Cheap Apartments for Rent in the Monterrey Terrace Neighborhood of Renton, WA from $700 (21 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Monterrey Terrace area of Renton.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Arbour Apartments
1 to 2 Bedroom Apartments

Arbour Apartments

2200-2202 NE 10th PlRenton, WA 98056
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Taylor West Apartments
1 to 2 Bedroom Apartments

Taylor West Apartments

401 Taylor Pl NWRenton, WA 98057
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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.

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Sunset Oaks
Studio to 2 Bedroom Apartments

Sunset Oaks

2650 NE 10th StRenton, WA 98056
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Roxy Apartments
Studio to 2 Bedroom Apartments

Roxy Apartments

280 Morris Ave SRenton, WA 98057
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Rencliffe Apartments
1 to 2 Bedroom Apartments

Rencliffe Apartments

390 Taylor Ave NWRenton, WA 98057
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Halo 11 Townhomes
2 Bedroom Apartments

Halo 11 Townhomes

3109 NE 11th PlRenton, WA 98056
  • Smoke Free
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The Hampton
2 Bedroom Apartments

The Hampton

270 Bronson Way NERenton, WA 98056
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Highland Ridge
1 to 2 Bedroom Apartments

Highland Ridge

905-907 Aberdeen Ave NERenton, WA 98056

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.

Monterrey Terrace, Renton, WA Local Guide

Cheapest Available Monterrey Terrace Apartments for Rent

 

The cheapest available apartment rental in the Monterrey Terrace area of Seattle, WA is a Studio unit found at Riviera Apartments priced from $1,175. Crown Pointe has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,404. Here are the most affordable Monterrey Terrace apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
Riviera ApartmentsStudio Layout 1Studio,1BA$1,175
Crown PointePlan A1B1BR,1BA$1,404
Maplewood ParkSTDOStudio,1BA$1,429
RENTON SAGE APARTMENTS1x1 Junior Classic1BR,1BA$1,508
Heritage HillsPioneerStudio,1BA$1,525

Best Value Apartments for Rent in Monterrey Terrace, WA

As of June 13, 2025 the best value apartment in the Monterrey Terrace area is the $1.78 price per square foot 445 Smithers Ave S Model at 445 Smithers Ave S, Unit 1 in the in the Northeast Spring Glen neighborhood starting from $2,140. The second greatest value Monterrey Terrace apartment is the Monarch 3x2 Model at The Windsor starting at $2,628 with a $2.30 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 ListingModel NameBed/BathPrice Per Sq.Ft.
445 Smithers Ave S, Unit 1445 Smithers Ave S3BR,1BA$1.78
The WindsorMonarch 3x23BR,2BA$2.30
361 Earlington Ave SW361 Earlington Ave SW3BR,2BA$2.17
The Fulton ApartmentsTwo Bedroom 1044 with Patio2BR,2BA$2.34
The BerkshireAlder2BR,1BA$2.14
Peak 882x12BR,1BA$2.14
617 SW 3rd Pl, Unit A617 SW 3rd Pl2BR,1BA$2.26
Heritage Grove1x11BR,1BA$2.22
Hilltop in the HighlandsPlan A11BR,1BA$2.38
Crown PointePlan A1B1BR,1BA$2.15

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Pet Friendly Lifestyle
Monterrey Terrace, Renton, WA

Ranked #27

Among neighborhoods in Renton, WA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

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.

Frequently Asked Questions about Cheap Monterrey Terrace Apartments

What is a cheap apartment in Monterrey Terrace?

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

What is the price of a cheap apartment in Monterrey Terrace?

The cheapest apartment in Monterrey Terrace is Crown Pointe which is listed at $1,404, while the average apartment in Monterrey Terrace costs $4,700.

What types of apartments are the cheapest in Monterrey Terrace?

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 14 regular apartments in Monterrey Terrace 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 Monterrey Terrace?

Cheap apartments in Monterrey Terrace have an average cost of $228 which is $4,472 cheaper than the average rent for all rentals in Monterrey Terrace.

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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The 10 Best Affordable Neighborhoods in Seattle, WA

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.

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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.