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$900 - $2,028Studio to 2 Bedroom Apartments Available Now
Reserve at Renton - 55+ Active Senior Living
495 Renton Center Way SWRenton, WA 98057
Cheap Apartments for Rent in the Monterrey Terrace Neighborhood of Renton, WA from $700 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the Monterrey Terrace area of Renton.
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$1,145 - $1,405Studio to 1 Bedroom Apartments Available Now
Riviera Apartments
2205 Maple Valley HwyRenton, WA 98057
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$1,342 - $2,5911 to 2 Bedroom Apartments Available Now
Constellation
1455 S Puget DrRenton, WA 98055
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$1,355 - $1,595Studio to 1 Bedroom Apartments Available Now
Divine Suites at Downtown Renton
334 Wells Ave SRenton, WA 98057
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$1,398 - $2,3971 to 2 Bedroom Apartments Available Now
The Berkshire
1300 Eagle Ridge Dr SRenton, WA 98055
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
2323 Talbot Rd S
RentonWA98055
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$1,483 - $3,901Studio to 2 Bedroom Apartments Available Now
Maplewood Park
3815 NE 4th StRenton, WA 98056
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$1,495 - $2,4501 to 3 Bedroom Apartments Contact Us For Availability
Highland Palms
1151 Olympia Ave NERenton, WA 98056
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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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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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.
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Showing Results 1-25, Page 1 of 1
Monterrey Terrace, Renton, WA Local Guide
How much does it cost to rent an apartment in Monterrey Terrace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monterrey Terrace Studio Apartments | $1,772 | $900 | $2,928 |
| Monterrey Terrace 1 Bedroom Apartments | $1,897 | $950 | $3,375 |
| Monterrey Terrace 2 Bedroom Apartments | $2,331 | $1,495 | $3,901 |
| Monterrey Terrace 3 Bedroom Apartments | $2,761 | $1,968 | $4,137 |
Browse Apartments in this Neighborhood
There are currently 25 rentals with your search options within a 2 mile radius of the Monterrey Terrace Neighborhood of Renton, WA.
See all Apartments in RentonExplore Renton
Monterrey Terrace, Renton, WA Local Guide
- Nearby Renton neighborhoods
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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 Reserve at Renton - 55+ Active Senior Living priced from $900. 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 | $900 |
| Riviera Apartments | Studio Layout 1 | Studio,1BA | $1,180 |
| Constellation | Vela | 1BR,1BA | $1,342 |
| Divine Suites at Downtown Renton | 0BR/1.0BA | Studio,1BA | $1,355 |
| RENTON SAGE | 1x1 Previous Renovation | 1BR,1BA | $1,374 |
Best Value Apartments for Rent in Monterrey Terrace, WA
As of December 31, 2025 the best value apartment in the Monterrey Terrace area is the $2.17 price per square foot 3x2 Model at The Preserve at Cedar River in the in the Maplewood Heights neighborhood starting from $3,038. The second greatest value Monterrey Terrace apartment is the 2x2.5 Large Renovated Model at Echo Mountain starting at $2,477 with a $2.14 price per square foot in the Orillia 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. |
|---|---|---|---|
| The Preserve at Cedar River | 3x2 | 3BR,2BA | $2.17 |
| Echo Mountain | 2x2.5 Large Renovated | 2BR,2.5BA | $2.14 |
| Heritage Grove | 2x1 | 2BR,1BA | $2.18 |
| Wellsforth Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $2.18 |
| 527 Wells Ave N, Unit 527 Wells Ave | 527 Wells Ave N | 1BR,1BA | $2.17 |
| Pinnacle on Lake Washington | Antiqua | 1BR,1BA | $2.22 |
| Reserve at Renton - 55+ Active Senior Living | B1 | 2BR,1BA | $2.33 |
| Watershed Renton | 1 Bed 1 Bath | 1BR,1BA | $2.14 |
| Constellation | Vela | 1BR,1BA | $2.16 |
| The Berkshire | Aspen | 1BR,1BA | $2.33 |
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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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The 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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Pet Friendly LifestyleMonterrey Terrace, Renton, WA
Ranked #33
Among cities in Washington for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Monterrey Terrace, Renton, WA
School data provided by Great Schools
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 $1,530.
What is the price of a cheap apartment in Monterrey Terrace?
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 $2,568.
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 75 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 $617 which is $1,951 cheaper than the average rent for all rentals in Monterrey Terrace.
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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
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.
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!