|---|---|---|---|
| Spa Cove Apartments | Chesapeake | 2BR,1BA | $2.06 |
| Stone Point Apartments | Fenwick Variation (W/Den) | 1BR,1BA | $2.68 |
| Mariner Bay at Annapolis Town Center | 1 bedroom/1 bath | 1BR,1BA | $3.18 |
| Obery Court | One Bedroom | 1BR,1BA | $1.64 |
| Maris | A2 | 1BR,1BA | $3.27 |
| West Woods Apartments | The Chesapeake | 1BR,1BA | $2.82 |
| Annapolis Bay | 1 Bedroom, 1 Bathroom 692 SF 11 | 1BR,1BA | $2.89 |
| Westwinds Apartments | 1 Bedroom 1 Bath Renovated | 1BR,1BA | $3.25 |
| Harbour Gates Apartments | Studio | Studio ,1BA | $3.10 |
| Bayshore Landing | Catamaran | 1BR,1BA | $3.57 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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 $2,198.
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 $3,022.
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 13 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 $288 which is $2,734 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

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.