Cheap Apartments for Rent in Monmouth, IL from $300 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in Monmouth.

Macomb Rentals

Alice Place West Burlington

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

Caspian Village 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.

Cotton Mill Apartments

518 W Murray St
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.

607 NE 3rd Ave

43 W North St
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 | $854 | $390 | $1,200 |
| Monmouth 1 Bedroom Apartments | $847 | $510 | $1,495 |
| Monmouth 2 Bedroom Apartments | $1,085 | $450 | $1,700 |
| Monmouth 3 Bedroom Apartments | $1,522 | $910 | $1,900 |
| Monmouth 4 Bedroom Apartments | $1,233 | $600 | $1,600 |
Browse Top Apartments in Monmouth
See all Apartments in MonmouthExplore Monmouth
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. Alice Place West Burlington in the Ginger Ridge neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $515. 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 |
| Alice Place West Burlington | 1-Bedroom ADA | 1BR,1BA | $515 |
| 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 November 03, 2025 the best value apartment in the Monmouth area is the $0.75 price per square foot Mede 37 Model at Mediapolis Village in the starting from $910. The second greatest value Monmouth apartment is the Blaul Lofts - 311 Model at Blaul Lofts starting at $1,325 with a $1.12 price per square foot in the Ginger Ridge 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. |
|---|---|---|---|
| Mediapolis Village | Mede 37 | 3BR,2BA | $0.75 |
| Blaul Lofts | Blaul Lofts - 311 | 2BR,1BA | $1.12 |
| PARKWAY ESTATES | 2 Bedroom 1 Bath | 2BR,1BA | $0.86 |
| Alice Place West Burlington | 2-Bedroom | 2BR,1BA | $0.90 |
| Churchill Lofts | Churchill Lofts - 207 | 2BR,1BA | $1.11 |
| Crowne Forest | Two Bedroom | 2BR,2BA | $1.19 |
| Park Madison Apartments | 1BR/1BA | 1BR,1BA | $1.00 |
| Westland Village | 1x1 | 1BR,1BA | $1.00 |
| Bel Aire Apartments | 2 Bedrooms | 2BR,1BA | $1.18 |
| Caspian Village Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.16 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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 ArticleThe 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.
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.
Best Local Schools in Monmouth, IL
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Monmouth, IL Rentals by Map
See the most popular apartments and homes in Monmouth, IL
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
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 Mediapolis Village and starts from $910.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.




