Cheap Apartments for Rent in Monee, IL from $500 (60 Rentals)

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Search the lowest-cost Apartments available for rent right now in Monee.

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.

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.

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.

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Autumn Ridge
Studio to 3 Bedroom Apartments

Autumn Ridge

119 E Sycamore DrPark Forest, IL 60466
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Lansing Crossing, LLC
1 to 2 Bedroom Apartments

Lansing Crossing, LLC

18745 W Salem CtLansing, IL 60438
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7449 Sycamore Ct
2 Bedroom Apartments

7449 Sycamore Ct

7449 Sycamore CtOrland Park, IL 60462
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Central Park
1 to 3 Bedroom Apartments

Central Park

11 Fir StPark Forest, IL 60466
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21746 Jeffrey
1 to 2 Bedroom Apartments

21746 Jeffrey

21746 S Jeffrey AveSauk Village, IL 60411

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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7448 Sycamore Ct
1 to 2 Bedroom Apartments

7448 Sycamore Ct

7448 Sycamore CtOrland Park, IL 60462
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Apartments of Orland
1 to 2 Bedroom Apartments

Apartments of Orland

16005 Applewood LnOrland Hills, IL 60487
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7081 Apartments
1 to 2 Bedroom Apartments

7081 Apartments

7081 170th StTinley Park, IL 60477
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16601 Jean Ln
1 Bedroom Apartments

16601 Jean Ln

16601 Jean LnTinley Park, IL 60477
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1014 Shagbark Rd
2 Bedroom Apartments

1014 Shagbark Rd

1014 Shagbark RdNew Lenox, IL 60451
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Monee, IL Local Guide

Cheapest Neighborhoods for Apartments in Monee, IL

Pricing Updated: 06/08/2026

Current apartment rentals in the Monee, IL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Monee Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
University Park$1,852$55318

Cheapest Available Monee Apartments for Rent and Nearby

 

The cheapest available apartment rental in Monee, IL is a Studio unit found at Crest Apartments in the University Park neighborhood priced from $800. ST JAMES SENIOR APARTMENTS in the University Park neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,159. Here is today’s list of the most affordable Monee apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Crest ApartmentsStudioStudio,1BA$800
ST JAMES SENIOR APARTMENTS2 BED 1 BATH2BR,1BA$1,159
Thornwood Apartments2x1 8532BR,1BA$1,175
Carriage Creek Apartments1 Bed 1 Bath Garden A1BR,1BA$1,185
Chelsea Garden1 Bed, 1 bath1BR,1BA$1,200
Sherwood Lake Apartments8501BR,1BA$1,215
Dynasty House Apartments1 Bedroom UNIV1BR,1BA$1,305
Maple Leaf ApartmentsMid-rise1BR,1BA$1,320
Edenbridge ApartmentsED1.599R1BR,1BA$1,340
Bernice HomesTwo Bedroom home2BR,1BA$1,350

Best Value Apartments for Rent in Monee, IL and Nearby

As of June 08, 2026 the best value apartment in the Monee area is the $1.72 price per square foot 4BR/3.5BA Model at Alice Mae Townhomes in the in the Orland Crossing neighborhood starting from $3,778. The second greatest value Monee apartment is the 3 Bedroom Model at 15122 Quail Hollow Dr starting at $1,900 with a $1.52 price per square foot in the Meadow Park neighborhood. Here is today’s list of the best values for Monee apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Alice Mae Townhomes4BR/3.5BA4BR,3.5BA$1.72
15122 Quail Hollow Dr3 Bedroom3BR,2BA$1.52
Westbridge Apartments2 Bed 2 Bath Renovated2BR,2BA$1.59
Heritage Manor1BR/1BATH1BR,1BA$1.53
ST JAMES SENIOR APARTMENTS2 BED 1 BATH2BR,1BA$1.25
Olympic Village ApartmentsThe Maple2BR,1BA$1.60
Thornwood Apartments2x1 8532BR,1BA$1.38
Sherwood Lake ApartmentsUPGRADED 1 BEDROOM1BR,1BA$1.59
Maple Leaf ApartmentsGarden1BR,1BA$1.66
Bernice HomesTwo Bedroom home2BR,1BA$1.69

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.

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Real 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.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Monee Apartments

How much is rent for a Cheap One Bedroom Monee Apartment?

The lowest price for a Cheap One Bedroom Monee Apartment is $1,185 at Carriage Creek Apartments.

What is the lowest price for a Cheap Two Bedroom Monee Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Monee is starting from $1,159 at ST JAMES SENIOR APARTMENTS.

What is the most affordable Monee Three Bedroom Apartment?

The best deal on a cheap Monee Three Bedroom Apartment rental is at Bernice Homes and starts from $1,600.

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

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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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.

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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.