
Cheap Apartments for Rent in the Monterey Neighborhood of Jacksonville, FL from $500 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the Monterey area of Jacksonville.


Golden Shores of Jacksonville

Trollie Lane Apartments

Arco Place Apartments

Palms of Arlington

Alderman Park Apartments
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1851 E 24th St
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1778 E 30th St

Franklin Arms Apartments - Near downtown
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3436 Franklin St
Jacksonville's Best Affordable Neighborhoods
Learn about Jacksonville and the best places to live with original content written by Local Expert Chuck Navarra
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 | $939 | $757 | $1,339 |
| Monterey 1 Bedroom Apartments | $1,069 | $743 | $1,490 |
| Monterey 2 Bedroom Apartments | $1,262 | $925 | $2,149 |
| Monterey 3 Bedroom Apartments | $1,713 | $1,332 | $2,089 |
| Monterey 4 Bedroom Apartments | $1,350 | $1,350 | $1,350 |
Browse Apartments in this Neighborhood
There are currently 29 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
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Cheapest Available Monterey Apartments for Rent
 The cheapest available apartment rental in the Monterey area of Jacksonville, FL is a Studio unit found at Villager priced from $685. French Courtyard has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here are the most affordable Monterey apartments for rent in Jacksonville, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Villager | Villager - Studio | Studio,1BA | $685 |
| French Courtyard | 1 Bed 1 Bath | 1BR,1BA | $700 |
| Golden Shores of Jacksonville | Lake studio | Studio,1BA | $757 |
| Trollie Lane Apartments | 1 Bed | 1BR,1BA | $800 |
| Caroline Village | 1 Bedroom - 740 | 1BR,1BA | $875 |
| Red Bay Apartment Complex | Mangrove(1 Bed 1 Bath) | 1BR,1BA | $950 |
| The Square at 59 Caroline | The Ashton | 1BR,1BA | $955 |
| Tree House | A4 1 BED 1 BATH | 1BR,1BA | $961 |
| Tree Hill | 1X1 | 1BR,1BA | $995 |
Best Value Apartments for Rent in Monterey, FL
As of January 03, 2026 the best value apartment in the Monterey area is the $0.70 price per square foot Flats Model at Jackson Commons in the in the Arlington neighborhood starting from $955. The second greatest value Monterey apartment is the 2 Bed 1.5 Bath Model at Yellow Pine Townhomes starting at $1,025 with a $0.93 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 | Flats | 2BR,2BA | $0.70 |
| Yellow Pine Townhomes | 2 Bed 1.5 Bath | 2BR,1.5BA | $0.93 |
| Magnolia Village | 1 | 1BR,1BA | $1.39 |
| Alderman Park Apartments | A2-Premium | 2BR,1BA | $1.30 |
| Red Bay Apartment Complex | Mangrove(1 Bed 1 Bath) | 1BR,1BA | $1.07 |
| Tree House | A2 1 BED 1 BATH | 1BR,1BA | $1.41 |
| 1184 E 18th St, Unit B | 1184 E 18th St | 2BR,1BA | $1.32 |
| Villager | Villager - 1 Bedroom | 1BR,1BA | $1.16 |
| Trollie Lane Apartments | 1 Bed | 1BR,1BA | $1.27 |
| French Courtyard | 1 Bed 1 Bath | 1BR,1BA | $1.40 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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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 LifestyleMonterey, Jacksonville, FL
Ranked #137
Among cities in Florida for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet 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 $995.
What is the price of a cheap apartment in Monterey?
The cheapest apartment in Monterey is French Courtyard which is listed at $700, 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 19 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 $326 which is $1,333 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.
Articles, How-To's, and Tips

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.

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.


















