
Cheap Homes for Rent in Mono, ON from $1,800 (29 Rentals)
Search the lowest-cost Homes available for rent right now in Mono.


9 Peel St

45 Bowen Dr

11 Loggers Run

212 Queen St S

6951 Darcel Av

25 Brightway Cres
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.

64 Collete Crescent

84 2nd St

84 2nd St

79 A Dawson Rd

213 Sarah Ct

213 Sarah Ct

84 2nd St
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.

84 2nd St

195 Commerce St

3 Faulkner St

74 Peel St

38 Honeycrisp Cres

90 Townline

184 Eighth St
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.

3 Faulkner St

120 Morden Dr

22 First St

22 First St

73 Eugenia St

28 Foxacre Row

225 Malta Av
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.

2 David Eyer Rd
Mono, ON Local Guide
How much does it cost to rent a home in Mono?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mono 2 Bedroom Homes for Rent | $2,306 | $1,800 | $2,700 |
| Mono 3 Bedroom Homes for Rent | $3,516 | $2,500 | $4,700 |
| Mono 4 Bedroom Homes for Rent | $3,275 | $2,700 | $4,500 |
| Mono 5 Bedroom Homes for Rent | $3,300 | $3,300 | $3,300 |
Browse Top Homes for Rent in Mono
Explore 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 Beth, 1 Bath | 1BR,1BA | $1,439 |
| 2, 4, & 6 Silver Maple | 1 Bedroom (4 Silver Maple) | 1BR,1BA | $1,539 |
| 143 Main Street South | Bachelor | Studio,1BA | $1,543 |
| 1 Lowndes Av | 1 Bedroom | 1BR,1BA | $1,550 |
| 1745 Bloor Holdings Inc. | BACHELOR | Studio,1BA | $1,600 |
| Silvercreek Parkway | 1 Bedroom Promotional Price for First 8 Months* | 1BR,1BA | $1,675 |
| 75 Huron Heights | 1 Bed, 1 Bath | 1BR,1BA | $1,736 |
| 53 McMurchy Avenue North | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,747 |
| The Landmarq Rental Residences | One Bedroom | 1BR,1BA | $1,750 |
Best Value Apartments for Rent in Mono, ON and Nearby
As of June 20, 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 B | 3BR,1BA | $1.66 |
| Oakview Heights | 2 Bedroom - Renovated | 2BR,1BA | $2.03 |
| 2, 4, & 6 Silver Maple | 2 Bedroom (2 Silver Maple) | 2BR,1BA | $1.70 |
| 38 Dixington Crescent | 1 Beds + Den, 1 Baths | 1BR,1BA | $2.08 |
| 35 Bredin | 2 Beds, 1 Bath | 2BR,1BA | $1.90 |
| Juniper Apartments | 2 Bedroom | 2BR,1BA | $2.05 |
| 190 CityView Apartments | 2 Bed 1 Bath A | 2BR,1BA | $2.35 |
| 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!
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See the most popular apartments and homes in Mono, ON
Frequently Asked Questions about Mono
What type of rentals are currently available in Mono?
There are currently 102 Apartments for Rent in Mono, ON with pricing that ranges from $795 to $15,988. There are also 56 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mono ranging from $1,800 to $4,700.
What is the current price range for Rental Homes in Mono?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Mono ranges from $1,800 to $4,700 with an average monthly rent of $2,919.
How much are larger Three and Four Bedroom Rentals in Mono?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Mono range from $2,220 to $3,529, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,500 to $4,700. Four Bedroom Single-Family rentals are also available starting from $2,700 and Four Bedroom Apartments start at $2,495.
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

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.

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.