Cheap Homes for Rent in Monterey Neighborhood of Jacksonville, FL from $500 (10 Rentals)

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

property at 5654 Baywood Ter

$500

Total Monthly Price

Total Monthly Price

Base Rent
$500

Total Monthly Price
$500

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.

property at 1782 E 24th St

$950

2 Bedroom, 1 Bath Home for Rent

Available Now

1782 E 24th St

JacksonvilleFL32206

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.

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
Alderman Park ApartmentsA11BR,1BA$794

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 ListingModel NameBed/BathPrice Per Sq.Ft.
Jackson Commons3x3 Flat3BR,3BA$0.70
Magnolia Village11BR,1BA$1.41
Red Bay Apartment ComplexMangrove (Fully Renovated)1BR,1BA$1.30
Oasis at San Marco2/1.5 Signature2BR,1.5BA$1.33
Arco Place Apartments1BR1BR,1BA$1.02
Tree HouseA1 1 BED 1 BATH1BR,1BA$1.29
Alderman Park ApartmentsA11BR,1BA$1.06
Renaissance at Strawberry Creek Apartments1 Bedroom 1 Bath Renovated1BR,1BA$1.38
1361 Bridier st, Unit Apt. 21361 Bridier st2BR,1BA$1.34
Caliente Apartments2BR, 1 BTH2BR,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.

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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.

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Real 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.

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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.

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Pet Friendly Lifestyle
Monterey, Jacksonville, FL

Ranked #117

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Monterey

What type of rentals are currently available in Monterey?

There are currently 117 Apartments for Rent in Monterey, FL with pricing that ranges from $699 to $1,901. There are also 62 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monterey ranging from $500 to $2,350.

What is the current price range for Rental Homes in Monterey?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Monterey ranges from $500 to $2,350 with an average monthly rent of $1,270.

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

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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.

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

Written by: Allaire Williams

Hello there! I'm Allaire, your ApartmentHomeLiving.

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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.

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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

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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.

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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.

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.

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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.