Cheap Apartments for Rent near Monterey, MA from $1,082 (56 Rentals)

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Search the lowest-cost Apartments available for rent right now in Monterey.

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.

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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.

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The Willows
Rent Specials
$2,059 - $2,214

Total Monthly Price

Base Rent$2,059 - $2,214
Total Monthly Price$2,059 - $2,214
1 to 2 Bedroom Apartments Available Now

The Willows

19 Lockhouse RdWestfield, MA 01085
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
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Highcroft Apartments
$2,285 - $4,755

Total Monthly Price

Base Rent$2,285 - $4,755
Total Monthly Price$2,285 - $4,755
1 to 3 Bedroom Apartments Available Now

Highcroft Apartments

1100 Highcroft PlSimsbury, CT 06070
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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465 Chapel St
Studio to 1 Bedroom Apartments

465 Chapel St

465 Chapel StLee, MA 01238
  • Utilities Included
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Summit Place Apartments
Studio to 2 Bedroom Apartments

Summit Place Apartments

7 Upper Church StWest Springfield, MA 01089
  • Utilities Included
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Valley View Apartments
Studio to 2 Bedroom Apartments

Valley View Apartments

507-517 Whitney AveHolyoke, MA 01040
  • Utilities Included
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Pinetree Apartments
1 to 2 Bedroom Apartments

Pinetree Apartments

75-79 Church StNassau, NY 12123
  • Utilities Included
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329 Beech St
1 Bedroom Apartments

329 Beech St

329 Beech StHolyoke, MA 01040
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Holly House
Studio to 2 Bedroom Apartments

Holly House

23 Holly House StLitchfield, CT 06759
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Lansdowne Place
1 to 2 Bedroom Apartments

Lansdowne Place

38 Thomas StWestfield, MA 01085
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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Mahaiwe Building
Studio to 3 Bedroom Apartments

Mahaiwe Building

4 Castle StGreat Barrington, MA 01230
property at 936 Main St
$1,500

Total Monthly Price

Base Rent$1,500
Total Monthly Price$1,500
2 Bedroom, 1.5 Bath Home for Rent
Available Now

936 Main St

WinchesterCT06098
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7 North St
1 to 2 Bedroom Apartments

7 North St

7 North StPittsfield, MA 01201
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Oakwood Terrace
2 Bedroom Apartments

Oakwood Terrace

200 Southwick RdWestfield, MA 01085
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Elizabeth Manor
2 Bedroom Apartments

Elizabeth Manor

238 Maple StAgawam, MA 01001
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60 Prince Street
Studio to 2 Bedroom Apartments

60 Prince Street

60 Prince StNorthampton, MA 01060
  • Utilities Included
property at 59 Cook St
$1,950

Total Monthly Price

Base Rent$1,950
Total Monthly Price$1,950
2 Bedroom, 2 Bath Condo for Rent
Available Now

59 Cook St

WinchesterCT06098
property at 14 Franco Terrace
$2,000

Total Monthly Price

Base Rent$2,000
Total Monthly Price$2,000
3 Bedroom, 1 Bath Home for Rent
Available Now

14 Franco Terrace

PittsfieldMA01201
property at 10 Scammell Ave
$2,100

Total Monthly Price

Base Rent$2,100
Total Monthly Price$2,100
3 Bedroom, 1 Bath Townhome for Rent
Available Now

10 Scammell Ave

PittsfieldMA01201

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.

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Monterey, MA Local Guide

Cheapest Available Monterey Apartments for Rent and Nearby

 

The cheapest available apartment rental in Monterey, MA is a Studio unit found at Lenox Schoolhouse Apartments priced from $1,082. Brookgate Apartments in the Litchfield County neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,150. Here is today’s list of the most affordable Monterey apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lenox Schoolhouse ApartmentsLarge Studio 55 and OlderStudio,1BA$1,082
Brookgate ApartmentsStudioStudio,1BA$1,150
Gilbert Clock ApartmentsStudioStudio,1BA$1,150
Hillcrest Arms ApartmentsStudioStudio,1BA$1,175
Winthrop Court ApartmentsStudioStudio,1BA$1,200
Joslen Commons Apartments1 Bedroom Classic1BR,1BA$1,500
Simsbury Center ApartmentsStudio ADAStudio,1BA$1,595
Olympia Manor2BR/1BA2BR,1BA$1,600
Edgewood Apartments2 Bedroom 1 Bathroom2BR,1BA$1,693
55 Katharine St3rd Floor3BR,1BA$1,700

Best Value Apartments for Rent in Monterey, MA and Nearby

As of September 05, 2026 the best value apartment in the Monterey area is the $1.99 price per square foot The Emory Model at The Grand Luxury Apartments and Homes in the in the West Granby neighborhood starting from $3,504. The second greatest value Monterey apartment is the 3 Bedroom Model at Forge starting at $2,495 with a $1.86 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.
The Grand Luxury Apartments and HomesThe Emory3BR,2.5BA$1.99
Forge3 Bedroom3BR,2BA$1.86
Stissing Farms2 Bed, 2 Bath - Home2BR,2BA$2.04
55 Katharine St3rd Floor3BR,1BA$1.42
29 Water St ApartmentsTwo Bedroom2BR,1BA$1.64
Mill at Still River1-2 BD2BR,1BA$1.80
Edgewood Apartments2 Bedroom 1 Bathroom2BR,1BA$1.81
Longhill Gardens2 Bedroom2BR,1BA$2.08
Olympia Manor2BR/1BA2BR,1BA$2.00
Gilbert Clock ApartmentsStudioStudio ,1BA$1.92

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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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.

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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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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 Lenox Schoolhouse Apartments listed at $1,082.

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

The lowest price for a Cheap One Bedroom Monterey Apartment is $1,250 at Brookgate Apartments.

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 $1,350 at Gilbert Clock Apartments.

What is the most affordable Monterey Three Bedroom Apartment?

The best deal on a cheap Monterey Three Bedroom Apartment rental is at 55 Katharine St and starts from $1,700.

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

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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.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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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.