Cheap Apartments for Rent in Monroe, AR from $500 (32 Rentals)

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

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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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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West Towne Apartments
2 Bedroom Apartments

West Towne Apartments

2103 W Beebe Capps ExpySearcy, AR 72143
  • Utilities Included

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.

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Seasons Apartments
1 to 3 Bedroom Apartments

Seasons Apartments

301 W 33rd AvePine Bluff, AR 71603
  • Utilities Included
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Orchards at Cabot
1 to 2 Bedroom Apartments

Orchards at Cabot

555 E Mountain Springs RdCabot, AR 72023
Senior Living
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523 E Main St
2 Bedroom Apartments

523 E Main St

523 E Main StCabot, AR 72023
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Timberwood Apartments
1 to 3 Bedroom Apartments

Timberwood Apartments

207 S Hospital BlvdJacksonville, AR 72076
  • Utilities Included

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.

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Showing Results 1-32, Page 1 of 1

Monroe, AR Local Guide

Cheapest Available Monroe Apartments for Rent and Nearby

 

The cheapest available apartment rental in Monroe, AR is a 1 Bed unit found at Stonewall Apartments in the Little Rock Air Force Base neighborhood priced from $550. New Studio One LLC has the second lowest priced unit, which is a Studio apartment currently listed from $595. Here is today’s list of the most affordable Monroe apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Stonewall Apartments1BR/1BH (POS)1BR,1BA$550
New Studio One LLCStudio, 1 bathStudio,1BA$595
Oakwood Apartments1.1S Rehab1BR,1BA$610
Vantage Point Apartments - Carriage HousePark View2BR,2BA$650
Seasons Apartments2 Bedroom 1.5 Bath2BR,1BA$760
The Luxe Apartments2bd upstairs upgraded2BR,1BA$765
Greenway Apartments1 Beds, 1 Baths1BR,1BA$780
Meadow Lake Apartments2.1 P2BR,1BA$820
Fairfax Crossing Apartments1BR1BR,1BA$825
Village Square of JacksonvilleThe Cadet1BR,1BA$825

Best Value Apartments for Rent in Monroe, AR and Nearby

As of May 04, 2026 the best value apartment in the Monroe area is the $1.02 price per square foot Premium 2 Bedroom Apartment Home Model at Steeplechase Apartments in the starting from $1,075. The second greatest value Monroe apartment is the 1 Bedroom Model at The Retreat at Sherwood starting at $875 with a $0.91 price per square foot in the Jacksonville Sherwood neighborhood. Here is today’s list of the best values for Monroe apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Steeplechase ApartmentsPremium 2 Bedroom Apartment Home2BR,2BA$1.02
The Retreat at Sherwood1 Bedroom1BR,1BA$0.91
Chapel Ridge Apartments2x2 Mkt2BR,2BA$0.98
Crestview Apartments2BR/1.5BA2BR,1.5BA$1.00
Seasons Apartments2 Bedroom 1.5 Bath2BR,1.5BA$0.87
The Luxe Apartments2bd upstairs2BR,1BA$0.89
Creekside Village Townhomes2 Bedroom Townhome2BR,1BA$0.99
Vantage Point Apartments - Carriage HouseVantage Point2BR,2BA$1.00
Oakwood Apartments1.1 S1BR,1BA$0.98
Stonewall Apartments1BR/1BH (POS)1BR,1BA$0.95

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The 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.

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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.

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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.

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

Explore Monroe, AR Rentals by Map

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See the most popular apartments and homes in Monroe, AR

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Frequently Asked Questions about Cheap Monroe Apartments

What is the Cheapest Studio apartment in Monroe?

Currently the most affordable Cheap Studio Apartment in Monroe is at New Studio One LLC listed at $595.

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

The lowest price for a Cheap One Bedroom Monroe Apartment is $550 at Stonewall Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Monroe is starting from $635 at Stonewall Apartments.

What is the most affordable Monroe Three Bedroom Apartment?

The best deal on a cheap Monroe Three Bedroom Apartment rental is at Stonewall Apartments and starts from $725.

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

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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.

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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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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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.