620 Allie Ln
MontereyTN38574
Cheap Apartments for Rent in Monterey, TN from $500 (17 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
271 C C Camp Rd
CookevilleTN38501
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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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Rent Specials
$800 - $1,450Studio to 2 Bedroom Apartments Contact Us For Availability
Eagle Village
245 E 13th StCookeville, TN 38501
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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
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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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.
364 S Cedar Ave
CookevilleTN38501
914 Sparta Dr
CrossvilleTN38555
Showing Results 1-17, Page 1 of 1
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 2 Beds unit found at Royal Oaks priced from $511. 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 |
|---|---|---|---|
| Royal Oaks | 2bdr | 2BR,1BA | $511 |
| University Towers | Studios | 1BR,1BA | $800 |
| Eagle Village | Studio | Studio,1BA | $800 |
| Magnolia Place | 1 Bed 1 Bath | 1BR,1BA | $895 |
| Cypress Creek | 2 Bedroom 2 Bathroom | 2BR,2BA | $912 |
Best Value Apartments for Rent in Monterey, TN and Nearby
As of December 22, 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 |
| The Bellevue at 1045 | 2B | 2BR,2BA | $1.27 |
| Hampton Creek | 2 Bedroom 1.5 Bath | 2BR,1.5BA | $1.32 |
| Royal Oaks | 2bdr | 2BR,1BA | $0.68 |
| Waters Edge Apartment Homes | One Bedroom | 1BR,1BA | $1.37 |
| Magnolia Place | 1 Bed 1 Bath | 1BR,1BA | $1.31 |
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.
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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.
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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
Getting Around Monterey, TN
Walk Score®
34 / 100
Car-Dependent
Most errands require a car
Bike Score®
29 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $511 at Royal Oaks.
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
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!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.