
Cheap Apartments for Rent in Monroe, ME from $600 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in Monroe.


Hathaway Creative Center

Bradford Commons

Appleton Apartments

30 Park Dr

Mayo Mill

25 Austin Dr
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.

Summerhaven Apartments

37 Pheasant Hill Trailer Park

30 Exeter Rd

Orchard Park Apartments

Cedarwoods Apartments

Stillwater Village Apartments

62 Main St
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.

347 Ridge Road

6-8 Union St

81 Sweet Fern Dr

Riverview - Maine

23 Clinton Ave

51 Glenwood Dr

1343 Ohio St
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.

6 Osborne St

1337 Hammond St
Monroe, ME Local Guide

How much does it cost to rent an apartment in Monroe?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monroe Studio Apartments | $1,767 | $1,000 | $2,155 |
| Monroe 1 Bedroom Apartments | $1,940 | $850 | $2,750 |
| Monroe 2 Bedroom Apartments | $2,083 | $985 | $4,600 |
| Monroe 3 Bedroom Apartments | $2,232 | $875 | $3,695 |
| Monroe 4 Bedroom Apartments | $732 | $654 | $890 |
Browse Top Apartments in Monroe
See all Apartments in MonroeExplore Monroe
Monroe, ME Local Guide
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Cheapest Available Monroe Apartments for Rent and Nearby
 The cheapest available apartment rental in Monroe, ME is a 1 Bed unit found at Mountain View Apartments priced from $850. Appleton Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. Here is today’s list of the most affordable Monroe apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mountain View Apartments | 1x1 | 1BR,1BA | $850 |
| Appleton Apartments | Studio | Studio,1BA | $1,050 |
| Mayo Mill | 2BR | 2BR,2BA | $1,122 |
| 25 Austin Dr | 60 Ft | 2BR,1BA | $1,145 |
| Riverview - Maine | 1 Bedroom | 1BR,1BA | $1,225 |
Best Value Apartments for Rent in Monroe, ME and Nearby
As of April 11, 2026 the best value apartment in the Monroe area is the $1.15 price per square foot Renovated with Private Patio Model at The Block in the starting from $1,730. The second greatest value Monroe apartment is the 3 Bedroom, 3 Bath Model at The Reserve at Orono starting at $769 with a $0.64 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. |
|---|---|---|---|
| The Block | Renovated with Private Patio | 2BR,1BA | $1.15 |
| The Reserve at Orono | 3 Bedroom, 3 Bath | 3BR,3BA | $0.64 |
| Alfond Village | 2 Bedroom | 2BR,1.5BA | $1.44 |
| Orchard Trails | 4x2 | 4BR,2BA | $0.58 |
| Old County Estates | Apartment | 2BR,1.5BA | $1.54 |
| Mayo Mill | 2BR | 2BR,2BA | $1.06 |
| 7-9 Irene St | Two Bedroom One Bath | 2BR,1BA | $1.55 |
| Rivers Edge | 2 Bedroom 1 Bath | 2BR,1BA | $1.55 |
| 25 Austin Dr | 60 Ft | 2BR,1BA | $1.35 |
| Cedarwoods Apartments | 2 Bedroom (units 9-64) | 2BR,1BA | $1.73 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Monroe, ME Rentals by Map
See the most popular apartments and homes in Monroe, ME
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 Appleton Apartments listed at $1,050.
How much is rent for a Cheap One Bedroom Monroe Apartment?
The lowest price for a Cheap One Bedroom Monroe Apartment is $850 at Mountain View 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 $1,025 at Mountain View Apartments.
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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.