Cheap Apartments for Rent in Monroe, TN from $500 (30 Rentals)

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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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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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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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Mason Greene
1 to 4 Bedroom Apartments

Mason Greene

54 Stokes CtMonticello, KY 42633
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Governors Place
2 to 3 Bedroom Apartments

Governors Place

115 Governors Place LnLivingston, TN 38570
  • Utilities Included
property at 1319 Autumn Ave

$725 - $1,375

1 To 3 Bedroom Rentals

Available Now

1319 Autumn Ave

CookevilleTN38501
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Alluvian Terrace
3 to 4 Bedroom Apartments

Alluvian Terrace

255 Quinland Lake RdCookeville, TN 38506

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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508 E Broad St
1 Bedroom Apartments

508 E Broad St

508 E Broad StCookeville, TN 38501
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Monroe, TN Local Guide

Cheapest Available Monroe Apartments for Rent and Nearby

 

The cheapest available apartment rental in Monroe, TN is a 1 Bed unit found at Mason Greene priced from $574. Eagle Creek Apartments 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
Mason Greene1 Bedroom Apartment1BR,1BA$574
Eagle Creek Apartmentsone bdr basement1BR,1BA$600
River Glow Apartments1BR/1.0BA1BR,1BA$695
Ashton Place Apartments1 BR1BR,1BA$780
Eagle VillageStudioStudio,1BA$800
University TowersStudios1BR,1BA$800
Royce Hill- Income Restrictions ApplyOne Bedroom1BR,1BA$844
Fry Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$849
The Grasslands2 Beds, 1 bath2BR,1BA$850
StonehengeTwo Bed One Bath2BR,1BA$890

Best Value Apartments for Rent in Monroe, TN and Nearby

As of February 04, 2026 the best value apartment in the Monroe area is the $1.08 price per square foot 3 Bedrooms, 2.5 Bathrooms Model at Legends Townhomes in the in the Colonial Village neighborhood starting from $1,999. The second greatest value Monroe apartment is the 1235 Bluebird, Unit B Model at Bluebird Townhomes starting at $1,775 with a $0.99 price per square foot in the Downtown Lebanon 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.
Legends Townhomes3 Bedrooms, 2.5 Bathrooms3BR,2.5BA$1.08
Bluebird Townhomes1235 Bluebird, Unit B4BR,2.5BA$0.99
Cedar City TownhomesUnit 263BR,2.5BA$1.08
The Grasslands3 Beds, 1 bath3BR,1BA$0.86
Fry Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$0.88
Cypress Creek2 Bedroom 2 Bathroom2BR,2BA$0.98
StonehengeTwo Bed Two Bath M2BR,2BA$1.11
Ashton Place Apartments1 BR1BR,1BA$0.93
Royce Hill- Income Restrictions ApplyOne Bedroom1BR,1BA$1.13
Mason Greene1 Bedroom Apartment1BR,1BA$0.96

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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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.

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

Explore Monroe, TN Rentals by Map

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See the most popular apartments and homes in Monroe, TN

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Monroe, TN Apartments Map
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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 $574 at Mason Greene.

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 $849 at Fry Estates Apartments.

What is the most affordable Monroe Three Bedroom Apartment?

The best deal on a cheap Monroe Three Bedroom Apartment rental is at The Grasslands and starts from $950.

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

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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.