Cheap Apartments for Rent in Monroe, OR from $600 (47 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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.

Read Article
close
View Me
Farmstead
Rent Specials
$1,449 - $2,250
Total Monthly Price

Total Monthly Price

Base Rent
$1,449 - $2,250
Total Monthly Price
$1,449 - $2,250
1 to 3 Bedroom Apartments Available Now

Farmstead

1367 Umpqua AveEugene, OR 97408
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

Read Article
close
View Me
River Terrace
Rent Specials
$1,729 - $2,420
Total Monthly Price

Total Monthly Price

Base Rent
$1,729 - $2,420
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

River Terrace

1150 Darlene LnEugene, OR 97401
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

Read Article
close
View Me
The Riviera
1 to 2 Bedroom Apartments

The Riviera

825 NW 23rd AveCorvallis, OR 97330
close
View Me
Rivergreen Landing
1 to 3 Bedroom Apartments

Rivergreen Landing

3350 Southeast Midvale DriveCorvallis, OR 97333
  • Utilities Included
close
View Me
The Park at Fifth
1 to 3 Bedroom Apartments

The Park at Fifth

625 NW 5th StCorvallis, OR 97330

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.

Read Article
close
View Me
1020 SW 35th St
2 Bedroom Apartments

1020 SW 35th St

1020 SW 35th StCorvallis, OR 97333

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.

Read Article
Showing Results 1-47, Page 1 of 1

Monroe, OR Local Guide

Cheapest Available Monroe Apartments for Rent and Nearby

 

The cheapest available apartment rental in Monroe, OR is a 2 Beds unit found at The Vicinity priced from $999. The Union has the second lowest priced unit, which is a 4 Beds apartment currently listed from $1,025. Here is today’s list of the most affordable Monroe apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Vicinity2x12BR,1BA$999
The Union4BR/3BA - Oak Elite Tech Reno4BR,3BA$1,025
7th Street Station4BR/4BA - A - Premium4BR,4BA$1,089
Landsby Place Retirement CommunitySmall 1 bedroom1BR,1BA$1,180
Riviera Village Apartments1x1t1BR,1BA$1,275
The CrossingsOne Bedroom1BR,1BA$1,385
Heron Meadows1Bed 1Bath1BR,1BA$1,400
Parkside ApartmentsThe Sycamore1BR,1BA$1,435
Witham Hill OaksGarden Style - One Bedroom1BR,1BA$1,437
Farmstead1x1 Open1BR,1BA$1,449

Best Value Apartments for Rent in Monroe, OR and Nearby

As of July 30, 2026 the best value apartment in the Monroe area is the $0.79 price per square foot 4BR/4BA - A - Premium Model at 7th Street Station in the starting from $1,089. The second greatest value Monroe apartment is the 3 Bed, 3 Bath Classic Model at Yugo Corvallis Domain starting at $799 with a $0.65 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.
7th Street Station4BR/4BA - A - Premium4BR,4BA$0.79
Yugo Corvallis Domain3 Bed, 3 Bath Classic3BR,3BA$0.65
Boulders on the River2 BEDROOM WITH DEN2BR,2BA$1.86
Stone Ridge Apartments3x23BR,2BA$1.50
Park PlazaTwo Bedroom-Two Bath2BR,2BA$1.62
Valley River Court2 Bed 1.3 Bath2BR,1BA$1.93
Heron Meadows1Bed 1Bath1BR,1BA$1.79
The Union2BR/2BA - Field Elite Tech Reno2BR,2BA$1.93
Riviera Village Apartments1x1t1BR,1BA$1.83
Parkside ApartmentsThe Sycamore1BR,1BA$2.08

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 Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Monroe, OR Rentals by Map

Decorative image of map

See the most popular apartments and homes in Monroe, OR

View Map
Monroe, OR Apartments Map
View Map
Monroe, OR Rental Homes Map

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 $1,180 at Landsby Place Retirement Community.

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 The Vicinity.

What is the most affordable Monroe Three Bedroom Apartment?

The best deal on a cheap Monroe Three Bedroom Apartment rental is at Valley River Court and starts from $1,745.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.