
Cheap Apartments for Rent in Monticello, AR from $500 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in Monticello.


Pine Valley Apartments

626 W Trotter St

Meadowview Apartments

Park Ridge of Monticello

930 US-278

The Vineyards at Monticello

Lively Branch Apartments

Sunset Village
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.

Total Monthly Price
The Dels El Dorado

Woodland Plaza

New Studio One LLC

Delta Village Mobile Home Community

Terrace Villa

Sunset Village Apartments

Camelot Apartments and Townhomes

Kirklin Heights Apartments

Cambridge Place Apartments
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.

Oak Creek Apartment

Broadway Commons

Bowmanor Garden Apartments

Jefferson Terrace Apartments

Ridgway Estates

Total Monthly Price
Town & Country Apartment Homes

Bayou Park Apartments

Signature Place Apartments

Hideaway Place Apartments
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.

Total Monthly Price
Seasons & Woodale Apartments

131 LA-136

Jefferson Court

9668 Flowers Rd

3804 W 25th Ave

2001 W 28th Ave

5277 LA-577

Seasons Apartments

Meadowbrook Apartments
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.

2707 W 27th Ave

423 Inez St

2804 S Cherry St

White Hall Estates

1313 S Maple St

7112 Pine Grove Loop Rd

204 Truman St

107 S Beech St

Oakwood Estates
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

2000 Avondale Dr

1607 W Center St
Monticello, AR Local Guide

How much does it cost to rent an apartment in Monticello?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monticello Studio Apartments | $559 | $510 | $665 |
| Monticello 1 Bedroom Apartments | $1,031 | $530 | $2,024 |
| Monticello 2 Bedroom Apartments | $1,136 | $700 | $2,850 |
| Monticello 3 Bedroom Apartments | $1,337 | $775 | $2,224 |
| Monticello 4 Bedroom Apartments | $1,400 | $950 | $1,850 |
Browse Top Apartments in Monticello
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Monticello, AR Local Guide
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Cheapest Available Monticello Apartments for Rent and Nearby
 The cheapest available apartment rental in Monticello, AR is a Studio unit found at Sunset Village priced from $510. The Dels El Dorado has the second lowest priced unit, which is a Studio apartment currently listed from $545. Here is today’s list of the most affordable Monticello apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sunset Village | STUDS | Studio,1BA | $510 |
| The Dels El Dorado | Studio | Studio,1BA | $545 |
| New Studio One LLC | Studio, 1 bath | Studio,1BA | $595 |
| Jefferson Court | 1 Bedroom | 1BR,1BA | $650 |
| Delta Village Mobile Home Community | 3 Bedroom 2 Bath STD | 3BR,2BA | $650 |
| Terrace Villa | 1BR/1BA | 1BR,1BA | $700 |
| Sunset Village Apartments | 1 Bed, 1 bath | 1BR,1BA | $710 |
| Pine Valley Apartments | 1 Bedroom | 1BR,1BA | $725 |
| Seasons Apartments | 2 Bedroom 1.5 Bath | 2BR,1BA | $760 |
| Meadowbrook Apartments | Two Bedroom Unit | 2BR,1BA | $765 |
Best Value Apartments for Rent in Monticello, AR and Nearby
As of February 22, 2026 the best value apartment in the Monticello area is the $1.02 price per square foot Three Bedroom / One and a half Bath Model at Town & Country Apartment Homes in the starting from $1,100. The second greatest value Monticello apartment is the 3 Bedroom 2 Bath STD Model at Delta Village Mobile Home Community starting at $650 with a $0.68 price per square foot . Here is today’s list of the best values for Monticello apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Town & Country Apartment Homes | Three Bedroom / One and a half Bath | 3BR,1.5BA | $1.02 |
| Delta Village Mobile Home Community | 3 Bedroom 2 Bath STD | 3BR,2BA | $0.68 |
| Jefferson Terrace Apartments | 2 Beds, 1 bath | 2BR,1BA | $0.90 |
| Camelot Apartments and Townhomes | 2.2 | 2BR,2BA | $0.91 |
| Seasons Apartments | 2 Bedroom 1.5 Bath | 2BR,1.5BA | $0.87 |
| Meadowbrook Apartments | Two Bedroom Unit | 2BR,1BA | $0.90 |
| Lively Branch Apartments | 2 Beds, 1 Baths | 2BR,1BA | $0.94 |
| Terrace Villa | 1BR/1BA | 1BR,1BA | $0.91 |
| Jefferson Court | 1 Bedroom | 1BR,1BA | $0.91 |
| Pine Valley Apartments | 1 Bedroom | 1BR,1BA | $1.06 |
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 ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
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.
Best Local Schools in Monticello, AR
Drew Central Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Monticello, AR Rentals by Map
See the most popular apartments and homes in Monticello, AR
Frequently Asked Questions about Cheap Monticello Apartments
What is the Cheapest Studio apartment in Monticello?
Currently the most affordable Cheap Studio Apartment in Monticello is at Sunset Village listed at $510.
How much is rent for a Cheap One Bedroom Monticello Apartment?
The lowest price for a Cheap One Bedroom Monticello Apartment is $530 at Sunset Village.
What is the lowest price for a Cheap Two Bedroom Monticello Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Monticello is starting from $700 at Sunset Village.
What is the most affordable Monticello Three Bedroom Apartment?
The best deal on a cheap Monticello Three Bedroom Apartment rental is at Delta Village Mobile Home Community and starts from $650.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.