
Cheap Apartments for Rent in the Monterey Neighborhood of Jacksonville, FL from $500 (50 Rentals)
Search the lowest-cost Apartments available for rent right now in the Monterey area of Jacksonville.


1524 Dyal St

Golden Shores of Jacksonville

Alderman Park Apartments

1311 Morgana Rd

Arco Place Apartments

5644 Windermere Dr

Palms of Arlington

912 Arco Dr

Townsend Apartments
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.

Total Monthly Price
1361 Bridier st, Unit Apt. 2, Unit Apt. 2

5511 Los Santos Way

The Square at 59 Caroline

Caroline Village

Tree House

Pier 5350

Caliente Apartments

Renaissance at Strawberry Creek Apartments

Trollie Lane Apartments

Eagles Court
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.

1778 E 30th St

Eagle Pointe

Cambridge Park

1851 E 24th St

5140 River Bluff Lane

The Villager

Miramar

Eastside Garden

Villas at Woodlands

Green Phin Flats
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.

Catalina

Franklin Arms Apartments - Near downtown

Stardust

Eastside Terrace

French Courtyard

Reserve At Waters

Cimarron Apartments

La Palma

San Remo

Castille Court 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.

Grand Oaks

1131 Phelps St

Silversmith Creek

1782 E 24th St

The Lakeside Nest

Villager

Chelsea Courtyards

1135 Caliente Dr

707 Franklin St

3303 Jones St
Unlocking Coastal Value: Why Renting in Jacksonville is the Best-Kept Secret for Affordable Living in the Sunshine State
Want the Florida lifestyle without the Florida prices? Explore Jacksonville's cost-of-living secret, diverse neighborhoods, and vibrant community. Find your Jacksonville apartment today!
Monterey, Jacksonville, FL Local Guide

How much does it cost to rent an apartment in Monterey?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monterey Studio Apartments | $942 | $699 | $1,295 |
| Monterey 1 Bedroom Apartments | $1,056 | $799 | $1,490 |
| Monterey 2 Bedroom Apartments | $1,233 | $935 | $1,480 |
| Monterey 3 Bedroom Apartments | $1,612 | $1,393 | $1,901 |
Browse Apartments in this Neighborhood
There are currently 50 rentals with your search options within a 2 mile radius of the Monterey Neighborhood of Jacksonville, FL.
See all Apartments in JacksonvilleExplore Jacksonville
Monterey, Jacksonville, FL Local Guide
- Nearby Jacksonville neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Monterey Apartments for Rent
 The cheapest available apartment rental in the Monterey area of Jacksonville, FL is a Studio unit found at 5140 River Bluff Lane priced from $665. Golden Shores of Jacksonville has the second lowest priced unit, which is a Studio apartment currently listed from $699. Here are the most affordable Monterey apartments for rent in Jacksonville, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 5140 River Bluff Lane | 0/1 | Studio,1BA | $665 |
| Golden Shores of Jacksonville | Lake studio | Studio,1BA | $699 |
| French Courtyard | 1 Bed 1 Bath | 1BR,1BA | $810 |
| Arco Place Apartments | 1BR | 1BR,1BA | $818 |
| Tree Hill | 1X1 | 1BR,1BA | $875 |
| Palms of Arlington | 1 BR, 1 BTH | 1BR,1BA | $894 |
| The Square at 59 Caroline | The Ashton | 1BR,1BA | $950 |
| Tree House | A1 1 BED 1 BATH | 1BR,1BA | $964 |
| Alderman Park Apartments | B1C | 2BR,1BA | $974 |
Best Value Apartments for Rent in Monterey, FL
As of May 27, 2026 the best value apartment in the Monterey area is the $0.70 price per square foot 3x3 Flat Model at Jackson Commons in the in the Arlington neighborhood starting from $945. The second greatest value Monterey apartment is the 1 Model at Magnolia Village starting at $1,417 with a $1.41 price per square foot in the Arlington 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. |
|---|---|---|---|
| Jackson Commons | 3x3 Flat | 3BR,3BA | $0.70 |
| Magnolia Village | 1 | 1BR,1BA | $1.41 |
| Red Bay Apartment Complex | Mangrove (Fully Renovated) | 1BR,1BA | $1.30 |
| Oasis at San Marco | 2/1.5 Signature | 2BR,1.5BA | $1.33 |
| Arco Place Apartments | 1BR | 1BR,1BA | $1.02 |
| Tree House | A1 1 BED 1 BATH | 1BR,1BA | $1.29 |
| Alderman Park Apartments | A1 | 1BR,1BA | $1.06 |
| Renaissance at Strawberry Creek Apartments | 1 Bedroom 1 Bath Renovated | 1BR,1BA | $1.38 |
| 1361 Bridier st, Unit Apt. 2 | 1361 Bridier st | 2BR,1BA | $1.34 |
| Caliente Apartments | 2BR, 1 BTH | 2BR,1BA | $1.45 |
Jacksonville Student Housing Guide: Where to Rent Near UNF, JU, FSCJ and EWU
From historic Riverside to coastal Jacksonville Beach, find your perfect student apartment. Local expert advice on UNF, JU, and FSCJ neighborhoods and rent costs.
Read ArticleDon'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 LifestyleMonterey, Jacksonville, FL
Ranked #117
Among cities in Florida for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Monterey, Jacksonville, FL
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities and towns, and rental properties across Florida and customized analysis for Jacksonville, Florida. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and proximity to parks, pet-friendly features, places to raise kids, proximity to transit, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Monterey Apartments
What is a cheap apartment in Monterey?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Monterey is under $974.
What is the price of a cheap apartment in Monterey?
The cheapest apartment in Monterey is Alderman Park Apartments which is listed at $794, while the average apartment in Monterey costs $1,612.
What types of apartments are the cheapest in Monterey?
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 42 regular apartments in Monterey 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 Monterey?
Cheap apartments in Monterey have an average cost of $365 which is $1,247 cheaper than the average rent for all rentals in Monterey.
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 Local Experts Guide To 10 Budget-Friendly Neighborhoods to Rent in the Jacksonville Area
Written by: Chuck Navarra
Hey there! I’m Chuck, your ApartmentHomeLiving.com local Expert! I've joined Jaguars fans many times on Sundays to hear their rallying cry, "Duuuval!", but there's so much more to enjoy here in one of the nation's largest cities.

Jacksonville Student Housing Guide: Where to Rent Near UNF, JU, FSCJ and EWU
Written by: Allaire Williams
Hello there! I'm Allaire, your ApartmentHomeLiving.

Looking for the Perfect Place? Top Neighborhoods to Rent Near major Employers in Jacksonville
Written by: Allaire Williams
I’m Allaire, your ApartmentHomeLiving.com Local Expert for Jacksonville, Florida.

Unlocking Coastal Value: Why Jacksonville is the Best-Kept Secret for Affordable Living in the Sunshine State
Written by: Allaire Williams
I’m Allaire, your ApartmentHomeLiving.com Local Expert for Jacksonville, Florida. I’ve been in and around Jacksonville for many years and want to make sure you’re making informed decisions.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.