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$700
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1 Bedroom Apartment Available NowTotal Monthly Price
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$700
Total Monthly Price
$700
902 N Telegraph Rd, Unit 902
902 N Telegraph RdMonroe, MI 48162
Cheap Apartments for Rent in the Downtown Monroe Neighborhood of Monroe, MI from $500 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Monroe area of Monroe.
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$799Studio Apartments Contact Us For Availability
Foxton Apartments
1329 Foxton DrMonroe, MI 48162
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$850 - $1,2001 to 2 Bedroom Apartments Contact Us For Availability
Sterling Pointe
1166 N Macomb StMonroe, MI 48162
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$875 - $1,0951 to 2 Bedroom Apartments Contact Us For Availability
Hidden Trail Apartments
1513 Stewart RdMonroe, MI 48162
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$875 - $9751 Bedroom Apartments Available Jul 13
River Raisin Apartments
1646 W Lorain StMonroe, MI 48162
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$885 - $2,025Studio to 3 Bedroom Apartments Available Now
Hampton Apartments & Townhomes
1318 Frank DrMonroe, MI 48162
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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$895 - $1,1451 to 2 Bedroom Apartments Available Now
Frenchtown Flats
725 Washington StMonroe, MI 48161
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$900
Total Monthly Price
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$900
Total Monthly Price
$900
17 W 1st St, Unit 17-3
17 W 1st StMonroe, MI 48161
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1 to 2 Bedroom Apartments
Medallion Manor
741 N Macomb StMonroe, MI 48162
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1 to 2 Bedroom Apartments
Norman Towers
810 W Elm AveMonroe, MI 48162
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1 to 2 Bedroom Apartments
Legacy at Western Arms
830 Western AveMonroe, MI 48161
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Studio to 1 Bedroom Apartments
423 Washington
423 Washington StMonroe, MI 48161
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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1 to 2 Bedroom Apartments
Mable H. Kehres - Income Based 62+ Preference
15275 S Dixie HwyMonroe, MI 48161
Showing Results 1-13, Page 1 of 1
Downtown Monroe, Monroe, MI Local Guide
How much does it cost to rent an apartment in Downtown Monroe?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Monroe Studio Apartments | $876 | $799 | $910 |
| Downtown Monroe 1 Bedroom Apartments | $902 | $700 | $1,045 |
| Downtown Monroe 2 Bedroom Apartments | $1,114 | $940 | $1,875 |
| Downtown Monroe 3 Bedroom Apartments | $1,473 | $1,149 | $2,025 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Downtown Monroe Neighborhood of Monroe, MI.
See all Apartments in MonroeExplore Monroe
Downtown Monroe, Monroe, MI Local Guide
- Nearby Monroe neighborhoods
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Cheapest Available Downtown Monroe Apartments for Rent
The cheapest available apartment rental in the Downtown Monroe area of Monroe, MI is a 1 Bed unit found at Sterling Pointe priced from $850. Hampton Apartments & Townhomes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $885. Here are the most affordable Downtown Monroe apartments for rent in Monroe, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sterling Pointe | 1 Bedroom Standard | 1BR,1BA | $850 |
| Hampton Apartments & Townhomes | Ranch Series Studio | 1BR,1BA | $885 |
| Garden Court Apartments | Studio (Renovated) | Studio,1BA | $910 |
| Oak Forest Townhomes & Apartments | One Bedroom (A1) The Kent | 1BR,1BA | $925 |
| Frenchtown Flats | 2 Bed 1 Bath Apt. | 2BR,1BA | $940 |
Best Value Apartments for Rent in Downtown Monroe, MI
As of June 22, 2026 the best value apartment in the Downtown 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 Downtown Monroe apartment is the Three Bedroom One and Half Bathroom Model at Greenwycke Crossings starting at $1,275 with a $1.49 price per square foot in the Downtown Monroe neighborhood. Here is today’s list of the best values for Downtown Monroe apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 17 E 2nd St, Unit 17 E Second St | 17 E 2nd St | 2BR,2BA | $0.52 |
| Greenwycke Crossings | Three Bedroom One and Half Bathroom | 3BR,1.5BA | $1.49 |
| Frenchtown Flats | 2 Bed 2 Bath Apt. | 2BR,2BA | $1.17 |
| Sterling Pointe | 1 Bedroom Upgrade | 1BR,1BA | $1.46 |
| 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 |
| 17 W 1st St, Unit 17-3 | 17 W 1st St | 1BR,1BA | $1.50 |
| Hampton Apartments & Townhomes | Ranch Series Studio | Studio ,1BA | $2.21 |
| Garden Court Apartments | Studio (Renovated) | Studio ,1BA | $3.16 |
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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Pet Friendly LifestyleDowntown Monroe, Monroe, MI
Ranked #2
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Downtown Monroe Apartments
How much is rent for a Cheap One Bedroom Downtown Monroe Apartment?
The lowest price for a Cheap One Bedroom Downtown Monroe Apartment is $850 at Sterling Pointe.
What is the lowest price for a Cheap Two Bedroom Downtown Monroe Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Monroe is starting from $940 at Frenchtown Flats.
What is the most affordable Downtown Monroe Three Bedroom Apartment?
The best deal on a cheap Downtown 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
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.
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.
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.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.