Cheap Apartments for Rent in Monmouth, IL from $300 (52 Rentals)

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Monmouth Manor
1 to 2 Bedroom Apartments

Monmouth Manor

1018 N 6th StMonmouth, IL 61462

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.

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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.

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630 N 6th St
Studio to 1 Bedroom Apartments

630 N 6th St

630 N 6th StBurlington, IA 52601

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.

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Williamsburg Apartments
1 to 2 Bedroom Apartments

Williamsburg Apartments

1072 Olive StGalesburg, IL 61401
Corporate Housing
  • Utilities Included

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.

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601-605 W Orchard St
Studio to 3 Bedroom Apartments

601-605 W Orchard St

601-605 W Orchard StMacomb, IL 61455
Student Housing
  • Utilities Included
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Valley View
1 to 3 Bedroom Apartments

Valley View

4700 61st Street DrMoline, IL 61265
  • Utilities Included
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2323-3030 31st Ave
2 Bedroom Apartments

2323-3030 31st Ave

2323-3030 31st AveRock Island, IL 61201
  • Utilities Included
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Mediapolis Village
2 to 4 Bedroom Apartments

Mediapolis Village

510 Wapello St SMediapolis, IA 52637
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Elm Haven
1 to 2 Bedroom Apartments

Elm Haven

101 N Rose StElmwood, IL 61529
Senior Living

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Monmouth, IL Local Guide

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. Mayfair Manor has the second lowest priced unit, which is a 2 Beds apartment currently listed from $525. Here is today’s list of the most affordable Monmouth apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Macomb RentalsStudio, 1 bathStudio,1BA$390
Mayfair Manor2x12BR,1BA$525
Smith and Royer Apartments1 Bedroom Side Apartment1BR,1BA$550
Century Woods Apartments1 BR 1 Bath1BR,1BA$615
Bel Aire Apartments2 Bedroom2BR,1BA$695
Caspian Village Apartments1 Bedroom, 1 Bathroom1BR,1BA$750
Summer Street ApartmentsStudioStudio,1BA$750
Green Gable CottagesGreen Gable 1 Bedroom1BR,1BA$750
Park Madison Apartments1BR/1BA1BR,1BA$750
PARKWAY ESTATES2 Bedroom 1 Bath2BR,1BA$805

Best Value Apartments for Rent in Monmouth, IL and Nearby

As of May 25, 2026 the best value apartment in the Monmouth area is the $0.85 price per square foot 3 BR / 2 BA Model at Creekside Park in the starting from $1,029. The second greatest value Monmouth apartment is the b1r Model at Homewood Manor starting at $1,225 with a $1.07 price per square foot in the Villa Park neighborhood. Here is today’s list of the best values for Monmouth apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Creekside Park3 BR / 2 BA3BR,2BA$0.85
Homewood Manorb1r2BR,1.5BA$1.07
Blaul LoftsBlaul Lofts - 4021BR,1BA$1.00
Westland Village2x12BR,1BA$0.89
PARKWAY ESTATES2 Bedroom 1 Bath2BR,1BA$0.86
Churchill LoftsChurchill Lofts - 2051BR,1BA$1.08
Crowne ForestTwo Bedroom2BR,2BA$1.18
Park Madison Apartments1BR/1BA1BR,1BA$1.00
Century Woods Apartments1 BR 1 Bath1BR,1BA$0.82
Bel Aire Apartments2 Bedroom2BR,1BA$1.11

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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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.

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Monmouth, IL

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Remember the 3 Rules of Real Estate:
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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 Century Woods Apartments and starts from $815.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

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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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.