
Cheap Homes for Rent in Monroe, IA from $600 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Monroe.


2220 E Walnut St

1117 E 41st St

303 S Madison St

306 Central Dr

3300 E 36th Ct

1901 Searle St

3220 E University Ave

413 Jefferson St
Monroe, IA 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 | $1,327 | $725 | $2,249 |
| Monroe 3 Bedroom Homes for Rent | $1,772 | $1,245 | $2,500 |
| Monroe 4 Bedroom Homes for Rent | $2,083 | $1,525 | $2,395 |
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Monroe, IA Local Guide
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Cheapest Available Monroe Apartments for Rent and Nearby
 The cheapest available apartment rental in Monroe, IA is a 1 Bed unit found at Hunters Run priced from $550. Courtyard Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $650. Here is today’s list of the most affordable Monroe apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hunters Run | A1 | 1BR,1BA | $550 |
| Courtyard Apartments | B1 | 2BR,1BA | $650 |
| Hotel Maytag Apartments | 1 bedroom A | 1BR,1BA | $725 |
Best Value Apartments for Rent in Monroe, IA and Nearby
As of October 26, 2025 the best value apartment in the Monroe area is the $1.05 price per square foot 3BR/2BA Model at Altoona Park Apartments in the in the Altoona Meadows neighborhood starting from $1,150. The second greatest value Monroe apartment is the 3 Bed 2 Bath Model at Woodland Heights starting at $945 with a $0.93 price per square foot . 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. |
|---|---|---|---|
| Altoona Park Apartments | 3BR/2BA | 3BR,2BA | $1.05 |
| Woodland Heights | 3 Bed 2 Bath | 3BR,2BA | $0.93 |
| SUNDANCE NEWTON APARTMENTS | 3 Bedroom 2 Bathroom | 3BR,2BA | $1.02 |
| Walnut Creek Apartments | 2 BD Upgraded | 2BR,1BA | $1.12 |
| Hunters Run | B2 | 2BR,1BA | $0.82 |
| Hotel Maytag Apartments | 1 bedroom A | 1BR,1BA | $0.90 |
| Triple Crown Altoona Cooperative | 2BR | 2BR,1BA | $1.07 |
| Canterbury Park | Two Bedroom-One and One Half Bath | 2BR,1.5BA | $1.11 |
| 409 4th St NE | 2BR 1BA | 2BR,1BA | $1.07 |
| Courtyard Apartments | B1 | 2BR,1BA | $1.00 |
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Frequently Asked Questions about Monroe
What type of rentals are currently available in Monroe?
There are currently 43 Apartments for Rent in Monroe, IA with pricing that ranges from $550 to $2,689. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monroe ranging from $675 to $2,500.
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 $2,500 with an average monthly rent of $1,510.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.