
Cheap Homes for Rent in Monterey, VA from $500 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Monterey.


286 S Branch St

1029-2A Chicago Ave
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.

39 Pleasant Hill Rd

1131 Shenandoah St

3891 Churchville Ave
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.
Monterey, VA Local Guide

How much does it cost to rent a home in Monterey?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Monterey 2 Bedroom Homes for Rent | $1,428 | $1,100 | $1,695 |
Monterey 3 Bedroom Homes for Rent | $2,123 | $1,725 | $2,500 |
Monterey 4 Bedroom Homes for Rent | $2,784 | $1,996 | $3,800 |
Browse Top Homes for Rent in Monterey
Explore Monterey
Monterey, VA Local Guide
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Cheapest Available Monterey Apartments for Rent and Nearby
 The cheapest available apartment rental in Monterey, VA is a 2 Beds unit found at Valley View Senior Apartments priced from $782. Grand Duke in the Downtown Harrisonburg neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $849. Here is today’s list of the most affordable Monterey apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Valley View Senior Apartments | 2/1 | 2BR,1BA | $782 |
Grand Duke | 1BR/1BA - A3 | 1BR,1BA | $849 |
Landings at Weyers Cave | The Augusta | 2BR,2BA | $985 |
Best Value Apartments for Rent in Monterey, VA and Nearby
As of June 24, 2025 the best value apartment in the Monterey area is the $0.42 price per square foot 4x4 Model at Campus View in the starting from $585. The second greatest value Monterey apartment is the Shenandoah (Furnished) Model at Squire Hill starting at $650 with a $0.48 price per square foot in the Old Town Harrisonburg 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. |
---|---|---|---|
Campus View | 4x4 | 4BR,4BA | $0.42 |
Squire Hill | Shenandoah (Furnished) | 4BR,4.5BA | $0.48 |
The Hills Southview Apartments | D1-Premium | 4BR,4BA | $0.49 |
Arcadia Harrisonburg | 4BD/4.5BAP | 4BR,4.5BA | $0.54 |
The Mill | 4x2 | 4BR,2BA | $0.41 |
The Hills Northview Apartments | D1-Premium | 4BR,2BA | $0.46 |
North 38 | 3x3 Premium | 3BR,3BA | $0.62 |
Landings at Weyers Cave | The Augusta | 2BR,2BA | $0.93 |
Middlebrook Trace | 2 Bed | 2BR,1.5BA | $0.99 |
Valley View Senior Apartments | 2/1 | 2BR,1BA | $0.94 |
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 49 Apartments for Rent in Monterey, VA with pricing that ranges from $425 to $3,633. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monterey ranging from $525 to $3,800.
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 $525 to $3,800 with an average monthly rent of $1,796.
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 $425 to $3,633, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,725 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,996 and Four Bedroom Apartments start at $499.
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.

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.

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.

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.

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.