
Cheap Homes for Rent in Monroe, IN from $500 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Monroe.


202 N Meridian St

1710 Madison St

1410 E Paulding Rd

428 McKinnie Ave
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.

2065 E Lakeside Dr

2813 Chestnut St

5202 Bowser Ave

10737 Old Decatur Rd

3330 Bowser 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.

2532 S Hanna St
Monroe, IN 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 | $953 | $699 | $1,250 |
Monroe 3 Bedroom Homes for Rent | $1,168 | $547 | $2,000 |
Monroe 4 Bedroom Homes for Rent | $1,578 | $1,050 | $2,500 |
Browse Top Homes for Rent in Monroe
Explore Monroe
Monroe, IN Local Guide
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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 $549. 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Emerald Square Apartments & Villas | Studio Hickory Mill | Studio,1BA | $549 |
Villa Capri Apartments | Prato | 1BR,1BA | $620 |
Garrison Flats | 1 Bedroom | 1BR,1BA | $695 |
River Pointe Townhomes | Cozy Corner! Your Perfect 1 Bedroom Apartment!!... | 1BR,1BA | $699 |
Adam & Bruce Senior Housing Apartments | Efficiency | Studio,1BA | $742 |
Best Value Apartments for Rent in Monroe, IN and Nearby
As of October 14, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Coventry Court Townhomes | CLA 3BR/2.5BA Townhome W/Patio | 3BR,2.5BA | $0.90 |
The Village at Wayne Trace Homes | 2 Bedroom | Renovated | 2BR,2BA | $1.22 |
Woodhaven Oaks | St. Joseph | 2BR,1.5BA | $1.23 |
Fairview Court Apartments | 2 BR/1.5 BA | 2BR,1.5BA | $0.95 |
South Bridge Apartments | One Bedroom One Bath Full-Size Washer/Dryer | 1BR,1BA | $1.08 |
Villa Capri Apartments | Prato | 1BR,1BA | $0.86 |
Willow Creek Crossing | The Pullman | 1BR,1BA | $1.15 |
Waynedale Village Apartments | One Bed | 1BR,1BA | $1.17 |
Bluffton Park Apartments | Fire Up the Grill… and This Hot Move-In Offer! | 1BR,1BA | $1.24 |
River Pointe Townhomes | Cozy Corner! Your Perfect 1 Bedroom Apartment!!... | 1BR,1BA | $1.18 |
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Pet Friendly LifestyleMonroe, IN
Ranked #217
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Monroe, IN
Frequently Asked Questions about Monroe
What type of rentals are currently available in Monroe?
There are currently 46 Apartments for Rent in Monroe, IN with pricing that ranges from $549 to $4,494. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monroe ranging from $547 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 $547 to $2,500 with an average monthly rent of $1,200.
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 $849 to $4,494, while Three Bedroom Homes, Condos, and Townhomes for rent range from $547 to $2,000. Four Bedroom Single-Family rentals are also available starting from $1,050 and Four Bedroom Apartments start at $1,099.
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.

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.

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.