
Cheap Homes for Rent in Monee, IL from $900 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Monee.


3343 Commercial Ave

3484 Western Ave

73 Meadowlark Ln

8 Drake Ln
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.

3 Swan Ln

140 Flamingo Dr

3135 Chicago Rd

444 W Hickory St

45 Swan Ln
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.

17 Meadowlark Ln
Monee, IL Local Guide

How much does it cost to rent a home in Monee?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monee 2 Bedroom Homes for Rent | $1,799 | $1,599 | $2,200 |
| Monee 3 Bedroom Homes for Rent | $2,092 | $1,649 | $2,900 |
| Monee 4 Bedroom Homes for Rent | $2,731 | $2,300 | $3,299 |
Browse Top Homes for Rent in Monee
Explore Monee
Monee, IL Local Guide
- Monee Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Monee, IL
Pricing Updated: 05/27/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| University Park | $2,590 | $1,250 | 19 |
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. Thornwood Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,175. Here is today’s list of the most affordable Monee apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Crest Apartments | Studio | Studio,1BA | $800 |
| Thornwood Apartments | 2x1 853 | 2BR,1BA | $1,175 |
| Carriage Creek Apartments | 1 Bed 1 Bath Garden A | 1BR,1BA | $1,185 |
| Chelsea Garden | 1 Bed, 1 bath | 1BR,1BA | $1,200 |
| Sherwood Lake Apartments | 850 | 1BR,1BA | $1,215 |
Best Value Apartments for Rent in Monee, IL and Nearby
As of May 27, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Alice Mae Townhomes | 4BR/3.5BA | 4BR,3.5BA | $1.72 |
| 15122 Quail Hollow Dr | 3 Bedroom | 3BR,2BA | $1.52 |
| Westbridge Apartments | 2 Bed 2 Bath Renovated | 2BR,2BA | $1.59 |
| Heritage Manor | 1BR/1BATH | 1BR,1BA | $1.53 |
| Olympic Village Apartments | The Maple | 2BR,1BA | $1.60 |
| Cedar Ridge Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.72 |
| Thornwood Apartments | 2x1 853 | 2BR,1BA | $1.38 |
| Sherwood Lake Apartments | UPGRADED 1 BEDROOM | 1BR,1BA | $1.59 |
| Maple Leaf Apartments | Garden | 1BR,1BA | $1.66 |
| Bernice Homes | Two Bedroom home | 2BR,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.
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 Monee, IL Rentals by Map
See the most popular apartments and homes in Monee, IL
Frequently Asked Questions about Monee
What type of rentals are currently available in Monee?
There are currently 54 Apartments for Rent in Monee, IL with pricing that ranges from $553 to $3,778. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monee ranging from $950 to $3,299.
What is the current price range for Rental Homes in Monee?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Monee ranges from $950 to $3,299 with an average monthly rent of $1,774.
How much are larger Three and Four Bedroom Rentals in Monee?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Monee range from $1,437 to $3,708, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,649 to $2,900. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $3,778.
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

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.