Cheap Homes for Rent in Monroe, AR from $500 (13 Rentals)

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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 $500. Oakwood Apartments in the Little Rock Air Force Base neighborhood has the second lowest priced unit, which is a 1 Bed 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$500
Oakwood ApartmentsRenovated 1Bed, 1Bath Available!1BR,1BA$595
New Studio One LLCOne Bedroom1BR,1BA$625
Seasons Apartments1 Bedroom1BR,1BA$650
Vantage Point Apartments - Carriage HouseVantage Point2BR,2BA$650

Best Value Apartments for Rent in Monroe, AR and Nearby

As of September 12, 2025 the best value apartment in the Monroe area is the $0.91 price per square foot 1 Bedroom Model at The Retreat at Sherwood in the in the Jacksonville Sherwood neighborhood starting from $875. The second greatest value Monroe apartment is the 2x2L Model at Riverchase Apartments starting at $960 with a $1.01 price per square foot in the Robinsonville Tunica 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.
The Retreat at Sherwood1 Bedroom1BR,1BA$0.91
Riverchase Apartments2x2L2BR,2BA$1.01
Fairfax CrossingTwo Bedroom2BR,2BA$0.99
The Luxe Apartments2bd downstairs2BR,1BA$0.89
Creekside Village Townhomes2 Bedroom Townhome2BR,1BA$1.00
523 E Main St2 Beds, 1 Baths2BR,1BA$0.99
The Cove at 300One Bedroom Renovated1BR,1BA$1.01
Seasons Apartments1 Bedroom1BR,1BA$0.95
Oakwood ApartmentsRenovated 1Bed, 1Bath Available!1BR,1BA$0.95
Stonewall Apartments1BR/1BH (POS)1BR,1BA$0.95

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Frequently Asked Questions about Monroe

What type of rentals are currently available in Monroe?

There are currently 39 Apartments for Rent in Monroe, AR with pricing that ranges from $500 to $1,810. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monroe ranging from $500 to $4,400.

What is the current price range for Rental Homes in Monroe?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Monroe ranges from $500 to $4,400 with an average monthly rent of $1,205.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.