Cheap Homes for Rent in Monterey, TN from $700 (16 Rentals)

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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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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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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.

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Showing Results 1-16, Page 1 of 1

Monterey, TN Local Guide

Cheapest Available Monterey Apartments for Rent and Nearby

 

The cheapest available apartment rental in Monterey, TN is a 1 Bed unit found at Cypress Creek Apartments priced from $710. 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 ListingModel NameBed/BathPriced From
Cypress Creek Apartments1 Bedroom1BR,1BA$710
University TowersStudios1BR,1BA$800
Magnolia Place1 Bed 1 Bath1BR,1BA$895
Eagle VillageStudioStudio,1BA$895
ELEVEN502 Beds, 1.5 baths2BR,1BA$1,025

Best Value Apartments for Rent in Monterey, TN and Nearby

As of June 24, 2025 the best value apartment in the Monterey area is the $0.73 price per square foot 6016 Calfkiller Hwy Model at 6016 Calfkiller Hwy, Unit A in the starting from $2,200. The second greatest value Monterey apartment is the 2 Bedroom 2.5 Bath Model at Saxony Apartment Homes starting at $1,500 with a $1.25 price per square foot . 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.
6016 Calfkiller Hwy, Unit A6016 Calfkiller Hwy4BR,3BA$0.73
Saxony Apartment Homes2 Bedroom 2.5 Bath2BR,2.5BA$1.25
The Gables at Veterans2 Bedroom Overlook2BR,2BA$1.45
Copper Springs by Meadows PropertiesBrookhaven2BR,2BA$1.21
ELEVEN503 Beds, 2 baths3BR,2BA$1.18
189 1st Ave, Unit 2189 1st Ave2BR,2BA$1.27
Hampton Creek2 Bedroom 1.5 Bath2BR,1.5BA$1.32
863 Shanks Ave, Unit D863 Shanks Ave2BR,1BA$1.13
Cypress Creek Apartments1 Bedroom1BR,1BA$1.00
Magnolia Place1 Bed 1 Bath1BR,1BA$1.31

Quick Rent Budget Calculator

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Frequently Asked Questions about Monterey

What type of rentals are currently available in Monterey?

There are currently 48 Apartments for Rent in Monterey, TN with pricing that ranges from $575 to $11,700. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monterey ranging from $725 to $2,500.

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 $725 to $2,500 with an average monthly rent of $1,504.

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 $756 to $2,100, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,175 to $2,400. Four Bedroom Single-Family rentals are also available starting from $1,599 and Four Bedroom Apartments start at $813.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.