
Cheap Apartments for Rent in the Lake Monroe Neighborhood of Sanford, FL from $300 (53 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Monroe area of Sanford.


Serenity Towers on the St Johns, LLC

Regatta Shores

1001 W 8th St, Unit Studio

Total Monthly Price
Topaz Riviera

MAA Twin Lakes

Bell Lake Forest

Locale Lake Monroe

The Henry

Stratford Point
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.

Viridian Reserve Apartments

Vue on Lake Monroe

Total Monthly Price
Solara

Integra Crossings

2417 Cedar Ave, Unit B

2541 Myrtle Ave, Unit b

Total Monthly Price
Westlake Apartment Homes

The Crosby at Towne Center

Arbor Lakes Apartments

Lake's Edge Apartments
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Story Sanford

Warley Park

Monroe Landings

Burlington Cove

Vista Haven

1005 Pine Ave

2735 Bungalow Blvd

2203 S Park Ave

Overlook at Monroe

Stoneridge Pointe
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Windchase Apartments

1114 S Pine Ridge Cir

Hatteras Sound Apartment Homes

The Travis on Park

816 W 25th St

1703 McCarthy Ave

Sanford Landing Apartments

1704 Ridgewood Ln

1132 S Pine Ridge Cir

723 Arbor Lakes Cir
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.

Aqua Links

2415 S Cedar Ave

The Lofts at Savannah Park

2526 S Oak Ave

832 W 25th St

1719 W 3rd St

1223 S Pine Ridge Cir

Afton Palms

1324 S Pine Ridge Cir

796 Shropshire Loop
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.
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 | $1,572 | $1,225 | $2,249 |
| Lake Monroe 1 Bedroom Apartments | $1,797 | $1,225 | $3,005 |
| Lake Monroe 2 Bedroom Apartments | $2,112 | $1,415 | $3,402 |
| Lake Monroe 3 Bedroom Apartments | $2,553 | $1,704 | $4,451 |
| Lake Monroe 4 Bedroom Apartments | $1,907 | $1,907 | $1,907 |
Browse Apartments in this Neighborhood
There are currently 53 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 Warley Park priced from $1,194. Stoneridge Pointe has the second lowest priced unit, which is a 3 Beds apartment currently listed from $1,195. Here are the most affordable Lake Monroe apartments for rent in Orlando, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Warley Park | One Bed\One Bath | 1BR,1BA | $1,194 |
| Stoneridge Pointe | C1-R | 3BR,2BA | $1,195 |
| Windchase Apartments | One Bedroom One Bathroom 60% | 1BR,1BA | $1,223 |
| Serenity Towers on the St Johns, LLC | Classic | 1BR,1BA | $1,225 |
| Hatteras Sound Apartment Homes | One Bedroom One Bathroom 60% | 1BR,1BA | $1,272 |
| Regatta Shores | Cove | 1BR,1BA | $1,278 |
| The Travis on Park | The Jesup | 1BR,1BA | $1,295 |
| Sanford Landing Apartments | Crescent | 1BR,1BA | $1,320 |
| MAA Twin Lakes | 11A | 1BR,1BA | $1,328 |
| Bell Lake Forest | A1B | 1BR,1BA | $1,380 |
Best Value Apartments for Rent in Lake Monroe, FL
As of July 05, 2026 the best value apartment in the Lake Monroe area is the $1.80 price per square foot Opus Model at Lake's Edge Apartments in the in the Wilson Park neighborhood starting from $2,065. The second greatest value Lake Monroe apartment is the Two Split Model at Stratford Point starting at $1,471 with a $1.49 price per square foot in the Sanford 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. |
|---|---|---|---|
| Lake's Edge Apartments | Opus | 2BR,2BA | $1.80 |
| Stratford Point | Two Split | 2BR,2BA | $1.49 |
| Topaz Riviera | Venice | 2BR,2BA | $1.84 |
| Aqua Links | B2-R | 2BR,2BA | $1.79 |
| Regatta Shores | Cove | 1BR,1BA | $1.70 |
| Sanford Landing Apartments | Crescent | 1BR,1BA | $1.76 |
| Windchase Apartments | One Bedroom One Bathroom 60% | 1BR,1BA | $1.67 |
| Hatteras Sound Apartment Homes | One Bedroom One Bathroom 60% | 1BR,1BA | $1.77 |
| MAA Twin Lakes | 11A | 1BR,1BA | $1.88 |
| The Travis on Park | The Jesup | 1BR,1BA | $1.85 |
Frequently Asked Questions about Cheap Lake Monroe Apartments
What is a cheap apartment in Lake Monroe?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lake Monroe is under $1,380.
What is the price of a cheap apartment in Lake Monroe?
The cheapest apartment in Lake Monroe is Warley Park which is listed at $1,194, while the average apartment in Lake Monroe costs $2,449.
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 5 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 $1,907 which is $542 cheaper than the average rent for all rentals in Lake Monroe.
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.
Helpful Local Expert Guides

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.

Your Guide to the Perfect Orlando Neighborhood for Student Renters
Written by: Darla Ferrara
There is never a dull moment in Orlando, Florida. Along with top-tier universities, technical schools, and local colleges, there are world-class entertainment venues, the ocean within driving distance, and lots of sunshine.

Unlock Your Orlando Commute: An Expert Guide to Ideal Neighborhoods Near Major Local Employers
Written by: Darla Ferrara
When I first moved to Orlando, Florida, in the 1990s, one of the things that drew me here was the remarkably low unemployment rates. There was a job for everyone. Two decades later, that fundamental appeal remains.

The Soul of the City Beautiful: What Life in Orlando Is Really Like
Written by: Darla Ferrara
When people think of Orlando, Florida, they dream of theme parks and sunny weather, and rightfully so. It’s that energy that keeps this city a mainstay in the global tourist industry.
Articles, How-To's, and Tips

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.