
Cheap Homes for Rent in Downtown Monroe Neighborhood of Monroe, MI from $800 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Monroe area of Monroe.


606 W 5th St, Unit Upper Unit of Duplex
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.

783 N Macomb St

714 W 8th St
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.
Downtown Monroe, Monroe, MI Local Guide

How much does it cost to rent a home in Downtown Monroe?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Monroe 2 Bedroom Homes for Rent | $983 | $825 | $1,250 |
Downtown Monroe 4 Bedroom Homes for Rent | $1,900 | $1,900 | $1,900 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Downtown Monroe Neighborhood of Monroe, MI.
Explore Monroe
Downtown Monroe, Monroe, MI Local Guide
- Nearby Monroe neighborhoods
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Best Value Apartments for Rent in Downtown Monroe, MI
As of September 05, 2025 the best value apartment in the Downtown Monroe area is the $1.08 price per square foot 2BR/1.0BA Model at ONE11 RESIDENCES - MONROE in the in the Arbor Creek neighborhood starting from $1,295. The second greatest value Downtown 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 Downtown Monroe apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
ONE11 RESIDENCES - MONROE | 2BR/1.0BA | 2BR,1BA | $1.08 |
115 E Elm Ave, Unit F1 | 115 E Elm Ave | 2BR,1BA | $1.03 |
Frenchtown Flats | 2 Bed 1 Bath Apt. | 2BR,1BA | $1.06 |
Appleton Ridge Apartments | 2B/1.5B | 2BR,1.5BA | $1.14 |
437 N Monroe St, Unit B | 437 N Monroe St | 1BR,1BA | $1.25 |
River Raisin Apartments | One Bedroom | 1BR,1BA | $1.32 |
Hampton Apartments & Townhomes | Ranch Series One Bedroom | 1BR,1BA | $1.50 |
Hidden Trail Apartments | 1x1 | 1BR,1BA | $1.32 |
Sterling Pointe | 1 Bedroom Upgrade | 1BR,1BA | $1.46 |
Oak Forest Townhomes & Apartments | The-Kent | 1BR,1BA | $1.52 |
Quick Rent Budget Calculator
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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 Downtown Monroe
What type of rentals are currently available in Downtown Monroe?
There are currently 57 Apartments for Rent in Downtown Monroe, MI with pricing that ranges from $750 to $1,999. There are also 4 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Monroe ranging from $825 to $1,900.
What is the current price range for Rental Homes in Downtown Monroe?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Monroe ranges from $825 to $1,900 with an average monthly rent of $1,441.
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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.