
Cheap Apartments for Rent in Monterey, MA from $800 (53 Rentals)
Search the lowest-cost Apartments available for rent right now in Monterey.


Valley View Apartments

Total Monthly Price
Chicopee Village Townhomes

Brookgate Apartments

Gilbert Clock Apartments

Georgetown Gardens

Hillcrest Arms Apartments

Winthrop Court Apartments

The Courtyards

Evergreen Manor Apartments
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.

Longhill Gardens

Mill at Still River

Litchfield Heights

Forge

Joslen Commons Apartments

Total Monthly Price
ReNew East Granby

Olympia Manor

Simsbury Center Apartments

Westwood Court Townhouses

Total Monthly Price
The Grand Luxury Apartments and Homes
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.

Country Manor

Total Monthly Price
Luminary Simsbury Meadows

Brookview Townhomes

Total Monthly Price
Devonshire Place Apartments Owner

Southwood Acres

Greenway Village

Total Monthly Price
The Willows

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Highcroft Apartments

Total Monthly Price
The Pointe at Dorset Crossing

Total Monthly Price
Station 280
Cash 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.

465 Chapel St

Summit Place Apartments

Pinetree Apartments

329 Beech St

Brookside Apartments

Holly House

Hilltop Garden Apartments

Lansdowne Place

936 Main St

7 North Street, Pittsfield MA
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.

Oakwood Terrace

Elizabeth Manor

Mahaiwe Building

60 Prince Street

Ensign House

34 Rock St

151 Valley View Rd

Hudson Depot Lofts

16 Longley Dr

Southwick Village - 55+ Active Community
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.
Monterey, MA Local Guide

How much does it cost to rent an apartment in Monterey?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Monterey Studio Apartments | $1,649 | $1,095 | $2,219 |
| Monterey 1 Bedroom Apartments | $2,173 | $1,096 | $2,860 |
| Monterey 2 Bedroom Apartments | $2,594 | $1,280 | $4,440 |
| Monterey 3 Bedroom Apartments | $3,655 | $1,480 | $4,863 |
| Monterey 4 Bedroom Apartments | $4,386 | $3,997 | $5,038 |
Browse Top Apartments in Monterey
See all Apartments in MontereyExplore Monterey
Monterey, MA Local Guide
- Nearby Cities
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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. Valley View Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,095. Here is today’s list of the most affordable Monterey apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lenox Schoolhouse Apartments | Large Studio 55 and Older | Studio,1BA | $1,082 |
| Valley View Apartments | Studio | Studio,1BA | $1,095 |
| Brookgate Apartments | Studio | Studio,1BA | $1,150 |
| Gilbert Clock Apartments | Studio | Studio,1BA | $1,150 |
| Hillcrest Arms Apartments | Studio | Studio,1BA | $1,175 |
| Winthrop Court Apartments | Studio | Studio,1BA | $1,200 |
| The Courtyards | The Traditional | Studio,1BA | $1,494 |
| Mill at Still River | 1BD Classic | 1BR,1BA | $1,500 |
| Forge | 2 Bedroom | 2BR,1BA | $1,570 |
| Joslen Commons Apartments | 1 Bedroom Classic | 1BR,1BA | $1,575 |
Best Value Apartments for Rent in Monterey, MA and Nearby
As of June 05, 2026 the best value apartment in the Monterey area is the $2.01 price per square foot 3 Bedroom Model at Forge in the starting from $2,695. The second greatest value Monterey apartment is the The Sycamore Model at Southwood Acres starting at $2,641 with a $2.11 price per square foot in the Downtown Westfield 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. |
|---|---|---|---|
| Forge | 3 Bedroom | 3BR,2BA | $2.01 |
| Southwood Acres | The Sycamore | 2BR,1.5BA | $2.11 |
| Stissing Farms | 2 Bed, 2 Bath - Land | 2BR,2BA | $2.20 |
| Brookview Townhomes | 2 Bedroom | 2BR,1.5BA | $2.11 |
| Longhill Gardens | 2 Bedroom | 2BR,1BA | $2.14 |
| Westwood Court Townhouses | Two Bedroom 1.5 Bath | 2BR,1.5BA | $1.99 |
| Olympia Manor | 2BR/1BA | 2BR,1BA | $2.00 |
| Mill at Still River | 1BD Classic | 1BR,1BA | $1.97 |
| Gilbert Clock Apartments | Studio | Studio ,1BA | $1.92 |
| Lenox Schoolhouse Apartments | Large Studio 55 and Older | Studio ,1BA | $2.08 |
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 ArticleReal 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.
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, MA Rentals by Map
See the most popular apartments and homes in Monterey, MA
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 Forge and starts from $2,695.
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

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.