Cheap Apartments for Rent in the Monterey Neighborhood of Orlando, FL from $800 (16 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Monterey area of Orlando.

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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Windward Apartments
1 Bedroom Apartments

Windward Apartments

1746 Bowen DrOrlando, FL 32822
  • Utilities Included

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.

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.

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Royal Bay Apartments
Studio to 2 Bedroom Apartments

Royal Bay Apartments

5560 Curry Ford RdOrlando, FL 32822
  • Utilities Included

Monterey, Orlando, FL Local Guide

Cheapest Available Monterey Apartments for Rent

 

The cheapest available apartment rental in the Monterey area of Orlando, FL is a 1 Bed unit found at Woodlake Villas priced from $1,145. Sunset Place has the second lowest priced unit, which is a Studio apartment currently listed from $1,237. Here are the most affordable Monterey apartments for rent in Orlando, FL:

Apartment ListingModel NameBed/BathPriced From
Woodlake Villas1x11BR,1BA$1,145
Sunset PlaceA1PStudio,1BA$1,237
HOLLOW BROOK1 Bedroom 1 Bathroom1BR,1BA$1,243
Blossom Corners Apartments1 bed 1 bath WD Laminated1BR,1BA$1,319
Iris FlatsBlue Flag1BR,1BA$1,329

Best Value Apartments for Rent in Monterey, FL

As of June 28, 2025 the best value apartment in the Monterey area is the $1.77 price per square foot The Robellini Model at Avery Place Villas in the in the Lake Underhill neighborhood starting from $2,335. The second greatest value Monterey apartment is the Haven Premium Model at The Canopy Apartment Villas starting at $1,602 with a $1.94 price per square foot in the Lake Underhill neighborhood. Here is today’s list of the best values for Monterey apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Avery Place VillasThe Robellini3BR,2BA$1.77
The Canopy Apartment VillasHaven Premium1BR,1BA$1.94
Woodlake Villas1x11BR,1BA$1.53
Royal IslesThe Shenandoah1BR,1BA$1.83
HOLLOW BROOK1 Bedroom 1 Bathroom1BR,1BA$1.67
Cadence CrossingOur one bedroom premier units are on fire! Appl...1BR,1BA$1.95
Harper GrandThe Mason1BR,1BA$2.33
Blossom Corners Apartments1 bed 1 bath WD Laminated1BR,1BA$2.29
Sunset PlaceA1PStudio ,1BA$2.25
Iris FlatsBlackberry Lily1BR,1BA$2.65

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Monterey, Orlando, FL

Ranked #218

Among neighborhoods in Orlando, FL for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Lifestyle Ratings

Our team of engineers and researchers is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States, including Orlando. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for outdoor amenities like tennis courts, luxury amenities, transit availability, pet-friendly communities, apartment communities for the kids, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Monterey Apartments

How much is rent for a Cheap One Bedroom Monterey Apartment?

The lowest price for a Cheap One Bedroom Monterey Apartment is $1,145 at Woodlake Villas.

What is the lowest price for a Cheap Two Bedroom Monterey Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Monterey is starting from $1,477 at HOLLOW BROOK.

What is the most affordable Monterey Three Bedroom Apartment?

The best deal on a cheap Monterey Three Bedroom Apartment rental is at HOLLOW BROOK and starts from $1,648.

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.

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An Orlando Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent

Written by: Darla Ferrara

For many, Orlando is the place where you vacation, not live. However, this city, located in the central region of Florida, offers a vibrant tech community, plenty of outdoor activities, and some of the best schools in the country.

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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.

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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.

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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.