Cheap Apartments for Rent near Monroe, AR from $500 (40 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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.

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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.

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West Towne Apartments
2 Bedroom Apartments

West Towne Apartments

2103 W Beebe Capps ExpySearcy, AR 72143
  • Utilities Included

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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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
  • Utilities Included
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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

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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Showing Results 1-40, 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
Country Club1x1Country Club1BR,1BA$600
Oakwood Apartments1.1S Rehab1BR,1BA$610
Vantage Point Apartments - Carriage HousePark View2BR,2BA$650
Farmview Estates2X12BR,1BA$700
The Luxe Apartments2bd upstairs upgraded2BR,1BA$725
Seasons Apartments2 Bedroom 1.5 Bath2BR,1BA$760
Cottonwood1 Bedrooms1BR,1BA$795
Creekside Village Townhomes2 Bedroom Townhome2BR,1BA$839

Best Value Apartments for Rent in Monroe, AR and Nearby

As of August 02, 2026 the best value apartment in the Monroe area is the $0.85 price per square foot The Titan Model at Village Square of Jacksonville in the in the Jacksonville Sherwood neighborhood starting from $910. The second greatest value Monroe apartment is the 1 Bedroom Model at The Retreat at Sherwood starting at $850 with a $0.89 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.
Village Square of JacksonvilleThe Titan3BR,2BA$0.85
The Retreat at Sherwood1 Bedroom1BR,1BA$0.89
Farmview Estates2X12BR,1BA$0.78
Seasons Apartments2 Bedroom 1.5 Bath2BR,1.5BA$0.87
The Luxe Apartments2bd upstairs upgraded2BR,1BA$0.84
Creekside Village Townhomes2 Bedroom Townhome2BR,1BA$0.99
Vantage Point Apartments - Carriage HouseVantage Point2BR,2BA$1.00
Country Club1x1Country Club1BR,1BA$0.88
Oakwood Apartments1.1 S1BR,1BA$0.98
Stonewall Apartments1BR/1BH (POS)1BR,1BA$0.95

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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Real 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.

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Quick Rent Budget Calculator

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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 Farmview Estates and starts from $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

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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.

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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.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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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.