
Cheap Homes for Rent in Monroe, MI from $699 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Monroe.


3843 Peru St

5046 Northfield Dr

1027 Harrison St

3430 Maple St

423 W Capistrano Ave
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.

1817 Ridgewood Ave

441 E Weber St

247 E Pearl St

25 E Pearl St

3035 N Ontario St

802 Smith St
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.

316 Columbus St
Monroe, MI Local Guide

How much does it cost to rent a home in Monroe?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monroe 2 Bedroom Homes for Rent | $1,297 | $699 | $2,500 |
| Monroe 3 Bedroom Homes for Rent | $1,357 | $950 | $2,500 |
| Monroe 4 Bedroom Homes for Rent | $1,265 | $1,045 | $1,550 |
Browse Top Homes for Rent in Monroe
Explore Monroe
Monroe, MI Local Guide
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Cheapest Neighborhoods for Homes in Monroe, MI
Pricing Updated: 09/21/2026Current rental homes in the Monroe, MI area range in price from $875 to $1,450 with an overall median price of $1,167. Here is today’s list neighborhoods with the lowest median pricing for Monroe Homes for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Monroe | $1,167 | $875 | 2 |
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
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 Monroe
What type of rentals are currently available in Monroe?
There are currently 66 Apartments for Rent in Monroe, MI with pricing that ranges from $700 to $2,300. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monroe ranging from $699 to $2,500.
What is the current price range for Rental Homes in Monroe?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Monroe ranges from $699 to $2,500 with an average monthly rent of $1,284.
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.