Cheap Apartments for Rent in Monroe, MI from $700 (34 Rentals)

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

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property at 802 Smith St
$1,085

Total Monthly Price

Base Rent$1,085

Total Monthly Price$1,085
2 Bedroom, 1 Bath Townhome for Rent
Available Oct 1
Cost Per Sq.Ft.

802 Smith St

MonroeMI48161
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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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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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Sterling Pointe Apartments
1 to 2 Bedroom Apartments

Sterling Pointe Apartments

1166 N Macomb StMonroe, MI 48162
Corporate Housing
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Meadowbrook Estates
2 to 4 Bedroom Apartments

Meadowbrook Estates

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

Appleton Ridge

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

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Monroe, MI Local Guide

Cheapest Neighborhoods for Apartments in Monroe, MI

Pricing Updated: 09/21/2026

Current apartment rentals in the Monroe, MI area range in price from $700 to $2,025 with an overall median price of $1,020. Here is today’s list neighborhoods with the lowest median pricing for Monroe Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Monroe$1,020$70011

Cheapest Available Monroe Apartments for Rent and Nearby

 

The cheapest available apartment rental in Monroe, MI is a Studio unit found at Foxton Apartments in the Monroe neighborhood priced from $899. Oak Forest Townhomes & Apartments in the Monroe neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here is today’s list of the most affordable Monroe apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Foxton Apartments1 BedroomStudio, 1BA$899
Oak Forest Townhomes & ApartmentsOne Bedroom (A1) The Kent1BR, 1BA$925
Frenchtown Flats1 Bed 1 Bath Apt.1BR, 1BA$945
Sterling Pointe ApartmentsSecurity Deposit Waived · 1 Bed / 1 Bath Apartm...1BR, 1BA$950
Hampton Apartments & TownhomesRanch Series One Bedroom1BR, 1BA$995
Custer Estates ApartmentsTwo Bedroom2BR, 1BA$999
Plum GroveAmber 31BR, 1BA$1,200
Greenwycke CrossingsThree Bedroom One and Half Bathroom3BR, 1BA$1,345

Best Value Apartments for Rent in Monroe, MI and Nearby

As of September 22, 2026 the best value apartment in the Monroe area is the $1.69 price per square foot Greensboro Model at Plum Grove in the Monroe neighborhood starting from $2,300. The second greatest value Monroe apartment is the Three Bedroom, Two Bathroom (Renovated) Model at Landings at Cedar Creek in the Monroe neighborhood starting at $1,449 with a $1.10 price per square foot. 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.
Plum GroveGreensboro3BR, 2BA$1.69
Landings at Cedar CreekThree Bedroom, Two Bathroom (Renovated)3BR, 2BA$1.10
Custer Estates ApartmentsTwo Bedroom2BR, 1BA$1.04
Greenwycke CrossingsThree Bedroom One and Half Bathroom3BR, 1.5BA$1.57
Frenchtown Flats2 Bed 1 Bath Apt.2BR, 1BA$1.28
Hampton Apartments & TownhomesRanch Series One Bedroom1BR, 1BA$1.53
Sterling Pointe ApartmentsSecurity Deposit Waived · 1 Bed / 1 Bath Apartm...1BR, 1BA$1.50
Oak Forest Townhomes & ApartmentsOne Bedroom (A1) The Kent1BR, 1BA$1.52
902 N Telegraph Rd, Unit 902902 N Telegraph Rd1BR, 1BA$1.17
Foxton Apartments1 BedroomStudio, 1BA$3.12

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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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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 $925 at Oak Forest Townhomes & 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 $999 at Custer Estates Apartments.

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.

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