
Cheap Apartments for Rent in Mono, ON from $700 (48 Rentals)
Search the lowest-cost Apartments available for rent right now in Mono.


80 Orenda Ct

2, 4, & 6 Silver Maple

143 Main Street South

Two Ten Apartments

1745 Bloor Holdings Inc.

The Village View Apartments

Bryden Apartments

73 Clarence Street
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.

Uniti

Silvercreek Parkway

Trafalgar Square

75 Huron Heights

123 / 125 Railroad

The Compass Rental Residences

The Landmarq Rental Residences

1785 Bloor Holdings Inc.

53 McMurchy Avenue North
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.

365 Kennedy Rd

Acton Apartments

Total Monthly Price
Elmpark Manor Apartments 1

Total Monthly Price
Parkridge Apartments

Total Monthly Price
Woodlawn Towers Apartments

114 Holland St W

38 Dixington Crescent

Oakview Heights

5 Capri Road
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

51 McMurchy

19734 Airport Rd

19734 Airport Rd

Embassy Apartments

75 Orenda Court

15 Faulkner St

15 Faulkner St

Bathville Towers

213 Sarah Ct
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.

213 Sarah Ct

Total Monthly Price
Seeley Estates

35 Bredin

50 Second Avenue

1537 WILLOWS APARTMENTS

137 Broadway

84 2nd St

84 2nd St

84 2nd St
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.

84 2nd St

9 Princess St

9 Princess St
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 | $1,776 | $795 | $1,972 |
| Mono 1 Bedroom Apartments | $2,068 | $1,200 | $2,689 |
| Mono 2 Bedroom Apartments | $2,443 | $1,450 | $3,279 |
| Mono 3 Bedroom Apartments | $2,698 | $1,979 | $3,300 |
| Mono 4 Bedroom Apartments | $2,827 | $2,495 | $3,295 |
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 $1,519. 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 Beth, 1 Bath | 1BR,1BA | $1,519 |
| 2, 4, & 6 Silver Maple | 1 Bedroom (4 Silver Maple) | 1BR,1BA | $1,539 |
| 143 Main Street South | Bachelor | Studio,1BA | $1,569 |
| Two Ten Apartments | 1 Bedroom(s) and 1 Bathroom(s) | 1BR,1BA | $1,599 |
| The Village View Apartments | Jr One Bedroom | 1BR,1BA | $1,600 |
| 1745 Bloor Holdings Inc. | BACHELOR | Studio,1BA | $1,600 |
| Bryden Apartments | 1 Bedroom | 1BR,1BA | $1,625 |
| Uniti | Tallchief | Studio,1BA | $1,650 |
| 73 Clarence Street | 1 Beds, 1 Bath | 1BR,1BA | $1,713 |
Best Value Apartments for Rent in Mono, ON and Nearby
As of May 21, 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 $2,935 with a $1.97 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 | $1.97 |
| Tamarack Woods Townhouses | 3 Bed 1 Bath E | 3BR,1BA | $1.68 |
| Oakview Heights | 2 Bedroom - Renovated | 2BR,1BA | $2.11 |
| 38 Dixington Crescent | 1 Beds + Den, 1 Baths | 1BR,1BA | $2.07 |
| Juniper Apartments | 2 Bedroom | 2BR,1BA | $2.05 |
| Balmoral Apartment | 2 Bedroom | 2BR,1BA | $2.20 |
| Bryden Apartments | 1 Bedroom | 1BR,1BA | $1.84 |
| 2, 4, & 6 Silver Maple | 1 Bedroom (4 Silver Maple) | 1BR,1BA | $1.84 |
| 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 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 $1,659.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.