936 Main St
WinchesterCT06098
Cheap Homes for Rent near Monterey, MA from $1,500 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Monterey.
11449 NY-22
AusterlitzNY12017
Rent According to Income: A Look at Income-Restricted Rentals
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14 Franco Terrace
PittsfieldMA01201
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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34 Rock St
WinchesterCT06098
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Monterey, MA Local Guide
Monterey General Store and Town Hall by ToddC4176 is licensed under CC BY-SA 3.0
How much does it cost to rent a home in Monterey?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Monterey 2 Bedroom Homes for Rent | $3,150 | $1,500 | $7,000 |
| Monterey 3 Bedroom Homes for Rent | $4,243 | $2,000 | $10,000+ |
| Monterey 4 Bedroom Homes for Rent | $14,558 | $3,700 | $10,000+ |
| Monterey 5 Bedroom Homes for Rent | $12,500 | $3,000 | $10,000+ |
| Monterey 7 Bedroom Homes for Rent | $5,000 | $5,000 | $5,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Monterey, MA Local Guide
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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. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lenox Schoolhouse Apartments | Large Studio 55 and Older | Studio,1BA | $1,082 |
| Brookgate Apartments | Studio | Studio,1BA | $1,150 |
| Gilbert Clock Apartments | Studio | Studio,1BA | $1,150 |
Best Value Apartments for Rent in Monterey, MA and Nearby
As of July 21, 2026 the best value apartment in the Monterey area is the $2.19 price per square foot The Hillcrest Model at The Grand Meadows in the in the Poquonock neighborhood starting from $3,720. The second greatest value Monterey apartment is the 2 Bedroom Model at Greenway Village starting at $2,700 with a $2.08 price per square foot in the West Granby 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. |
|---|---|---|---|
| The Grand Meadows | The Hillcrest | 3BR,2.5BA | $2.19 |
| Greenway Village | 2 Bedroom | 2BR,2.5BA | $2.08 |
| 29 Water St Apartments | Two Bedroom | 2BR,1BA | $1.64 |
| Edgewood Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.81 |
| Brookview Townhomes | 2 Bedroom | 2BR,1.5BA | $2.11 |
| Longhill Gardens | 2 Bedroom | 2BR,1BA | $2.14 |
| 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 Article
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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See the most popular apartments and homes in Monterey, MA
Frequently Asked Questions about Monterey
What type of rentals are currently available in Monterey?
There are currently 54 Apartments for Rent in Monterey, MA with pricing that ranges from $1,096 to $5,075. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monterey ranging from $1,500 to $65,000.
What is the current price range for Rental Homes in Monterey?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Monterey ranges from $1,500 to $65,000 with an average monthly rent of $7,477.
How much are larger Three and Four Bedroom Rentals in Monterey?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Monterey range from $1,480 to $4,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $10,000. Four Bedroom Single-Family rentals are also available starting from $3,700 and Four Bedroom Apartments start at $4,020.
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
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.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.