Cheap Apartments for Rent in Monroe County, FL from $400 (6 Rentals)

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

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Meridian West
1 to 3 Bedroom Apartments

Meridian West

6701 Shrimp RdKey West, FL 33040
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Wet Net Villas
3 Bedroom Apartments

Wet Net Villas

81101 Overseas HwyIslamorada, FL 33036
  • 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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Cheapest Available Monroe County Apartments for Rent

 

The cheapest available apartment rental in Monroe County, FL is a 1 Bed unit found at Seaward Landing priced from $2,300. Ocean Walk in the Key West Golf Club neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,311. Here is today’s list of the most affordable Monroe County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Seaward Landing11BR,1BA$2,300
Ocean WalkThe Sand Dollar1BR,1BA$2,311
Keys Lake VillasB2BR,2BA$2,350

Best Value Apartments for Rent in Monroe County, FL

As of March 05, 2026 the best value apartment in the Monroe County area is the $2.13 price per square foot B Model at Keys Lake Villas in the in the Garden Cove neighborhood starting from $2,350. The second greatest value Monroe County apartment is the 2-2.5A Model at Tarpon Harbour starting at $2,950 with a $2.70 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.
Keys Lake VillasB2BR,2.5BA$2.13
Tarpon Harbour2-2.5A2BR,2.5BA$2.70
3930 S Roosevelt Blvd, Unit N2043930 S Roosevelt Blvd3BR,2BA$3.68
NAS Key West Homes3 Bedroom3BR,2BA$4.03
Playa ApartmentsBREEZE2BR,2BA$2.44
The QuarryCalypso Shore2BR,2BA$2.91
Coco Palms2BR/2.0BA2BR,2BA$2.78
Ocean WalkThe Sand Dollar1BR,1BA$3.58
Seaward Landing11BR,1BA$4.32
46E 12th Ave, Unit Studio for 1 person only46E 12th AveStudio ,1BA$3.68

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 Seaward Landing which is listed at $2,300, while the average apartment in Monroe County costs $12,500.

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 2 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 $598 which is $11,902 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.

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

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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.

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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.