The earliest record of American settlement is from 1865, and initially named "West Lake Apopka".

The community got its Spanish-derived name "Monte Verde" by a settler from Vermont (which in turn also means "green mountain" and derives from French) who remarked on its rolling green hills while arriving at the site by boat on Lake Apopka.

[1] The central feature of the town is Montverde Academy, a private preparatory school for primary and secondary students.

[7] The climate in this area is characterized by hot, humid summers and generally mild winters.

As of the 2020 United States census, there were 1,655 people, 613 households, and 471 families residing in the town.

[11] As of the 2010 United States census, there were 1,463 people, 473 households, and 383 families residing in the town.