110 Lyon St
McMinnvilleTN37110
Cheap Homes for Rent near Monterey, TN from $700 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Monterey.
1325 Virginia Ave
CookevilleTN38501
1319 Autumn Ave
CookevilleTN38501
978 N Franklin Ave
CookevilleTN38501
1495 Autumn Ave
CookevilleTN38501
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
223 Cherry Ave
CookevilleTN38501
1321 Autumn Ave
CookevilleTN38501
114 Judah Dr
SpartaTN38583
335 N Peachtree Ave
CookevilleTN38501
218 Eller Dr
Dixon SpringsTN37057
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
115 W Everett St
SpartaTN38583
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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 a home in Monterey?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monterey 2 Bedroom Homes for Rent | $1,281 | $1,100 | $1,500 |
| Monterey 3 Bedroom Homes for Rent | $1,890 | $1,300 | $3,000 |
| Monterey 4 Bedroom Homes for Rent | $2,245 | $2,050 | $2,685 |
| Monterey 5 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
Browse Top Homes for Rent in Monterey
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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 1 Bed unit found at Ashton Place Apartments priced from $780. Eagle Village has the second lowest priced unit, which is a Studio 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 |
|---|---|---|---|
| Ashton Place Apartments | 1 BR | 1BR,1BA | $780 |
| Eagle Village | Studio | Studio,1BA | $800 |
| Magnolia Place | 1 Bed 1 Bath | 1BR,1BA | $895 |
| Asbury Park | Asbury 2B 2B | 2BR,2BA | $900 |
| Saxony Apartment Homes | 1BR/1BA w/d | 1BR,1BA | $921 |
Best Value Apartments for Rent in Monterey, TN and Nearby
As of July 22, 2026 the best value apartment in the Monterey area is the $1.15 price per square foot Springfield II Model at Copper Springs by Meadows Properties in the starting from $1,725. The second greatest value Monterey apartment is the 125 Caney Commons, Unit 2 Model at Caney Commons starting at $1,295 with a $1.18 price per square foot in the Smith County 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. |
|---|---|---|---|
| Copper Springs by Meadows Properties | Springfield II | 3BR,2.5BA | $1.15 |
| Caney Commons | 125 Caney Commons, Unit 2 | 2BR,2.5BA | $1.18 |
| 1840 Summerhaven Ave | 2 Bedroom | 2BR,1.5BA | $1.19 |
| 70 E 18th St | 2 Bedroom | 2BR,1.5BA | $1.10 |
| 1994 Bouton Bend | Eagles Bend 3/2 | 3BR,2BA | $1.25 |
| Cypress Creek | 2 Bedroom 2 Bathroom | 2BR,2BA | $0.99 |
| Asbury Park | Asbury 2B 2B | 2BR,2BA | $1.00 |
| Ashton Place Apartments | 1 BR | 1BR,1BA | $0.93 |
| Hillview Terrace Apartments | 1-bedroom | 1BR,1BA | $1.27 |
| Magnolia Place | 1 Bed 1 Bath | 1BR,1BA | $1.32 |
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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Explore Monterey, TN Rentals by Map
See the most popular apartments and homes in Monterey, TN
Frequently Asked Questions about Monterey
What type of rentals are currently available in Monterey?
There are currently 50 Apartments for Rent in Monterey, TN with pricing that ranges from $780 to $2,685. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monterey ranging from $745 to $3,000.
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 $745 to $3,000 with an average monthly rent of $1,736.
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 $1,035 to $2,485, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $3,000. Four Bedroom Single-Family rentals are also available starting from $2,050 and Four Bedroom Apartments start at $2,685.
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.