Cheap Homes for Rent in Monroe, IA from $600 (11 Rentals)

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

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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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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Monroe, IA Local Guide

Cheapest Available Monroe Apartments for Rent and Nearby

 

The cheapest available apartment rental in Monroe, IA is a 2 Beds unit found at Hunters Run priced from $695. Hotel Maytag Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here is today’s list of the most affordable Monroe apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hunters RunB22BR,1BA$695
Hotel Maytag ApartmentsStudio1BR,1BA$725
Scotchview Manor Apartments1 BR - 30% Gross Income1BR,1BA$794
Woodland Heights2 Bed 1 Bath2BR,1BA$795
SUNDANCE NEWTON APARTMENTS2 Bedroom 2 Bathroom2BR,2BA$805

Best Value Apartments for Rent in Monroe, IA and Nearby

As of August 03, 2025 the best value apartment in the Monroe area is the $1.19 price per square foot C1 - Income Restricted Model at Danamere Village in the in the Danamere Farms neighborhood starting from $1,547. The second greatest value Monroe apartment is the 2 Bedroom 2 Bath Partial Remodel Model at Boulder Ridge Apartments and Townhomes starting at $1,275 with a $1.01 price per square foot in the Golf View Heights neighborhood. Here is today’s list of the best values for Monroe apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Danamere VillageC1 - Income Restricted3BR,2BA$1.19
Boulder Ridge Apartments and Townhomes2 Bedroom 2 Bath Partial Remodel2BR,2BA$1.01
Ironwood2x2 Birch2BR,2BA$1.15
Altoona Park Apartments3BR/2BA3BR,2BA$1.05
SUNDANCE NEWTON APARTMENTS3 Bedroom 2 Bathroom3BR,2BA$1.02
Walnut Creek Apartments2 BD Upgraded2BR,1BA$1.12
Hunters RunB22BR,1BA$0.82
Woodland Heights2 Bed 1 Bath2BR,1BA$1.00
Centennial Place Apartments2BR/1BA2BR,1BA$1.14
Newton Park Apartments2BR - 30% Gross Income2BR,1BA$1.20

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Frequently Asked Questions about Monroe

What type of rentals are currently available in Monroe?

There are currently 42 Apartments for Rent in Monroe, IA with pricing that ranges from $685 to $2,993. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monroe ranging from $675 to $3,500.

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 $675 to $3,500 with an average monthly rent of $1,726.

How much are larger Three and Four Bedroom Rentals in Monroe?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Monroe range from $759 to $2,649, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,245 and Four Bedroom Apartments start at $1,421.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.