Cheap Apartments for Rent near Monroe, NE from $500 (50 Rentals)

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Search the lowest-cost Apartments available for rent right now in Monroe.

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.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Leisure Apartments
1 to 2 Bedroom Apartments

Leisure Apartments

825 E 6th StWayne, NE 68787
  • Utilities Included
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Bluestem Apartments
Studio to 3 Bedroom Apartments

Bluestem Apartments

3680 Big Bluestem RdFremont, NE 68025
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Autumn Park Apartments
2 to 3 Bedroom Apartments

Autumn Park Apartments

3720 W State StGrand Island, NE 68803
  • Utilities Included

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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Monroe, NE Local Guide

Cheapest Available Monroe Apartments for Rent and Nearby

 

The cheapest available apartment rental in Monroe, NE is a 1 Bed unit found at The Residences at Liberty Campus priced from $700. Prospect Ridge Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here is today’s list of the most affordable Monroe apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Residences at Liberty Campus1/11BR,1BA$700
Prospect Ridge ApartmentsStudioStudio,1BA$725
150 Poppe DrStudioStudio,1BA$725
Old WalnutStudioStudio,1BA$745
Erin Apartments2 Beds, 1 bath2BR,1BA$750
LongLeaf Apartments1 Bedroom1BR,1BA$750
The Apartment Place1BR/1BA1BR,1BA$895
Fountain GlenButlerStudio,1BA$935
Nye ApartmentsTwo Bed, One Bath2BR,1BA$945
Conestoga CrossingTWO BEDROOM FLOORPLAN2BR,2BA$999

Best Value Apartments for Rent in Monroe, NE and Nearby

As of July 25, 2026 the best value apartment in the Monroe area is the $1.16 price per square foot 2 Beds, 1 bath Model at 414 W Phillip Ave in the starting from $1,450. The second greatest value Monroe apartment is the 2 Bed, 2 Bath Model at Residences at Oak Pointe starting at $1,399 with a $1.27 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.
414 W Phillip Ave2 Beds, 1 bath2BR,1BA$1.16
Residences at Oak Pointe2 Bed, 2 Bath2BR,2BA$1.27
Nye ApartmentsTwo Bed, Two Bath2BR,2BA$1.00
Cottonwood Creek Apartments2 Bedroom2BR,2BA$1.29
Meadow WoodB3 - Cedar2BR,1BA$1.11
Cedar Ridge2 Bed 2 Bath2BR,2BA$1.20
The Residences at Liberty Campus2/12BR,1BA$1.13
The Apartment Place1BR/1BA1BR,1BA$1.07
Conestoga CrossingTWO BEDROOM FLOORPLAN2BR,2BA$1.20
LongLeaf Apartments1 Bedroom1BR,1BA$1.06

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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Real 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.

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Quick 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.

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

Explore Monroe, NE Rentals by Map

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See the most popular apartments and homes in Monroe, NE

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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 Prospect Ridge Apartments listed at $725.

How much is rent for a Cheap One Bedroom Monroe Apartment?

The lowest price for a Cheap One Bedroom Monroe Apartment is $700 at The Residences at Liberty Campus.

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 $750 at Erin Apartments.

What is the most affordable Monroe Three Bedroom Apartment?

The best deal on a cheap Monroe Three Bedroom Apartment rental is at Erin Apartments and starts from $1,000.

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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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.

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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.