Cheap Apartments for Rent in the Monterey Neighborhood of Orlando, FL from $800 (20 Rentals)

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

property at 4510 Cranston Pl

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

1 Bedroom, 1 Bath Home for Rent

Available Now

4510 Cranston Pl

OrlandoFL32812

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property at 1406 Conway Rd

$700 - $850

1 Bedroom Rentals

Available Now

1406 Conway Rd

OrlandoFL32812

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Windward Apartments
1 Bedroom Apartments

Windward Apartments

1746 Bowen DrOrlando, FL 32822
  • Utilities Included
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Iris Flats
1 Bedroom Apartments

Iris Flats

5767 Beau Barton PlOrlando, FL 32807
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Sunset Place
Studio to 3 Bedroom Apartments

Sunset Place

5953 Curry Ford RdOrlando, FL 32822
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Conway Club
1 to 3 Bedroom Apartments

Conway Club

1900 S Conway RdOrlando, FL 32812
  • Utilities Included

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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 Studio unit found at Woodlake Villas priced from $1,037. Iris Flats has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,049. Here are the most affordable Monterey apartments for rent in Orlando, FL:

Apartment ListingModel NameBed/BathPriced From
Woodlake VillasStudioStudio,1BA$1,037
Iris FlatsBlue Flag1BR,1BA$1,049
Sunset PlaceS1Studio,1BA$1,091
Royal Isles ApartmentsClassic Crown1BR,1BA$1,195
The Villas At Pinecrest1 Bedroom, 1 Bathroom1BR,1BA$1,270

Best Value Apartments for Rent in Monterey, FL

As of August 04, 2026 the best value apartment in the Monterey area is the $1.91 price per square foot Sago Model at Avery Place in the in the Lake Underhill neighborhood starting from $1,849. The second greatest value Monterey apartment is the 2556 Woodgate Blvd Model at 2556 Woodgate Blvd, Unit Apt 206 starting at $1,650 with a $1.83 price per square foot in the Salisbury 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 PlaceSago1BR,1BA$1.91
2556 Woodgate Blvd, Unit Apt 2062556 Woodgate Blvd2BR,2BA$1.83
The Canopy Apartment VillasHaven Premium1BR,1BA$1.93
Royal Isles ApartmentsUpgraded Monarch1BR,1BA$1.69
Hollow Brook1BR70%1BR,1BA$1.87
Cadence CrossingLocation! Location! Location! We have the best ...1BR,1BA$1.99
The Villas At Pinecrest1 Bedroom, 1 Bathroom1BR,1BA$1.87
Blossom Corners Apartments1 bed 1 bath Galley Laminated1BR,1BA$2.25
Sunset PlaceS2Studio ,1BA$2.05
Iris FlatsBlue Flag1BR,1BA$2.06

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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Learn About the Best Neighborhoods to Rent Near College Campuses in Orlando, FL | Find Orlando Off-Campus Student Housing at ApartmentHomeLiving.com

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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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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

What is a cheap apartment in Monterey?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Monterey is under $1,599.

What is the price of a cheap apartment in Monterey?

The cheapest apartment in Monterey is Iris Flats which is listed at $1,049, while the average apartment in Monterey costs $1,636.

What types of apartments are the cheapest in Monterey?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 8 regular apartments in Monterey that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Monterey?

Cheap apartments in Monterey have an average cost of $231 which is $1,405 cheaper than the average rent for all rentals in Monterey.

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.

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