Cheap Apartments for Rent in Monticello, AR from $500 (55 Rentals)

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Search the lowest-cost Apartments available for rent right now in Monticello.

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.

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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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Jefferson Court
1 to 2 Bedroom Apartments

Jefferson Court

2100 W 40th AvePine Bluff, AR 71603
  • Utilities Included

Cash 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.

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Oakwood Estates
1 to 3 Bedroom Apartments

Oakwood Estates

1457 Oakwood DrGreenville, MS 38701
  • Utilities Included
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Seasons Apartments
1 to 3 Bedroom Apartments

Seasons Apartments

301 W 33rd AvePine Bluff, AR 71603
  • Utilities Included
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Meadowbrook Apartments
1 to 3 Bedroom Apartments

Meadowbrook Apartments

1901 W 40th AvePine Bluff, AR 71603
  • Utilities Included
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White Hall Estates
2 to 3 Bedroom Apartments

White Hall Estates

106 W Little LnWhite Hall, AR 71602
  • Utilities Included

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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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.

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Monticello, AR Local Guide

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 ListingModel NameBed/BathPriced From
Sunset VillageSTUDSStudio,1BA$510
The Dels El DoradoStudioStudio,1BA$545
New Studio One LLCStudio, 1 bathStudio,1BA$595
Jefferson Court1 Bedroom1BR,1BA$650
Delta Village Mobile Home Community3 Bedroom 2 Bath STD3BR,2BA$650
Terrace Villa1BR/1BA1BR,1BA$700
Sunset Village Apartments1 Bed, 1 bath1BR,1BA$710
Pine Valley Apartments1 Bedroom1BR,1BA$725
Camelot Apartments and Townhomes2.1.52BR,1BA$735
Seasons Apartments2 Bedroom 1.5 Bath2BR,1BA$760

Best Value Apartments for Rent in Monticello, AR and Nearby

As of July 09, 2026 the best value apartment in the Monticello area is the $0.84 price per square foot 3 Bedroom Model at Oakwood Estates in the starting from $950. The second greatest value Monticello apartment is the B1 Model at Van Mark starting at $1,131 with a $1.03 price per square foot . Here is today’s list of the best values for Monticello apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Oakwood Estates3 Bedroom3BR,2BA$0.84
Van MarkB12BR,2BA$1.03
Broadway Commons2x12BR,1BA$0.83
Delta Village Mobile Home Community3 Bedroom 2 Bath STD3BR,2BA$0.68
Camelot Apartments and Townhomes2.22BR,2BA$0.91
Seasons Apartments2 Bedroom 1.5 Bath2BR,1.5BA$0.87
Bowmanor Garden Apartments2BD/1BA2BR,1BA$1.05
Terrace Villa1BR/1BA1BR,1BA$0.91
Jefferson Court1 Bedroom1BR,1BA$0.91
Pine Valley Apartments1 Bedroom1BR,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.

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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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Quick 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.

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Monticello, AR

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
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Explore Monticello, AR Rentals by Map

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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

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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.

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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.

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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.

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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.