3451 W 100 N
WarsawIN46580
Cheap Homes for Rent in Monterey, IN from $300 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Monterey.
600 N Lake St
WarsawIN46580
59 W Riverside Dr
PeruIN46970
807 Wood St
ValparaisoIN46383
335 S Birkey St
BremenIN46506
411 Parker St
WarsawIN46580
1224 High St Rd
LogansportIN46947
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Monterey, IN Local Guide
Former Erie Railroad depot by Adam Moss is licensed under CC BY 2.0
How much does it cost to rent a home in Monterey?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monterey 2 Bedroom Homes for Rent | $972 | $350 | $1,800 |
| Monterey 3 Bedroom Homes for Rent | $1,638 | $1,250 | $2,200 |
| Monterey 4 Bedroom Homes for Rent | $1,433 | $1,400 | $1,450 |
| Monterey 5 Bedroom Homes for Rent | $1,460 | $1,460 | $1,460 |
Browse Top Homes for Rent in Monterey
Explore Monterey
Monterey, IN Local Guide
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Cheapest Available Monterey Apartments for Rent and Nearby
The cheapest available apartment rental in Monterey, IN is a 1 Bed unit found at Pechewa Place priced from $599. 900 North St has the second lowest priced unit, which is a Studio apartment currently listed from $599. Here is today’s list of the most affordable Monterey apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pechewa Place | Upstairs 1 Bedroom | 1BR,1BA | $599 |
| 900 North St | Studio | Studio,1BA | $599 |
| MILLSTONE APARTMENTS | 1 bedroom | 1BR,1BA | $750 |
Best Value Apartments for Rent in Monterey, IN and Nearby
As of October 27, 2025 the best value apartment in the Monterey area is the $1.19 price per square foot NOW LEASING!!! BRAND NEW 3 BEDROOM 2 BATHROOM!!! Model at Welcome to Tippe River Downs in the starting from $1,695. The second greatest value Monterey apartment is the 2B2B TOWNHOME Model at Wabash River Commons starting at $1,345 with a $1.19 price per square foot . Here is today’s list of the best values for Monterey apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Welcome to Tippe River Downs | NOW LEASING!!! BRAND NEW 3 BEDROOM 2 BATHROOM!!! | 3BR,2BA | $1.19 |
| Wabash River Commons | 2B2B TOWNHOME | 2BR,2BA | $1.19 |
| The Fields of New Durham Apartment Homes | 2B Pond | 2BR,2BA | $1.23 |
| Kuder Estates | Two Bedroom One Bathroom | 2BR,1BA | $1.03 |
| Centennial Crossing | Traditional 2x2 | 2BR,2BA | $1.35 |
| Briarwood Apartments and Villas | 2 Bedroom/ 2 Bath | 2BR,2BA | $1.35 |
| Viewpointe Apartment Homes | J-2 BD | 2BR,1BA | $1.31 |
| 900 North St | Studio | Studio ,1BA | $0.86 |
| Pechewa Place | Upstairs 2 Bedroom | 2BR,1BA | $1.00 |
| MILLSTONE APARTMENTS | 1 bedroom | 1BR,1BA | $1.12 |
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See the most popular apartments and homes in Monterey, IN
Frequently Asked Questions about Monterey
What type of rentals are currently available in Monterey?
There are currently 37 Apartments for Rent in Monterey, IN with pricing that ranges from $386 to $11,000. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monterey ranging from $350 to $2,200.
What is the current price range for Rental Homes in Monterey?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Monterey ranges from $350 to $2,200 with an average monthly rent of $1,260.
How much are larger Three and Four Bedroom Rentals in Monterey?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Monterey range from $1,225 to $3,167, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $2,200. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $1,725.
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.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.
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.