
Cheap Apartments for Rent near Monroe, VA from $500 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in Monroe.


Total Monthly Price
The Timbers

Total Monthly Price
Rivermont Park

Total Monthly Price
Wesley Apartments - Senior Living Community

Total Monthly Price
Charanne

Total Monthly Price
Dumont Apartments

Total Monthly Price
McCausland Ridge
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.

Total Monthly Price
Bramblewood Apartments

Total Monthly Price
Elora Gardens Lynchburg

Total Monthly Price
Jobbers Overall

Total Monthly Price
Princeton Circle West Apartments

Church Street Townhomes

500 Euclid Avenue

Huntingwood Apartments
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.

381 Main St

183 Clark St

103 Williams Rd

107 Williams Rd

117 Williams Rd

105 Williams Rd

Holland House
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.

155 Pomona Dr

912 Floyd St

River Lofts West

Lakeside Plaza Apartments

Midtown Lofts

1112 Bedford Ave

408 Westmoreland Pl
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.

Midpoint
Monroe, VA Local Guide

How much does it cost to rent an apartment in Monroe?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monroe Studio Apartments | $924 | $784 | $1,095 |
| Monroe 1 Bedroom Apartments | $1,173 | $684 | $2,107 |
| Monroe 2 Bedroom Apartments | $1,283 | $795 | $2,362 |
| Monroe 3 Bedroom Apartments | $1,493 | $880 | $2,606 |
| Monroe 4 Bedroom Apartments | $2,050 | $1,800 | $2,300 |
Browse Top Apartments in Monroe
See all Apartments in MonroeExplore Monroe
Monroe, VA Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Monroe Apartments for Rent and Nearby
 The cheapest available apartment rental in Monroe, VA is a 1 Bed unit found at Miller's Rest Apartments in the Wyndhurst neighborhood priced from $684. The Timbers in the Sandusky neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $714. Here is today’s list of the most affordable Monroe apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Miller's Rest Apartments | Rhine | 1BR,1BA | $684 |
| The Timbers | 1 Bedroom, 1 Bathroom | 1BR,1BA | $714 |
| Wesley Apartments - Senior Living Community | Studio (UFAS/Accesible) | Studio,1BA | $790 |
| Bramblewood Apartments | 2BR/1.0BA | 2BR,1BA | $849 |
| Elora Gardens Lynchburg | 1 Bedroom | 1BR,1BA | $854 |
| Rivermont Park | 1 Bedroom, 1 Bath | 1BR,1BA | $884 |
| 500 Euclid Avenue | 500 | 1BR,1BA | $895 |
| Huntingwood Apartments | 1 bd | 1BR,1BA | $895 |
| 1701 12th Street | 1701 12th Street - 405 | Studio,1BA | $925 |
| Park Place Apartments | 2BR/2BA | 2BR,2BA | $995 |
Best Value Apartments for Rent in Monroe, VA and Nearby
As of July 29, 2026 the best value apartment in the Monroe area is the $0.97 price per square foot 3 Bed/ 2 Bath Model at Kendall Square in the in the Wyndhurst neighborhood starting from $1,375. The second greatest value Monroe apartment is the 3 Bed/2 Bath Type 1 Model at Town Center Apartments starting at $1,650 with a $1.22 price per square foot . 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. |
|---|---|---|---|
| Kendall Square | 3 Bed/ 2 Bath | 3BR,2BA | $0.97 |
| Town Center Apartments | 3 Bed/2 Bath Type 1 | 3BR,2BA | $1.22 |
| Logans Landing | 2 Bedrooms 2 Bath w/Sunroom | 2BR,2BA | $1.17 |
| County Green Apartment Homes | 3 Beds, 2 baths | 3BR,2BA | $1.00 |
| Walden Pond Apartment Homes | 2 Bedroom with Den | 2BR,1.5BA | $1.09 |
| Park Place Apartments | 3BR/Den | 3BR,2BA | $1.12 |
| Forestbrook Apartments | 3 Bed/ 2 Bath | 3BR,2BA | $1.01 |
| Miller's Rest Apartments | Pritchell | 2BR,2BA | $0.85 |
| Church Street Townhomes | 2 Bedroom, 1 Bathroom | 2BR,1BA | $1.24 |
| Bramblewood Apartments | 2BR/1.0BA | 2BR,1BA | $1.06 |
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 ArticleReal 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 ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Monroe, VA Rentals by Map
See the most popular apartments and homes in Monroe, VA
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 $684 at Miller's Rest Apartments.
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 $808 at Miller's Rest Apartments.
What is the most affordable Monroe Three Bedroom Apartment?
The best deal on a cheap Monroe Three Bedroom Apartment rental is at Bramblewood Apartments and starts from $880.
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

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.

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.

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.