
Cheap Apartments for Rent near Monroe, CT from $995 (51 Rentals)
Search the lowest-cost Apartments available for rent right now in Monroe.


Derby Manor

Crescent Crossing

Beaver Brook Apartments Ansonia

502 on Howe

Cedar Village at Carroll's

Cedar Village at Minerva Square

158 Main St

Bella Vista Ventures LLC.

Total Monthly Price
Simeon Village
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.

Forest Hills Milford

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Brookside Gardens

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Bridge Street Commons

92 Huntingtown Rd

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The Shelton Grove

Cedar Village at the Locks

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Lynn Apartments

Oasis

The Ridge at Sawmill

6368 Main St
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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113 Canal St W

THE GRAND AT BETHEL

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Oxford Commons

Merion Riverwalk Apartment Homes

The Grand at Stony Hill Village

Residences at the Kestrel

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19 Sanford Ave, Unit In-law

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The Royce at Trumbull

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Avanti

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Ten Trumbull
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.

The Renaissance

Merion Stratford Apartment Homes

Taunton Residences at Deep Brook

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Covered Bridge

The Residences at Main

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Woodside Trumbull

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The Mews at Sandy Hook

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The Mark | Fairfield County

Muse Milford

14 Meadow St, Unit Apt. 2
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.

60-62 Hawkins St

Trolley Pointe

4754 Madison Ave

418 Howe Ave

22 Dwight St

13 Santangelo Terrace

56 Wakelee Ave

Clocktower of Shelton

15 Indian Hill Ln

The Residences at the Hawley
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, CT Local Guide

How much does it cost to rent an apartment in Monroe?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monroe Studio Apartments | $1,850 | $995 | $2,900 |
| Monroe 1 Bedroom Apartments | $2,390 | $1,295 | $3,994 |
| Monroe 2 Bedroom Apartments | $3,079 | $1,425 | $4,200 |
| Monroe 3 Bedroom Apartments | $3,308 | $2,075 | $4,118 |
Browse Top Apartments in Monroe
See all Apartments in MonroeExplore Monroe
Monroe, CT Local Guide
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Cheapest Available Monroe Apartments for Rent and Nearby
 The cheapest available apartment rental in Monroe, CT is a 1 Bed unit found at Derby Manor in the Seymour Naugatuck Ansonia neighborhood priced from $1,295. Cedar Village at Minerva Square in the Seymour Naugatuck Ansonia neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,475. Here is today’s list of the most affordable Monroe apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Derby Manor | One Bedroom | 1BR,1BA | $1,295 |
| Cedar Village at Minerva Square | Studio | Studio,1BA | $1,475 |
| Bella Vista Ventures LLC. | Std-LG | Studio,1BA | $1,525 |
| Simeon Village | Studio Unit | Studio,1BA | $1,550 |
| Brookside Gardens | Upgraded Studio | Studio,1BA | $1,610 |
| The Shelton Grove | Willow | Studio,1BA | $1,657 |
| Cedar Village at the Locks | Studio Red | Studio,1BA | $1,695 |
| Teresian Towers Independent Senior Living | One Bedroom Apartment | 1BR,1BA | $1,700 |
| Lynn Apartments | Classic Studio | Goldenrod | Studio,1BA | $1,710 |
| Oasis | Studio | Studio,1BA | $1,750 |
Best Value Apartments for Rent in Monroe, CT and Nearby
As of August 26, 2026 the best value apartment in the Monroe area is the $1.67 price per square foot 21 Newton Ln Model at 21 Newton Ln, Unit Lower Level in the in the Daniels Farm neighborhood starting from $3,000. The second greatest value Monroe apartment is the The Gillette Model at The Royce at Trumbull starting at $3,260 with a $2.51 price per square foot in the Lower Long Hill neighborhood. Here is today’s list of the best values for Monroe apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 21 Newton Ln, Unit Lower Level | 21 Newton Ln | 2BR,1BA | $1.67 |
| The Royce at Trumbull | The Gillette | 3BR,2BA | $2.51 |
| The Grand at Stony Hill Village | C Floorplan | 3BR,2BA | $2.55 |
| THE GRAND AT BETHEL | Canterbury | 3BR,2BA | $2.50 |
| Cedar Village at Carroll's | 2 Bedroom | 2BR,1BA | $2.02 |
| Oxford Commons | Chelsea 3-Bdrm/2-Bath | 3BR,2BA | $1.84 |
| 19 Sanford Ave, Unit In-law | 19 Sanford Ave | 2BR,1BA | $2.44 |
| Derby Manor | Two Bedroom | 2BR,1BA | $1.94 |
| Bella Vista Ventures LLC. | Std-LG | Studio ,1BA | $2.34 |
| Cedar Village at Minerva Square | Studio | Studio ,1BA | $2.56 |
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.
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Best Local Schools in Monroe, CT
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Monroe, CT Rentals by Map
See the most popular apartments and homes in Monroe, CT
Frequently Asked Questions about Cheap Monroe Apartments
What is the Cheapest Studio apartment in Monroe?
Currently the most affordable Cheap Studio Apartment in Monroe is at Cedar Village at Minerva Square listed at $1,475.
How much is rent for a Cheap One Bedroom Monroe Apartment?
The lowest price for a Cheap One Bedroom Monroe Apartment is $1,295 at Derby Manor.
What is the lowest price for a Cheap Two Bedroom Monroe Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Monroe is starting from $1,645 at Derby Manor.
What is the most affordable Monroe Three Bedroom Apartment?
The best deal on a cheap Monroe Three Bedroom Apartment rental is at Oxford Commons and starts from $2,075.
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.

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.

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.

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.