Cheap Apartments for Rent in Monroe, MI from $400 (13 Rentals)

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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.

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Chestnut Hills
Studio to 2 Bedroom Apartments

Chestnut Hills

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

Medallion Manor

741 N Macomb StMonroe, MI 48162
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423 Washington
Studio to 1 Bedroom Apartments

423 Washington

423 Washington StMonroe, MI 48161
  • Utilities Included

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: 10/23/2025

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$1,430$60041

Cheapest Available Monroe Apartments for Rent

 

The cheapest available apartment rental in Monroe, MI is a 1 Bed unit found at Frenchtown Flats in the Arbor Creek neighborhood priced from $695. Legacy at Western Arms in the Arbor Creek neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Monroe apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Frenchtown Flats1 Bed 1 Bath Apt.1BR,1BA$695
Legacy at Western Arms1 Bed, 1 bath1BR,1BA$750
Foxton ApartmentsStudioStudio,1BA$799
Greenwycke CrossingsOne Bedroom One Bathroom1BR,1BA$865
Sterling Pointe1 Bedroom Standard1BR,1BA$900

Best Value Apartments for Rent in Monroe, MI

As of October 24, 2025 the best value apartment in the Monroe area is the $1.00 price per square foot 2BR/1.0BA Model at ONE11 RESIDENCES - MONROE in the in the Arbor Creek neighborhood starting from $1,195. The second greatest value Monroe apartment is the 115 E Elm Ave Model at 115 E Elm Ave, Unit F1 starting at $1,200 with a $1.03 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.
ONE11 RESIDENCES - MONROE2BR/1.0BA2BR,1BA$1.00
115 E Elm Ave, Unit F1115 E Elm Ave2BR,1BA$1.03
Landings at Cedar CreekTwo Bedroom, Two Bathroom (Renovated)2BR,2BA$1.13
Hampton Apartments & TownhomesRanch Series Two Bedroom2BR,2BA$1.32
Custer Estates ApartmentsTwo Bedroom2BR,1BA$1.05
15193 S Dixie Hwy, Unit 215193 S Dixie Hwy2BR,1BA$1.22
Hidden Trail Apartments2x12BR,1BA$1.11
Frenchtown Flats2 Bed 1 Bath Apt.2BR,1BA$0.95
Park West Club1 Bedroom1BR,1BA$1.31
Legacy at Western Arms1 Bed, 1 bath1BR,1BA$1.15

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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.

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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.

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

Explore Monroe, MI Rentals by Map

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Getting Around Monroe, MI

Walk Score®

46 / 100

Car-Dependent

Most errands require a car

Bike Score®

43 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 $695 at Frenchtown Flats.

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

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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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.