Cheap Apartments for Rent near Monroe Center, IL from $693 (73 Rentals)

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

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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Rockford Housing Authority
1 to 2 Bedroom Apartments

Rockford Housing Authority

223 S Winnebago StRockford, IL 61102
Corporate Housing
  • Utilities Included
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Millbrook Townhomes
2 to 3 Bedroom Apartments

Millbrook Townhomes

1754 Millbrook LaneCherry Valley, IL 61016
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Windsor Apartments
Studio to 3 Bedroom Apartments

Windsor Apartments

902 N Main StRockford, IL 61103
  • Utilities Included

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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Carthage Apartments
1 to 2 Bedroom Apartments

Carthage Apartments

4440 Carthage DrRockford, IL 61109
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Carlton Apartments
2 to 3 Bedroom Apartments

Carlton Apartments

948 N Main StRockford, IL 61103
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2816 Rudeen Close
1 to 2 Bedroom Apartments

2816 Rudeen Close

2816 Rudeen CloseRockford, IL 61108
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4471 Carthage Dr
2 Bedroom Apartments

4471 Carthage Dr

4471 Carthage DrRockford, IL 61109
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4418 Eastridge Dr
1 Bedroom Apartments

4418 Eastridge Dr

4418 Eastridge DrRockford, IL 61107
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4566 Governors Dr
1 to 2 Bedroom Apartments

4566 Governors Dr

4566 Governors DrRockford, IL 61109
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4210-4212 7th St
2 Bedroom Apartments

4210-4212 7th St

4210-4212 7th StRockford, IL 61109

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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4703 Turner St
Studio to 2 Bedroom Apartments

4703 Turner St

4703 Turner StRockford, IL 61107
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3036 La Salle Ave
1 to 2 Bedroom Apartments

3036 La Salle Ave

3036 La Salle AveRockford, IL 61114
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4710 Trevor Cir
1 to 2 Bedroom Apartments

4710 Trevor Cir

4710 Trevor CirRockford, IL 61109
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4551 Governors Dr
2 Bedroom Apartments

4551 Governors Dr

4551 Governors DrRockford, IL 61109
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4003 9th St
2 Bedroom Apartments

4003 9th St

4003 9th StRockford, IL 61109
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4205 8th St
2 Bedroom Apartments

4205 8th St

4205 8th StRockford, IL 61109
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4536 Trevor Cir
1 to 2 Bedroom Apartments

4536 Trevor Cir

4536 Trevor CirRockford, IL 61109

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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Monroe Center, IL Local Guide

Cheapest Available Monroe Center Apartments for Rent and Nearby

 

The cheapest available apartment rental in Monroe Center, IL is a 2 Beds unit found at Millbrook Townhomes in the Outer South Rockford neighborhood priced from $491. Pearl Place Apartments in the Boone County neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $693. Here is today’s list of the most affordable Monroe Center apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Millbrook TownhomesC2BR,1BA$491
Pearl Place ApartmentsOne Bedroom1BR,1BA$693
Windsor Apartments2 bedroom 1 bathroom2BR,1BA$825
Carlton Apartments2 bedroom one bathroom2BR,1BA$875
Roberts Court2 Beds, 1.5 baths2BR,1BA$970
Creekview ApartmentsNewly Renovated 1BR1BR,1BA$995
**CREEKVIEW PROPERTIES**Garden2BR,1BA$1,000
Beacon Hill ApartmentsMagnolia1BR,1BA$1,098
Great Oaks ApartmentsMarigold at Great Oaks2BR,1BA$1,154
Carriage Court Apartments1BR/1.0BA1BR,1BA$1,195

Best Value Apartments for Rent in Monroe Center, IL and Nearby

As of September 11, 2026 the best value apartment in the Monroe Center area is the $0.36 price per square foot C Model at Millbrook Townhomes in the in the Outer South Rockford neighborhood starting from $491. The second greatest value Monroe Center apartment is the Three Bedroom Two Bath Model at The Meadows starting at $1,635 with a $1.22 price per square foot in the East Rockford neighborhood. Here is today’s list of the best values for Monroe Center apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Millbrook TownhomesC2BR,1.5BA$0.36
The MeadowsThree Bedroom Two Bath3BR,2BA$1.22
Windsor Apartments2 bedroom 1 bathroom2BR,1BA$0.67
Carlton Apartments2 bedroom one bathroom2BR,1BA$0.73
The HamptonsCourtyard Two Bedroom Upper Attached Garage2BR,2BA$1.43
Pearl Place ApartmentsTwo Bedroom2BR,1BA$0.81
Roberts Court2 Beds, 1.5 baths2BR,1.5BA$0.97
Creekview ApartmentsNewly Renovated 1BR+Washer/dryer1BR,1BA$1.36
**CREEKVIEW PROPERTIES**Upper floor with dishwasher2BR,1BA$1.31
Carriage Court Apartments1BR/1.0BA1BR,1BA$1.51

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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

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.

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

Explore Monroe Center, IL Rentals by Map

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See the most popular apartments and homes in Monroe Center, IL

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Frequently Asked Questions about Cheap Monroe Center Apartments

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

The lowest price for a Cheap One Bedroom Monroe Center Apartment is $693 at Pearl Place Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Monroe Center is starting from $491 at Millbrook Townhomes.

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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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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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.