Cheap Apartments for Rent in Monroe, OK from $500 (42 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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.

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Tara Gardens
1 to 2 Bedroom Apartments

Tara Gardens

1615 S 22nd StFort Smith, AR 72901

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.

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601 Xavier St
1 Bedroom Apartments

601 Xavier St

601 Xavier StFort Smith, AR 72901
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Southbrooke Apartments
1 to 3 Bedroom Apartments

Southbrooke Apartments

8201 Highway 271 SFort Smith, AR 72908
  • Utilities Included
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Pine View Apartments
1 Bedroom Apartments

Pine View Apartments

5202 Towson AveFort Smith, AR 72901
  • Utilities Included
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St. Andrews Apartments
1 to 2 Bedroom Apartments

St. Andrews Apartments

4901 St Andrews WayFort Smith, AR 72903
  • Utilities Included

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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Willow Lake Townhomes
2 to 4 Bedroom Apartments

Willow Lake Townhomes

1400 Albert Pike AveFort Smith, AR 72903
  • Utilities Included

Monroe, OK Local Guide

Cheapest Available Monroe Apartments for Rent and Nearby

 

The cheapest available apartment rental in Monroe, OK is a 1 Bed unit found at Phoenix Village in the Cavanaugh neighborhood priced from $550. The Flats @ 5900 in the Sunnymede neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Monroe apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Phoenix VillageStudio1BR,1BA$550
The Flats @ 59001 bed 1 bath1BR,1BA$600
Southbrooke ApartmentsSB 1 bed 1 bath1BR,1BA$625
Pike PlaceStandard1BR,1BA$630
The Bluffs @ CentralWelcome to your Convenient and Comfortable 1 be...1BR,1BA$650
Marina Apartments1 Bedroom, 1 Bathroom1BR,1BA$675
The Links at Fort SmithCustom1BR,1BA$685
Forrest Brook Apartments1 bedroom, 1 bathroom1BR,1BA$700
"The Belle Grove" One Bedroom Apartments The Belle Grove 1 Bedroom1BR,1BA$700
Lakeside Townhomes1 bedroom 800sqft1BR,1BA$725

Best Value Apartments for Rent in Monroe, OK and Nearby

As of July 25, 2025 the best value apartment in the Monroe area is the $0.89 price per square foot 2 Bed 2 Bath 2 Car Garage Model at Willowbrook Duplexes in the in the Cavanaugh neighborhood starting from $1,199. The second greatest value Monroe apartment is the The Grand Monarch Model at Crown Ridge Apartments starting at $925 with a $0.89 price per square foot in the Cavanaugh 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.
Willowbrook Duplexes2 Bed 2 Bath 2 Car Garage2BR,2BA$0.89
Crown Ridge ApartmentsThe Grand Monarch3BR,2BA$0.89
Addison Place Apartments2X22BR,2BA$0.92
Glen Oaks2 Bedrooms Availble Now!2BR,2BA$0.92
Southpoint Apartments2bd/2ba- B Plan Upstairs2BR,2BA$0.86
Magnolia Place: 1 & 2 Bedroom ApartmentsMagnolia Place 2 Bedroom2BR,1.5BA$0.93
The View: 1 & 2 Bedroom ApartmentsThe View 1501 Two Bedroom2BR,1BA$0.94
Lakeside Townhomes1 bedroom 800sqft1BR,1BA$0.91
Southbrooke ApartmentsSB 1 bed 1 bath1BR,1BA$0.89
The Flats @ 59001 bed 1 bath1BR,1BA$0.92

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Location, Location, Location!

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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 Prairie at Chaffee Crossing listed at $850.

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

The lowest price for a Cheap One Bedroom Monroe Apartment is $550 at Phoenix Village.

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 $700 at Pike Place.

What is the most affordable Monroe Three Bedroom Apartment?

The best deal on a cheap Monroe Three Bedroom Apartment rental is at Southbrooke Apartments and starts from $820.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.