
Cheap Apartments for Rent in Monroe, MI from $700 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in Monroe.


River Raisin Apartments

Hidden Trail Apartments

Hampton Apartments & Townhomes

Foxton Apartments

Garden Court Apartments

Frenchtown Flats

739 Washington St
Book Smarts, Smart Moves: Best Neighborhoods Near Toledo Campuses
Explore the top Toledo neighborhoods for student rentals near major universities, campuses, parks, and hospitals—perfect for every stage of college life.

Greenwycke Crossings

Custer Estates Apartments

Park West Club

802 Smith St

Chestnut Hills

Medallion Manor

Norman Towers

Legacy at Western Arms
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

5046 Northfield Dr

423 Washington

1027 Harrison St

Mable H. Kehres - Income Based 62+ Preference

Oak Forest Townhomes & Apartments

Sterling Pointe Apartments

Meadowbrook Estates

Appleton Ridge
Top Neighborhoods Near Toledo Colleges and Universities
Learn about Toledo and the best places to live with original content written by our Local Expert Catrina Cowart

340 E Lake St

3843 Peru St

3430 Maple St

423 W Capistrano Ave

1817 Ridgewood Ave

441 E Weber St

247 E Pearl St

25 E Pearl St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

3035 N Ontario St

316 Columbus St
Monroe, MI Local Guide

How much does it cost to rent an apartment in Monroe?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monroe Studio Apartments | $898 | $885 | $910 |
| Monroe 1 Bedroom Apartments | $1,016 | $700 | $1,450 |
| Monroe 2 Bedroom Apartments | $1,268 | $975 | $2,300 |
| Monroe 3 Bedroom Apartments | $1,564 | $1,249 | $2,300 |
Browse Top Apartments in Monroe
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Monroe, MI Local Guide
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Cheapest Neighborhoods for Apartments in Monroe, MI
Pricing Updated: 09/21/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Monroe | $1,020 | $700 | 11 |
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Foxton Apartments | 1 Bedroom | Studio, 1BA | $899 |
| Oak Forest Townhomes & Apartments | One Bedroom (A1) The Kent | 1BR, 1BA | $925 |
| Frenchtown Flats | 1 Bed 1 Bath Apt. | 1BR, 1BA | $945 |
| Sterling Pointe Apartments | Security Deposit Waived · 1 Bed / 1 Bath Apartm... | 1BR, 1BA | $950 |
| Hampton Apartments & Townhomes | Ranch Series One Bedroom | 1BR, 1BA | $995 |
| Custer Estates Apartments | Two Bedroom | 2BR, 1BA | $999 |
| Plum Grove | Amber 3 | 1BR, 1BA | $1,200 |
| Greenwycke Crossings | Three Bedroom One and Half Bathroom | 3BR, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Plum Grove | Greensboro | 3BR, 2BA | $1.69 |
| Landings at Cedar Creek | Three Bedroom, Two Bathroom (Renovated) | 3BR, 2BA | $1.10 |
| Custer Estates Apartments | Two Bedroom | 2BR, 1BA | $1.04 |
| Greenwycke Crossings | Three Bedroom One and Half Bathroom | 3BR, 1.5BA | $1.57 |
| Frenchtown Flats | 2 Bed 1 Bath Apt. | 2BR, 1BA | $1.28 |
| Hampton Apartments & Townhomes | Ranch Series One Bedroom | 1BR, 1BA | $1.53 |
| Sterling Pointe Apartments | Security Deposit Waived · 1 Bed / 1 Bath Apartm... | 1BR, 1BA | $1.50 |
| Oak Forest Townhomes & Apartments | One Bedroom (A1) The Kent | 1BR, 1BA | $1.52 |
| 902 N Telegraph Rd, Unit 902 | 902 N Telegraph Rd | 1BR, 1BA | $1.17 |
| Foxton Apartments | 1 Bedroom | Studio, 1BA | $3.12 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
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Read ArticleReal 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.
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.
Best Local Schools in Monroe, MI
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Monroe, MI Rentals by Map
See the most popular apartments and homes in Monroe, MI
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.
Articles, How-To's, and Tips

Book Smarts, Smart Moves: Best Neighborhoods Near Toledo Campuses
Written by: Catrina Cowart
Toledo is home to multiple higher-education institutions, with the University of Toledo topping that list.

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.