Cheap Apartments for Rent in Monmouth, IL from $300 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in Monmouth.

Macomb Rentals

Mediapolis Village

Lexington Concord
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.

Aspen Court

Bel Aire Apartments

Smith and Royer Apartments

PARKWAY ESTATES
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.

Pine Ridge

Cotton Mill Apartments

Caspian Village

435 S Broadway St

607 NE 3rd Ave

2434 McMillan Ct
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Monmouth, IL Local Guide

How much does it cost to rent an apartment in Monmouth?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Monmouth Studio Apartments | $832 | $390 | $1,200 |
Monmouth 1 Bedroom Apartments | $843 | $510 | $1,495 |
Monmouth 2 Bedroom Apartments | $1,069 | $450 | $1,700 |
Monmouth 3 Bedroom Apartments | $1,490 | $880 | $1,900 |
Monmouth 4 Bedroom Apartments | $1,124 | $600 | $1,600 |
Browse Top Apartments in Monmouth
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Monmouth, IL Local Guide
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Cheapest Available Monmouth Apartments for Rent and Nearby
 The cheapest available apartment rental in Monmouth, IL is a Studio unit found at Macomb Rentals priced from $390. Mediapolis Village has the second lowest priced unit, which is a 2 Beds apartment currently listed from $495. Here is today’s list of the most affordable Monmouth apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Macomb Rentals | Studio, 1 bath | Studio,1BA | $390 |
Mediapolis Village | Unit 38 | 2BR,1BA | $495 |
Mayfair Manor | 2x1 | 2BR,1BA | $525 |
Bel Aire Apartments | 1 Bedroom | 1BR,1BA | $645 |
Smith and Royer Apartments | 1 Bedroom | 1BR,1BA | $650 |
Best Value Apartments for Rent in Monmouth, IL and Nearby
As of September 11, 2025 the best value apartment in the Monmouth area is the $0.81 price per square foot 3 Bedroom 2 Bath Model at PARKWAY ESTATES in the starting from $880. The second greatest value Monmouth apartment is the Unit 41 Model at Mediapolis Village starting at $799 with a $0.75 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. |
---|---|---|---|
PARKWAY ESTATES | 3 Bedroom 2 Bath | 3BR,2BA | $0.81 |
Mediapolis Village | Unit 41 | 4BR,2BA | $0.75 |
Westland Village | 2x1 | 2BR,1BA | $0.89 |
Summer Street Apartments | Apartment 2 | 2BR,1BA | $1.11 |
Crowne Forest | Two Bedroom | 2BR,2BA | $1.11 |
Blaul Lofts | Blaul Lofts - 403 | 1BR,1BA | $1.00 |
Park Madison Apartments | 1BR/1BA | 1BR,1BA | $1.00 |
Cotton Mill Apartments | 1x1 | 1BR,1BA | $1.00 |
Alice Place West Burlington | 1-Bedroom | 1BR,1BA | $1.13 |
Williamsburg Apartments | 1 Bedroom/1 Bath | 1BR,1BA | $1.13 |
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Best Local Schools in Monmouth, IL
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Getting Around Monmouth, IL
Walk Score®
55 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
55 / 100
Bikeable
Some bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Macomb Rentals listed at $390.
How much is rent for a Cheap One Bedroom Monmouth Apartment?
The lowest price for a Cheap One Bedroom Monmouth Apartment is $510 at Macomb Rentals.
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 $450 at Macomb Rentals.
What is the most affordable Monmouth Three Bedroom Apartment?
The best deal on a cheap Monmouth Three Bedroom Apartment rental is at PARKWAY ESTATES and starts from $880.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.