Cheap Homes for Rent in Monroe County, FL from $1,600 (22 Rentals)

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

property at 201 7th St

201 7th St, Unit 3

201 7th St
Key Colony BeachFL33051

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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 6400 2nd St

6400 2nd St

Key WestFL33040
property at 19 Sombrero Blvd

19 Sombrero Blvd

MarathonFL33050

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.

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 $2,085. Keys Lake Villas in the Garden Cove neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $2,350. Here is today’s list of the most affordable Monroe County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Seaward Landing11BR,1BA$2,085
Keys Lake VillasB2BR,2BA$2,350
Ocean WalkThe ReefStudio,1BA$2,508
Tarpon Harbour2-2.5A2BR,2BA$2,800
Arrive Key WestApex1BR,1BA$2,875

Best Value Apartments for Rent in Monroe County, FL

As of September 22, 2025 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 $2,800 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Keys Lake VillasB2BR,2.5BA$2.13
Tarpon Harbour2-2.5A2BR,2.5BA$2.56
Little Torch Cottages2 Bedroom 2.5 Bath Townhome2BR,2.5BA$3.67
The QuarryCoconut Cove3BR,2BA$3.68
Sunset Marina5555 College Road - 5571College Road; Unit #1 55712BR,2BA$4.75
1504 Flagler Ave, Unit 1#1504 Flagler Ave2BR,1BA$4.29
134 Burgundy Dr, Unit 1134 Burgundy Dr1BR,1BA$3.29
Seaward Landing11BR,1BA$3.92
Arrive Key WestApex1BR,1BA$5.56
Ocean WalkThe ReefStudio ,1BA$5.02

Frequently Asked Questions about Monroe County

What type of rentals are currently available in Monroe County?

There are currently 150 Apartments for Rent in Monroe County, FL with pricing that ranges from $1,750 to $22,500. There are also 153 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monroe County ranging from $1,600 to $25,000.

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 $1,600 to $25,000 with an average monthly rent of $6,833.

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 $2,835 to $10,560, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,700 to $18,000. Four Bedroom Single-Family rentals are also available starting from $3,200 and Four Bedroom Apartments start at $10,000.

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.