Cheap Apartments for Rent in Monroe City, IN from $300 (28 Rentals)

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

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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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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Sugar Creek Crossing
1 to 2 Bedroom Apartments

Sugar Creek Crossing

211 Joanie LnRobinson, IL 62454
Senior Living
  • Utilities Included
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1900 N Willow Rd
1 to 3 Bedroom Apartments

1900 N Willow Rd

1900 N Willow RdEvansville, IN 47711

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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Ironton at Shoals
Studio to 2 Bedroom Apartments

Ironton at Shoals

11708 Ironton RdShoals, IN 47581
Senior Living
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Elmdale Apartments
1 to 2 Bedroom Apartments

Elmdale Apartments

3924 N Elmdale RdOlney, IL 62450
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Eastland Apartments
1 to 2 Bedroom Apartments

Eastland Apartments

5308 Eden DrEvansville, IN 47715
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West Baden Lofts
2 to 3 Bedroom Apartments

West Baden Lofts

942 N Main StWest Baden Springs, IN 47469
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-28, Page 1 of 1

Monroe City, IN Local Guide

Cheapest Available Monroe City Apartments for Rent and Nearby

 

The cheapest available apartment rental in Monroe City, IN is a 1 Bed unit found at SPRING VALLEY FLATS in the Oakhill neighborhood priced from $599. Fairway Plaza in the Business 41 neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $615. Here is today’s list of the most affordable Monroe City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
SPRING VALLEY FLATSThe Redbud1BR,1BA$599
Fairway Plaza1 Bedroom1BR,1BA$615
Princeton Court1 Bed 1 Bath1BR,1BA$700
Valoré at Hidden HillsThe Pine - One Bedroom Apartment Home1BR,1BA$725
Ironton at Shoals1 Beds, 1 Baths1BR,1BA$745
Southern Meadows Senior Living1 Bed Villa1BR,1BA$795
Park Place Apartments - 55+ CommunityOne Bedroom Unit1BR,1BA$800
North ParkMcCallister1BR,1BA$825
Wabash Riverfront Flats1BR/1.0BA1BR,1BA$825
TERRA TRACEThe Dogwood1BR,1BA$849

Best Value Apartments for Rent in Monroe City, IN and Nearby

As of January 11, 2026 the best value apartment in the Monroe City area is the $1.05 price per square foot 3BR Villa Model at Circle Point Villas in the starting from $1,615. The second greatest value Monroe City apartment is the The Terrace Model at The Reserve Apartments and Townhomes starting at $1,769 with a $1.19 price per square foot in the Lant Manor neighborhood. Here is today’s list of the best values for Monroe City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Circle Point Villas3BR Villa3BR,2BA$1.05
The Reserve Apartments and TownhomesThe Terrace2BR,2.5BA$1.19
Kimber Green ApartmentsThe Pine Townhome3BR,1.5BA$1.18
Apartments@413BR/2.0BA3BR,2BA$1.19
West Baden Lofts3 bedroom3BR,2BA$1.17
Vail Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.09
North ParkMcCallister1BR,1BA$1.10
Fairway Plaza1 Bedroom1BR,1BA$0.88
Southern Meadows Senior Living1 Bed Villa1BR,1BA$1.16
Ironton at Shoals1 Beds, 1 Baths1BR,1BA$1.15

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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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 City, IN Rentals by Map

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See the most popular apartments and homes in Monroe City, IN

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Frequently Asked Questions about Cheap Monroe City Apartments

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

The lowest price for a Cheap One Bedroom Monroe City Apartment is $599 at SPRING VALLEY FLATS.

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

Today's best deal for a Cheap Two Bedroom Apartment in Monroe City is starting from $925 at SPRING VALLEY FLATS.

What is the most affordable Monroe City Three Bedroom Apartment?

The best deal on a cheap Monroe City Three Bedroom Apartment rental is at West Baden Lofts and starts from $1,170.

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 Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!