Cheap Apartments for Rent near Mono, ON from $700 (78 Rentals)

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

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Bryden Apartments
$1,615 - $2,1151 to 2 Bedroom Apartments Available Now

Bryden Apartments

380-400 Waterloo AveGuelph, ON N1H 7H8
Eco-Friendly
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  • Utilities Included
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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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Emery Crossing
Rent Specials
$1,950 - $3,300
Total Monthly Price

Total Monthly Price

Base Rent
$1,950 - $3,300
Total Monthly Price
$1,950 - $3,300
1 to 3 Bedroom Apartments Available Now

Emery Crossing

5 Zappacosta DrToronto, ON M9M 0G9
Affordability
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  • Smoke Free

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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Rambler Tower
Rent Specials
$1,999 - $2,559
Total Monthly Price

Total Monthly Price

Base Rent
$1,999 - $2,559
Total Monthly Price
$1,999 - $2,559
1 to 2 Bedroom Apartments Available Now

Rambler Tower

25 Rambler DrBrampton, ON L6W 1E4
Affordability
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  • Utilities Included
  • 3D Tour

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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property at 88 Floribunda Cres

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400

1 Bedroom, 1 Bath Home for Rent

Available Now

88 Floribunda Cres

BramptonONL6T 4S2
property at 3 Norwich Pl

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450
Total Monthly Price
$1,450

Studio, 1 Bath Home for Rent

Available Now

3 Norwich Pl

TorontoONM9V 2Y9
property at 25 Elizabeth St

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600
Total Monthly Price
$1,600

2 Bedroom, 1 Bath Home for Rent

Available Sep 30

25 Elizabeth St

GuelphONN1E 2X1
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75 Orenda Court
$1,628 - $2,799Studio to 4 Bedroom Apartments

75 Orenda Court

75 Orenda CrtBrampton, ON L6W 3N2
  • Smoke Free
property at 854 Knotty Pine Grv

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650
Total Monthly Price
$1,650

1 Bedroom, 1 Bath Home for Rent

Available Jul 31

854 Knotty Pine Grv

MississaugaONL5W 1K2

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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Mono, ON Local Guide

Cheapest Available Mono Apartments for Rent and Nearby

 

The cheapest available apartment rental in Mono, ON is a Studio unit found at 45-51 E Surrey St in the Guelph East neighborhood priced from $795. 80 Orenda Ct in the Brampton East neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,439. Here is today’s list of the most affordable Mono apartments for rent:

Apartment ListingModel NameBed/BathPriced From
45-51 E Surrey StStudioStudio,$795
80 Orenda Ct1 Bed, 1 Bath1BR,1BA$1,439
2, 4, & 6 Silver Maple1 Bedroom (4 Silver Maple)1BR,1BA$1,539
1 Lowndes Av1 Bedroom1BR,1BA$1,550
123 / 125 RailroadStudioStudio,1BA$1,550
1745 Bloor Holdings Inc.BACHELORStudio,1BA$1,600
Bryden Apartments1 Bedroom1BR,1BA$1,615
UnitiTallchiefStudio,1BA$1,650
Silvercreek Parkway1 Bedroom Promotional Price for First 8 Months*1BR,1BA$1,675
143 Main Street South1 Bed 1 Bath1BR,1BA$1,680

Best Value Apartments for Rent in Mono, ON and Nearby

As of July 28, 2026 the best value apartment in the Mono area is the $1.44 price per square foot 2 BDRM W/O Garage Model at Veterans Terrace in the in the Simcoe Region neighborhood starting from $2,300. The second greatest value Mono apartment is the 3 Bed 1 Bath E Model at Tamarack Woods Townhouses starting at $2,395 with a $1.71 price per square foot in the Simcoe Region neighborhood. Here is today’s list of the best values for Mono apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Veterans Terrace2 BDRM W/O Garage2BR,1.5BA$1.44
Tamarack Woods Townhouses3 Bed 1 Bath E3BR,1BA$1.71
Oakview Heights2 Bedroom - Renovated2BR,1BA$1.94
38 Dixington Crescent1 Beds + Den, 1 Baths1BR,1BA$2.05
Juniper Apartments2 Bedroom2BR,1BA$2.18
Two Ten Apartments2 Bedroom(s) and 1 Bathroom(s)2BR,1BA$2.32
283 Bristol StOne Bedroom1BR,1BA$2.20
2, 4, & 6 Silver Maple1 Bedroom (6 Silver Maple)1BR,1BA$2.05
Bryden Apartments1 Bedroom1BR,1BA$2.01
45-51 E Surrey St2 Bedrooms2BR,1BA$2.07

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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Mono, ON Rentals by Map

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Frequently Asked Questions about Cheap Mono Apartments

What is the Cheapest Studio apartment in Mono?

Currently the most affordable Cheap Studio Apartment in Mono is at 45-51 E Surrey St listed at $795.

How much is rent for a Cheap One Bedroom Mono Apartment?

The lowest price for a Cheap One Bedroom Mono Apartment is $1,200 at 45-51 E Surrey St.

What is the lowest price for a Cheap Two Bedroom Mono Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Mono is starting from $1,450 at 45-51 E Surrey St.

What is the most affordable Mono Three Bedroom Apartment?

The best deal on a cheap Mono Three Bedroom Apartment rental is at 80 Orenda Ct and starts from $2,220.

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

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.

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.

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

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.