Cheap Apartments for Rent in Monmouth, IL from $390 (27 Rentals)

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Monmouth Manor
1 to 2 Bedroom Apartments

Monmouth Manor

1018 N 6th StMonmouth, IL 61462

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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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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630 N 6th St
Studio to 1 Bedroom Apartments

630 N 6th St

630 N 6th StBurlington, IA 52601

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Lexington Concord
Studio to 3 Bedroom Apartments

Lexington Concord

902 N Charles StMacomb, IL 61455
Student Housing
  • Utilities Included
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Williamsburg Apartments
1 to 2 Bedroom Apartments

Williamsburg Apartments

1072 Olive StGalesburg, IL 61401
Corporate Housing
  • Utilities Included

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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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$650
Park Madison Apartments1BR/1BA1BR,1BA$750
Caspian Village Apartments1 Bedroom, 1 Bathroom1BR,1BA$750
Green Gable CottagesGreen Gable 1 Bedroom1BR,1BA$750
Bel Aire Apartments2 Bedrooms2BR,1BA$795
Pine Ridge1-sycam1BR,1BA$815
Alice Place West Burlington2-Bedroom2BR,1BA$840
Westland Village2x12BR,1BA$850

Best Value Apartments for Rent in Monmouth, IL and Nearby

As of August 24, 2026 the best value apartment in the Monmouth area is the $1.09 price per square foot The Riverside Model at Parkway Commons in the in the Saukie neighborhood starting from $1,350. The second greatest value Monmouth apartment is the 3 BR / 2 BA Model at Creekside Park starting at $1,029 with a $0.85 price per square foot . 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.
Parkway CommonsThe Riverside2BR,2BA$1.09
Creekside Park3 BR / 2 BA3BR,2BA$0.85
Blaul LoftsBlaul Lofts - 3092BR,1BA$1.00
PARKWAY ESTATES3 Bedroom 2 Bath3BR,2BA$0.84
Westland Village2x12BR,1BA$0.89
Hawthorne Townhomes2 Bedrooms 2 Bath2BR,1.5BA$0.91
Black Hawk Village2 Bedroom2BR,1BA$1.19
Alice Place West Burlington2-Bedroom2BR,1BA$0.97
Park Madison Apartments1BR/1BA1BR,1BA$1.00
Pine Ridge1-sycam1BR,1BA$1.21

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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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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.