Newest Homes for Rent in Monterey, TN

/21
$2,000 Per Month
- 3 Beds
- 2 Baths
- 1,285 Sq Ft
- Condo for Rent
204 E Peter Ave, Monterey, TN 38574

Escape into a serene retreat at 204 Peter Ave, Monterey, TN 38574, where comfort meets convenience in this charming 3-bedroom home. Nestled in a peaceful neighborhood, this delightful rental offers a spacious 1,285 sq ft of living area, perfect for relaxation and rejuvenation. Enjoy the ease of two full bathrooms, designed to cater to your everyday needs with style and functionality. The open

204 E Peter Ave, Monterey, TN 38574
/19
$2,000 Per Month
- 3 Beds
- 2 Baths
- 1,288 Sq Ft
- Condo for Rent
218 E Peter Ave, Monterey, TN 38574

Pioneering the perfect blend of serenity and modern comfort, 218 Peter Avenue in Monterey, TN, stands as a charming retreat ready to welcome you home. This delightful 3-bedroom, 2-bathroom residence offers 1,288 square feet of thoughtfully designed living space, perfect for those seeking a peaceful escape from the everyday hustle. The open layout fosters a sense of community and togetherness,

218 E Peter Ave, Monterey, TN 38574

Tennessee Cumberland County

Frequently Asked Questions

How much does it cost to rent a home in Monterey, TN?

The median rent for a home in Monterey, TN is $2,000 per month, though prices vary by neighborhood, size, and property type. As of August 2026, single-family homes tend to be the most affordable option.

How much do you need to make to afford rent in Monterey, TN?

To comfortably afford the median rent in Monterey, TN, a household needs to earn roughly $80,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,000 per month in Monterey, TN, renters typically need to show $6,000 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.

Is it more affordable to rent or buy in Monterey, TN?

In Monterey, TN, the price-to-rent ratio is 12.9, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Trends in Monterey, TN

There are currently 2 homes available for rent in Monterey, TN. The median rent is $2,000 per month, with single-family homes renting at $2,000.

Rental Home Trends

Number of Homes for Rent 2	Median Rent $2,000
Median Single Family Home Rent $2,000

How to Rent a Home

Rentals in Monterey

Monterey Condos for Rent

Homes for Rent by Bedrooms in Monterey

3 Bedroom Homes for Rent in Monterey

Rentals by Price in Monterey

Monterey Rentals under $2,500

More About Living in Monterey

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