Cheap Apartments for Rent in Monroe, OH from $685 (37 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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LA Main Apartments
2 to 3 Bedroom Apartments

LA Main Apartments

599 Ethel CtMiddletown, OH 45044
  • Utilities Included
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414 Mars Dr
1 Bedroom Apartments

414 Mars Dr

414 Mars DrTrenton, OH 45067
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403 Sycamore Rd
2 Bedroom Apartments

403 Sycamore Rd

403 Sycamore RdTrenton, OH 45067
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409 Mars Dr
2 Bedroom Apartments

409 Mars Dr

409 Mars DrTrenton, OH 45067
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Vienna Forest Villas
1 to 3 Bedroom Apartments

Vienna Forest Villas

330-496 Bavarian StMiddletown, OH 45044
  • Utilities Included

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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401 Sycamore Rd
2 Bedroom Apartments

401 Sycamore Rd

401 Sycamore RdTrenton, OH 45067
  • Utilities Included
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407 Sycamore Rd
2 Bedroom Apartments

407 Sycamore Rd

407 Sycamore RdTrenton, OH 45067
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403 Mars Dr
2 Bedroom Apartments

403 Mars Dr

403 Mars DrTrenton, OH 45067
  • Utilities Included
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405 Mars Dr
2 Bedroom Apartments

405 Mars Dr

405 Mars DrTrenton, OH 45067

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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Village East
Studio to 3 Bedroom Apartments

Village East

3530 Village DrFranklin, OH 45005

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.

Monroe, OH Local Guide

Cheapest Neighborhoods for Apartments in Monroe, OH

Pricing Updated: 09/14/2026

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Chapelgate$1,290$77017

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 ListingModel NameBed/BathPriced From
414 Mars Dr1 Beds, 1 Baths1BR,1BA$725
Bavarian Woods ApartmentsThe Beech2BR,1BA$999
Maple OaksTwo Bed 1.5 Bath 930 Sqft2BR,1BA$1,115
Village East2 Bedroom, 1 Bath (Balcony)2BR,1BA$1,135
Monroe Terrace Apartments2 Bedroom, 1 Bathroom Apartment at Monroe Terra...2BR,1BA$1,215
Butler TownhomesButler Townhomes: 2 BD / 1 BA (Gold)2BR,1BA$1,249
Nicholas Place ApartmentsTwo Bedroom2BR,2BA$1,375
PalmeraLusia1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
5174 Hamilton Middletown Rd, Unit 15174 Hamilton Middletown Rd4BR,3BA$0.83
2281 Joshua Cir, Unit 22812281 Joshua Cir2BR,2BA$1.03
2279 Joshua Cir, Unit 22792279 Joshua Cir2BR,2BA$1.03
Nicholas Place ApartmentsTwo Bedroom2BR,2BA$1.22
Maple OaksThree Bed 1.5 Bath 1022 Sqft3BR,1.5BA$1.55
Bavarian Woods ApartmentsThe Beech2BR,1BA$1.00
Butler TownhomesButler Townhomes: 2 BD / 1 BA (Gold)2BR,1BA$1.38
Monroe Terrace ApartmentsMT 3/1.5 A3BR,1.5BA$1.75
Village East1 Bedroom, 1 Bath (Balcony)1BR,1BA$1.73
414 Mars Dr1 Beds, 1 Baths1BR,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.

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Navigating 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.

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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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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!

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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

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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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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.

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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.

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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.