
Cheap Homes for Rent in Monroe, LA from $395 (28 Rentals)
Search the lowest-cost Homes available for rent right now in Monroe.


2203 S Grand St

201 McKaskle St

1701 S 6th St

1008 S 3rd St

307 Morton

1002 S 5th St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

2605 Lee Ave

103 Tennessee St

212 Lazarre Ave

300 Woodale Dr

105 Prune St

2807 Georgia St

1006 Killoden Dr
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

613 Montgomery Ave

806 Lazarre Ave

719 Wilson St

403 Gulpha Dr

604 S 7th St

911 S 3rd St

112 Linderman Ave
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

2707 Gordon Ave

106 Glenwood Dr

1510 S 5th St

1625 S 6th St

133 Jennifer Ln

510 Finks Hideaway Rd, Unit 154

2231 LA-134
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
Monroe, LA 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 | $1,193 | $550 | $3,000 |
| Monroe 3 Bedroom Homes for Rent | $1,703 | $525 | $3,395 |
| Monroe 4 Bedroom Homes for Rent | $2,165 | $795 | $4,000 |
Browse Top Homes for Rent in Monroe
Explore Monroe
Monroe, LA Local Guide
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Best Value Homes for Rent in Monroe, LA
As of September 16, 2026 the best value rental home in the Monroe area is the $1.04 price per square foot 2102 Elmwood Dr Model at 2102 Elmwood Dr starting from $2,950. The second greatest value Monroe rental home is the 516 Pine Hills Dr Model at 516 Pine Hills Dr starting at $3,250 with a $1.81 price per square foot. Here is today’s list of the best values for Monroe homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2102 Elmwood Dr | 2102 Elmwood Dr | 4BR, 2.5BA | $1.04 |
| 516 Pine Hills Dr | 516 Pine Hills Dr | 3BR, 2BA | $1.81 |
| 305 Grant Dr | 305 Grant Dr | 3BR, 1.5BA | $1.30 |
| 1510 S 5th St | 1510 S 5th St | 4BR, 1BA | $0.75 |
| 227 Duncan Cir | 227 Duncan Cir | 3BR, 1BA | $1.25 |
| 103 Tennessee St | 103 Tennessee St | 2BR, 1BA | $0.57 |
| 307 Morton | 307 Morton | 2BR, 1BA | $0.63 |
| 1006 Killoden Dr | 1006 Killoden Dr | 2BR, 1.5BA | $1.07 |
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.
Read ArticleNavigating 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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Best Local Schools in Monroe, LA
Sallie Humble Elementary School
Robert E. Lee Junior High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Monroe, LA Rentals by Map
See the most popular apartments and homes in Monroe, LA
Frequently Asked Questions about Monroe
What type of rentals are currently available in Monroe?
There are currently 123 Apartments for Rent in Monroe, LA with pricing that ranges from $472 to $3,500. There are also 64 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monroe ranging from $395 to $4,000.
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 $395 to $4,000 with an average monthly rent of $1,524.
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 $650 to $3,266, while Three Bedroom Homes, Condos, and Townhomes for rent range from $525 to $3,395. Four Bedroom Single-Family rentals are also available starting from $795 and Four Bedroom Apartments start at $975.
Expert Rental Resources
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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.