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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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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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The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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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 | $2,777 | $1,850 | $3,181 |
| Monroe County 1 Bedroom Apartments | $2,692 | $1,800 | $3,475 |
| Monroe County 2 Bedroom Apartments | $3,170 | $2,200 | $5,000 |
| Monroe County 3 Bedroom Apartments | $3,954 | $3,000 | $4,588 |
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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. Keys Lake Villas in the Garden Cove neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $2,550. Here is today’s list of the most affordable Monroe County apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Seaward Landing | 1 | 1BR,1BA | $2,300 |
| Keys Lake Villas | B | 2BR,2BA | $2,550 |
| The Quarry | Cayo Cove | 1BR,1BA | $2,735 |
Best Value Apartments for Rent in Monroe County, FL
As of July 29, 2025 the best value apartment in the Monroe County area is the $2.31 price per square foot B Model at Keys Lake Villas in the in the Garden Cove neighborhood starting from $2,550. The second greatest value Monroe County apartment is the 2-2.5A Model at Tarpon Harbour starting at $2,800 with a $2.56 price per square foot . 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 | $2.31 |
| Tarpon Harbour | 2-2.5A | 2BR,2.5BA | $2.56 |
| Little Torch Cottages | 2 Bedroom 2.5 Bath Townhome | 2BR,2.5BA | $3.66 |
| Sunset Marina | 5555 College Road - 5531 College Rd; Unit 2 553... | 2BR,2BA | $4.50 |
| 2929 Patterson Ave, Unit 1 | 2929 Patterson Ave | 2BR,1BA | $4.25 |
| Ocean Walk | The Sand Dollar | 1BR,1BA | $4.30 |
| The Quarry | Cayo Cove | 1BR,1BA | $4.43 |
| 134 Burgundy Dr, Unit 1 | 134 Burgundy Dr | 1BR,1BA | $3.33 |
| Seaward Landing | 1 | 1BR,1BA | $4.32 |
| Arrive Key West | Apex | 1BR,1BA | $5.90 |
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 $3,968.
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 4 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 $359 which is $3,609 cheaper than the average rent for all rentals in Monroe County.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.