Cheap Apartments for Rent in the Lake Monroe Neighborhood of Sanford, FL from $500 (10 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Lake Monroe area of Sanford.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

property at 1113 S Park Ave

1113 S Park Ave

SanfordFL32771

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

close
View Me
Overlook at Monroe
1 to 3 Bedroom Apartments

Overlook at Monroe

100 Willner CirSanford, FL 32771
  • Utilities Included

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 ListingModel NameBed/BathPriced From
Hatteras Sound Apartment HomesOne Bedroom One Bathroom 60%1BR,1BA$944
Topaz RivieraTuscany1BR,1BA$1,199
Sanford Landing ApartmentsCrescent1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Stratford PointFour Split4BR,2BA$1.19
Story SanfordC13BR,2BA$1.94
Arbor Lakes ApartmentsHamilton2BR,2BA$1.55
MAA Town Park Reserve11A Floor Plan1BR,1BA$1.60
Regatta ShoresCove1BR,1BA$1.72
Sanford Landing ApartmentsCrescent1BR,1BA$1.72
Hatteras Sound Apartment HomesOne Bedroom One Bathroom 60%1BR,1BA$1.31
Westlake Apartment HomesSeagull1BR,1BA$1.98
Topaz RivieraCapri1BR,1BA$1.75
Lofts At Eden1BR/1BA Small1BR,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.

decorative image for An Orlando Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.