Cheap Apartments for Rent in Monroe, MI from $400 (11 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Chestnut Hills
Studio to 2 Bedroom Apartments

Chestnut Hills

2840 N Monroe StMonroe, MI 48162
  • Utilities Included
close
View Me
Medallion Manor
1 to 2 Bedroom Apartments

Medallion Manor

741 N Macomb StMonroe, MI 48162
close
View Me
Norman Towers
1 to 2 Bedroom Apartments

Norman Towers

810 W Elm AveMonroe, MI 48162
Senior Living
  • Utilities Included

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.

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.

Monroe, MI Local Guide

Cheapest Neighborhoods for Apartments in Monroe, MI

Pricing Updated: 02/05/2026

Current apartment rentals in the Monroe, MI area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Monroe Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Monroe$1,367$78924

Cheapest Available Monroe Apartments for Rent and Nearby

 

The cheapest available apartment rental in Monroe, MI is a 1 Bed unit found at Washington Apartments in the Arbor Creek neighborhood priced from $773. Foxton Apartments in the Arbor Creek neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $789. Here is today’s list of the most affordable Monroe apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Washington Apartments1B/1B1BR,1BA$773
Foxton ApartmentsStudioStudio,1BA$789
Frenchtown Flats2 Bed 1 Bath Apt.2BR,1BA$810
Hampton Apartments & TownhomesGarden Series One Bedroom1BR,1BA$850
Greenwycke CrossingsOne Bedroom One Bathroom1BR,1BA$880

Best Value Apartments for Rent in Monroe, MI and Nearby

As of February 06, 2026 the best value apartment in the Monroe area is the $0.98 price per square foot Three Bedroom, Two Bathroom (Renovated) Model at Landings at Cedar Creek in the in the Arbor Creek neighborhood starting from $1,299. The second greatest value Monroe apartment is the 2BD | 1BTH Model at ONE11 RESIDENCES - MONROE starting at $1,195 with a $1.00 price per square foot in the Arbor Creek 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.
Landings at Cedar CreekThree Bedroom, Two Bathroom (Renovated)3BR,2BA$0.98
ONE11 RESIDENCES - MONROE2BD | 1BTH2BR,1BA$1.00
229 W 5th St, Unit apartment 1229 W 5th St3BR,1BA$1.15
Custer Estates ApartmentsTwo Bedroom2BR,1BA$1.05
Park West Club2 Bedroom2BR,2BA$1.52
Hidden Trail Apartments2x12BR,1BA$1.11
Frenchtown Flats2 Bed 1 Bath Apt.2BR,1BA$0.95
Sterling Pointe1 Bedroom Standard1BR,1BA$1.50
Oak Forest Townhomes & ApartmentsOne Bedroom (A1) The Kent1BR,1BA$1.52
Washington Apartments1B/1B1BR,1BA$1.28

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 Article
Decorative image

The 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 Article
Decorative image

Cash 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 Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

Explore Monroe, MI Rentals by Map

View Map
Monroe, MI Apartments Map
View Map
Monroe, MI Rental Homes Map

Frequently Asked Questions about Cheap Monroe Apartments

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

The lowest price for a Cheap One Bedroom Monroe Apartment is $773 at Washington 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 $810 at Frenchtown Flats.

What is the most affordable Monroe Three Bedroom Apartment?

The best deal on a cheap Monroe Three Bedroom Apartment rental is at Oak Forest Townhomes & Apartments and starts from $1,149.

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

decorative image for A Local Experts Guide to the Best Affordable Neighborhoods in Toledo, OH  article

A Local Experts Guide to the Best Affordable Neighborhoods in Toledo, OH

Written by: Catrina Cowart

Hello! I'm Catrina, your ApartmentHomeLiving.com Local Expert for Toledo, Ohio, and I'm ready to tell you all about the great neighborhoods you can be a part of in this multicultural city.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.