
Cheap Apartments for Rent near Mono, ON from $795 (74 Rentals)
Search the lowest-cost Apartments available for rent right now in Mono.


80 Orenda Ct

143 Main Street South

2, 4, & 6 Silver Maple

123 / 125 Railroad

The Village View Apartments

1 Lowndes Av

The Landmarq Rental Residences

365 Kennedy Rd

Silvercreek Parkway
Rent According to Income: A Look at Income-Restricted Rentals
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53 McMurchy Avenue North

Riverview Apartments

The Compass Rental Residences

73 Clarence Street

274-278 Cedar Avenue

1745 Bloor Holdings Inc.

1785 Bloor Holdings Inc.

5 Capri Road

Total Monthly Price
Elmpark Manor Apartments 1

Total Monthly Price
Parkridge Apartments
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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.

Hanover Road

75 Huron Heights

Total Monthly Price
Mapleview Residences

Total Monthly Price
Woodlawn Towers Apartments

West22

114 Holland St W

Uniti

Oakview Heights

Acton Apartments
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.

45 Railroad

Total Monthly Price
Emery Crossing

2797 Battleford Rd

Meadowvale Gardens Apartment

Juniper Apartments

The Manett

Edgehill Apartments

1875 Steeles Avenue West

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Rambler Tower

Trafalgar Square
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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.

38 Dixington Crescent

Braemar Place

51 McMurchy

Balmoral Apartment

Total Monthly Price
Dixie Square Apartments

Lakeview Place

Battleford & Glen Erin

Two Ten Apartments

Daniels MPV2

190 CityView Apartments
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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Mono, ON Local Guide
How much does it cost to rent an apartment in Mono?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mono Studio Apartments | $1,755 | $795 | $1,962 |
| Mono 1 Bedroom Apartments | $2,081 | $1,200 | $2,829 |
| Mono 2 Bedroom Apartments | $2,432 | $1,450 | $3,279 |
| Mono 3 Bedroom Apartments | $2,818 | $2,160 | $3,839 |
| Mono 4 Bedroom Apartments | $2,495 | $2,495 | $2,495 |
Browse Top Apartments in Mono
See all Apartments in MonoExplore Mono
Mono, ON Local Guide
- Nearby Cities
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 45-51 E Surrey St | Studio | Studio, | $795 |
| 80 Orenda Ct | 1 Bed, 1 Bath | 1BR,1BA | $1,439 |
| 143 Main Street South | Bachelor | Studio,1BA | $1,440 |
| 2, 4, & 6 Silver Maple | 1 Bedroom (4 Silver Maple) | 1BR,1BA | $1,539 |
| The Village View Apartments | One Bedroom | 1BR,1BA | $1,550 |
| 365 Kennedy Rd | One Bedroom | 1BR,1BA | $1,650 |
| The Landmarq Rental Residences | One Bedroom | 1BR,1BA | $1,650 |
| Silvercreek Parkway | 1 Bedroom Promotional Price for First 7 Months* | 1BR,1BA | $1,675 |
| 35 Bredin | 1 Beds, 1 Baths | 1BR,1BA | $1,727 |
| 53 McMurchy Avenue North | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,747 |
Best Value Apartments for Rent in Mono, ON and Nearby
As of September 13, 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 Bedroom Model at Bathville Towers starting at $3,215 with a $2.16 price per square foot in the Bathurst Manor neighborhood. Here is today’s list of the best values for Mono apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Veterans Terrace | 2 BDRM W/O Garage | 2BR,1.5BA | $1.44 |
| Bathville Towers | 3 Bedroom | 3BR,1.5BA | $2.16 |
| Tamarack Woods Townhouses | 3 Bed 1 Bath E | 3BR,1BA | $1.71 |
| Oakview Heights | 2 Bedroom - Renovated | 2BR,1BA | $1.94 |
| 190 CityView Apartments | 3 Bed 1.5 Bath B | 3BR,1.5BA | $2.32 |
| Edgehill Apartments | 3 Bed 1.5 Bath A | 3BR,1.5BA | $2.12 |
| Juniper Apartments | 2 Bedroom | 2BR,1BA | $2.06 |
| Silvercreek Towers | 2 Bed 1 Bath A | 2BR,1BA | $2.35 |
| Two Ten Apartments | 2 Bedroom(s) and 1 Bathroom(s) | 2BR,1BA | $2.32 |
| 45-51 E Surrey St | 2 Bedrooms | 2BR,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.
Read ArticleNavigating 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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Mono, ON Rentals by Map
See the most popular apartments and homes in Mono, ON
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 $2,160.
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

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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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.

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.
