
Apartments for Rent in Monterey, IN Under $1,200 (45 Rentals)


Autumn Lakes Apartments and Townhomes

Northpointe/Lakepointe Apartment Homes

Viewpointe Apartment Homes

Laporte Commons Apartments
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.

The Square

Centennial Crossing

MILLSTONE APARTMENTS

Lakeview Apartments

Bremen Park Apartments

Mallard and HI-TEC Apartments

Briarwood Apartments and Villas

Welcome to Tippe River Downs

Lakeland Villa Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Briar Ridge Apartments

1083 E State Rd 2

526 S Jackson St

723 S Illinois St

1718 E Fox St

501 S Washington St

1127 E Fox St

529 S Kenmore St
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

292 Hadley Rd

1901 Sand Dollar Dr

411 Parker St

1512 Marine St

35021 Altus Ct

37044 Carswell Ct

1316 W Indiana Ave

807 Wood St

709 W Market St

310 N Michigan St

516 W Market St

3451 W 100 N

3489 W 100 S

1706 Tippecanoe Dr
Monterey, IN Local Guide

How much does it cost to rent an apartment in Monterey?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Monterey Studio Apartments | $1,050 | $1,050 | $1,050 |
Monterey 1 Bedroom Apartments | $1,207 | $750 | $4,757 |
Monterey 2 Bedroom Apartments | $1,362 | $850 | $5,153 |
Monterey 3 Bedroom Apartments | $1,936 | $1,148 | $8,989 |
Browse Top Apartments in Monterey
See all Apartments in MontereyExplore Monterey
Monterey, IN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Getting Around Monterey, IN
Walk Score®
3 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
31 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Monterey
What is the current price range for One Bedroom Monterey Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Monterey ranges from $750 to $4,757 with an average monthly rent of $1,207.
What does renting a Two Bedroom Apartment in Monterey cost?
The monthly rent prices of Two Bedroom Apartments currently available in Monterey range from $850 to $5,153. Today's average rental price for Two Bedrooms here is $1,362.
How expensive are Monterey Three Bedroom Apartments?
There are currently 15 Three Bedroom Apartments listings available in Monterey on ApartmentHomeLiving.com. The pricing ranges from $1,148 to $8,989 - averaging $1,936 for the location.
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.