Cheap Homes for Rent near Monee, IL from $1,095 (6 Rentals)

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property at 29837 IL-50

$1,100 - $1,400

1 To 2 Bedroom Rentals

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29837 IL-50

PeotoneIL60468

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.

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.

Monee, IL Local Guide

Cheapest Neighborhoods for Apartments in Monee, IL

Pricing Updated: 08/25/2026

Current apartment rentals in the Monee, IL area range in price from $553 to $2,149 with an overall median price of $1,370. Here is today’s list neighborhoods with the lowest median pricing for Monee Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
University Park$1,370$55325

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. 2045-2151 Meadow Ln has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here is today’s list of the most affordable Monee apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Crest ApartmentsStudioStudio,1BA$800
2045-2151 Meadow Ln1 Bed/1 Bath1BR,1BA$1,100
Linden Park ApartmentsStudio BStudio,1BA$1,110

Best Value Apartments for Rent in Monee, IL and Nearby

As of August 26, 2026 the best value apartment in the Monee area is the $1.45 price per square foot Willow Model at Arbors at Hickory Creek in the in the Lincoln Station neighborhood starting from $1,799. The second greatest value Monee apartment is the 1BR/1BATH Model at Heritage Manor starting at $1,450 with a $1.53 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.
Arbors at Hickory CreekWillow3BR,2BA$1.45
Heritage Manor1BR/1BATH1BR,1BA$1.53
ST JAMES SENIOR APARTMENTS2 BED 1 BATH2BR,1BA$1.25
Olympic Village ApartmentsThe Maple2BR,1BA$1.60
Cedar Ridge Apartments2 Bed 1 Bath2BR,1BA$1.66
Sherwood Lake ApartmentsUPGRADED 1 BEDROOM1BR,1BA$1.62
Maple Leaf ApartmentsGarden1BR,1BA$1.66
Bernice HomesTwo Bedroom home2BR,1BA$1.69
2045-2151 Meadow Ln1 Bed/1 Bath1BR,1BA$1.57
Crest ApartmentsStudioStudio ,1BA$1.78

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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Frequently Asked Questions about Monee

What type of rentals are currently available in Monee?

There are currently 56 Apartments for Rent in Monee, IL with pricing that ranges from $553 to $3,711. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monee ranging from $1,095 to $4,500.

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 $1,095 to $4,500 with an average monthly rent of $2,420.

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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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.

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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.

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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.

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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.