
Cheap Homes for Rent in Monroe, CT from $1,400 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Monroe.


66 Church St

43 Balance Rock Rd

388 S Main St

6 Daybreak Ln

63 Heather Ridge
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.

460 Asbury Ridge

4754 Madison Ave

18 Gaylor Dr

15 Indian Hill Ln

5 Saxony Dr

273 Derby Ave
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 a home in Monroe?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monroe 2 Bedroom Homes for Rent | $2,525 | $2,000 | $3,500 |
| Monroe 3 Bedroom Homes for Rent | $4,066 | $2,200 | $5,600 |
| Monroe 4 Bedroom Homes for Rent | $5,612 | $3,000 | $10,000+ |
| Monroe 5 Bedroom Homes for Rent | $4,031 | $3,750 | $4,375 |
Browse Top Homes for Rent in Monroe
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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 Studio unit found at Derby Manor in the Seymour Naugatuck Ansonia neighborhood priced from $1,185. Cedar Village at Carroll's in the Seymour Naugatuck Ansonia neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,455. Here is today’s list of the most affordable Monroe apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Derby Manor | Studio | Studio,1BA | $1,185 |
| Cedar Village at Carroll's | Studio | Studio,1BA | $1,455 |
| Cedar Village at Minerva Square | Studio | Studio,1BA | $1,475 |
| Bella Vista Ventures LLC. | Std | Studio,1BA | $1,495 |
| Simeon Village- AGE RESTRICTED | Studio Unit | Studio,1BA | $1,550 |
Best Value Apartments for Rent in Monroe, CT and Nearby
As of June 23, 2026 the best value apartment in the Monroe area is the $1.71 price per square foot 6368 Main St Model at 6368 Main St, Unit Unit 1 in the in the Lower Long Hill neighborhood starting from $2,400. The second greatest value Monroe apartment is the C Floorplan Model at The Grand at Stony Hill Village starting at $3,327 with a $2.60 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. |
|---|---|---|---|
| 6368 Main St, Unit Unit 1 | 6368 Main St | 2BR,1BA | $1.71 |
| The Grand at Stony Hill Village | C Floorplan | 3BR,2BA | $2.60 |
| 15 Indian Hill Ln, Unit 15 Indian Hill Lane LL | 15 Indian Hill Ln | 1BR,1BA | $1.67 |
| Merion Stratford Apartment Homes | Two Bedroom Two Bath | 2BR,2BA | $2.37 |
| Forest Hills Milford | 43 - 2 Bed, 2 Bath, 1 Den | 2BR,2BA | $2.67 |
| Oxford Commons | Chelsea 3-Bdrm/Affordable | 3BR,2BA | $1.67 |
| Trolley Pointe | Studio, 1 Bathroom | Studio ,1BA | $2.44 |
| Derby Manor | Studio | Studio ,1BA | $1.82 |
| Teresian Towers Independent Senior Living | One Bedroom Apartment | 1BR,1BA | $2.64 |
| 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
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Monroe, CT
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 $5,540. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monroe ranging from $1,400 to $10,000.
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 $1,400 to $10,000 with an average monthly rent of $3,629.
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

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.