
Cheap Apartments for Rent in Monticello, MS from $675 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in Monticello.


5575 Robin Wood Rd

Magnolia Square

Timber Ridge

Marion Manor Apartments

Meadow Creek Apartments

Lakeview

The Hub on 4th
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Mark IV Apartments

Mark V Apartments

Oak Grove Place Apartments

Magnolia Trace

The Park at Devonshire

Mark VI Apartments

Tremont at 22

Caleb Place Apartments
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.

Shenandoah Townhomes

The Belmont

Newly Major Renovated Beverly Manor

1012 Pin Oak Ln

1158 Burt Loop Rd

211 S Haley St

1080 Enoch Ln

Oak Grove Courts
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

6 E Westover Dr

18 E Westover Dr

1854 Covington Ln NE

Birchwood Estates

4 Eatonville Rd

The Grande at Hub City

347 Catalpa Trail SE

26 Kings Ct
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.

The Grande at Timberwood

140 Magnolia Dr

204 Livingston Rd NE

1822 Covington Ln NE

119 Magnolia Dr

1223 Marydale Dr

346 Mason Blvd

34 Princess Ct
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 Grande at Sehoy
Monticello, MS Local Guide

How much does it cost to rent an apartment in Monticello?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monticello Studio Apartments | $745 | $745 | $745 |
| Monticello 1 Bedroom Apartments | $1,142 | $675 | $1,519 |
| Monticello 2 Bedroom Apartments | $1,318 | $775 | $2,753 |
| Monticello 3 Bedroom Apartments | $1,447 | $900 | $1,868 |
| Monticello 4 Bedroom Apartments | $1,272 | $755 | $1,630 |
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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 1 Bed unit found at Meadow Creek Apartments in the South West neighborhood priced from $750. Magnolia Square has the second lowest priced unit, which is a 2 Beds apartment currently listed from $775. Here is today’s list of the most affordable Monticello apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Meadow Creek Apartments | 1/1 | 1BR,1BA | $750 |
| Magnolia Square | 2BR/1BA | 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 Hub City | 2 Bedroom 1 Bath | 2BR,1BA | $860 |
| Oak Grove Place Apartments | 1B1B | 1BR,1BA | $866 |
| Marion Manor Apartments | 2 BEDOOM 1 BATH | 2BR,1BA | $890 |
| The Grande at Timberwood | 2 Bedroom 1 Bath | 2BR,1BA | $890 |
| Caleb Place Apartments | 1 BR 1 BA | 1BR,1BA | $939 |
| Shenandoah Townhomes | 2 Bedroom | 2BR,1BA | $950 |
Best Value Apartments for Rent in Monticello, MS and Nearby
As of August 23, 2026 the best value apartment in the Monticello area is the $0.63 price per square foot C1 Cottage Floor Plan Model at The Cottages of Hattiesburg in the starting from $960. The second greatest value Monticello apartment is the Calluna Model at The Henry starting at $1,383 with a $1.11 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 Cottages of Hattiesburg | C1 Cottage Floor Plan | 3BR,3BA | $0.63 |
| The Henry | Calluna | 3BR,2BA | $1.11 |
| River Park Apartments | B2 | 2BR,2BA | $1.12 |
| Newly Major Renovated Beverly Manor | Newly Renovated 2 Bedroom 1.5 Bath Townhouse $5... | 2BR,1.5BA | $0.90 |
| 239 Hartfield Rd | 3 Bed / 1 Bath | 3BR,1BA | $1.11 |
| Shenandoah Townhomes | 2 Bedroom | 2BR,1.5BA | $0.98 |
| Magnolia Square | 3BR/1BA | 3BR,1BA | $0.95 |
| The Grande at Timberwood | 2 Bedroom 1 Bath | 2BR,1BA | $1.05 |
| The Grande at Hub City | 2 Bedroom 1 Bath | 2BR,1BA | $1.08 |
| Meadow Creek Apartments | 1/1 | 1BR,1BA | $1.10 |
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 $750 at Meadow Creek Apartments.
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 Magnolia Square.
What is the most affordable Monticello Three Bedroom Apartment?
The best deal on a cheap Monticello Three Bedroom Apartment rental is at Magnolia Square and starts from $905.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.