Cheap Homes for Rent in Monroe, NC from $500 (9 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.

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.

Monroe, NC Local Guide

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 $850. Sunset Apartments in the Urban Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here is today’s list of the most affordable Monroe apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Monticello GardensClassic Unit - Unremodeled1BR,1BA$850
Sunset Apartments1 Bedroom 1 Bath1BR,1BA$1,100
Village Square ApartmentsThe Vineyard2BR,1BA$1,160

Best Value Apartments for Rent in Monroe, NC

As of December 27, 2025 the best value apartment in the Monroe area is the $1.21 price per square foot Intrigue Model at Wingate Meadows Rental Homes in the in the Urban Hills neighborhood starting from $2,100. The second greatest value Monroe apartment is the Douglas Model at Founders Point starting at $2,212 with a $1.34 price per square foot in the Williams 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.
Wingate Meadows Rental HomesIntrigue3BR,2.5BA$1.21
Founders PointDouglas3BR,2.5BA$1.34
Poplin MeadowsUnion3BR,2.5BA$1.28
Poplin TraceCaswell3BR,2.5BA$1.37
The Oaks at Monroe3BR/2.5BA3BR,2.5BA$1.21
Redwood MonroeMeadowood2BR,2BA$1.49
Nottingham Apartments2 Bedroom 1 Bath2BR,1BA$1.55
Elevate Rocky RiverA1C1BR,1BA$1.75
Village Square ApartmentsThe Birch2BR,1BA$1.66
Monticello GardensClassic Unit - Unremodeled1BR,1BA$1.35

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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Top 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

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Quick Rent Budget Calculator

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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.

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Pet Friendly Lifestyle
Monroe, NC

Ranked #808

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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 41 Apartments for Rent in Monroe, NC with pricing that ranges from $850 to $2,479. There are also 151 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monroe ranging from $575 to $3,425.

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 $575 to $3,425 with an average monthly rent of $1,980.

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 $2,395, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,445 to $2,729. Four Bedroom Single-Family rentals are also available starting from $1,780 and Four Bedroom Apartments start at $2,150.

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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The 10 Best Affordable Neighborhoods in Charlotte, NC

Written by: Carrie Catalano

I'm Carrie, your ApartmentHomeLiving.com Local Expert for Charlotte, North Carolina. I moved to the Triangle area of North Carolina in the summer of 2024 and have been exploring the state since.

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.