
Cheap Homes for Rent in Lake Monroe, FL from $1,000 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Lake Monroe.


1703 McCarthy Ave

415 Dorchester Square
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.

2524 White Magnolia Way

796 Shropshire Loop

720 Shropshire Loop
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.
Lake Monroe, 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 | $1,733 | $1,050 | $1,995 |
| Lake Monroe 3 Bedroom Homes for Rent | $2,147 | $1,800 | $2,495 |
| Lake Monroe 4 Bedroom Homes for Rent | $2,748 | $2,495 | $3,200 |
| Lake Monroe 5 Bedroom Homes for Rent | $2,900 | $1,300 | $4,500 |
| Lake Monroe 6 Bedroom Homes for Rent | $3,295 | $3,295 | $3,295 |
Browse Top Homes for Rent in Lake Monroe
Explore Lake Monroe
Lake Monroe, FL Local Guide
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Cheapest Available Lake Monroe Apartments for Rent and Nearby
 The cheapest available apartment rental in Lake Monroe, FL is a 1 Bed unit found at Roselea Manor Apartments in the Sterling Meadows neighborhood priced from $1,150. Regatta Shores in the Sterling Meadows neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,316. Here is today’s list of the most affordable Lake Monroe apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Roselea Manor Apartments | 1BR - 1BTH Classic | 1BR,1BA | $1,150 |
| Regatta Shores | Cove | 1BR,1BA | $1,316 |
| Serenity Towers on the St. Johns | Classic One | 1BR,1BA | $1,325 |
Best Value Apartments for Rent in Lake Monroe, FL and Nearby
As of June 01, 2026 the best value apartment in the Lake Monroe area is the $1.68 price per square foot Monroe Model at Integra 289 Exchange in the in the Lake Monroe neighborhood starting from $2,180. 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 | $1.68 |
| Lake's Edge Apartments | Ashton with garage | 2BR,2BA | $1.83 |
| Roselea Manor Apartments | 2BR - 1BTH Renovated | 2BR,1BA | $1.51 |
| Sanford Landing Apartments | Newport | 2BR,2BA | $1.57 |
| Ballantrae Apartments | Abbey | 1BR,1BA | $1.76 |
| The Fairways at Lake Mary | St. Andrew | 1BR,1BA | $1.88 |
| The Crosby at Towne Center | Seminole - A3 | 1BR,1BA | $1.91 |
| Arbor Lakes Apartments | Ashley | 1BR,1BA | $1.84 |
| Stonebrook | Saddlebrook | 1BR,1BA | $1.84 |
| Regatta Shores | Cove | 1BR,1BA | $1.75 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Lake Monroe
What type of rentals are currently available in Lake Monroe?
There are currently 35 Apartments for Rent in Lake Monroe, FL with pricing that ranges from $1,125 to $3,965. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Monroe ranging from $1,050 to $4,500.
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 $1,050 to $4,500 with an average monthly rent of $2,564.
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 $3,707, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $2,495. Four Bedroom Single-Family rentals are also available starting from $2,495 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.
Articles, How-To's, and Tips

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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.