
Cheap Homes for Rent in Monmouth, IL from $500 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Monmouth.


607 NE 3rd Ave

1604 30th St

322 S Madison St

109 E Jackson St
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.

1003 6th St

407-407 SW 8th St

305 N Pleasant View St

1701 25th St

116 N 5th St

1221 Garden Ln

916 E Jackson
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.
Monmouth, IL Local Guide

How much does it cost to rent a home in Monmouth?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Monmouth 2 Bedroom Homes for Rent | $950 | $712 | $1,300 |
Monmouth 3 Bedroom Homes for Rent | $1,252 | $1,050 | $1,500 |
Monmouth 4 Bedroom Homes for Rent | $1,220 | $1,140 | $1,300 |
Monmouth 5 Bedroom Homes for Rent | $1,750 | $1,750 | $1,750 |
Browse Top Homes for Rent 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. 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 59 | 2BR,1BA | $565 |
Williamsburg Apartments | 1 Bedroom/1 Bath | 1BR,1BA | $675 |
Best Value Apartments for Rent in Monmouth, IL and Nearby
As of July 29, 2025 the best value apartment in the Monmouth area is the $0.89 price per square foot Churchill Lofts - 316 Model at Churchill Lofts in the in the Ginger Ridge neighborhood starting from $1,498. The second greatest value Monmouth apartment is the 2 Beds, 2 baths Model at River Oaks Trails starting at $991 with a $0.90 price per square foot . 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. |
---|---|---|---|
Churchill Lofts | Churchill Lofts - 316 | 2BR,1BA | $0.89 |
River Oaks Trails | 2 Beds, 2 baths | 2BR,2BA | $0.90 |
Mediapolis Village | Unit 41 | 4BR,2BA | $0.96 |
Nexus TownHomes | 510 Layne Drive | 2BR,1BA | $1.28 |
Blaul Lofts | Blaul Lofts - 312 | 1BR,1BA | $0.98 |
Homewood Manor | 1 Bed 1 Bath B | 1BR,1BA | $1.26 |
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 |
Bel Aire Apartments | 1 Bedroom | 1BR,1BA | $1.28 |
Williamsburg Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.24 |
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Frequently Asked Questions about Monmouth
What type of rentals are currently available in Monmouth?
There are currently 43 Apartments for Rent in Monmouth, IL with pricing that ranges from $390 to $1,900. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monmouth ranging from $550 to $1,750.
What is the current price range for Rental Homes in Monmouth?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Monmouth ranges from $550 to $1,750 with an average monthly rent of $1,173.
How much are larger Three and Four Bedroom Rentals in Monmouth?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Monmouth range from $880 to $1,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $1,500. Four Bedroom Single-Family rentals are also available starting from $1,140 and Four Bedroom Apartments start at $600.
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.