
Cheap Apartments for Rent near Monarch, CO from $849 (49 Rentals)
Search the lowest-cost Apartments available for rent right now in Monarch.


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Lookout at Broadmoor

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The Residence at Skyway

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Peak 1535 on South 8th Street

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Luxe Tower

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Cheyenne Crest

Mountain Shadows

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Cheyenne Crossing

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Experience at Epicenter
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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The Estates At Cheyenne Blvd

Regency Tower Senior 55 Plus Apartments

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532 CO

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Grand Centennial Apartments

Cobblestone Ridge

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Preserve at Mesa Creek

The Oasis Apartments

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Artemis at Spring Canyon

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Retreat at Cheyenne Mountain
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.

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Allaso Peak

Overlook at Mesa Creek

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The House Apartments

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Trail Ridge at Woodland Park Apartments

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Straight Creek Apartments

The Scout

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Pines at Broadmoor

River Run

Vista Verde Workforce
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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The Pike

Kalo Broadmoor Tower

Kalo Broadmoor Terrace

Kalo Ivywild

Signature at Promontory Pointe

Park Place

224 Westwoods Dr

Westside Station

Wildridge
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.

25 Broadmoor

Broadmoor Springs

Meadows Apartments

118 E Brookside St

22 Spruce

Meadows Apartments

View on Centennial

Gabion Apartments

The Edge at Mountain Shadows
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.

118 New St

Flats on 2nd Apartments

525 Red Lady Ave

21 Crested Mountain Ln
Monarch, CO Local Guide

How much does it cost to rent an apartment in Monarch?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monarch Studio Apartments | $1,774 | $880 | $3,683 |
| Monarch 1 Bedroom Apartments | $2,510 | $849 | $10,000+ |
| Monarch 2 Bedroom Apartments | $4,608 | $879 | $10,000+ |
| Monarch 3 Bedroom Apartments | $3,688 | $1,952 | $8,793 |
Browse Top Apartments in Monarch
See all Apartments in MonarchExplore Monarch
Monarch, CO Local Guide
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Cheapest Available Monarch Apartments for Rent and Nearby
 The cheapest available apartment rental in Monarch, CO is a 1 Bed unit found at Wind River Place in the Pleasant Valley neighborhood priced from $849. Kalo Broadmoor Tower in the Stratton Meadows neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here is today’s list of the most affordable Monarch apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Wind River Place | A1 | 1BR,1BA | $849 |
| Kalo Broadmoor Tower | KaloSolo | 1BR,1BA | $875 |
| Kalo Broadmoor Terrace | KaloUnity | Studio,1BA | $909 |
| Kalo Ivywild | KaloUnity | Studio,1BA | $956 |
| Lookout at Broadmoor | One Bedroom One Bathroom (A1) | 1BR,1BA | $995 |
| Park Place | One Bedroom | 1BR,1BA | $995 |
| Cheyenne Crest | Ellen | Studio,1BA | $1,152 |
| 25 Broadmoor | Portales | 1BR,1BA | $1,206 |
| Experience at Epicenter | 0x1 S0 | Studio,1BA | $1,240 |
| The Estates At Cheyenne Blvd | The Estate | 2BR,1BA | $1,295 |
Best Value Apartments for Rent in Monarch, CO and Nearby
As of August 29, 2026 the best value apartment in the Monarch area is the $1.65 price per square foot B4 (The Commanche) Model at Grand Centennial Apartments in the in the Rockrimmon neighborhood starting from $1,855. The second greatest value Monarch apartment is the The Estate Model at The Estates At Cheyenne Blvd starting at $1,295 with a $1.36 price per square foot in the Stratton Meadows neighborhood. Here is today’s list of the best values for Monarch apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Grand Centennial Apartments | B4 (The Commanche) | 2BR,2BA | $1.65 |
| The Estates At Cheyenne Blvd | The Estate | 2BR,1BA | $1.36 |
| Luxe Tower | 06 | 1BR,1BA | $1.71 |
| Artemis at Spring Canyon | 1x1AR1 T2-1x1 | 1BR,1BA | $1.97 |
| 25 Broadmoor | Portales | 1BR,1BA | $1.84 |
| Lookout at Broadmoor | One Bedroom One Bathroom (A1) | 1BR,1BA | $1.69 |
| Kalo Broadmoor Tower | KaloSolo-Premium | 1BR,1BA | $1.53 |
| Park Place | One Bedroom | 1BR,1BA | $1.91 |
| Kalo Ivywild | KaloUnity | Studio ,1BA | $1.89 |
| Wind River Place | A1 | 1BR,1BA | $1.74 |
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!
Explore Monarch, CO Rentals by Map
See the most popular apartments and homes in Monarch, CO
Frequently Asked Questions about Cheap Monarch Apartments
What is the Cheapest Studio apartment in Monarch?
Currently the most affordable Cheap Studio Apartment in Monarch is at Kalo Broadmoor Terrace listed at $909.
How much is rent for a Cheap One Bedroom Monarch Apartment?
The lowest price for a Cheap One Bedroom Monarch Apartment is $849 at Wind River Place.
What is the lowest price for a Cheap Two Bedroom Monarch Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Monarch is starting from $879 at Wind River Place.
What is the most affordable Monarch Three Bedroom Apartment?
The best deal on a cheap Monarch Three Bedroom Apartment rental is at Cobblestone Ridge and starts from $1,845.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.