
Cheap Apartments for Rent in Monroe, OH from $685 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in Monroe.


Elmgrove

Hawthorne

Bavarian Woods Apartments

4540 Bonita Dr

Maple Oaks

3005 Seneca St

1608 Meadow Ave

Butler Townhomes
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.

Nicholas Place Apartments

8385 Hendrickson Rd

Palmera

LA Main Apartments

414 Mars Dr

403 Sycamore Rd

409 Mars Dr

Robin Springs Apartments

Vienna Forest Villas
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.

401 Sycamore Rd

407 Sycamore Rd

Woodlands on Lafayette

403 Mars Dr

314 Charles St

405 Mars Dr

3201 Harrison St

704 16th Ave

203 S Broad St
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.

266 Starr Ave

Lefferson Quarters Apartments

2397 S Breiel Blvd

Village East

405 Moore St

713 Diamond Loop

1419 Oxford State Rd

2621 OH-63

2001 Wellington Rd
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.

895 Fox Ct
Monroe, OH Local Guide

How much does it cost to rent an apartment in Monroe?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Monroe Studio Apartments | $936 | $685 | $1,355 |
| Cheap Monroe 1 Bedroom Apartments | $1,570 | $855 | $1,967 |
| Cheap Monroe 2 Bedroom Apartments | $1,500 | $900 | $3,500 |
| Cheap Monroe 3 Bedroom Apartments | $1,693 | $1,379 | $2,710 |
| Cheap Monroe 4 Bedroom Apartments | $2,049 | $1,599 | $2,500 |
Browse Top Apartments in Monroe
See all Apartments in MonroeExplore Monroe
Monroe, OH Local Guide
- Monroe Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Neighborhoods for Apartments in Monroe, OH
Pricing Updated: 09/14/2026Current apartment rentals in the Monroe, OH area range in price from $770 to $3,500 with an overall median price of $1,290. Here is today’s list neighborhoods with the lowest median pricing for Monroe Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Chapelgate | $1,290 | $770 | 17 |
Cheapest Available Monroe Apartments for Rent
 The cheapest available apartment rental in Monroe, OH is a 1 Bed unit found at 414 Mars Dr in the Elk Creek Estates neighborhood priced from $725. Bavarian Woods Apartments in the Trails of Four Bridges neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $999. Here is today’s list of the most affordable Monroe apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 414 Mars Dr | 1 Beds, 1 Baths | 1BR,1BA | $725 |
| Bavarian Woods Apartments | The Beech | 2BR,1BA | $999 |
| Maple Oaks | Two Bed 1.5 Bath 930 Sqft | 2BR,1BA | $1,115 |
| Village East | 2 Bedroom, 1 Bath (Balcony) | 2BR,1BA | $1,135 |
| Monroe Terrace Apartments | 2 Bedroom, 1 Bathroom Apartment at Monroe Terra... | 2BR,1BA | $1,215 |
| Butler Townhomes | Butler Townhomes: 2 BD / 1 BA (Gold) | 2BR,1BA | $1,249 |
| Nicholas Place Apartments | Two Bedroom | 2BR,2BA | $1,375 |
| Palmera | Lusia | 1BR,1BA | $1,525 |
Best Value Apartments for Rent in Monroe, OH
As of September 14, 2026 the best value apartment in the Monroe area is the $0.83 price per square foot 5174 Hamilton Middletown Rd Model at 5174 Hamilton Middletown Rd, Unit 1 in the in the Butler County neighborhood starting from $2,500. The second greatest value Monroe apartment is the 2281 Joshua Cir Model at 2281 Joshua Cir, Unit 2281 starting at $1,650 with a $1.03 price per square foot in the Trails of Four Bridges 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. |
|---|---|---|---|
| 5174 Hamilton Middletown Rd, Unit 1 | 5174 Hamilton Middletown Rd | 4BR,3BA | $0.83 |
| 2281 Joshua Cir, Unit 2281 | 2281 Joshua Cir | 2BR,2BA | $1.03 |
| 2279 Joshua Cir, Unit 2279 | 2279 Joshua Cir | 2BR,2BA | $1.03 |
| Nicholas Place Apartments | Two Bedroom | 2BR,2BA | $1.22 |
| Maple Oaks | Three Bed 1.5 Bath 1022 Sqft | 3BR,1.5BA | $1.55 |
| Bavarian Woods Apartments | The Beech | 2BR,1BA | $1.00 |
| Butler Townhomes | Butler Townhomes: 2 BD / 1 BA (Gold) | 2BR,1BA | $1.38 |
| Monroe Terrace Apartments | MT 3/1.5 A | 3BR,1.5BA | $1.75 |
| Village East | 1 Bedroom, 1 Bath (Balcony) | 1BR,1BA | $1.73 |
| 414 Mars Dr | 1 Beds, 1 Baths | 1BR,1BA | $1.65 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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, OH Rentals by Map
See the most popular apartments and homes in Monroe, OH
Frequently Asked Questions about Cheap Monroe Apartments
How much is rent for a Cheap One Bedroom Monroe Apartment?
The lowest price for a Cheap One Bedroom Monroe Apartment is $725 at 414 Mars Dr.
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 $999 at Bavarian Woods Apartments.
What is the most affordable Monroe Three Bedroom Apartment?
The best deal on a cheap Monroe Three Bedroom Apartment rental is at Butler Townhomes and starts from $1,495.
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

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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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