
Cheap Homes for Rent in Lake Monroe Neighborhood of Sanford, FL from $800 (17 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Monroe area of Sanford.


1511 W 14th St

918 E 10th St

905 W 12th St

2735 Bungalow Blvd
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.

517 E 5th St

1111 Willow Ave

2539 Ridgewood Ave

2437 Chase Ave

1113 S Park Ave, Unit 101, Unit 101
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.

1703 McCarthy Ave

1122 S Pine Ridge Cir

1704 Ridgewood Ln

828 W 25th St

212 Dorchester Square
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.

1114 S Pine Ridge Cir

1132 S Pine Ridge Cir
Lake Monroe, Sanford, FL Local Guide

How much does it cost to rent a home in Lake Monroe?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Monroe 2 Bedroom Homes for Rent | $1,576 | $945 | $2,500 |
| Lake Monroe 3 Bedroom Homes for Rent | $2,043 | $900 | $2,600 |
| Lake Monroe 4 Bedroom Homes for Rent | $2,643 | $1,900 | $3,395 |
| Lake Monroe 5 Bedroom Homes for Rent | $1,300 | $1,300 | $1,300 |
| Lake Monroe 6 Bedroom Homes for Rent | $3,295 | $3,295 | $3,295 |
Browse Homes for Rent in this Neighborhood
There are currently 17 rentals with your search options within a 3 mile radius of the Lake Monroe Neighborhood of Sanford, FL.
Explore Sanford
Cheapest Available Lake Monroe Apartments for Rent
 The cheapest available apartment rental in the Lake Monroe area of Orlando, FL is a Studio unit found at Serenity Towers on the St. Johns priced from $1,125. Windchase Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,223. Here are the most affordable Lake Monroe apartments for rent in Orlando, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Serenity Towers on the St. Johns | Efficiency | Studio,1BA | $1,125 |
| Windchase Apartments | One Bedroom One Bathroom 60% | 1BR,1BA | $1,223 |
| Regatta Shores | Cove | 1BR,1BA | $1,226 |
| Sanford Landing Apartments | Crescent | 1BR,1BA | $1,250 |
| Hatteras Sound Apartment Homes | One Bedroom One Bathroom 60% | 1BR,1BA | $1,250 |
Best Value Apartments for Rent in Lake Monroe, FL
As of May 22, 2026 the best value apartment in the Lake Monroe area is the $1.67 price per square foot Monroe Model at Integra 289 Exchange in the in the Lake Monroe neighborhood starting from $2,171. The second greatest value Lake Monroe apartment is the Ashton with garage Model at Lake's Edge Apartments starting at $2,245 with a $1.83 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. |
|---|---|---|---|
| Integra 289 Exchange | Monroe | 3BR,2BA | $1.67 |
| Lake's Edge Apartments | Ashton with garage | 2BR,2BA | $1.83 |
| The Walton | A6 | 1BR,1BA | $1.95 |
| Topaz Riviera | Venice | 2BR,2BA | $1.84 |
| Aqua Links | B2-R | 2BR,2BA | $1.93 |
| Regatta Shores | Cove | 1BR,1BA | $1.63 |
| Sanford Landing Apartments | Crescent | 1BR,1BA | $1.67 |
| Windchase Apartments | One Bedroom One Bathroom 60% | 1BR,1BA | $1.67 |
| Hatteras Sound Apartment Homes | One Bedroom One Bathroom 60% | 1BR,1BA | $1.74 |
| The Travis on Park | The Jesup | 1BR,1BA | $1.82 |
Frequently Asked Questions about Lake Monroe
What type of rentals are currently available in Lake Monroe?
There are currently 61 Apartments for Rent in Lake Monroe, FL with pricing that ranges from $1,225 to $3,779. There are also 96 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Monroe ranging from $875 to $3,395.
What is the current price range for Rental Homes in Lake Monroe?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Monroe ranges from $875 to $3,395 with an average monthly rent of $1,995.
How much are larger Three and Four Bedroom Rentals in Lake Monroe?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake Monroe range from $1,558 to $3,779, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $2,600. Four Bedroom Single-Family rentals are also available starting from $1,900 and Four Bedroom Apartments start at $1,744.
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
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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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.