414 W Bockman Way
SpartaTN38583
Cheap Homes for Rent in Monterey, TN from $500 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Monterey.
1325 Virginia Ave
CookevilleTN38501
914 Sparta Dr
CrossvilleTN38555
126 N Main St
SpartaTN38583
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
1459 Hickory Valley Rd
SpartaTN38583
978 N Franklin Ave
CookevilleTN38501
7758 Celina Rd
TompkinsvilleKY42167
158 Carr Ave
CookevilleTN38501
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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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 | $1,351 | $975 | $2,200 |
| Monterey 3 Bedroom Homes for Rent | $1,836 | $1,000 | $3,000 |
| Monterey 4 Bedroom Homes for Rent | $2,066 | $1,849 | $2,200 |
Browse Top Homes for Rent in Monterey
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Monterey, TN Local Guide
- Nearby Cities
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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 |
| University Towers | Studios | 1BR,1BA | $800 |
Best Value Apartments for Rent in Monterey, TN and Nearby
As of June 07, 2026 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 2 Bedroom 1.5 Bath Model at Hampton Creek starting at $1,339 with a $1.31 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 |
| Hampton Creek | 2 Bedroom 1.5 Bath | 2BR,1.5BA | $1.31 |
| 70 E 18th St | 2 Bedroom | 2BR,1.5BA | $1.10 |
| 1816 Stargazer Dr | 2 Bedroom | 2BR,1.5BA | $1.19 |
| WILLOW PARK APARTMENTS | The Highlands | 3BR,1BA | $1.21 |
| Cypress Creek | 2 Bedroom 2 Bathroom | 2BR,2BA | $0.99 |
| Ashton Place Apartments | 1 BR | 1BR,1BA | $0.93 |
| 22 E 18th St | 2 Bedroom | 2BR,2BA | $1.16 |
| 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.
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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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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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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 41 Apartments for Rent in Monterey, TN with pricing that ranges from $780 to $1,900. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monterey ranging from $575 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 $575 to $3,000 with an average monthly rent of $1,505.
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
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.