Cheap Apartments for Rent in the Monterey Neighborhood of Orlando, FL from $400 (11 Rentals)

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

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Windward Apartments
1 Bedroom Apartments

Windward Apartments

1746 Bowen DrOrlando, FL 32822
  • Utilities Included

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Sunset Place
Studio to 3 Bedroom Apartments

Sunset Place

5953 Curry Ford RdOrlando, FL 32822

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 Blossom Corners Apartments priced from $1,055. Sunset Place has the second lowest priced unit, which is a Studio apartment currently listed from $1,122. Here are the most affordable Monterey apartments for rent in Orlando, FL:

Apartment ListingModel NameBed/BathPriced From
Blossom Corners ApartmentsStudio LaminateStudio,1BA$1,055
Sunset PlaceS2Studio,1BA$1,122
Royal Isles ApartmentsClassic Crown1BR,1BA$1,200
The Villas At Pinecrest1 Bedroom, 1 Bathroom1BR,1BA$1,240
Hollow Brook2BR60%2BR,1BA$1,240

Best Value Apartments for Rent in Monterey, FL

As of February 23, 2026 the best value apartment in the Monterey area is the $1.58 price per square foot The Robellini Model at Avery Place Villas in the in the Lake Underhill neighborhood starting from $2,080. The second greatest value Monterey apartment is the 2BR70% Model at Hollow Brook starting at $1,477 with a $1.34 price per square foot in the East Central Park 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$1.58
Hollow Brook2BR70%2BR,2BA$1.34
The Canopy Apartment VillasHaven Premium1BR,1BA$1.74
Woodlake Villas1x11BR,1BA$1.77
Royal Isles ApartmentsUpgraded Monarch1BR,1BA$1.67
819 Pablo Ln, Unit 819 Pa819 Pablo Ln1BR,1BA$1.42
Harper GrandThe Mason1BR,1BA$2.19
The Villas At Pinecrest1 Bedroom, 1 Bathroom1BR,1BA$2.18
Sunset PlaceS2Studio ,1BA$2.04
Dover GardensReduced Rental Rate! Beautiful One-bedroom Apar...1BR,1BA$2.49

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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 the price of a cheap apartment in Monterey?

The cheapest apartment in Monterey is Royal Isles Apartments which is listed at $1,200, while the average apartment in Monterey costs $7,556.

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 3 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 $271 which is $7,285 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.

Helpful Local Expert Guides

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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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Your Guide to the Perfect Orlando Neighborhood for Student Renters

Written by: Darla Ferrara

There is never a dull moment in Orlando, Florida. Along with top-tier universities, technical schools, and local colleges, there are world-class entertainment venues, the ocean within driving distance, and lots of sunshine.

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When I first moved to Orlando, Florida, in the 1990s, one of the things that drew me here was the remarkably low unemployment rates. There was a job for everyone. Two decades later, that fundamental appeal remains.

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When people think of Orlando, Florida, they dream of theme parks and sunny weather, and rightfully so. It’s that energy that keeps this city a mainstay in the global tourist industry.

Articles, How-To's, and Tips

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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.

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Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.