
Cheap Apartments for Rent in Monterey, LA from $500 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in Monterey.


Edgewood Manor

Parkchester Apartments

Bienville Apartments

Covington II

Tanglewood Apartments

Pine Highland West Apartments

Hermitage Apartments
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.

Camelot Apartments

32 Louisiana Ave

Pine Highland Apartments

Walden Apartment Homes

The Joshua on US Highway 61

Jaguar Plaza

Howell Place

Beau Terre
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.

Arbor Hill Senior Apartments

Pecan Grove

Nottingham Apartments

Heatherwood Apartments - Luxury Senior Living

12 12th St

2307 Elliott St

8197 U. S. Hwy 71

413 Hickory St
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.

2222 Vance Ave

2020 Vance Ave

750 Hospital Rd

48 Little John Ln

2830 Little St

The Sanctuary at Alexandria

2407 Alma St

The Sanctuary on Enterprise
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.

576 Lower Woodville Rd

6014 Quail Ridge

503 Webster St

2100 Olive St

6016 Quail Ridge

Chateau Joli Apartments

Rapides Homes

Riverbend
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.

212 Shannon St
Monterey, LA Local Guide

How much does it cost to rent an apartment in Monterey?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monterey Studio Apartments | $1,049 | $725 | $1,473 |
| Monterey 1 Bedroom Apartments | $1,033 | $547 | $2,077 |
| Monterey 2 Bedroom Apartments | $1,219 | $681 | $2,090 |
| Monterey 3 Bedroom Apartments | $1,424 | $790 | $2,108 |
| Monterey 4 Bedroom Apartments | $1,304 | $839 | $1,572 |
Browse Top Apartments in Monterey
See all Apartments in MontereyExplore Monterey
Monterey, LA Local Guide
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Cheapest Available Monterey Apartments for Rent and Nearby
 The cheapest available apartment rental in Monterey, LA is a 1 Bed unit found at Edgewood Manor in the North Baton Rouge neighborhood priced from $600. Bienville Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $635. Here is today’s list of the most affordable Monterey apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Edgewood Manor | 1x1Edgewood Manor | 1BR,1BA | $600 |
| Bienville Apartments | 1BR/1BA | 1BR,1BA | $635 |
| Covington II | 1x1Covington II | 1BR,1BA | $675 |
| Tanglewood Apartments | 1BR/1.0BA | 1BR,1BA | $675 |
| Hermitage Apartments | 1BR/1.0BA | 1BR,1BA | $725 |
| Camelot Apartments | 1BR/1BA | 1BR,1BA | $730 |
| Parkchester Apartments | 2BR/1.0BA | 2BR,1BA | $800 |
| Walden Apartment Homes | 2BR/1.0BA | 2BR,1BA | $850 |
| The Joshua on US Highway 61 | Studio Unfurnished | Studio,1BA | $850 |
| Jaguar Plaza | One Bedroom One Bathroom | 1BR,1BA | $869 |
Best Value Apartments for Rent in Monterey, LA and Nearby
As of January 26, 2026 the best value apartment in the Monterey area is the $1.23 price per square foot Four Bedroom Model at Square One in the in the North Baton Rouge neighborhood starting from $1,495. The second greatest value Monterey apartment is the 3X1Edgewood Manor Model at Edgewood Manor starting at $850 with a $0.85 price per square foot in the North Baton Rouge neighborhood. 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. |
|---|---|---|---|
| Square One | Four Bedroom | 4BR,2BA | $1.23 |
| Edgewood Manor | 3X1Edgewood Manor | 3BR,1BA | $0.85 |
| Walden Apartment Homes | 2BR/1.0BA | 2BR,1BA | $0.85 |
| Parkchester Apartments | 2BR/1.0BA | 2BR,1BA | $0.84 |
| Pecan Grove | The Poplar | 2BR,1BA | $1.14 |
| Reserve at Howell Place | 1x1 | 1BR,1BA | $1.22 |
| Bienville Apartments | 1BR/1BA | 1BR,1BA | $0.85 |
| Hermitage Apartments | 1BR/1.0BA | 1BR,1BA | $0.98 |
| Camelot Apartments | 1BR/1BA | 1BR,1BA | $1.04 |
| Tanglewood Apartments | 1BR/1.0BA | 1BR,1BA | $1.08 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Monterey, LA Rentals by Map
See the most popular apartments and homes in Monterey, LA
Frequently Asked Questions about Cheap Monterey Apartments
What is the Cheapest Studio apartment in Monterey?
Currently the most affordable Cheap Studio Apartment in Monterey is at The Joshua on US Highway 61 listed at $850.
How much is rent for a Cheap One Bedroom Monterey Apartment?
The lowest price for a Cheap One Bedroom Monterey Apartment is $600 at Edgewood Manor.
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 $730 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 Edgewood Manor and starts from $850.
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

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.

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.

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.