620 Allie Ln
MontereyTN38574
Cheap Apartments for Rent in Monterey, TN from $500 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in Monterey.
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$700 - $1,0001 to 3 Bedroom Apartments Contact Us For Availability
Ashton Place Apartments
28 Jacobs Crossing DrCrossville, TN 38555
6051 Nashville Hwy
BaxterTN38544
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Rent Specials
$800 - $1,450Studio to 2 Bedroom Apartments Contact Us For Availability
Eagle Village
245 E 13th StCookeville, TN 38501
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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$825 - $1,1221 to 3 Bedroom Apartments Available Jan 2, 2026
WILLOW PARK APARTMENTS
612 S Willow AveCookeville, TN 38501
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$830 - $1,5001 to 3 Bedroom Apartments Available Now
Saxony Apartment Homes
800 E Spring StCookeville, TN 38501
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$895 - $1,5001 to 3 Bedroom Apartments Available Now
Magnolia Place
40 Heather Ridge CirCrossville, TN 38555
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$900 - $1,8101 to 3 Bedroom Apartments Available Now
Copper Springs by Meadows Properties
99 Copper Springs CirCookeville, TN 38506
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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.
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1319 Autumn Ave
CookevilleTN38501
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364 S Cedar Ave
CookevilleTN38501
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.
914 Sparta Dr
CrossvilleTN38555
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Monterey, TN Local Guide
Tennessee Titans by Casey Fleser is licensed under CC BY 2.0
How much does it cost to rent an apartment in Monterey?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monterey Studio Apartments | $925 | $925 | $925 |
| Monterey 1 Bedroom Apartments | $1,040 | $700 | $1,360 |
| Monterey 2 Bedroom Apartments | $1,289 | $910 | $1,825 |
| Monterey 3 Bedroom Apartments | $1,481 | $1,000 | $1,810 |
Browse Top Apartments in Monterey
See all Apartments in MontereyExplore Monterey
Monterey, TN Local Guide
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Cheapest Available Monterey Apartments for Rent and Nearby
The cheapest available apartment rental in Monterey, TN is a Studio unit found at Eagle Village priced from $800. University Towers has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Monterey apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Eagle Village | Studio | Studio,1BA | $800 |
| University Towers | Studios | 1BR,1BA | $800 |
| Magnolia Place | 1 Bed 1 Bath | 1BR,1BA | $895 |
| Cypress Creek | 2 Bedroom 2 Bathroom | 2BR,2BA | $912 |
| College Grove | Two Bedroom | 2BR,1BA | $985 |
Best Value Apartments for Rent in Monterey, TN and Nearby
As of December 26, 2025 the best value apartment in the Monterey area is the $1.21 price per square foot Brookhaven Model at Copper Springs by Meadows Properties in the starting from $1,450. The second greatest value Monterey apartment is the 2BR/1.5BA 1150 Model at Saxony Apartment Homes starting at $1,228 with a $1.07 price per square foot . 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. |
|---|---|---|---|
| Copper Springs by Meadows Properties | Brookhaven | 2BR,2BA | $1.21 |
| Saxony Apartment Homes | 2BR/1.5BA 1150 | 2BR,1.5BA | $1.07 |
| Caney Commons | 3-bedroom | 3BR,2.5BA | $1.27 |
| ELEVEN50 | 3 Beds, 2 baths | 3BR,2BA | $1.18 |
| Cypress Creek | 3 Bedroom 2 Bathroom | 3BR,2BA | $1.00 |
| Hampton Creek | 2 Bedroom 1.5 Bath | 2BR,1.5BA | $1.32 |
| Waters Edge Apartment Homes | One Bedroom | 1BR,1BA | $1.37 |
| Magnolia Place | 1 Bed 1 Bath | 1BR,1BA | $1.31 |
| College Grove | Two Bedroom | 2BR,1BA | $1.53 |
| University Towers | Studios | 1BR,1BA | $2.05 |
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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The 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
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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!
Explore Monterey, TN Rentals by Map
See the most popular apartments and homes in Monterey, TN
Frequently Asked Questions about Cheap Monterey Apartments
How much is rent for a Cheap One Bedroom Monterey Apartment?
The lowest price for a Cheap One Bedroom Monterey Apartment is $800 at University Towers.
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 $912 at Cypress Creek.
What is the most affordable Monterey Three Bedroom Apartment?
The best deal on a cheap Monterey Three Bedroom Apartment rental is at Cypress Creek and starts from $1,051.
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
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!