Cheap Homes for Rent in Monroe, MI from $600 (14 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

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Monroe, MI Local Guide

Cheapest Neighborhoods for Apartments in Monroe, MI

Pricing Updated: 09/10/2025

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$875$8253

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 $760. Foxton Apartments in the Arbor Creek neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $799. 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$760
Foxton ApartmentsStudioStudio,1BA$799
Hampton Apartments & TownhomesGarden Series One Bedroom1BR,1BA$850
Hidden Trail Apartments1x11BR,1BA$850
Greenwycke CrossingsOne Bedroom One Bathroom1BR,1BA$850

Best Value Apartments for Rent in Monroe, MI and Nearby

As of September 10, 2025 the best value apartment in the Monroe area is the $1.00 price per square foot 2BR/1.0BA Model at ONE11 RESIDENCES - MONROE in the in the Arbor Creek neighborhood starting from $1,195. The second greatest value Monroe apartment is the Formosa Upper Model at Plum Grove starting at $1,650 with a $1.39 price per square foot . 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.
ONE11 RESIDENCES - MONROE2BR/1.0BA2BR,1BA$1.00
Plum GroveFormosa Upper3BR,2BA$1.39
115 E Elm Ave, Unit F1115 E Elm Ave2BR,1BA$1.03
Landings at Cedar CreekTwo Bedroom, Two Bathroom (Renovated)2BR,2BA$1.17
Custer Estates ApartmentsTwo Bedroom2BR,1BA$1.05
Frenchtown Flats2 Bed 1 Bath Apt.2BR,1BA$1.06
Appleton Ridge Apartments2B/1.5B2BR,1.5BA$1.14
Hampton Apartments & TownhomesRanch Series One Bedroom1BR,1BA$1.50
Hidden Trail Apartments1x11BR,1BA$1.32
Sterling Pointe1 Bedroom Upgrade1BR,1BA$1.50

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Best Local Schools in
Monroe, MI

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

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Frequently Asked Questions about Monroe

What type of rentals are currently available in Monroe?

There are currently 70 Apartments for Rent in Monroe, MI with pricing that ranges from $750 to $1,999. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monroe ranging from $675 to $2,650.

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 $675 to $2,650 with an average monthly rent of $1,466.

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.

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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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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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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.

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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.