
Cheap Apartments for Rent in Monroe Center, IL from $400 (74 Rentals)
Search the lowest-cost Apartments available for rent right now in Monroe Center.


Pearl Place Apartments

Hunter Star Properties

New Suburban Apartments

Roberts Court

Willis Senior Lofts

Beacon Hill Apartments

One bedroom apartment with balcony

4566 Governors Dr

Great Oaks Apartments
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.

Shadley Apartments

Creekview Apartments

Whitestone Manor Apartments

**CREEKVIEW PROPERTIES**

3432-3436 Harrison Ave

Wesleyan Apartments

Harrison Beach Apartments

Renn Hart Hills

Carriage Court Apartments

Water Power Lofts
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.

Laramie Apartment Homes

Flintridge Drive

The Hamptons

1416 E State St Apartments

Rock River Tower Apartments

Rockford Housing Authority

Millbrook Townhomes

Longwood Garden Apartments

The Grove Apartments

Windsor Apartments
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.

Carthage Apartments

Carlton Apartments

4418 Eastridge Dr

2816 Rudeen Close

4471 Carthage Dr

6014-6066 Boxwood Dr

4604 Governors Dr

4651 Governors Dr

4210-4212 7th St

4703 Turner St
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.

3036 La Salle Ave

4714 Trevor Cir

4860 Creek View Rd

3023-3031 La Salle Ave

4710 Trevor Cir

4003 9th St

4205 8th St

4551 Governors Dr

4536 Trevor Cir

4682 Trevor Cir
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.
Monroe Center, IL Local Guide

How much does it cost to rent an apartment in Monroe Center?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monroe Center Studio Apartments | $973 | $745 | $1,399 |
| Monroe Center 1 Bedroom Apartments | $1,136 | $820 | $1,745 |
| Monroe Center 2 Bedroom Apartments | $1,418 | $925 | $2,300 |
| Monroe Center 3 Bedroom Apartments | $1,671 | $1,070 | $2,100 |
| Monroe Center 4 Bedroom Apartments | $1,538 | $1,350 | $1,775 |
Browse Top Apartments in Monroe Center
See all Apartments in Monroe CenterExplore Monroe Center
Monroe Center, IL Local Guide
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Cheapest Available Monroe Center Apartments for Rent and Nearby
 The cheapest available apartment rental in Monroe Center, IL is a 1 Bed unit found at Pearl Place Apartments in the Boone County neighborhood priced from $693. Roberts Court in the Central Terrace neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $820. Here is today’s list of the most affordable Monroe Center apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pearl Place Apartments | One Bedroom | 1BR,1BA | $693 |
| Roberts Court | 1 Bed, 1 bath | 1BR,1BA | $820 |
| Windsor Apartments | 2 bedroom 1 bathroom | 2BR,1BA | $825 |
| Carlton Apartments | 2 bedroom one bathroom | 2BR,1BA | $875 |
| Great Oaks Apartments | Primrose at Great Oaks | 1BR,1BA | $980 |
| Creekview Apartments | Newly Renovated 1BR | 1BR,1BA | $995 |
| **CREEKVIEW PROPERTIES** | Garden | 2BR,1BA | $1,000 |
| Carriage Court Apartments | 1BR/1.0BA | 1BR,1BA | $1,195 |
| Beacon Hill Apartments | Bluebell | 1BR,1BA | $1,212 |
| Harrison Beach Apartments | Spacious Newly Renovated 2b/1b | 2BR,1BA | $1,299 |
Best Value Apartments for Rent in Monroe Center, IL and Nearby
As of July 27, 2026 the best value apartment in the Monroe Center area is the $0.67 price per square foot 2 bedroom 1 bathroom Model at Windsor Apartments in the in the Central Terrace neighborhood starting from $825. The second greatest value Monroe Center apartment is the 2 bedroom one bathroom Model at Carlton Apartments starting at $875 with a $0.73 price per square foot in the Central Terrace neighborhood. Here is today’s list of the best values for Monroe Center apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Windsor Apartments | 2 bedroom 1 bathroom | 2BR,1BA | $0.67 |
| Carlton Apartments | 2 bedroom one bathroom | 2BR,1BA | $0.73 |
| Pearl Place Apartments | Two Bedroom | 2BR,1BA | $0.81 |
| Terra Creek Apartments | Teton | 2BR,2BA | $1.54 |
| Pembrook Place | Chestnut Apartment | 1BR,1BA | $1.63 |
| Creekview Apartments | Newly Renovated 1BR+Washer/dryer | 1BR,1BA | $1.36 |
| Harrison Beach Apartments | Spacious Newly Renovated 2b/1b | 2BR,1BA | $1.62 |
| **CREEKVIEW PROPERTIES** | Upper floor with dishwasher | 2BR,1BA | $1.31 |
| Carriage Court Apartments | 1BR/1.0BA | 1BR,1BA | $1.51 |
| Roberts Court | 1 Bed, 1 bath | 1BR,1BA | $1.26 |
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 ArticleReal 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.
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!
Explore Monroe Center, IL Rentals by Map
See the most popular apartments and homes in Monroe Center, IL
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 $825 at Windsor Apartments.
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

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.

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.

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.