Cheap Apartments for Rent in Monroe, IN from $500 (63 Rentals)

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

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Garrison Flats
Studio to 1 Bedroom Apartments

Garrison Flats

733 W Wayne StFort Wayne, IN 46802
  • Utilities Included
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Fulton Manor
Studio Apartments

Fulton Manor

922 Fulton StFort Wayne, IN 46802
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Jefferson Place Villas
1 to 2 Bedroom Apartments

Jefferson Place Villas

720 Countryside DrOssian, IN 46777
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Rockhill Manor
1 Bedroom Apartments

Rockhill Manor

1010 Rockhill StFort Wayne, IN 46802
Showing Results 1-50, Page 1 of 2

Monroe, IN Local Guide

Cheapest Available Monroe Apartments for Rent and Nearby

 

The cheapest available apartment rental in Monroe, IN is a Studio unit found at Emerald Square Apartments & Villas in the Southeast Fort Wayne neighborhood priced from $569. Villa Capri Apartments in the Continential Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $620. Here is today’s list of the most affordable Monroe apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Emerald Square Apartments & VillasStudio Hickory MillStudio,1BA$569
Villa Capri ApartmentsPrato1BR,1BA$620
River Pointe TownhomesCozy Corner! Your Perfect 1 Bedroom Apartment!!...1BR,1BA$699
Adam & Bruce Senior Housing ApartmentsEfficiencyStudio,1BA$742
Black Pine Flats1BR/1BA Classic1BR,1BA$749
The Meridian (Waterloo Gardens)Premium 1 BED | 1 BATH1BR,1BA$755
Waynedale Village ApartmentsOne Bed1BR,1BA$759
Jackson Manor ApartmentsOne Bedroom1BR,1BA$765
Hickory Creek1 Bedroom Flat1BR,1BA$779
Willow Creek CrossingThe Pullman1BR,1BA$785

Best Value Apartments for Rent in Monroe, IN and Nearby

As of October 25, 2025 the best value apartment in the Monroe area is the $0.90 price per square foot CLA 3BR/2.5BA Townhome W/Patio Model at Coventry Court Townhomes in the in the Southwest Fort Wayne neighborhood starting from $1,399. The second greatest value Monroe apartment is the 2 Bedroom | Renovated Model at The Village at Wayne Trace Homes starting at $1,625 with a $1.22 price per square foot in the Southeast Fort Wayne 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.
Coventry Court TownhomesCLA 3BR/2.5BA Townhome W/Patio3BR,2.5BA$0.90
The Village at Wayne Trace Homes2 Bedroom | Renovated2BR,2BA$1.22
Woodhaven OaksSt. Joseph2BR,1.5BA$1.23
Fairview Court Apartments2 BR/1.5 BA2BR,1.5BA$0.95
Port O'Call ApartmentsVilla2BR,1.5BA$1.04
South Bridge ApartmentsOne Bedroom One Bath Full-Size Washer/Dryer1BR,1BA$1.08
Villa Capri ApartmentsPrato1BR,1BA$0.86
Willow Creek CrossingThe Pullman1BR,1BA$1.15
Waynedale Village ApartmentsOne Bed1BR,1BA$1.17
River Pointe TownhomesCozy Corner! Your Perfect 1 Bedroom Apartment!!...1BR,1BA$1.18

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Pet Friendly Lifestyle
Monroe, IN

Ranked #217

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Monroe, IN Rentals by Map

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See the most popular apartments and homes in Monroe, IN

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Getting Around Monroe, IN

Walk Score®

8 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

28 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 Emerald Square Apartments & Villas listed at $569.

How much is rent for a Cheap One Bedroom Monroe Apartment?

The lowest price for a Cheap One Bedroom Monroe Apartment is $620 at Villa Capri Apartments.

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 $739 at Villa Capri Apartments.

What is the most affordable Monroe Three Bedroom Apartment?

The best deal on a cheap Monroe Three Bedroom Apartment rental is at River Pointe Townhomes and starts from $849.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.