
Cheap Homes for Rent in Monroe, NY from $1,500 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Monroe.


24 Cromwell Hill Rd

26 Oakwood Trail S

20 Peddler Hill Rd

1003 Parkview Dr
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.

1 Heritage Dr

27 Weathervane Dr

357 Mountain Lodge Rd

14 Woodland Cir S

7 Kennedy Ln, Unit 3
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.

5 Lexington Hills Rd
Monroe, NY 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 | $2,459 | $1,750 | $2,900 |
| Monroe 3 Bedroom Homes for Rent | $3,266 | $2,100 | $4,000 |
| Monroe 4 Bedroom Homes for Rent | $4,430 | $3,500 | $6,000 |
| Monroe 5 Bedroom Homes for Rent | $3,675 | $3,400 | $3,950 |
| Monroe 6 Bedroom Homes for Rent | $4,300 | $4,300 | $4,300 |
Browse Top Homes for Rent in Monroe
Explore Monroe
Monroe, NY Local Guide
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Cheapest Neighborhoods for Apartments in Monroe, NY
Pricing Updated: 05/25/2026Current apartment rentals in the Monroe, NY area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Monroe Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Estates of Briarcliff | $10,732 | $783 | 4 |
Cheapest Available Monroe Apartments for Rent
 The cheapest available apartment rental in Monroe, NY is a 1 Bed unit found at Knox Village priced from $1,555. Squire Village Apartments in the Grove at New Windsor neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,600. Here is today’s list of the most affordable Monroe apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Knox Village | 1 Bedroom | 1BR,1BA | $1,555 |
| Squire Village Apartments | One Bedroom ( Coming Soon ) | 1BR,1BA | $1,600 |
| Walnut Hill Apartments 55+ Senior Apartments | 50% - 60% Median Income | 1BR,1BA | $1,681 |
| Imperial Gardens Apartment Homes | One Bedroom-772 sqft | 1BR,1BA | $1,840 |
| Slatewood Apartments | 1 Bed | 1BR,1BA | $1,850 |
Best Value Apartments for Rent in Monroe, NY
As of May 25, 2026 the best value apartment in the Monroe area is the $2.50 price per square foot 2 bed 1.5 Bath W/ WD Townhome Model at HudsonView Living in the in the Downtown Peekskill neighborhood starting from $2,630. The second greatest value Monroe apartment is the B1 Model at Mountainview Village starting at $2,195 with a $2.21 price per square foot in the Grove at New Windsor 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. |
|---|---|---|---|
| HudsonView Living | 2 bed 1.5 Bath W/ WD Townhome | 2BR,1.5BA | $2.50 |
| Mountainview Village | B1 | 2BR,1BA | $2.21 |
| Lamplight Village Apartments | 2 Bedroom 1.5 Bath Townhouse | 2BR,1.5BA | $2.45 |
| Woodbury Gardens | Two Bedroom | 2BR,1BA | $2.28 |
| Briarwood House Apartments | 1 BRM | 1BR,1BA | $2.53 |
| Sycamore Gardens | 2 Beds, 1 bath | 2BR,1BA | $2.41 |
| Slatewood Apartments | 1 Bed | 1BR,1BA | $2.39 |
| Imperial Gardens Apartment Homes | One Bedroom-772 sqft | 1BR,1BA | $2.42 |
| Squire Village Apartments | One Bedroom ( Coming Soon ) | 1BR,1BA | $2.08 |
| Knox Village | 1 Bedroom | 1BR,1BA | $2.05 |
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 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Monroe, NY Rentals by Map
See the most popular apartments and homes in Monroe, NY
Frequently Asked Questions about Monroe
What type of rentals are currently available in Monroe?
There are currently 69 Apartments for Rent in Monroe, NY with pricing that ranges from $783 to $28,042. There are also 51 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monroe ranging from $1,500 to $6,000.
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 $1,500 to $6,000 with an average monthly rent of $3,337.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.