Cheap Apartments for Rent in Monterey, MA from $800 (24 Rentals)

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

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.

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.

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465 Chapel St
Studio Apartments

465 Chapel St

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

Summit Place Apartments

7 Upper Church StWest Springfield, MA 01089
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Holly House
Studio to 1 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
  • Smoke Free

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.

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 Winthrop Court Apartments priced from $950. Gilbert Clock Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,000. Here is today’s list of the most affordable Monterey apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Winthrop Court ApartmentsStudioStudio,1BA$950
Gilbert Clock ApartmentsStudioStudio,1BA$1,000
Lenox Schoolhouse ApartmentsLarge Studio 55 and OlderStudio,1BA$1,015
Brookgate ApartmentsStudio1BR,1BA$1,050
Valley View ApartmentsStudioStudio,1BA$1,095

Best Value Apartments for Rent in Monterey, MA and Nearby

As of June 08, 2025 the best value apartment in the Monterey area is the $1.89 price per square foot The Hillcrest Model at The Grand Meadows in the in the Poquonock neighborhood starting from $3,214. The second greatest value Monterey apartment is the Floor Plan B Model at Devonshire Place Apartments starting at $1,850 with a $1.79 price per square foot in the Downtown Holyoke neighborhood. 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 MeadowsThe Hillcrest3BR,2.5BA$1.89
Devonshire Place ApartmentsFloor Plan B2BR,2BA$1.79
Longhill Gardens2 Bedroom2BR,1BA$1.97
Oakwood Terrace2 Beds, 1.5 baths2BR,1.5BA$1.94
Mill at Still River1BD Classic1BR,1BA$1.97
Pinetree Apartments1 BD/1 BA1BR,1BA$1.56
Forge1 Bedroom1BR,1BA$1.97
Lenox Schoolhouse ApartmentsLarge Studio 55 and OlderStudio ,1BA$1.67
Gilbert Clock ApartmentsStudioStudio ,1BA$1.67
Winthrop Court ApartmentsStudioStudio ,1BA$1.98

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

Explore Monterey, MA Rentals by Map

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Getting Around Monterey, MA

Walk Score®

10 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

6 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 Winthrop Court Apartments listed at $950.

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

The lowest price for a Cheap One Bedroom Monterey Apartment is $1,050 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 $1,250 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 $1,808.

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 Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.