
Cheap Apartments for Rent in Monroe, NC from $850 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in Monroe.


Room in Single Family Home on Switchgrass Ct

Monroe Apartments

Woodbrook Apartment Homes

Pinewood Trace

Nottingham Apartments
Authentic Charlotte: An Insider's Guide to the Queen City's Neighborhoods and Quirks
Moving to Charlotte? Let our local expert guide you through Uptown, South End, NoDa, and the city’s affordable, high-quality life, from banking to barbecue in our Insider's Guide to Charlotte.

Monticello Gardens

Fairley Avenue

Sunset Apartments

Total Monthly Price
701 W Windsor St, Unit Place @ Windsor

Total Monthly Price
906 Midwood Dr, Unit 906 A Midwood Drive

Piedmont Lofts
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.

Arka Heights

Elevate Rocky River

Willow Glen

Monte Carlo Apartments

Village Square Apartments

Icemorlee Apartments
Your Local Expert's Guide to Top Neighborhoods to Rent Near Charlotte's Big Four Employers
Find your perfect Charlotte neighborhood! Explore vibrant communities like South End, Dilworth, and NoDa, with tips for renters balancing work, family, and commute time.

1380 Fairley Ave

1015 Parker St

Chase on Monroe Apartments

307 S College St

610 Engleside St

The Oaks at Monroe
Charlotte's Best Affordable Neighborhoods
Learn about Charlotte and the best places to live with original content written by our Charlotte, NC Local Expert Carrie Catalano!

Exchange at Indian Trail

Manor Ridge Apartments
Monroe, NC Local Guide

How much does it cost to rent an apartment in Monroe?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monroe Studio Apartments | $1,271 | $850 | $1,495 |
| Monroe 1 Bedroom Apartments | $1,441 | $895 | $2,350 |
| Monroe 2 Bedroom Apartments | $1,628 | $1,025 | $2,331 |
| Monroe 3 Bedroom Apartments | $2,218 | $1,205 | $4,584 |
| Monroe 4 Bedroom Apartments | $2,372 | $2,270 | $2,474 |
Browse Top Apartments in Monroe
See all Apartments in MonroeExplore Monroe
Monroe, NC Local Guide
- Monroe Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Monroe Apartments for Rent
 The cheapest available apartment rental in Monroe, NC is a Studio unit found at Woodbrook Apartment Homes in the Icemorlee neighborhood priced from $940. Monticello Gardens in the Icemorlee neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $985. Here is today’s list of the most affordable Monroe apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Woodbrook Apartment Homes | Studio | Studio, 1BA | $940 |
| Monticello Gardens | Updated | 1BR, 1BA | $985 |
| Nottingham Apartments | 1 Bedroom 1 Bath | 1BR, 1BA | $1,065 |
| Sunset Apartments | 1 Bedroom 1 Bath | 1BR, 1BA | $1,100 |
| Piedmont Lofts | Studio | 1BR, 1BA | $1,230 |
| Exchange at Indian Trail | A-2 | 1BR, 1BA | $1,262 |
| Arka Heights | Studio - 3Floor | Studio, 1BA | $1,355 |
| Pinewood Trace | 2 BR/1.5 BA TH | 2BR, 1BA | $1,375 |
Best Value Apartments for Rent in Monroe, NC
As of September 20, 2026 the best value apartment in the Monroe area is the $1.12 price per square foot Kinston Model at Poplin Meadows in the Stoneybrook neighborhood starting from $2,375. The second greatest value Monroe apartment is the 3 x 2 Intrigue C2SFsi Model at Wingate Meadows Rental Homes in the Urban Hills neighborhood starting at $2,170 with a $1.25 price per square foot. Here is today’s list of the best values for Monroe apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Poplin Meadows | Kinston | 3BR, 2.5BA | $1.12 |
| Wingate Meadows Rental Homes | 3 x 2 Intrigue C2SFsi | 3BR, 2.5BA | $1.25 |
| Founders Point | Glen | 3BR, 2.5BA | $1.50 |
| Redwood Monroe | Breezewood | 2BR, 2BA | $1.44 |
| Village Square Apartments | The Sagewood | 3BR, 1.5BA | $1.17 |
| The Oaks at Monroe | 2BR/1.5BA | 2BR, 1.5BA | $1.32 |
| Pinewood Trace | 2 BR/1.5 BA TH | 2BR, 1.5BA | $1.31 |
| 906 Midwood Dr, Unit 906 A Midwood Drive | 906 Midwood Dr | 2BR, 1BA | $1.33 |
| Nottingham Apartments | 1 Bedroom 1 Bath | 1BR, 1BA | $1.68 |
| Monticello Gardens | Updated | 1BR, 1BA | $1.56 |
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 ArticleTop Neighborhoods Near Charlotte Colleges and Universities
Learn About the Best Neighborhoods to Rent Near College Campuses in Charlotte, NC | Find Charlotte Off-Campus Student Housing at ApartmentHomeLiving.com
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, NC
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Monroe, NC Rentals by Map
See the most popular apartments and homes in Monroe, NC
Frequently Asked Questions about Cheap Monroe Apartments
What is the Cheapest Studio apartment in Monroe?
Currently the most affordable Cheap Studio Apartment in Monroe is at Woodbrook Apartment Homes listed at $940.
How much is rent for a Cheap One Bedroom Monroe Apartment?
The lowest price for a Cheap One Bedroom Monroe Apartment is $985 at Monticello Gardens.
What is the lowest price for a Cheap Two Bedroom Monroe Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Monroe is starting from $1,025 at Fairley Avenue.
What is the most affordable Monroe Three Bedroom Apartment?
The best deal on a cheap Monroe Three Bedroom Apartment rental is at Village Square Apartments and starts from $1,440.
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.
Helpful Local Expert Guides

From South End to Myers Park: Charlottes Best Short-Term Rental Neighborhoods
Written by: Carrie Catalano
Hey there! I'm Carrie, your ApartmentHomeLiving.com Local Expert for Charlotte and its suburban neighborhoods.

Authentic Charlotte: An Insider's Guide to the Queen Citys Neighborhoods and Quirks
Written by: Carrie Catalano
Hello from Charlotte, North Carolina! I'm Carrie, your ApartmentHomeLiving.com Local Expert for Charlotte, and I'm thrilled to share the inside scoop on this incredible city that I've called home for over a decade.

Your Local Expert's Guide to Top Neighborhoods to Rent Near Charlottes Big Four Employers
Written by: Carrie Catalano
I'm Carrie, and I've been calling the Charlotte area home for a few years now.

Expert's Guide to the Top Neighborhoods in Charlotte, NC for College Renters
Written by: Carrie Catalano
I'm Carrie, your ApartmentHomeLiving.com Local Expert for Charlotte, North Carolina. Charlotte is an exciting place to live for anyone, but particularly for college students.
Articles, How-To's, and Tips

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.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.