Cheap Apartments for Rent in Monroe, MI from $400 (33 Rentals)

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17 W 1st St, Unit 17-3
$900
Total Monthly Price

Total Monthly Price

Base Rent
$900
Total Monthly Price
$900
1 Bedroom Apartment Available Now

17 W 1st St, Unit 17-3

17 W 1st StMonroe, MI 48161
Furnished
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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.

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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

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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Norman Towers
1 to 2 Bedroom Apartments

Norman Towers

810 W Elm AveMonroe, MI 48162
Senior Living
  • Utilities Included
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423 Washington
Studio to 1 Bedroom Apartments

423 Washington

423 Washington StMonroe, MI 48161
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Meadowbrook Estates
2 to 4 Bedroom Apartments

Meadowbrook Estates

1250 Strandwyck DrMonroe, MI 48161
  • Utilities Included
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Appleton Ridge
1 to 2 Bedroom Apartments

Appleton Ridge

620-628 John Anderson CtMonroe, MI 48162
  • Utilities Included

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.

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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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Showing Results 1-33, Page 1 of 1

Monroe, MI Local Guide

Cheapest Neighborhoods for Apartments in Monroe, MI

Pricing Updated: 06/21/2026

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$1,372$70020

Cheapest Available Monroe Apartments for Rent and Nearby

 

The cheapest available apartment rental in Monroe, MI is a 1 Bed unit found at Sterling Pointe in the Arbor Creek neighborhood priced from $850. Hampton Apartments & Townhomes in the Arbor Creek neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $885. Here is today’s list of the most affordable Monroe apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Sterling Pointe1 Bedroom Standard1BR,1BA$850
Hampton Apartments & TownhomesRanch Series Studio1BR,1BA$885
Garden Court ApartmentsStudio (Renovated)Studio,1BA$910
Oak Forest Townhomes & ApartmentsOne Bedroom (A1) The Kent1BR,1BA$925
Frenchtown Flats2 Bed 1 Bath Apt.2BR,1BA$940
Custer Estates ApartmentsTwo Bedroom2BR,1BA$1,114
Plum GroveAmber 31BR,1BA$1,200
Park West Club2 Bedroom2BR,2BA$1,200

Best Value Apartments for Rent in Monroe, MI and Nearby

As of June 22, 2026 the best value apartment in the Monroe area is the $0.52 price per square foot 17 E 2nd St Model at 17 E 2nd St, Unit 17 E Second St in the in the Arbor Creek neighborhood starting from $1,300. The second greatest value Monroe apartment is the Two Bedroom, Two Bathroom (Renovated) Model at Landings at Cedar Creek starting at $1,299 with a $1.17 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.
17 E 2nd St, Unit 17 E Second St17 E 2nd St2BR,2BA$0.52
Landings at Cedar CreekTwo Bedroom, Two Bathroom (Renovated)2BR,2BA$1.17
Custer Estates ApartmentsTwo Bedroom2BR,1BA$1.16
Park West Club2 Bedroom2BR,2BA$1.26
Greenwycke CrossingsThree Bedroom One and Half Bathroom3BR,1.5BA$1.49
Frenchtown Flats2 Bed 2 Bath Apt.2BR,2BA$1.17
Sterling Pointe1 Bedroom Upgrade1BR,1BA$1.46
Oak Forest Townhomes & ApartmentsOne Bedroom (A1) The Kent1BR,1BA$1.52
902 N Telegraph Rd, Unit 902902 N Telegraph Rd1BR,1BA$1.17
17 W 1st St, Unit 17-317 W 1st St1BR,1BA$1.50

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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Real 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.

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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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Monroe, MI

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Remember the 3 Rules of Real Estate:
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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 $850 at Sterling Pointe.

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 $940 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

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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 Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.