Cheap Apartments for Rent in Monroe County, FL from $1,700 (29 Rentals)

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Search the lowest-cost Apartments available for rent right now in Monroe County.

property at 322 Little Miss Muffett Ln
$1,800

Total Monthly Price

Base Rent$1,800

Total Monthly Price$1,800
Studio, 1 Bath Home for Rent
Available Now
Furnished
property at 88500 Overseas Hwy
$2,200

Total Monthly Price

Base Rent$2,200

Total Monthly Price$2,200
Studio, 1 Bath Condo for Rent
Available Now
Furnished

88500 Overseas Hwy, Unit 433

88500 Overseas Hwy
TavernierFL33070

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Meridian West
1 to 3 Bedroom Apartments

Meridian West

6701 Shrimp RdKey West, FL 33040

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From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Wet Net Villas
3 Bedroom Apartments

Wet Net Villas

81101 Overseas HwyIslamorada, FL 33036
  • Utilities Included
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Banyan Grove Apartments
2 to 3 Bedroom Apartments

Banyan Grove Apartments

5455 MacDonald AveKey West, FL 33040
  • Utilities Included
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Flagler Village
1 to 3 Bedroom Apartments

Flagler Village

5300 Macdonald AveKey West, FL 33040
  • Utilities Included
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Tradewinds Hammocks
1 to 3 Bedroom Apartments

Tradewinds Hammocks

100 Hammocks TrlKey Largo, FL 33037
  • Utilities Included
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Poinciana Gardens
Studio to 2 Bedroom Apartments

Poinciana Gardens

1664 Dunlap DrKey West, FL 33040
Senior Living

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Seaward Landing
1 to 3 Bedroom Apartments

Seaward Landing

8700 Overseas HwyMarathon, FL 33050

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Arrive Key West
1 to 3 Bedroom Apartments

Arrive Key West

3333 Duck AveKey West, FL 33040
Military

Cheapest Available Monroe County Apartments for Rent

 

The cheapest available apartment rental in Monroe County, FL is a 2 Beds unit found at Keys Lake Villas in the Garden Cove neighborhood priced from $2,275. Playa Apartments in the Sunset Point neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,349. Here is today’s list of the most affordable Monroe County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Keys Lake VillasB2BR, 2BA$2,275
Playa ApartmentsDRIFT1BR, 1BA$2,349
Arrive Key WestApex1BR, 1BA$2,589
Seaward Landing22BR, 2BA$2,665
The QuarryCayo Cove1BR, 1BA$2,670
CoCo Vista2 Bedroom 2 Bathroom2BR, 2BA$2,699
Ocean WalkThe Wave Runner2BR, 2BA$2,894
Little Torch Cottages2 Bedroom 2.5 Bath Townhome2BR, 2BA$3,299
Lofts at Bahama VillageThree Bedroom3BR, 2BA$4,370

Best Value Apartments for Rent in Monroe County, FL

As of September 21, 2026 the best value apartment in the Monroe County area is the $5.73 price per square foot 4 Bed 3 Bath Single Family Home Waterview Model at Little Torch Cottages starting from $12,040. The second greatest value Monroe County apartment is the B Model at Keys Lake Villas in the Garden Cove neighborhood starting at $2,275 with a $2.06 price per square foot. Here is today’s list of the best values for Monroe County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Little Torch Cottages4 Bed 3 Bath Single Family Home Waterview4BR, 4BA$5.73
Keys Lake VillasB2BR, 2.5BA$2.06
1505 White St, Unit Large Two bedroom1505 White St2BR, 1BA$3.45
Lofts at Bahama VillageThree Bedroom3BR, 2BA$4.16
Seaward Landing22BR, 2BA$2.76
CoCo Vista2 Bedroom 2 Bathroom2BR, 2BA$2.95
Playa ApartmentsDRIFT1BR, 1BA$2.62
Ocean WalkThe Wave Runner2BR, 2BA$3.45
The QuarryCayo Cove1BR, 1BA$4.32
Arrive Key WestApex1BR, 1BA$5.01

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 $2,349, while the average apartment in Monroe County costs $3,200.

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 6 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 $331 which is $2,869 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

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.