Cheap Homes for Rent in Monroe County, FL from $1,500 (17 Rentals)

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

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.

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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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Cheapest Available Monroe County Apartments for Rent

 

The cheapest available apartment rental in Monroe County, FL is a 1 Bed unit found at Playa Apartments in the Sunset Point neighborhood priced from $1,999. Keys Lake Villas in the Garden Cove neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $2,250. Here is today’s list of the most affordable Monroe County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Playa ApartmentsDRIFT1BR,1BA$1,999
Keys Lake VillasB2BR,2BA$2,250
CoCo Vista1 Bedroom 1 Bathroom1BR,1BA$2,349
Ocean WalkThe Sand Dollar1BR,1BA$2,500
The QuarryCoppitt Cove2BR,2BA$2,719

Best Value Apartments for Rent in Monroe County, FL

As of January 12, 2026 the best value apartment in the Monroe County area is the $2.04 price per square foot B Model at Keys Lake Villas in the in the Garden Cove neighborhood starting from $2,250. The second greatest value Monroe County apartment is the 3 Bedroom Model at NAS Key West Homes starting at $4,300 with a $4.03 price per square foot in the Key West Golf Club 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.
Keys Lake VillasB2BR,2.5BA$2.04
NAS Key West Homes3 Bedroom3BR,2BA$4.03
Playa ApartmentsBREEZE2BR,2BA$2.27
The QuarryCoppitt Cove2BR,2BA$2.97
1220 3rd St, Unit UP1220 3rd St2BR,1BA$3.94
CoCo Vista1 Bedroom 1 Bathroom1BR,1BA$3.45
Ocean WalkThe Sand Dollar1BR,1BA$3.87
134 Burgundy Dr, Unit 1134 Burgundy Dr1BR,1BA$3.17
14 Sunset Rd, Unit Downstairs Studio14 Sunset RdStudio ,1BA$3.78
14 Sunset Rd, Unit Studio14 Sunset Rd1BR,1BA$3.78

Frequently Asked Questions about Monroe County

What type of rentals are currently available in Monroe County?

There are currently 151 Apartments for Rent in Monroe County, FL with pricing that ranges from $1,700 to $28,137. There are also 133 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monroe County ranging from $1,500 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 $1,500 to $25,000 with an average monthly rent of $7,665.

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 $28,137, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,000 to $18,000. Four Bedroom Single-Family rentals are also available starting from $3,400 and Four Bedroom Apartments start at $10,000.

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

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

Written by: Bob Mallory

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!