Search the lowest-cost Apartments available for rent right now in the Monterrey Terrace area of Renton.
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| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monterrey Terrace Studio Apartments | $1,664 | $850 | $2,745 |
| Monterrey Terrace 1 Bedroom Apartments | $1,956 | $950 | $3,929 |
| Monterrey Terrace 2 Bedroom Apartments | $2,280 | $1,299 | $3,867 |
| Monterrey Terrace 3 Bedroom Apartments | $3,052 | $1,968 | $4,266 |
There are currently 23 rentals with your search options within a 2 mile radius of the Monterrey Terrace Neighborhood of Renton, WA.
See all Apartments in RentonThe cheapest available apartment rental in the Monterrey Terrace area of Seattle, WA is a Studio unit found at Reserve at Renton - 55+ Active Senior Living priced from $850. Riviera Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,180. Here are the most affordable Monterrey Terrace apartments for rent in Seattle, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Reserve at Renton - 55+ Active Senior Living | S1 | Studio,1BA | $850 |
| Riviera Apartments | Studio Layout 1 | Studio,1BA | $1,180 |
| Maplewood Park | STDO | Studio,1BA | $1,399 |
| Divine Suites at Downtown Renton | 0BR/1.0BA | Studio,1BA | $1,400 |
| Constellation | Vela | 1BR,1BA | $1,443 |
As of February 17, 2026 the best value apartment in the Monterrey Terrace area is the $2.06 price per square foot 3x2.5 TH Upgraded Model at Echo Mountain in the in the Orillia neighborhood starting from $2,639. The second greatest value Monterrey Terrace apartment is the 2 Bed, 1.5 Bath Townhome Modern Reno Model at Honey Creek starting at $2,600 with a $2.45 price per square foot in the Kennydale neighborhood. Here is today’s list of the best values for Monterrey Terrace apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Echo Mountain | 3x2.5 TH Upgraded | 3BR,2.5BA | $2.06 |
| Honey Creek | 2 Bed, 1.5 Bath Townhome Modern Reno | 2BR,1.5BA | $2.45 |
| Hilltop in the Highlands | Plan B2 | 2BR,2BA | $1.87 |
| Forestview | Plan 2A | 2BR,1BA | $2.29 |
| Wellsforth Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $2.18 |
| Crown Pointe | Plan B2 | 2BR,2BA | $2.13 |
| Heritage Grove | 1x1 | 1BR,1BA | $2.22 |
| The Windsor | Cambridge 1x1 | 1BR,1BA | $2.35 |
| The Renton Sage Apartments | 1 Bedroom 60 Percent AMI | 1BR,1BA | $2.39 |
| Constellation | Vela | 1BR,1BA | $2.33 |
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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Read ArticleThe 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.
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ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities and towns across the United States including Monterrey Terrace, Renton, and the greater Seattle area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, features that make it easier to raise kids, raising pets, transit options, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Monterrey Terrace is under $1,595.
The cheapest apartment in Monterrey Terrace is Reserve at Renton - 55+ Active Senior Living which is listed at $950, while the average apartment in Monterrey Terrace costs $3,122.
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 91 regular apartments in Monterrey Terrace that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Cheap apartments in Monterrey Terrace have an average cost of $740 which is $2,382 cheaper than the average rent for all rentals in Monterrey Terrace.
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.
Written by: Sharon Stallings
I'm Sharon, your ApartmentHomeLiving.com Local Expert for Seattle, Washington. My husband, two children, and I moved to West Seattle in 1995.
Written by: Sharon Stallings
I'm Sharon, your ApartmentHomeLiving.com Local Expert for Seattle, Washington. Whether you're new to Seattle or grew up here, the neighborhood where you live makes a huge difference while attending college.
Written by: Sharon Stallings
I'm Sharon, your ApartmentHomeLiving.com Local Expert for Seattle, Washington. We're blessed to live in Seattle, affectionately known as the Emerald City.
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.
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
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.
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.
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