
Cheap Apartments for Rent near Monmouth, IA from $460 (46 Rentals)
Search the lowest-cost Apartments available for rent right now in Monmouth.


Blairs Ferry

Ecumencial New Horizons

Azure Apartments

1215 Mt Pleasant St

Pine View

Village at Sheridan Meadows

Maplewood Apartments

Meadowview Apartments
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.

Penn Place Apartments

Walcott Manor Apartments

Iowa Mutual Lofts

Total Monthly Price
Prestwick Senior Living

Union at the Marina

Regal Townhomes

Super 20 Mobile Home Park

The Central Apartments

DIAMOND SENIOR APARTMENTS
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.

Hawkeye Apartments

Riverside Apartments and Townhomes

ARBOR GLEN APARTMENTS

Kerry Manor Apartments

Valley Bluff Townhomes

Raven Oaks Apartments

James Sullivan Building

2709 Ventura Dr

Broad + Main on 6th & 7th
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.

1820 Radford Rd

Tallgrass Townhomes

Williamsburg Apartments

795 4th Ave

2701 5th Ave

Monticello Apartments

258 Broadway St

209 E 10th St

Residence on 11th
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.

Tulip Tree Apartments

725 Duggan Dr

770 University Ave

247 W 11th St

1941 Madison St

1131 Main St

73 Manor Dr

1245 High Bluff St

Chandler Pointe
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.

Green Park Apartments
Monmouth, IA Local Guide

How much does it cost to rent an apartment in Monmouth?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monmouth Studio Apartments | $967 | $750 | $1,125 |
| Monmouth 1 Bedroom Apartments | $1,052 | $460 | $1,475 |
| Monmouth 2 Bedroom Apartments | $1,287 | $625 | $2,500 |
| Monmouth 3 Bedroom Apartments | $1,520 | $835 | $2,280 |
| Monmouth 4 Bedroom Apartments | $1,174 | $1,150 | $1,199 |
Browse Top Apartments in Monmouth
See all Apartments in MonmouthExplore Monmouth
Monmouth, IA Local Guide
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Cheapest Available Monmouth Apartments for Rent and Nearby
 The cheapest available apartment rental in Monmouth, IA is a 1 Bed unit found at Grand View Apartments priced from $460. Ecumencial New Horizons in the North Side neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $488. Here is today’s list of the most affordable Monmouth apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Grand View Apartments | 1bd | 1BR,1BA | $460 |
| Ecumencial New Horizons | 1002 Ash #6 (Apartment) | 1BR,1BA | $488 |
| Azure Apartments | 1bd | 1BR,1BA | $500 |
| Pine View | 1 Bedroom 1 Bath Efficiency | 1BR,1BA | $669 |
| Village at Sheridan Meadows | Studio - Phase 2 | Studio,1BA | $750 |
| Maplewood Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $755 |
| Meadowview Apartments | 1BR/1.0BA | 1BR,1BA | $765 |
| Walcott Manor Apartments | 2 BR/ 1 BA | 2BR,1BA | $825 |
| Prestwick Senior Living | One Bedroom | 1BR,1BA | $850 |
| Regal Townhomes | 2BR/1.5BA Townhouse | 2BR,1BA | $865 |
Best Value Apartments for Rent in Monmouth, IA and Nearby
As of September 09, 2026 the best value apartment in the Monmouth area is the $1.03 price per square foot 3 Bedroom 2.5 Bath TH Model at The Landing of Clinton in the starting from $1,425. The second greatest value Monmouth apartment is the 2 bed/1.5 bath Model at Hawkeye Townhomes starting at $1,200 with a $0.98 price per square foot . Here is today’s list of the best values for Monmouth apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Landing of Clinton | 3 Bedroom 2.5 Bath TH | 3BR,2.5BA | $1.03 |
| Hawkeye Townhomes | 2 bed/1.5 bath | 2BR,1.5BA | $0.98 |
| Regal Townhomes | 2 Bedroom Flats | 2BR,1BA | $0.84 |
| 2709 Ventura Dr | 2 Bed/ 1 bath | 2BR,1BA | $1.05 |
| Penn Place Apartments | 2 Bedroom/2 Bath | 2BR,1.5BA | $1.06 |
| Riverside Apartments and Townhomes | Two Bed, One Bath Townhome | 2BR,1BA | $1.06 |
| Walcott Manor Apartments | 2 BR/ 1 BA | 2BR,1BA | $1.03 |
| Maplewood Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.03 |
| Grand View Apartments | 1bd | 1BR,1BA | $0.86 |
| Azure Apartments | 1bd | 1BR,1BA | $0.96 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 Monmouth, IA Rentals by Map
See the most popular apartments and homes in Monmouth, IA
Frequently Asked Questions about Cheap Monmouth Apartments
What is the Cheapest Studio apartment in Monmouth?
Currently the most affordable Cheap Studio Apartment in Monmouth is at Village at Sheridan Meadows listed at $750.
How much is rent for a Cheap One Bedroom Monmouth Apartment?
The lowest price for a Cheap One Bedroom Monmouth Apartment is $460 at Grand View Apartments.
What is the lowest price for a Cheap Two Bedroom Monmouth Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Monmouth is starting from $625 at Grand View Apartments.
What is the most affordable Monmouth Three Bedroom Apartment?
The best deal on a cheap Monmouth Three Bedroom Apartment rental is at Azure Apartments and starts from $835.
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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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.