
Cheap Apartments for Rent in the Lake Monroe Neighborhood of Sanford, FL from $500 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Monroe area of Sanford.


Serenity Towers on the St. Johns
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Stratford Point

Regatta Shores

2735 Bungalow Blvd

1113 S Park Ave
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Lake Monroe, Sanford, FL Local Guide

How much does it cost to rent an apartment in Lake Monroe?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lake Monroe Studio Apartments | $1,591 | $1,125 | $2,453 |
Lake Monroe 1 Bedroom Apartments | $1,720 | $1,100 | $2,810 |
Lake Monroe 2 Bedroom Apartments | $1,999 | $1,223 | $3,500 |
Lake Monroe 3 Bedroom Apartments | $2,432 | $1,419 | $3,517 |
Lake Monroe 4 Bedroom Apartments | $2,385 | $1,588 | $3,120 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 3 mile radius of the Lake Monroe Neighborhood of Sanford, FL.
See all Apartments in SanfordExplore Sanford
Cheapest Available Lake Monroe Apartments for Rent
 The cheapest available apartment rental in the Lake Monroe area of Orlando, FL is a 1 Bed unit found at Hatteras Sound Apartment Homes priced from $944. Topaz Riviera has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,199. Here are the most affordable Lake Monroe apartments for rent in Orlando, FL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Hatteras Sound Apartment Homes | One Bedroom One Bathroom 60% | 1BR,1BA | $944 |
Topaz Riviera | Tuscany | 1BR,1BA | $1,199 |
Sanford Landing Apartments | Crescent | 1BR,1BA | $1,290 |
Best Value Apartments for Rent in Lake Monroe, FL
As of June 09, 2025 the best value apartment in the Lake Monroe area is the $1.19 price per square foot Four Split Model at Stratford Point in the in the Sterling Meadows neighborhood starting from $1,588. The second greatest value Lake Monroe apartment is the C1 Model at Story Sanford starting at $2,420 with a $1.94 price per square foot in the Wilson Park neighborhood. Here is today’s list of the best values for Lake Monroe apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Stratford Point | Four Split | 4BR,2BA | $1.19 |
Story Sanford | C1 | 3BR,2BA | $1.94 |
Arbor Lakes Apartments | Hamilton | 2BR,2BA | $1.55 |
MAA Town Park Reserve | 11A Floor Plan | 1BR,1BA | $1.60 |
Regatta Shores | Cove | 1BR,1BA | $1.72 |
Sanford Landing Apartments | Crescent | 1BR,1BA | $1.72 |
Hatteras Sound Apartment Homes | One Bedroom One Bathroom 60% | 1BR,1BA | $1.31 |
Westlake Apartment Homes | Seagull | 1BR,1BA | $1.98 |
Topaz Riviera | Capri | 1BR,1BA | $1.75 |
Lofts At Eden | 1BR/1BA Small | 1BR,1BA | $1.94 |
Frequently Asked Questions about Cheap Lake Monroe Apartments
What is the price of a cheap apartment in Lake Monroe?
The cheapest apartment in Lake Monroe is Topaz Riviera which is listed at $1,199, while the average apartment in Lake Monroe costs $3,645.
What types of apartments are the cheapest in Lake Monroe?
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 3 regular apartments in Lake Monroe 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 Lake Monroe?
Cheap apartments in Lake Monroe have an average cost of $198 which is $3,447 cheaper than the average rent for all rentals in Lake Monroe.
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.

An Orlando Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent
Written by: Darla Ferrara
For many, Orlando is the place where you vacation, not live. However, this city, located in the central region of Florida, offers a vibrant tech community, plenty of outdoor activities, and some of the best schools in the country.

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Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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