Cheap Apartments for Rent in Monmouth, IL from $300 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in Monmouth.

Smith and Royer Apartments

Lexington Concord

Mediapolis Village
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.

Aspen Court

PARKWAY ESTATES

Pine Ridge
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.

209 Chandler Blvd

525 S Lafayette St

203 Charleston Blvd
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

326 W Jefferson St

204 Charleston Blvd

201 Charleston Blvd

218 Charleston Blvd

219 Charleston Blvd

220 Charleston Blvd

607 NE 3rd Ave
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

524 W Murray 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 | $850 | $390 | $1,200 |
Monmouth 1 Bedroom Apartments | $842 | $510 | $1,300 |
Monmouth 2 Bedroom Apartments | $1,042 | $450 | $1,700 |
Monmouth 3 Bedroom Apartments | $1,455 | $799 | $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. 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Macomb Rentals | Studio, 1 bath | Studio,1BA | $390 |
Mayfair Manor | 2x1 | 2BR,1BA | $525 |
Smith and Royer Apartments | 1 Bedroom | 1BR,1BA | $550 |
Mediapolis Village | Unit 67 | 2BR,1BA | $595 |
Cotton Mill Apartments | 1x1 | 1BR,1BA | $700 |
Best Value Apartments for Rent in Monmouth, IL and Nearby
As of June 22, 2025 the best value apartment in the Monmouth area is the $0.90 price per square foot 2 Beds, 2 baths Model at River Oaks Trails in the starting from $991. The second greatest value Monmouth apartment is the 510 Layne Drive Model at Nexus TownHomes starting at $1,275 with a $1.28 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. |
---|---|---|---|
River Oaks Trails | 2 Beds, 2 baths | 2BR,2BA | $0.90 |
Nexus TownHomes | 510 Layne Drive | 2BR,1BA | $1.28 |
Churchill Lofts | Churchill Lofts - 210 | 2BR,1BA | $0.98 |
PARKWAY ESTATES | 2 Bedroom 1 Bath | 2BR,1BA | $0.81 |
Crowne Forest | Two Bedroom | 2BR,2BA | $1.19 |
Park Madison Apartments | 1BR/1BA | 1BR,1BA | $1.00 |
Cotton Mill Apartments | 1x1 | 1BR,1BA | $1.00 |
Elm Haven Place | UP TO $2250 OFF rent OR 2 FREE months rent YOU ... | 1BR,1BA | $1.28 |
Pine Ridge | 1-sycam | 1BR,1BA | $1.20 |
Mediapolis Village | Unit 38 | 2BR,1BA | $0.95 |
Quick Rent Budget Calculator
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Best Local Schools in Monmouth, IL
School data provided by Great Schools
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
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 Mediapolis Village and starts from $799.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.