
Cheap Apartments for Rent in Monticello, MS from $600 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in Monticello.


Magnolia Square

Timber Ridge

Meadow Creek Apartments

Lakeview

Marion Manor Apartments

The Hub on 4th

Oak Grove Place Apartments
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.

Mark V Apartments

Mark IV Apartments

Magnolia Trace

The Park at Devonshire

Mark VI Apartments

Tremont at 22

Shenandoah Townhomes

Summer West Apartments
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.

The Belmont

Parklane Apartment Homes

5010 Harmony Rd

1158 Burt Loop Rd

1012 Pin Oak Ln

418 Harmony Rd

211 S Haley St

919 25th St
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.

Oak Grove Courts

421 Fielding Ave

Point O'Woods Apartments

2858 Fairhill Dr

1852 Covington Ln NE

Birchwood Estates

25 Kings Ct

4 Eatonville Rd
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.

The Grande at Hub City

347 Catalpa Trail SE

The Grande at Timberwood

1223 Marydale Dr

130 Magnolia Dr

119 Magnolia Dr

1018 Deryll St

34 Princess Ct
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.
Monticello, MS Local Guide

How much does it cost to rent an apartment in Monticello?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monticello 1 Bedroom Apartments | $1,169 | $675 | $1,783 |
| Monticello 2 Bedroom Apartments | $1,328 | $759 | $2,674 |
| Monticello 3 Bedroom Apartments | $1,464 | $805 | $1,919 |
| Monticello 4 Bedroom Apartments | $1,005 | $705 | $1,600 |
Browse Top Apartments in Monticello
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Monticello, MS Local Guide
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Cheapest Available Monticello Apartments for Rent and Nearby
 The cheapest available apartment rental in Monticello, MS is a 2 Beds unit found at Meadow Creek Apartments in the South West neighborhood priced from $775. The Hub on 4th 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 Monticello apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Meadow Creek Apartments | 2/1 | 2BR,1BA | $775 |
| The Hub on 4th | 1 bd 1 ba | 1BR,1BA | $800 |
| Birchwood Estates | 1/1- no hookup | 1BR,1BA | $850 |
| The Grande at Timberwood | 2 Bedroom 1 Bath | 2BR,1BA | $890 |
| Magnolia Trace | 1 Bed/1 Bath | 1BR,1BA | $899 |
| Tremont at 22 | A1 Floorplan | 1BR,1BA | $922 |
| Shenandoah Townhomes | 2 Bedroom | 2BR,1BA | $925 |
| The Park at Devonshire | 1 Bedroom/ 1 Bathroom Silver | 1BR,1BA | $935 |
| Summer West Apartments | 1x1 | 1BR,2BA | $960 |
| The Belmont | 1 BR | 1BR,1BA | $995 |
Best Value Apartments for Rent in Monticello, MS and Nearby
As of May 13, 2026 the best value apartment in the Monticello area is the $0.93 price per square foot 2 Bed 2 Bath Model at The Drake at Oak Grove Apartments in the starting from $1,395. The second greatest value Monticello apartment is the Regency Model at Reserve at Long Point starting at $1,650 with a $1.17 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. |
|---|---|---|---|
| The Drake at Oak Grove Apartments | 2 Bed 2 Bath | 2BR,2BA | $0.93 |
| Reserve at Long Point | Regency | 3BR,3BA | $1.17 |
| The Lakes At Turtle Creek Apartment Homes | 3BD/2BA | 3BR,2BA | $1.08 |
| Spring Lake | C2 - Renovated | 3BR,2BA | $1.18 |
| Newly Major Renovated Beverly Manor | Newly Renovated 2 Bedroom 1.5 Bath Townhouse $3... | 2BR,1.5BA | $1.00 |
| MidSouth 301 | 2x2 Renovated | 2BR,2BA | $1.17 |
| 239 Hartfield Rd | 3 Bed / 1 Bath | 3BR,1BA | $1.11 |
| Shenandoah Townhomes | 2 Bedroom | 2BR,1.5BA | $0.96 |
| The Grande at Timberwood | 2 Bedroom 1 Bath | 2BR,1BA | $1.05 |
| Meadow Creek Apartments | 2/1 | 2BR,1BA | $0.96 |
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 ArticleReal 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.
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, MS
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Monticello, MS Rentals by Map
See the most popular apartments and homes in Monticello, MS
Frequently Asked Questions about Cheap Monticello Apartments
How much is rent for a Cheap One Bedroom Monticello Apartment?
The lowest price for a Cheap One Bedroom Monticello Apartment is $800 at The Hub on 4th.
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 $775 at Meadow Creek Apartments.
What is the most affordable Monticello Three Bedroom Apartment?
The best deal on a cheap Monticello Three Bedroom Apartment rental is at 239 Hartfield Rd and starts from $1,095.
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

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.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.