Cheap Apartments for Rent in Monroe City, IN from $300 (35 Rentals)

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

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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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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Sugar Creek Crossing
1 to 2 Bedroom Apartments

Sugar Creek Crossing

211 Joanie LnRobinson, IL 62454
Senior Living
  • Utilities Included

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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1900 N Willow Rd
1 to 3 Bedroom Apartments

1900 N Willow Rd

1900 N Willow RdEvansville, IN 47711
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Eastland Apartments
1 to 2 Bedroom Apartments

Eastland Apartments

5308 Eden DrEvansville, IN 47715
  • Utilities Included

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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West Baden Lofts
2 to 3 Bedroom Apartments

West Baden Lofts

942 N Main StWest Baden Springs, IN 47469
  • Utilities Included
Showing Results 1-35, 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 Studio unit found at Cine Senior Apartments priced from $425. SPRING VALLEY FLATS in the Oakhill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $599. Here is today’s list of the most affordable Monroe City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cine Senior ApartmentsEfficiencyStudio,1BA$425
SPRING VALLEY FLATSThe Redbud1BR,1BA$599
Ironton at Shoals1 Beds, 1 Baths1BR,1BA$650
Valoré at Hidden HillsThe Dogwood - One Bedroom Apartment Home1BR,1BA$675
The Timbers ApartmentsThe Oak 1 BR 1 BA1BR,1BA$772
TERRA TRACEThe Dogwood1BR,1BA$799
Woodbridge PlaceThe Dogwood1BR,1BA$799
Elmdale Apartments1 bed 1 bath1BR,1BA$800
North ParkMcCallister1BR,1BA$825
Pavilion Lakes ApartmentsThe Michigan1BR,1BA$899

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

As of April 12, 2026 the best value apartment in the Monroe City area is the $1.16 price per square foot 2BR/2.0BA Model at Apartments@41 in the in the Business 41 neighborhood starting from $1,500. The second greatest value Monroe City apartment is the 2 Bedroom Model at Baldwin Heights starting at $1,175 with a $1.18 price per square foot . 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.
Apartments@412BR/2.0BA2BR,2BA$1.16
Baldwin Heights2 Bedroom2BR,1BA$1.18
Vail Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.09
Bell Pointe ApartmentsOne Bedroom1BR,1BA$1.28
Princeton Court2 Bed 1 Bath2BR,1BA$1.04
Wabash Riverfront Flats2BR/1.0BA2BR,1BA$1.24
North ParkMcCallister1BR,1BA$1.10
Woodbridge PlaceThe Flowering Pink Dogwood1BR,1BA$1.21
Ironton at Shoals1 Beds, 1 Baths1BR,1BA$1.00
Valoré at Hidden HillsThe Pine - One Bedroom Apartment Home1BR,1BA$1.25

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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

What is the Cheapest Studio apartment in Monroe City?

Currently the most affordable Cheap Studio Apartment in Monroe City is at Cine Senior Apartments listed at $425.

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 $700 at Cine Senior Apartments.

What is the most affordable Monroe City Three Bedroom Apartment?

The best deal on a cheap Monroe City Three Bedroom Apartment rental is at Westcott Apartments and starts from $1,499.

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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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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.