Cheap Homes for Rent in Monroe, NE from $600 (11 Rentals)

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

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

property at 1005 S 4th St

1005 S 4th St

NorfolkNE68701
property at 1306 L St

1306 L St

AuroraNE68818

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Monroe, NE Local Guide

Cheapest Available Monroe Apartments for Rent and Nearby

 

The cheapest available apartment rental in Monroe, NE is a Studio unit found at Old Walnut priced from $645. Fremont Omega - A 55+ Senior Community has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here is today’s list of the most affordable Monroe apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Old WalnutStudioStudio,1BA$645
Fremont Omega - A 55+ Senior Community1 Bed 1 Bath1BR,1BA$725
MEADOW WOODOpen living space + spacious master1BR,1BA$755
Bluestem ApartmentsStudioStudio,1BA$875
Prairie View Apartments1 bedroom unit1BR,1BA$875

Best Value Apartments for Rent in Monroe, NE and Nearby

As of June 01, 2025 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 Prairie Park Apartments starting at $1,255 with a $1.19 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
Prairie Park Apartments2 Bed, 2 Bath2BR,2BA$1.19
Ridgeland Park Apartments in YorkOmaha3BR,1BA$1.15
Prairie View Apartments1 bedroom unit1BR,1BA$1.03
The Apartment Place1BR/1BA1BR,1BA$1.07
Fountain SpringsBirch1BR,1BA$1.19
Conestoga CrossingTWO BEDROOM FLOORPLAN2BR,2BA$1.20
The Warwick2 Bedroom2BR,1BA$1.24
MEADOW WOODOpen living space + spacious master1BR,1BA$1.02
Fremont Omega - A 55+ Senior Community1 Bed 1 Bath1BR,1BA$1.12

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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Frequently Asked Questions about Monroe

What type of rentals are currently available in Monroe?

There are currently 39 Apartments for Rent in Monroe, NE with pricing that ranges from $645 to $2,995. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monroe ranging from $600 to $3,200.

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 $600 to $3,200 with an average monthly rent of $1,480.

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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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.