
Cheap Apartments for Rent in Monroe, SD from $300 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in Monroe.


Bentwood Manor Apartments

41st Street Commons
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.

Heritage Place Apartments

Regency Place Apartments

Sunset Villas Apartments

Edgewood Apartments

Pheasant View Apartments
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.

Roosevelt Estates of Sioux Falls

Hillcrest Heights Apartments

Maple Pass Apartments & Townhomes

Park Place Condominiums

Silos at Ellis Crossing

Westview Heights Apartments, LLC

623 S Prairie Ave

610 S Grange Ave
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.

3506 S Sertoma Ave
Monroe, SD Local Guide

How much does it cost to rent an apartment in Monroe?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Monroe Studio Apartments | $848 | $820 | $875 |
Monroe 1 Bedroom Apartments | $984 | $770 | $1,841 |
Monroe 2 Bedroom Apartments | $1,241 | $815 | $2,505 |
Monroe 3 Bedroom Apartments | $1,639 | $399 | $3,483 |
Browse Top Apartments in Monroe
See all Apartments in MonroeExplore Monroe
Monroe, SD Local Guide
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Cheapest Available Monroe Apartments for Rent and Nearby
 The cheapest available apartment rental in Monroe, SD is a 2 Beds unit found at Bentwood Manor Apartments in the Western Mall neighborhood priced from $700. Forty One Flats has the second lowest priced unit, which is a 3 Beds apartment currently listed from $707. Here is today’s list of the most affordable Monroe apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Bentwood Manor Apartments | The Maple | 2BR,1BA | $700 |
Forty One Flats | 3 Bedroom 2 Bathroom | 3BR,2BA | $707 |
41st Street Commons | Flat Style 1 Bed/1Bath | 1BR,1BA | $770 |
Sunset Villas Apartments | 1 Bed 1 Bath Apartment | 1BR,1BA | $810 |
Pheasant View Apartments | 1 BEDROOM | 1BR,1BA | $825 |
Best Value Apartments for Rent in Monroe, SD and Nearby
As of September 15, 2025 the best value apartment in the Monroe area is the $1.13 price per square foot 3 Bed 2 Bath Townhome Model at Maple Pass Apartments & Townhomes in the starting from $1,530. The second greatest value Monroe apartment is the 2bd2ba Model at Saddle Creek Townhomes starting at $1,095 with a $0.97 price per square foot in the Southwest Sioux Falls 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. |
---|---|---|---|
Maple Pass Apartments & Townhomes | 3 Bed 2 Bath Townhome | 3BR,2BA | $1.13 |
Saddle Creek Townhomes | 2bd2ba | 2BR,2BA | $0.97 |
Forty One Flats | 3 Bedroom 2 Bathroom | 3BR,2BA | $0.66 |
West Briar | 2 Bedroom 1 Bath | 2BR,1BA | $1.01 |
Teak | 2 BR Renovated | 2BR,1BA | $1.05 |
Bentwood Manor Apartments | The Pine | 2BR,2BA | $0.94 |
Roosevelt Estates of Sioux Falls | 2 Bedroom | 2BR,1BA | $1.13 |
Park Place Condominiums | 2 BEDROOM A | 2BR,1BA | $1.00 |
Stoney Creek Townhomes | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.07 |
Pheasant View Apartments | 1 BEDROOM | 1BR,1BA | $0.98 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Monroe, SD Rentals by Map
See the most popular apartments and homes in Monroe, SD
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 $770 at 41st Street Commons.
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 Bentwood Manor Apartments.
What is the most affordable Monroe Three Bedroom Apartment?
The best deal on a cheap Monroe Three Bedroom Apartment rental is at Forty One Flats and starts from $707.
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.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.