Cheap Apartments for Rent in the Monterey Neighborhood of Jacksonville, FL from $500 (51 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Monterey area of Jacksonville.

property at 5654 Baywood Ter

$600

Total Monthly Price

Total Monthly Price

Base Rent
$600

Total Monthly Price
$600

1 Bedroom, 1 Bath Home for Rent

Available Now

5654 Baywood Ter

JacksonvilleFL32211

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.

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.

close
View Me
Eagles Court
Studio Apartments

Eagles Court

2705-2753 Stardust CtJacksonville, FL 32211
  • Utilities Included
close
View Me
Eagle Pointe
1 to 2 Bedroom Apartments

Eagle Pointe

5611 Holly Bell DrJacksonville, FL 32277
  • Utilities Included
close
View Me
Cambridge Park
Studio to 2 Bedroom Apartments

Cambridge Park

1110 Caliente DrJacksonville, FL 32211
  • Utilities Included
close
View Me
The Villager
1 Bedroom Apartments

The Villager

2951 Justina RdJacksonville, FL 32277
  • Utilities Included

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.

close
View Me
Miramar
1 to 2 Bedroom Apartments

Miramar

3131 University Blvd NJacksonville, FL 32211
close
View Me
Eastside Garden
1 to 4 Bedroom Apartments

Eastside Garden

1212 E 1st StJacksonville, FL 32206
close
View Me
Villas at Woodlands
Studio to 2 Bedroom Apartments

Villas at Woodlands

7225 Crane AveJacksonville, FL 32216
close
View Me
Green Phin Flats
1 to 3 Bedroom Apartments

Green Phin Flats

3285 University Blvd NJacksonville, FL 32277
  • Utilities Included
close
View Me
Catalina
1 to 3 Bedroom Apartments

Catalina

840-900 Bert RdJacksonville, FL 32211
close
View Me
French Courtyard
1 Bedroom Apartments

French Courtyard

3253 Justina RdJacksonville, FL 32277
  • Utilities Included
close
View Me
Stardust
Studio to 2 Bedroom Apartments

Stardust

5772 Merrill RdJacksonville, FL 32277
close
View Me
Eastside Terrace
1 to 4 Bedroom Apartments

Eastside Terrace

1230 E 7th StJacksonville, FL 32206
close
View Me
Reserve At Waters
Studio to 2 Bedroom Apartments

Reserve At Waters

6100 Arlington ExpyJacksonville, FL 32211
  • Utilities Included

Looking for the Perfect Place? Top Neighborhoods to Rent Near major Employers in Jacksonville

Find your perfect rental in Jacksonville, FL! Insider guide to the best neighborhoods and apartments near major employers like Amazon, Mayo Clinic, and Baptist Health.

close
View Me
Cimarron Apartments
1 to 2 Bedroom Apartments

Cimarron Apartments

830 Arlington River DrJacksonville, FL 32211
  • Utilities Included
close
View Me
La Palma
1 to 2 Bedroom Apartments

La Palma

5522 Playa WayJacksonville, FL 32211
close
View Me
San Remo
1 to 3 Bedroom Apartments

San Remo

843 Alderman RdJacksonville, FL 32211
close
View Me
Grand Oaks
1 to 3 Bedroom Apartments

Grand Oaks

7201 ARLINGTON ExpyJacksonville, FL 32211
close
View Me
Silversmith Creek
1 to 3 Bedroom Apartments

Silversmith Creek

7211 Crane AveJacksonville, FL 32216
close
View Me
The Lakeside Nest
1 to 3 Bedroom Apartments

The Lakeside Nest

2681 University Blvd NJacksonville, FL 32211
close
View Me
Chelsea Courtyards
1 to 3 Bedroom Apartments

Chelsea Courtyards

2260 University Blvd NJacksonville, FL 32211
  • Utilities Included
property at 1782 E 24th St

$999

2 Bedroom, 1 Bath Home for Rent

Available Now

1782 E 24th St

JacksonvilleFL32206

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Monterey, Jacksonville, FL Local Guide

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 ListingModel NameBed/BathPriced From
5140 River Bluff Lane0/1Studio,1BA$665
Golden Shores of JacksonvilleLake studioStudio,1BA$699
French Courtyard1 Bed 1 Bath1BR,1BA$750
Trollie Lane Apartments1 Bed1BR,1BA$800
Arco Place Apartments1BR1BR,1BA$818
Alderman Park ApartmentsA1S1BR,1BA$889
Palms of Arlington1 BR, 1 BTH1BR,1BA$894
Tree HouseA2 1 BED 1 BATH1BR,1BA$961
Pier 5350The DriftwoodStudio,1BA$979
Tree Hill1X11BR,1BA$995

Best Value Apartments for Rent in Monterey, FL

As of April 10, 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 2 Bed 1.5 Bath Model at Yellow Pine Townhomes starting at $1,072 with a $0.89 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Jackson Commons3x3 Flat3BR,3BA$0.70
Yellow Pine Townhomes2 Bed 1.5 Bath2BR,1.5BA$0.89
Caroline Village2 Bedroom - 9802BR,2BA$1.15
The Square at 59 CarolineThe Cosmopolitan2BR,1BA$1.26
Red Bay Apartment ComplexMangrove (Fully Renovated)1BR,1BA$1.30
Arco Place Apartments1BR1BR,1BA$1.02
Tree HouseA1 1 BED 1 BATH1BR,1BA$1.28
Alderman Park ApartmentsA1S1BR,1BA$1.19
Caliente Apartments2BR, 1 BTH2BR,1BA$1.45
Trollie Lane Apartments1 Bed1BR,1BA$1.27

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

Read Article
Decorative image

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 Article
Decorative image

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 Article
Decorative image

The 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 Article
Decorative image

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.

Read Article
Decorative image

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
Monterey, Jacksonville, FL

Ranked #138

Among cities in Florida for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

decorative image of woman handing cat to small boy

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 $995.

What is the price of a cheap apartment in Monterey?

The cheapest apartment in Monterey is French Courtyard which is listed at $750, while the average apartment in Monterey costs $1,659.

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 26 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 $390 which is $1,269 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

decorative image for A Local Experts Guide To 10 Budget-Friendly Neighborhoods to Rent in the Jacksonville Area article

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.

decorative image for Jacksonville Student Housing Guide: Where to Rent Near UNF, JU, FSCJ and EWU article

Jacksonville Student Housing Guide: Where to Rent Near UNF, JU, FSCJ and EWU

Written by: Allaire Williams

Hello there! I'm Allaire, your ApartmentHomeLiving.

decorative image for Looking for the Perfect Place? Top Neighborhoods to Rent Near major Employers in Jacksonville article

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.

Articles, How-To's, and Tips

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.