
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

Total Monthly Price
Alice Place West Burlington

Mayfair Manor

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.

Century Woods Apartments

Aspen Court

PARKWAY ESTATES

Caspian Village Apartments

Swing's Leisure Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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630 N 6th St

341 N Lafayette St

Bel Aire Apartments

Williamsburg Apartments

407-407 SW 8th St
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.

Cotton Mill Apartments

605 S Dudley 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 | $848 | $390 | $1,200 |
| Monmouth 1 Bedroom Apartments | $846 | $510 | $1,495 |
| Monmouth 2 Bedroom Apartments | $1,053 | $450 | $1,650 |
| Monmouth 3 Bedroom Apartments | $1,387 | $815 | $1,900 |
| Monmouth 4 Bedroom Apartments | $1,142 | $600 | $1,650 |
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. 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 | 1BR,1BA | $515 |
| Mayfair Manor | 2x1 | 2BR,1BA | $525 |
| Century Woods Apartments | 1 BR 1 Bath | 1BR,1BA | $615 |
| Williamsburg Apartments | 1 Bedroom/1 Bath | 1BR,1BA | $675 |
Best Value Apartments for Rent in Monmouth, IL and Nearby
As of March 18, 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 Churchill Lofts - 214 Model at Churchill Lofts starting at $1,295 with a $1.07 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. |
|---|---|---|---|
| Creekside Park | 3 BR / 2 BA | 3BR,2BA | $0.85 |
| Churchill Lofts | Churchill Lofts - 214 | 2BR,1BA | $1.07 |
| Blaul Lofts | Blaul Lofts - 311 | 2BR,1BA | $1.12 |
| PARKWAY ESTATES | 3 Bedroom 2 Bath | 3BR,2BA | $0.84 |
| Westland Village | 2x1 | 2BR,1BA | $0.89 |
| Alice Place West Burlington | 2-Bedroom | 2BR,1BA | $0.90 |
| Park Madison Apartments | 1BR/1BA | 1BR,1BA | $1.00 |
| Century Woods Apartments | 1 BR 1 Bath | 1BR,1BA | $0.82 |
| Summer Street Apartments | Apartment 8 | 1BR,1BA | $1.20 |
| Caspian Village Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.21 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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 ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
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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.
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
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.