
Cheap Homes for Rent in Mono, ON from $1,200 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Mono.


50 Nelson St W

20 Juniper Cres

324 Chatfield Dr

20 Citronella Ln

20 Hawthorne Rd
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.

140 Penetang St

59 Cambridge Ave

64 Collete Crescent

28 Quarry Dr

15 Faulkner St

321 Howard Crescent
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.

634041 Hurontario St
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 | $2,181 | $1,650 | $3,000 |
| Mono 3 Bedroom Homes for Rent | $2,757 | $2,100 | $3,300 |
| Mono 4 Bedroom Homes for Rent | $2,832 | $2,500 | $3,100 |
| Mono 6 Bedroom Homes for Rent | $4,185 | $4,185 | $4,185 |
Browse Top Homes for Rent in Mono
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Mono, ON Local Guide
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Cheapest Available Mono Apartments for Rent
 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 $700. Arcadian Students in the East End neighborhood has the second lowest priced unit, which is a 5 Beds apartment currently listed from $1,019. 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, | $700 |
| Arcadian Students | 5 Bed 5 Bath Townhouse | 5BR,5BA | $1,019 |
| Embassy Apartments | Bachelor | Studio,1BA | $1,375 |
| 80 Orenda Ct | 1 Beth, 1 Bath | 1BR,1BA | $1,519 |
| 2, 4, & 6 Silver Maple | 1 Bedroom (2 Silver Maple) | 1BR,1BA | $1,539 |
Best Value Apartments for Rent in Mono, ON
As of January 30, 2026 the best value apartment in the Mono area is the $1.75 price per square foot 3 Bed 1 Bath B Model at Tamarack Woods Townhouses in the in the Simcoe Region neighborhood starting from $2,550. The second greatest value Mono apartment is the 5 Bed 5 Bath Apartment Model at Arcadian Students starting at $1,019 with a $0.75 price per square foot in the East End 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. |
|---|---|---|---|
| Tamarack Woods Townhouses | 3 Bed 1 Bath B | 3BR,1BA | $1.75 |
| Arcadian Students | 5 Bed 5 Bath Apartment | 5BR,5BA | $0.75 |
| Oakview Heights | 2 Bedroom - Renovated | 2BR,1BA | $1.76 |
| 38 Dixington Crescent | 1 Bed, 1 Bath | 1BR,1BA | $1.94 |
| Juniper Apartments | 2 Bedroom | 2BR,1BA | $2.18 |
| Trafalgar Square | 2 Bedroom | 2BR,1BA | $2.05 |
| Balmoral Apartment | 2 Bedroom | 2BR,1BA | $2.20 |
| Duncanwoods Manor | One Bedroom | 1BR,1BA | $2.03 |
| 2, 4, & 6 Silver Maple | 1 Bedroom (6 Silver Maple) | 1BR,1BA | $2.22 |
| 45-51 E Surrey St | 1 Bedroom | 1BR,1BA | $1.54 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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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Frequently Asked Questions about Mono
What type of rentals are currently available in Mono?
There are currently 98 Apartments for Rent in Mono, ON with pricing that ranges from $700 to $3,750. There are also 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mono ranging from $1,250 to $4,185.
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 $1,250 to $4,185 with an average monthly rent of $2,498.
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 $1,999 to $3,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,100 to $3,300. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $3,750.
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

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.