Cheap Apartments for Rent in Monroe, OR from $600 (41 Rentals)

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

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.

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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.

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Farmstead
Rent Specials
$1,575 - $3,300
Total Monthly Price

Total Monthly Price

Base Rent
$1,575 - $3,300
Total Monthly Price
$1,575 - $3,300
1 to 3 Bedroom Apartments Available Now

Farmstead

1367 Umpqua AveEugene, OR 97408
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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.

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River Terrace
Rent Specials
$1,630 - $2,155
Total Monthly Price

Total Monthly Price

Base Rent
$1,630 - $2,155
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

River Terrace

1150 Darlene LnEugene, OR 97401
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The Park at Fifth
1 to 3 Bedroom Apartments

The Park at Fifth

625 NW 5th StCorvallis, OR 97330

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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property at 4285 River Rd

$1,800 - $1,825

3 Bedroom Rentals

Available Now

4285 River Rd

EugeneOR97404

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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Showing Results 1-41, 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 $1,000. Landsby Place Retirement Community in the Santa Clara Community neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,180. Here is today’s list of the most affordable Monroe apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Vicinity2.S2BR,1BA$1,000
Landsby Place Retirement CommunitySmall 1 bedroom1BR,1BA$1,180
The Riviera1BR 1 Bath1BR,1BA$1,250
Witham Hill OaksGarden Style - One Bedroom1BR,1BA$1,251
Riviera Village Apartments1x1t1BR,1BA$1,275
Park PlazaStudioStudio,1BA$1,300
Valley River Court1 Bed 1 Bath1BR,1BA$1,355
The Park at Fifth1 Bed 6351BR,1BA$1,363
The CrossingsOne Bedroom1BR,1BA$1,385
Heron Meadows1Bed 1Bath1BR,1BA$1,400

Best Value Apartments for Rent in Monroe, OR and Nearby

As of April 26, 2026 the best value apartment in the Monroe area is the $1.44 price per square foot 3 Bedroom Garden Model at Heron Club in the in the Cal Young neighborhood starting from $1,750. The second greatest value Monroe apartment is the 3x2 Model at Stone Ridge Apartments starting at $1,895 with a $1.58 price per square foot in the River Road Community 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.
Heron Club3 Bedroom Garden3BR,2BA$1.44
Stone Ridge Apartments3x23BR,2BA$1.58
Grand Oaks2X2B2BR,2BA$2.14
Yugo Corvallis Domain2 Bed, 2 Bath2BR,2BA$1.22
Crystal Lake Apartments2BR 2 Bath2BR,2BA$1.70
Heron Meadows1Bed 1Bath1BR,1BA$1.79
Riviera Village Apartments1x1t1BR,1BA$1.83
Parkside ApartmentsThe Sycamore1BR,1BA$2.09
Valley River Court1 Bed 1 Bath1BR,1BA$1.99
The Riviera1BR 1 Bath1BR,1BA$2.02

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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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 Park Plaza listed at $1,300.

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 $1,000 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 Witham Hill Oaks and starts from $1,533.

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 Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

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.

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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.

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.