Cheap Apartments for Rent in the Monterey Neighborhood of Roanoke, VA from $700 (11 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Monterey area of Roanoke.

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2703 Broad St NW
2 Bedroom Apartments

2703 Broad St NW

2703 Broad St NWRoanoke, VA 24012
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Ellsworth Place
1 to 2 Bedroom Apartments

Ellsworth Place

3111 Ellsworth StRoanoke, VA 24012

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Monterey, Roanoke, VA Local Guide

Cheapest Available Monterey Apartments for Rent

 

The cheapest available apartment rental in the Monterey area of Roanoke, VA is a Studio unit found at Ridgeview Apartments priced from $710. Flats at Glade Creek has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,099. Here are the most affordable Monterey apartments for rent in Roanoke, VA:

Apartment ListingModel NameBed/BathPriced From
Ridgeview ApartmentsStudioStudio,1BA$710
Flats at Glade Creek2X12BR,1BA$1,099
Bent Creek Apartments and Townhomes1 B 1B 800sq1BR,1BA$1,150
The Heights at Gateway ParkBrand new 1 bedroom 1 bath with stainless steel...1BR,1BA$1,175
Ellsworth Place2x12BR,1BA$1,175

Best Value Apartments for Rent in Monterey, VA

As of November 27, 2025 the best value apartment in the Monterey area is the $1.46 price per square foot 2b 1.5b 1021sq Model at Bent Creek Apartments and Townhomes in the in the Monterey neighborhood starting from $1,490. The second greatest value Monterey apartment is the Arlo Model at District Vue starting at $1,585 with a $1.60 price per square foot in the Monterey neighborhood. Here is today’s list of the best values for Monterey apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Bent Creek Apartments and Townhomes2b 1.5b 1021sq2BR,1.5BA$1.46
District VueArlo2BR,2BA$1.60
Glade Creek (I)Renovated One Bedroom1BR,1BA$1.46
Flats at Glade Creek2X12BR,1BA$1.29
The Flats at Rutgers2x12BR,1BA$1.48
Frontier Apartments2BR 1BA2BR,1BA$1.59
Ellsworth Place2x12BR,1BA$1.62
Hickory WoodsRenovated One Bedroom1BR,1BA$1.84
The Heights at Gateway Park1BR 1BA Long Third floor Standard (1BL3FS)1BR,1BA$2.35
Ridgeview ApartmentsStudioStudio ,1BA$2.19

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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Pet Friendly Lifestyle
Monterey, Roanoke, VA

Ranked #33

Among cities in Virginia for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Getting Around the Monterey Neighborhood in Roanoke, VA

Walk Score®

11 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

16 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

13 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Monterey Apartments

What is the price of a cheap apartment in Monterey?

The cheapest apartment in Monterey is Bent Creek Apartments and Townhomes which is listed at $1,150, while the average apartment in Monterey costs $1,740.

What types of apartments are the cheapest in Monterey?

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 1 regular apartments in Monterey 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 Monterey?

Cheap apartments in Monterey have an average cost of $710 which is $1,030 cheaper than the average rent for all rentals in Monterey.

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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

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.

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For many people, obstacles can arise during the rental application process for a variety of issues.