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1 to 3 Bedroom Apartments
Sea Grape Apartments
7159 Overseas HwyMarathon, FL 33050
Cheap Apartments for Rent in Monroe County, FL from $400 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in Monroe County.
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1 to 3 Bedroom Apartments
Meridian West
6701 Shrimp RdKey West, FL 33040
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3 Bedroom Apartments
Wet Net Villas
81101 Overseas HwyIslamorada, FL 33036
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.
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2 Bedroom Apartments
Atlantic Pines Apartments
400 County RdBig Pine Key, FL 33043
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1 to 3 Bedroom Apartments
Tradewinds Hammocks
100 Hammocks TrlKey Largo, FL 33037
3430 Eagle Ave
Key WestFL33040
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.
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Monroe County, FL Local Guide
Palmeras by Pablo FJ is licensed under CC BY 2.0
How much does it cost to rent an apartment in Monroe County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monroe County Studio Apartments | $2,481 | $1,700 | $2,997 |
| Monroe County 1 Bedroom Apartments | $2,996 | $1,700 | $7,500 |
| Monroe County 2 Bedroom Apartments | $3,244 | $2,200 | $9,000 |
| Monroe County 3 Bedroom Apartments | $4,968 | $2,835 | $10,000+ |
| Monroe County 4 Bedroom Apartments | $13,918 | $10,000 | $10,000+ |
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Cheapest Available Monroe County Apartments for Rent
The cheapest available apartment rental in Monroe County, FL is a 1 Bed unit found at Playa Apartments in the Sunset Point neighborhood priced from $1,999. Keys Lake Villas in the Garden Cove neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $2,250. Here is today’s list of the most affordable Monroe County apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Playa Apartments | DRIFT | 1BR,1BA | $1,999 |
| Keys Lake Villas | B | 2BR,2BA | $2,250 |
| CoCo Vista | 1 Bedroom 1 Bathroom | 1BR,1BA | $2,349 |
Best Value Apartments for Rent in Monroe County, FL
As of January 12, 2026 the best value apartment in the Monroe County area is the $2.04 price per square foot B Model at Keys Lake Villas in the in the Garden Cove neighborhood starting from $2,250. The second greatest value Monroe County apartment is the 3 Bedroom Model at NAS Key West Homes starting at $4,300 with a $4.03 price per square foot in the Key West Golf Club neighborhood. Here is today’s list of the best values for Monroe County apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Keys Lake Villas | B | 2BR,2.5BA | $2.04 |
| NAS Key West Homes | 3 Bedroom | 3BR,2BA | $4.03 |
| Playa Apartments | BREEZE | 2BR,2BA | $2.27 |
| The Quarry | Coppitt Cove | 2BR,2BA | $2.97 |
| 1220 3rd St, Unit UP | 1220 3rd St | 2BR,1BA | $3.94 |
| CoCo Vista | 1 Bedroom 1 Bathroom | 1BR,1BA | $3.45 |
| Ocean Walk | The Sand Dollar | 1BR,1BA | $3.87 |
| 134 Burgundy Dr, Unit 1 | 134 Burgundy Dr | 1BR,1BA | $3.17 |
| 14 Sunset Rd, Unit Downstairs Studio | 14 Sunset Rd | Studio ,1BA | $3.78 |
| 14 Sunset Rd, Unit Studio | 14 Sunset Rd | 1BR,1BA | $3.78 |
Frequently Asked Questions about Cheap Monroe County Apartments
What is the price of a cheap apartment in Monroe County?
The cheapest apartment in Monroe County is Playa Apartments which is listed at $1,999, while the average apartment in Monroe County costs $14,000.
What types of apartments are the cheapest in Monroe County?
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 5 regular apartments in Monroe County 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 Monroe County?
Cheap apartments in Monroe County have an average cost of $364 which is $13,636 cheaper than the average rent for all rentals in Monroe County.
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 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.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!