
Cheap Homes for Rent in Monroe, NC from $475 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Monroe.


Room in House on Eastcott Ave

Room in House on Maylen Trace

Room in House on Switchgrass Ct
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.

220 Wilkes Dr

3125 Viola Ln

400 E Talleyrand Ave

1380 Fairley Ave
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.

1015 Parker St
Monroe, NC 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 | $1,372 | $1,245 | $1,525 |
| Monroe 3 Bedroom Homes for Rent | $2,043 | $1,195 | $3,000 |
| Monroe 4 Bedroom Homes for Rent | $2,324 | $1,845 | $3,115 |
| Monroe 5 Bedroom Homes for Rent | $2,573 | $2,125 | $3,100 |
| Monroe 6 Bedroom Homes for Rent | $2,745 | $2,745 | $2,745 |
Browse Top Homes for Rent in Monroe
Explore Monroe
Monroe, NC Local Guide
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Cheapest Available Monroe Apartments for Rent
 The cheapest available apartment rental in Monroe, NC is a 1 Bed unit found at Monticello Gardens in the Icemorlee neighborhood priced from $985. Nottingham Apartments in the Icemorlee neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,065. Here is today’s list of the most affordable Monroe apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 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 |
Best Value Apartments for Rent in Monroe, NC
As of August 21, 2026 the best value apartment in the Monroe area is the $1.21 price per square foot Chadwick Model at Poplin Trace in the in the Stoneybrook neighborhood starting from $2,375. The second greatest value Monroe apartment is the 3 x 2 The Escape C1SFsi Model at Wingate Meadows Rental Homes starting at $2,125 with a $1.23 price per square foot in the Urban Hills neighborhood. 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 Trace | Chadwick | 3BR,2.5BA | $1.21 |
| Wingate Meadows Rental Homes | 3 x 2 The Escape C1SFsi | 3BR,2BA | $1.23 |
| Founders Point | Hemingway | 3BR,2.5BA | $1.42 |
| 2426 Pageland Hwy, Unit Hidden Spring | 2426 Pageland Hwy | 2BR,2BA | $1.33 |
| Redwood Monroe | Forestwood | 2BR,2BA | $1.51 |
| 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 |
| Elevate Rocky River | A1A | 1BR,1BA | $1.93 |
| Nottingham Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.67 |
| 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 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
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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 Monroe
What type of rentals are currently available in Monroe?
There are currently 45 Apartments for Rent in Monroe, NC with pricing that ranges from $850 to $4,205. There are also 159 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monroe ranging from $475 to $3,115.
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 $475 to $3,115 with an average monthly rent of $2,096.
How much are larger Three and Four Bedroom Rentals in Monroe?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Monroe range from $1,205 to $4,205, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,195 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,845 and Four Bedroom Apartments start at $2,250.
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.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
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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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.