Cheap Apartments for Rent in Monterey, LA from $500 (40 Rentals)

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Rapides Homes
3 to 4 Bedroom Apartments

Rapides Homes

1306 Autumn Orchard LoopAlexandria, LA 71303
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Riverbend
3 to 4 Bedroom Apartments

Riverbend

300 Riverbend DrAlexandria, LA 71302
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Monterey, LA Local Guide

Cheapest Available Monterey Apartments for Rent and Nearby

 

The cheapest available apartment rental in Monterey, LA is a 1 Bed unit found at Covington II priced from $550. Tanglewood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Monterey apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Covington II1x1Covington II1BR,1BA$550
Tanglewood Apartments1BR/1.0BA1BR,1BA$650
Edgewood Manor1x1Edgewood Manor1BR,$700
Camelot Apartments1BR/1BA1BR,1BA$730
Walden Apartment Homes2BR/1.0BA2BR,1BA$825
Howell Place1 Bedroom1BR,1BA$874
Nottingham Apartments1X11BR,1BA$900
The Gardens Senior Apartments1BR/1BA1BR,1BA$903
The Park at Milestone1 Bedroom/ 1 Bathroom Silver1BR,1BA$935
Square OneTwo Bedroom2BR,2BA$949

Best Value Apartments for Rent in Monterey, LA and Nearby

As of September 10, 2025 the best value apartment in the Monterey area is the $0.95 price per square foot 3BR50 Model at Scenic Gardens Estates in the in the North Baton Rouge neighborhood starting from $1,389. The second greatest value Monterey apartment is the B1 Model at Mason Estates starting at $1,325 with a $1.16 price per square foot . Here is today’s list of the best values for Monterey apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Scenic Gardens Estates3BR503BR,2BA$0.95
Mason EstatesB12BR,2BA$1.16
Walden Apartment Homes2BR/1.0BA2BR,1BA$0.83
Edgewood Manor3X1Edgewood Manor3BR,$0.95
Square OneTwo Bedroom2BR,2BA$1.08
Pecan GroveThe Buckeye2BR,1BA$1.12
Reserve at Howell Place1x11BR,1BA$1.22
Camelot Apartments1BR/1BA TH1BR,1BA$1.06
Tanglewood Apartments1BR/1.0BA1BR,1BA$1.04
Covington II1x1Covington II1BR,1BA$1.11

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Getting Around Monterey, LA

Walk Score®

6 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

28 / 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 Cheap Monterey Apartments

How much is rent for a Cheap One Bedroom Monterey Apartment?

The lowest price for a Cheap One Bedroom Monterey Apartment is $550 at Covington II.

What is the lowest price for a Cheap Two Bedroom Monterey Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Monterey is starting from $725 at Covington II.

What is the most affordable Monterey Three Bedroom Apartment?

The best deal on a cheap Monterey Three Bedroom Apartment rental is at Walden Apartment Homes and starts from $950.

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.

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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.

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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.

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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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.