Cheap Apartments for Rent in Monmouth, IL from $300 (44 Rentals)

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Search the lowest-cost Apartments available for rent right now in Monmouth.

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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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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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630 N 6th St
Studio to 1 Bedroom Apartments

630 N 6th St

630 N 6th StBurlington, IA 52601
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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

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.

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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
Showing Results 1-44, Page 1 of 1

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 $550. 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$550
Smith and Royer Apartments1 Bedroom Side Apartment1BR,1BA$550
Caspian Village Apartments2 Bedroom, 1 Bathrom2BR,1BA$625
Green Gable CottagesGreen Gable 1 Bedroom1BR,1BA$750
Park Madison Apartments1BR/1BA1BR,1BA$750
Bel Aire Apartments2 Bedrooms2BR,1BA$795
PARKWAY ESTATES2 Bedroom 1 Bath2BR,1BA$805
Pine Ridge1-norwa1BR,1BA$805
Alice Place West Burlington2-Bedroom2BR,1BA$840

Best Value Apartments for Rent in Monmouth, IL and Nearby

As of July 09, 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 Three Bedroom Model at Crowne Forest starting at $1,322 with a $1.17 price per square foot in the Walton Hills 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
Crowne ForestThree Bedroom3BR,2BA$1.17
Blaul LoftsBlaul Lofts - 2082BR,1BA$1.00
Westland Village2x12BR,1BA$0.89
Hawthorne Townhomes2 Bedrooms 2 Bath2BR,1.5BA$0.91
PARKWAY ESTATES2 Bedroom 1 Bath2BR,1BA$0.86
Alice Place West Burlington2-Bedroom2BR,1BA$0.90
Park Madison Apartments1BR/1BA1BR,1BA$1.00
Homewood Manora11BR,1BA$1.17
Caspian Village Apartments1 Bedroom, 1 Bathroom1BR,1BA$1.16

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 PARKWAY ESTATES and starts from $915.

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 Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.

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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.

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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.