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$690
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Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
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$690
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$690
Ridgeview Apartments
5300 Hawthorne RdRoanoke, VA 24012
Cheap Apartments for Rent in the Monterey Neighborhood of Roanoke, VA from $690 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the Monterey area of Roanoke.
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$799 - $1,499
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available Sep 15Total Monthly Price
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$799 - $1,499
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$799 - $1,499
Frontier Apartments
4302-4410 Plantation Rd NERoanoke, VA 24012
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$990 - $1,384
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2 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$990 - $1,384
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$990 - $1,384
Peters Creek Apartments - Tax Credit
7266 S Barrens RdRoanoke, VA 24019
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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2 Bedroom Apartments
2703 Broad St NW
2703 Broad St NWRoanoke, VA 24012
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1 Bedroom Apartments
120 Avendale Ave NE
120 Avendale Ave NERoanoke, VA 24012
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1 to 2 Bedroom Apartments
Ellsworth Place
3111 Ellsworth StRoanoke, VA 24012
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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Monterey, Roanoke, VA Local Guide
How much does it cost to rent an apartment in Monterey?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monterey Studio Apartments | $690 | $690 | $690 |
| Monterey 1 Bedroom Apartments | $1,605 | $799 | $2,855 |
| Monterey 2 Bedroom Apartments | $1,898 | $899 | $3,920 |
| Monterey 3 Bedroom Apartments | $2,042 | $1,125 | $3,680 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Monterey Neighborhood of Roanoke, VA.
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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 $690. 120 Avendale Ave NE has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Monterey apartments for rent in Roanoke, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ridgeview Apartments | Studio | Studio,1BA | $690 |
| 120 Avendale Ave NE | 1 Beds, 1 Baths | 1BR,1BA | $850 |
| Peters Creek Apartments - Tax Credit | 2BR/2BA | 2BR,2BA | $990 |
Best Value Apartments for Rent in Monterey, VA
As of August 26, 2026 the best value apartment in the Monterey area is the $0.99 price per square foot 2BR/2BA Model at Peters Creek Apartments - Tax Credit in the in the Monterey neighborhood starting from $990. The second greatest value Monterey apartment is the 2b 1.5b 1000sq Model at Bent Creek Apartments and Townhomes starting at $1,440 with a $1.44 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Peters Creek Apartments - Tax Credit | 2BR/2BA | 2BR,2BA | $0.99 |
| Bent Creek Apartments and Townhomes | 2b 1.5b 1000sq | 2BR,1.5BA | $1.44 |
| Glade Creek (I) | Renovated One Bedroom | 1BR,1BA | $1.62 |
| Ellsworth Place | 2x1 | 2BR,1BA | $1.65 |
| East Pointe Luxury Apartments | 1BR/1BA | 1BR,1BA | $2.28 |
| 120 Avendale Ave NE | 1 Beds, 1 Baths | 1BR,1BA | $1.21 |
| The Heights at Gateway Park | 1 Bedroom Third Floor | 1BR,1BA | $1.58 |
| Hickory Woods | Renovated One Bedroom | 1BR,1BA | $2.06 |
| Ridgeview Apartments | Studio | Studio ,1BA | $2.13 |
Frequently Asked Questions about Cheap Monterey Apartments
What is the Cheapest Studio apartment in Monterey?
Currently the most affordable Cheap Studio Apartment in Monterey is at Ridgeview Apartments listed at $690.
How much is rent for a Cheap One Bedroom Monterey Apartment?
The lowest price for a Cheap One Bedroom Monterey Apartment is $850 at 120 Avendale Ave NE.
What is the lowest price for a Cheap Two Bedroom Monterey Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Monterey is starting from $990 at Peters Creek Apartments - Tax Credit.
What is the most affordable Monterey Three Bedroom Apartment?
The best deal on a cheap Monterey Three Bedroom Apartment rental is at Peters Creek Apartments - Tax Credit and starts from $1,125.
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.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.