
Cheap Apartments for Rent near Monmouth, IA from $300 (62 Rentals)
Search the lowest-cost Apartments available for rent right now in Monmouth.


Ecumencial New Horizons

Azure Apartments

Pine View

Meadowview Apartments

Village at Sheridan Meadows

Maplewood Apartments

Penn Place Apartments

Walcott Manor Apartments

Iowa Mutual Lofts
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.

Total Monthly Price
Prestwick Senior Living

Union at the Marina

Regal Townhomes

Super 20 Mobile Home Park

Riverside Apartments and Townhomes

Hawkeye Apartments

ARBOR GLEN APARTMENTS

Kerry Manor Apartments

1182 Locust St

Valley Bluff Townhomes
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.

Raven Oaks Apartments

East Town Crossing

2861 Prairie Hill Dr

Boulevard Apartments & Townhomes

Lynnwood Estates

Total Monthly Price
319 Sycamore Drive

The Landings on Cedar Cross

Fox Hills Apartments

Chapel Ridge Marion

Eagle Point Townhomes
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.

Tallgrass Townhomes

1820 Radford Rd

Williamsburg Apartments

795 4th Ave

2701 5th Ave

Monticello Apartments

209 E 10th St

1124 Locust St

Residence on 11th

Tulip Tree Apartments
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.

725 Duggan Dr

247 W 11th St

Marion Lofts

1941 Madison St

1131 Main St

73 Manor Dr

2296 Woodworth St

2751 W 72nd St

1635 White St

651 Caledonia Pl
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.
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 | $988 | $750 | $1,110 |
| Monmouth 1 Bedroom Apartments | $1,060 | $460 | $1,475 |
| Monmouth 2 Bedroom Apartments | $1,286 | $625 | $2,150 |
| Monmouth 3 Bedroom Apartments | $1,476 | $835 | $2,045 |
| 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 Ecumencial New Horizons in the North Side neighborhood priced from $488. Azure Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $500. Here is today’s list of the most affordable Monmouth apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 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 |
| Monticello Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $695 |
| Meadowview Apartments | 1BR/1.0BA | 1BR,1BA | $735 |
| Village at Sheridan Meadows | Studio - Phase 2 | Studio,1BA | $750 |
| Maplewood Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $755 |
| Walcott Manor Apartments | 2 BR/ 1 BA | 2BR,1BA | $825 |
| Prestwick Senior Living | One Bedroom | 1BR,1BA | $850 |
| Union at the Marina | 1 Bedroom 50%AMI | 1BR,1BA | $853 |
Best Value Apartments for Rent in Monmouth, IA and Nearby
As of July 13, 2026 the best value apartment in the Monmouth area is the $0.78 price per square foot 3 Bed 2 Bath Model at Super 20 Mobile Home Park in the starting from $995. The second greatest value Monmouth apartment is the Warren St (Duplex) Model at Ecumencial New Horizons starting at $1,150 with a $1.06 price per square foot in the North Side neighborhood. 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. |
|---|---|---|---|
| Super 20 Mobile Home Park | 3 Bed 2 Bath | 3BR,2BA | $0.78 |
| Ecumencial New Horizons | Warren St (Duplex) | 4BR,2BA | $1.06 |
| 1182 Locust St | Apt 4 | 1BR,1BA | $0.98 |
| Riverside Apartments and Townhomes | Two Bed, One Bath Townhome | 2BR,1BA | $1.03 |
| Kerry Manor Apartments | 2 Bedroom x 1.5 Bath | 2BR,1.5BA | $1.17 |
| Walcott Manor Apartments | 2 BR/ 1 BA | 2BR,1BA | $1.03 |
| Maplewood Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.03 |
| Pine View | 1 Bedroom 1 Bath Efficiency | 1BR,1BA | $1.12 |
| Monticello Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.16 |
| 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 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 $488 at Ecumencial New Horizons.
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 $630 at Azure 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

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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.