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Cheap Apartments for Rent in the Monterey Neighborhood of Orlando, FL from $400 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the Monterey area of Orlando.
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$9501 Bedroom Apartments Contact Us For Availability
El Dorado Senior Apartments 55 or Over
5520 Casa Blanca LnOrlando, FL 32807
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$1,025 - $3,153Studio to 3 Bedroom Apartments Available Now
Woodlake Villas
720 S Conway RdOrlando, FL 32807
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Rent Specials
$1,055 - $1,319Studio to 2 Bedroom Apartments Available Now
Blossom Corners Apartments
2143 Raper Dairy RdOrlando, FL 32822
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Monterey, Orlando, FL Local Guide
How much does it cost to rent an apartment in Monterey?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monterey Studio Apartments | $1,097 | $1,025 | $1,175 |
| Monterey 1 Bedroom Apartments | $1,276 | $452 | $1,724 |
| Monterey 2 Bedroom Apartments | $1,647 | $528 | $2,700 |
| Monterey 3 Bedroom Apartments | $1,908 | $588 | $2,464 |
| Monterey 4 Bedroom Apartments | $3,076 | $2,399 | $4,431 |
Browse Apartments in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Monterey Neighborhood of Orlando, FL.
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Monterey, Orlando, FL Local Guide
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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 Hollow Brook priced from $848. Royal Isles has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,150. Here are the most affordable Monterey apartments for rent in Orlando, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hollow Brook | 1BR50% | 1BR,1BA | $848 |
| Royal Isles | The Shenandoah | 1BR,1BA | $1,150 |
| Sunset Place | A1 | Studio,1BA | $1,164 |
Best Value Apartments for Rent in Monterey, FL
As of November 15, 2025 the best value apartment in the Monterey area is the $1.56 price per square foot 2BR80% Model at Hollow Brook in the in the East Central Park neighborhood starting from $1,715. The second greatest value Monterey apartment is the The Sago Model at Avery Place Villas starting at $1,637 with a $1.62 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Hollow Brook | 2BR80% | 2BR,1.5BA | $1.56 |
| Avery Place Villas | The Sago | 1BR,1BA | $1.62 |
| Harper Grand | The Tenley | 1BR,1.5BA | $1.97 |
| The Canopy Apartment Villas | Haven Premium | 1BR,1BA | $1.86 |
| Woodlake Villas | 1x1 | 1BR,1BA | $1.61 |
| Royal Isles | The Shenandoah | 1BR,1BA | $1.62 |
| Cadence Crossing | Location! Location! Location! We have the best ... | 1BR,1BA | $1.81 |
| The Villas At Pinecrest | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.87 |
| Sunset Place | A2 | 1BR,1BA | $1.99 |
| Blossom Corners Apartments | 1 bed 1 bath Galley Laminated | 1BR,1BA | $2.25 |
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Pet Friendly LifestyleMonterey, Orlando, FL
Ranked #168
Among cities in Florida for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Monterey, Orlando, FL
School data provided by Great Schools
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 Hollow Brook which is listed at $848, while the average apartment in Monterey costs $6,468.
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 $217 which is $6,251 cheaper than the average rent for all rentals in Monterey.
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.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.