
Cheap Homes for Rent in Monroe, CT from $1,700 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Monroe.


18 Gaylor Dr

4754 Madison Ave

418 Howe Ave
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.

106 Balance Rock Rd

22 Dwight St

86 Hidden Knolls Cir

86 Hidden Knolls Cir
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.

715 Frenchtown Rd
Monroe, CT Local Guide

How much does it cost to rent a home in Monroe?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monroe 2 Bedroom Homes for Rent | $3,261 | $1,950 | $8,000 |
| Monroe 3 Bedroom Homes for Rent | $3,804 | $2,000 | $4,500 |
| Monroe 4 Bedroom Homes for Rent | $4,200 | $2,600 | $7,000 |
| Monroe 5 Bedroom Homes for Rent | $4,687 | $4,375 | $5,000 |
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Monroe, CT Local Guide
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Cheapest Available Monroe Apartments for Rent
 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 |
| 158 Main St | Studio | Studio,1BA | $1,500 |
Best Value Apartments for Rent in Monroe, CT
As of August 08, 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 C Floorplan Model at The Grand at Stony Hill Village starting at $3,250 with a $2.54 price per square foot in the Hawleyville 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 Grand at Stony Hill Village | C Floorplan | 3BR,2BA | $2.54 |
| Merion Stratford Apartment Homes | Three Bedroom Two Bath | 3BR,2BA | $2.52 |
| The Royce at Trumbull | The Conway | 2BR,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 |
| Derby Manor | Two Bedroom | 2BR,1BA | $1.94 |
| Trolley Pointe | Studio, 1 Bathroom | Studio ,1BA | $2.44 |
| The Shelton Grove | Willow | Studio ,1BA | $2.47 |
| 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.
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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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Frequently Asked Questions about Monroe
What type of rentals are currently available in Monroe?
There are currently 54 Apartments for Rent in Monroe, CT with pricing that ranges from $995 to $4,200. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monroe ranging from $1,750 to $8,000.
What is the current price range for Rental Homes in Monroe?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Monroe ranges from $1,750 to $8,000 with an average monthly rent of $3,521.
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.

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.

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.