Cheap Homes for Rent in Monterrey Terrace Neighborhood of Renton, WA from $700 (15 Rentals)

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

property at 459 Index Ave NE

$700

Total Monthly Price

Total Monthly Price

Base Rent
$700

Total Monthly Price
$700

2 Bedroom, 1 Bath Home for Rent

Available Now

459 Index Ave NE

RentonWA98056

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 1150 Sunset Blvd NE

$1,580

Total Monthly Price

Total Monthly Price

Base Rent
$1,580

Total Monthly Price
$1,580

1 Bedroom, 1 Bath Home for Rent

Available Now

1150 Sunset Blvd NE

RentonWA98056
property at 2020 Grant Ave S

$1,595 - $1,895

1 To 2 Bedroom Rentals

Available Now

2020 Grant Ave S

RentonWA98055

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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 1 Bed unit found at Houser Terrace priced from $1,050. Riviera Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,145. Here are the most affordable Monterrey Terrace apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
Houser Terrace1 Bed, 1 bath1BR,1BA$1,050
Riviera ApartmentsStudio Layout 1Studio,1BA$1,145
Liberty SquareStudioStudio,1BA$1,289
Divine Suites0BR/1.0BAStudio,1BA$1,295
Maplewood ParkSTDOStudio,1BA$1,399

Best Value Apartments for Rent in Monterrey Terrace, WA

As of June 11, 2026 the best value apartment in the Monterrey Terrace area is the $2.31 price per square foot 2 Bed, 1.5 Bath Townhome Modern Reno Model at Honey Creek in the in the Kennydale neighborhood starting from $2,450. The second greatest value Monterrey Terrace apartment is the 400 Taylor Ave NW Model at 400 Taylor Ave NW starting at $1,995 with a $2.00 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.
Honey Creek2 Bed, 1.5 Bath Townhome Modern Reno2BR,1.5BA$2.31
400 Taylor Ave NW400 Taylor Ave NW2BR,1.5BA$2.00
Hilltop in the HighlandsPlan B22BR,2BA$2.05
Windlass2x12BR,1BA$2.26
Reserve at Renton - 55+ Active Senior LivingB4A2BR,1BA$2.30
Highland Palms2x12BR,1BA$2.23
Crown PointePlan A1B1BR,1BA$2.48
The Renton Sage Apartments1 Bedroom 60 Percent AMI1BR,1BA$2.43
ConstellationVela1BR,1BA$2.41
Houser Terrace1 Bed, 1 bath1BR,1BA$2.10

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Frequently Asked Questions about Monterrey Terrace

What type of rentals are currently available in Monterrey Terrace?

There are currently 197 Apartments for Rent in Monterrey Terrace, WA with pricing that ranges from $1,050 to $4,331. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monterrey Terrace ranging from $700 to $4,500.

What is the current price range for Rental Homes in Monterrey Terrace?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Monterrey Terrace ranges from $700 to $4,500 with an average monthly rent of $2,273.

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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