
Cheap Apartments for Rent in the Monterrey Terrace Neighborhood of Renton, WA from $700 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in the Monterrey Terrace area of Renton.


Riviera Apartments

Divine Suites at Downtown Renton

211 Park Ave N

Griffis Lake Washington

Maplewood Park

Constellation

114 NW 3rd Pl

Highland Palms
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 | $1,654 | $900 | $2,923 |
| Monterrey Terrace 1 Bedroom Apartments | $1,913 | $1,000 | $3,221 |
| Monterrey Terrace 2 Bedroom Apartments | $2,301 | $1,395 | $3,856 |
| Monterrey Terrace 3 Bedroom Apartments | $2,851 | $1,968 | $4,326 |
Browse Apartments in this Neighborhood
There are currently 28 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
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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 |
| Divine Suites at Downtown Renton | 1BR/1.0BA | 1BR,1BA | $1,295 |
| Griffis Lake Washington | Alder | Studio,1BA | $1,447 |
| RENTON SAGE | 1x1 Junior Classic | 1BR,1BA | $1,459 |
| Constellation | Vela | 1BR,1BA | $1,490 |
| Maplewood Park | STDO | Studio,1BA | $1,490 |
| Brighton Ridge | Plan 1A | 1BR,1BA | $1,529 |
| The Berkshire | Cedar | 1BR,1BA | $1,533 |
| Crown Pointe | Plan A1A | 1BR,1BA | $1,546 |
Best Value Apartments for Rent in Monterrey Terrace, WA
As of November 15, 2025 the best value apartment in the Monterrey Terrace area is the $2.25 price per square foot Portsmith Model at Bella Vista in the in the Kennydale neighborhood starting from $3,329. The second greatest value Monterrey Terrace apartment is the Plan 3B Townhome Model at Forestview starting at $2,987 with a $2.23 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. |
|---|---|---|---|
| Bella Vista | Portsmith | 2BR,2BA | $2.25 |
| Forestview | Plan 3B Townhome | 3BR,2BA | $2.23 |
| Puget Drive Townhomes | 3 Bedroom | 3BR,2.5BA | $2.27 |
| Echo Mountain | 2x2 with Den B Renovated | 2BR,2BA | $2.05 |
| Wellsforth Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $2.18 |
| 527 Wells Ave N, Unit 527 Wells Ave | 527 Wells Ave N | 1BR,1BA | $2.26 |
| Reserve at Renton - 55+ Active Senior Living | B1 | 2BR,1BA | $2.33 |
| The Windsor | Cambridge 1x1 | 1BR,1BA | $2.35 |
| Watershed Renton | 1 Bed 1 Bath | 1BR,1BA | $2.14 |
| Constellation | Vela | 1BR,1BA | $2.40 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleMonterrey Terrace, Renton, WA
Ranked #24
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 $1,546.
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 $1,000, while the average apartment in Monterrey Terrace costs $18,360.
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 92 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 $620 which is $17,740 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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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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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.


















