221 Columbia St
WarsawIN46580
Cheap Homes for Rent near Monterey, IN from $300 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Monterey.
1610 Tippecanoe Dr
WarsawIN46580
1706 Tippecanoe Dr
WarsawIN46580
3451 W 100 N
WarsawIN46580
7727 W Beachwood Ave
WarsawIN46582
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
362 W 5th St
PeruIN46970
371 W 12th St
PeruIN46970
1208 Chestnut Ave
Winona LakeIN46590
303 Harrison St
La PorteIN46350
113 W Jefferson St
PlymouthIN46563
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Showing Results 1-10, Page 1 of 1
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 | $1,252 | $300 | $2,600 |
| Monterey 3 Bedroom Homes for Rent | $1,617 | $1,195 | $2,095 |
| Monterey 4 Bedroom Homes for Rent | $1,900 | $1,900 | $1,900 |
Browse Top Homes for Rent in Monterey
Explore Monterey
Monterey, IN Local Guide
- Nearby Cities
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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 Chamberlain House priced from $349. Rumely Senior Apartments in the Downtown La Porte neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Monterey apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Chamberlain House | 1 bedroom | 1BR,1BA | $349 |
| Rumely Senior Apartments | 1 BR / 1 Bath (Hotel side) | 1BR,1BA | $700 |
| Pechewa Place | Upstairs 1 Bedroom | 1BR,1BA | $729 |
Best Value Apartments for Rent in Monterey, IN and Nearby
As of August 07, 2026 the best value apartment in the Monterey area is the $1.20 price per square foot 2C Pond Model at The Fields of New Durham Apartment Homes in the starting from $1,360. The second greatest value Monterey apartment is the 3 Bed 1 bath Model at Hilltop Ridge starting at $1,019 with a $1.01 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. |
|---|---|---|---|
| The Fields of New Durham Apartment Homes | 2C Pond | 2BR,2BA | $1.20 |
| Hilltop Ridge | 3 Bed 1 bath | 3BR,1BA | $1.01 |
| Kuder Estates | Two Bedroom One Bathroom | 2BR,1BA | $1.09 |
| Northpointe/Lakepointe Apartment Homes | J-TH | 2BR,1BA | $1.06 |
| Lakeland Villa Apartments | 2x2 New | 2BR,2BA | $1.34 |
| Chamberlain House | 2 bedroom | 2BR,1BA | $0.48 |
| Ironwood Village | One Bedroom | 1BR,1BA | $1.23 |
| Courts of Colfax Apartments | Winona | Studio ,1BA | $1.24 |
| Pechewa Place | Upstairs 1 Bedroom | 1BR,1BA | $1.22 |
| Rumely Senior Apartments | 1 BR / 1 Bath (Hotel side) | 1BR,1BA | $1.27 |
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.
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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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 45 Apartments for Rent in Monterey, IN with pricing that ranges from $349 to $3,615. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monterey ranging from $295 to $2,600.
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 $295 to $2,600 with an average monthly rent of $1,213.
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 $948 to $3,353, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,195 to $2,095. Four Bedroom Single-Family rentals are also available starting from $1,900 and Four Bedroom Apartments start at $1,600.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.