623 S Prairie Ave
Sioux FallsSD57104
Cheap Homes for Rent in Monroe, SD from $700 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Monroe.
5600 W Bakker Park Dr
Sioux FallsSD57106
3506 S Sertoma Ave
Sioux FallsSD57106
7442 S Louise Ave
Sioux FallsSD57108
527 S Hawthorne Ave
Sioux FallsSD57104
801 S West Ave
Sioux FallsSD57104
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.
7107 56th St
Sioux FallsSD57106
7450 S Louise Ave
Sioux FallsSD57108
315 Jerry Pl
TeaSD57064
3600 W 93rd St
Sioux FallsSD57108
234 Elmwood Ave
Sioux FallsSD57104
2012-2012 S Covell Ave
Sioux FallsSD57105
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.
7434 S Louise Ave
Sioux FallsSD57108
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Monroe, SD Local Guide
South Dakota rural scene by Rawpixel Ltd is licensed under CC BY 2.0
How much does it cost to rent a home in Monroe?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monroe 2 Bedroom Homes for Rent | $1,445 | $1,095 | $2,400 |
| Monroe 3 Bedroom Homes for Rent | $1,826 | $899 | $2,900 |
| Monroe 4 Bedroom Homes for Rent | $1,805 | $899 | $2,795 |
| Monroe 5 Bedroom Homes for Rent | $4,495 | $4,495 | $4,495 |
Browse Top Homes for Rent in Monroe
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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 1 Bed unit found at Forty One Flats priced from $510. Teak in the Western Mall neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $777. Here is today’s list of the most affordable Monroe apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Forty One Flats | 1 Bedroom 1 Bathroom | 1BR,1BA | $510 |
| Teak | 1 BR Renovated | 1BR,1BA | $777 |
| Bentwood Manor Apartments | The Aspen | 1BR,1BA | $785 |
| Hillcrest Heights Apartments | 1 Bedroom 1 Bathroom Apartment | 1BR,1BA | $797 |
| Heritage Place Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $825 |
Best Value Apartments for Rent in Monroe, SD and Nearby
As of November 02, 2025 the best value apartment in the Monroe area is the $1.02 price per square foot 2 Bedroom 2.5 Bathroom Townhome Model at 29 Flats in the in the Southwest Sioux Falls neighborhood starting from $1,323. The second greatest value Monroe apartment is the 2bd2ba Model at Saddle Creek Townhomes starting at $1,150 with a $1.02 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. |
|---|---|---|---|
| 29 Flats | 2 Bedroom 2.5 Bathroom Townhome | 2BR,2.5BA | $1.02 |
| Saddle Creek Townhomes | 2bd2ba | 2BR,2BA | $1.02 |
| Boulder Creek Apartments | 2bd2ba | 2BR,2BA | $1.04 |
| West Briar | 2 Bedroom 1 Bath | 2BR,1BA | $0.87 |
| Regency Place Apartments | 2bd2ba 1012sf | 2BR,2BA | $1.01 |
| Teak | 2 BR Light Renovation | 2BR,1BA | $0.95 |
| Heritage Place Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $0.92 |
| Park Place Condominiums | 2 BEDROOM A | 2BR,1BA | $1.00 |
| Pheasant View Apartments | 1 BEDROOM | 1BR,1BA | $0.98 |
| Forty One Flats | 1 Bedroom 1 Bathroom | 1BR,1BA | $0.85 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read Article
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 ArticleThe 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.
Read ArticleQuick Rent Budget Calculator
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Explore Monroe, SD Rentals by Map
See the most popular apartments and homes in Monroe, SD
Frequently Asked Questions about Monroe
What type of rentals are currently available in Monroe?
There are currently 40 Apartments for Rent in Monroe, SD with pricing that ranges from $399 to $2,635. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monroe ranging from $750 to $4,495.
What is the current price range for Rental Homes in Monroe?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Monroe ranges from $750 to $4,495 with an average monthly rent of $2,154.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.