Cheap Homes for Rent in Monroe, LA from $400 (29 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 Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Monroe, LA Local Guide

Cheapest Available Monroe Apartments for Rent

 

The cheapest available apartment rental in Monroe, LA is a 1 Bed unit found at Country Club Apartments priced from $600. Park Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. Here is today’s list of the most affordable Monroe apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Country Club ApartmentsOne Bedroom1BR,1BA$600
Park Place Apartments1 Bedroom1BR,1BA$625
Contempo Apartments1 Bedroom @ 663 SF1BR,1BA$650
Belle BayouOne Bedroom1BR,1BA$650
Shadow Wood Apartments1 Bedroom 1 Bathroom1BR,1BA$695
Westchester SquareSm 1 Bed1BR,1BA$700
Parkwest Apartments2 bedroom2BR,1BA$700
Creel PropertiesSTADIUM1BR,1BA$705
Town & Country Apartment HomesOne Bedroom/One Bath1BR,1BA$730

Best Value Apartments for Rent in Monroe, LA

As of June 16, 2025 the best value apartment in the Monroe area is the $0.74 price per square foot 2 bedroom townhome Model at Churchill Townhouses Apartments in the starting from $925. The second greatest value Monroe apartment is the 2 bed Model at Morrison Place starting at $1,200 with a $1.03 price per square foot . 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.
Churchill Townhouses Apartments2 bedroom townhome2BR,2BA$0.74
Morrison Place2 bed2BR,2BA$1.03
Parkwest Apartments2 bedroom2BR,1.5BA$0.64
Van MarkB12BR,2BA$0.92
Frances Place Apartments2 BR/2 BA2BR,2BA$0.84
Bayou Park Apartments2 Bedroom2BR,1BA$0.82
Town & Country Apartment HomesThree Bedroom / One and a half Bath3BR,1.5BA$0.93
Parkwood Townhomes and ApartmentsApartments2BR,1BA$0.80
Shadow Wood Apartments1 Bedroom 1 Bathroom1BR,1BA$0.95
101 Willett Pl Blvd, Unit 104101 Willett Pl Blvd1BR,1BA$1.00

Quick 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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Frequently Asked Questions about Monroe

What type of rentals are currently available in Monroe?

There are currently 113 Apartments for Rent in Monroe, LA with pricing that ranges from $595 to $4,000. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monroe ranging from $250 to $2,400.

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 $250 to $2,400 with an average monthly rent of $977.

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 $932 to $2,115, while Three Bedroom Homes, Condos, and Townhomes for rent range from $650 to $2,300. Four Bedroom Single-Family rentals are also available starting from $535 and Four Bedroom Apartments start at $1,750.

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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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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.