Cheap Homes for Rent in Monroe, MI from $600 (12 Rentals)

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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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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.

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Monroe, MI Local Guide

Cheapest Neighborhoods for Apartments in Monroe, MI

Pricing Updated: 12/12/2025

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

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Monroe$1,397$73036

Cheapest Available Monroe Apartments for Rent and Nearby

 

The cheapest available apartment rental in Monroe, MI is a 1 Bed unit found at Frenchtown Flats in the Arbor Creek neighborhood priced from $695. Legacy at Western Arms in the Arbor Creek neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Monroe apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Frenchtown Flats1 Bed 1 Bath Apt.1BR,1BA$695
Legacy at Western Arms1 Bed, 1 bath1BR,1BA$750
Foxton ApartmentsStudioStudio,1BA$799
Hampton Apartments & TownhomesGarden Series One Bedroom1BR,1BA$850
River Raisin ApartmentsOne Bedroom1BR,1BA$875

Best Value Apartments for Rent in Monroe, MI and Nearby

As of December 12, 2025 the best value apartment in the Monroe area is the $1.69 price per square foot Greensboro Model at Plum Grove in the starting from $2,300. The second greatest value Monroe apartment is the Three Bedroom, Two Bathroom (Renovated) Model at Landings at Cedar Creek starting at $1,299 with a $0.98 price per square foot in the Arbor Creek neighborhood. 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$0.98
115 E Elm Ave, Unit F1115 E Elm Ave2BR,1BA$1.03
Custer Estates ApartmentsTwo Bedroom2BR,1BA$1.05
ONE11 RESIDENCES - MONROE1BD | 1BTH1BR,1BA$1.19
Hidden Trail Apartments2x12BR,1BA$1.11
Frenchtown Flats2 Bed 1 Bath Apt.2BR,1BA$0.95
Legacy at Western Arms1 Bed, 1 bath1BR,1BA$1.15
Sterling Pointe1 Bedroom Upgrade1BR,1BA$1.50
Oak Forest Townhomes & ApartmentsThe-Kent1BR,1BA$1.52

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Best Local Schools in
Monroe, MI

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Monroe, MI Rentals by Map

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Frequently Asked Questions about Monroe

What type of rentals are currently available in Monroe?

There are currently 65 Apartments for Rent in Monroe, MI with pricing that ranges from $730 to $2,300. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monroe ranging from $650 to $2,800.

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 $650 to $2,800 with an average monthly rent of $1,612.

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

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A Local Experts Guide to the Best Affordable Neighborhoods in Toledo, OH

Written by: Catrina Cowart

Hello! I'm Catrina, your ApartmentHomeLiving.com Local Expert for Toledo, Ohio, and I'm ready to tell you all about the great neighborhoods you can be a part of in this multicultural city.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!