Cheap Homes for Rent in Monroe County, FL from $1,400 (15 Rentals)

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

property at 51 Barcelona Dr

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

6 Bedroom, 6.5 Bath Townhome for Rent

Available Now

51 Barcelona Dr

Key WestFL33040
property at 354 Oleander Dr

$1,975

Total Monthly Price

Total Monthly Price

Base Rent
$1,975

Total Monthly Price
$1,975

3 Bedroom, 2 Bath Home for Rent

Available Now

354 Oleander Dr

TavernierFL33070

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 5D 10th Ave

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

2 Bedroom, 1 Bath Home for Rent

Available Now

5D 10th Ave

Stock IslandFL33040

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.

property at 701 124th Street Gulf

$2,495

Total Monthly Price

Total Monthly Price

Base Rent
$2,495

Total Monthly Price
$2,495

2 Bedroom, 1 Bath Home for Rent

Available Now

701 124th Street Gulf

MarathonFL33050

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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 $2,395. Keys Lake Villas in the Garden Cove neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $2,450. Here is today’s list of the most affordable Monroe County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Seaward Landing11BR,1BA$2,395
Keys Lake VillasB2BR,2BA$2,450
Coco Palms2BR/2.0BA2BR,2BA$2,500
Ocean WalkThe Sand Dollar1BR,1BA$2,520
Sunset Marina5555 College Road - 5531 College Rd; Unit 2 553...2BR,2BA$3,300

Best Value Apartments for Rent in Monroe County, FL

As of June 07, 2026 the best value apartment in the Monroe County area is the $2.17 price per square foot 44 Gumbo Limbo Ave Model at 44 Gumbo Limbo Ave, Unit Upstairs in the in the Sunset Point neighborhood starting from $2,600. The second greatest value Monroe County apartment is the B Model at Keys Lake Villas starting at $2,450 with a $2.22 price per square foot in the Garden Cove neighborhood. 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.
44 Gumbo Limbo Ave, Unit Upstairs44 Gumbo Limbo Ave2BR,2BA$2.17
Keys Lake VillasB2BR,2.5BA$2.22
Little Torch Cottages2 Bedroom 2.5 Bath Townhome2BR,2.5BA$3.70
Lofts at Bahama VillageThree Bedroom3BR,2BA$4.16
8 Hilton Haven Rd8 Hilton Haven Rd1BR,1BA$3.00
Coco Palms2BR/2.0BA2BR,2BA$2.78
Arrive Key WestDarlington3BR,2BA$4.22
88901 Old Hwy, Unit B top floor88901 Old Hwy1BR,1BA$2.47
Ocean WalkThe Sand Dollar1BR,1BA$3.90
Seaward Landing11BR,1BA$4.50

Frequently Asked Questions about Monroe County

What type of rentals are currently available in Monroe County?

There are currently 152 Apartments for Rent in Monroe County, FL with pricing that ranges from $2,100 to $25,020. There are also 135 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monroe County ranging from $1,400 to $28,000.

What is the current price range for Rental Homes in Monroe County?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Monroe County ranges from $1,400 to $28,000 with an average monthly rent of $9,033.

How much are larger Three and Four Bedroom Rentals in Monroe County?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Monroe County range from $2,820 to $17,431, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,975 to $18,000. Four Bedroom Single-Family rentals are also available starting from $2,950 and Four Bedroom Apartments start at $3,064.

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

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.