
Cheap Apartments for Rent in Monroe, VA from $500 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in Monroe.


The Timbers

Elora Gardens Lynchburg

Rivermont Park

Princeton Circle West Apartments
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.

Bramblewood Apartments

Wesley Apartments - Senior Living Community

Huntingwood Apartments

County Green Apartment Homes
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.

River Lofts West

Walden Pond Apartment Homes

Imperial Tobacco Lofts

824 Floyd St

1512 Cliff St

211 C St
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.

912 Floyd St

213 C St

2025 Rose Ln

4904 Mountain Laurel Dr

508 Stuart St
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.
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 | $866 | $779 | $1,095 |
Monroe 1 Bedroom Apartments | $1,147 | $659 | $2,220 |
Monroe 2 Bedroom Apartments | $1,231 | $799 | $2,319 |
Monroe 3 Bedroom Apartments | $1,542 | $949 | $2,364 |
Browse Top Apartments in Monroe
See all Apartments in MonroeExplore Monroe
Monroe, VA Local Guide
- Nearby Cities
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Cheapest Available Monroe Apartments for Rent and Nearby
 The cheapest available apartment rental in Monroe, VA is a 1 Bed unit found at The Timbers in the Sandusky neighborhood priced from $659. Elora Gardens Lynchburg in the Tate Springs neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $696. Here is today’s list of the most affordable Monroe apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Timbers | 1 Bedroom, 1 Bathroom | 1BR,1BA | $659 |
Elora Gardens Lynchburg | 1 Bedroom | 1BR,1BA | $696 |
Rivermont Park | Studio | Studio,1BA | $749 |
Bramblewood Apartments | 2BR/1.0BA | 2BR,1BA | $799 |
Wesley Apartments - Senior Living Community | Studio (Stair or Ramp Access) | Studio,1BA | $820 |
Best Value Apartments for Rent in Monroe, VA and Nearby
As of September 09, 2025 the best value apartment in the Monroe area is the $0.69 price per square foot 2BR/2.0BA Model at River Lofts West in the in the College Hill neighborhood starting from $1,240. The second greatest value Monroe apartment is the 3 Bed 2.5 Bath Model at The Modern starting at $2,000 with a $1.16 price per square foot in the Wyndhurst 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. |
---|---|---|---|
River Lofts West | 2BR/2.0BA | 2BR,2BA | $0.69 |
The Modern | 3 Bed 2.5 Bath | 3BR,2.5BA | $1.16 |
The Reserve -All Utilities Included&Furnished | 3 Bedroom - All Inclusive | 3BR,3.5BA | $0.58 |
Kendall Square | 3 Bed/ 2 Bath | 3BR,2BA | $0.98 |
Town Center Apartments | 2 Bed/2 Bath Type 1 | 2BR,2BA | $1.20 |
Ivy Creek Apartments | 3BR/1.5BA | 3BR,1.5BA | $0.79 |
Park Place Apartments | 3BR/2BA Renovated | 3BR,2BA | $1.16 |
Walden Pond Apartment Homes | 1 Bedroom with Den | 1BR,1BA | $1.16 |
Bramblewood Apartments | 2BR/1.0BA | 2BR,1BA | $1.00 |
Midtown Lofts | 1 Bed 1 Bath | 1BR,1BA | $1.19 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleMonroe, VA
Ranked #133
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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 $659 at The Timbers.
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 $799 at Bramblewood Apartments.
What is the most affordable Monroe Three Bedroom Apartment?
The best deal on a cheap Monroe Three Bedroom Apartment rental is at Ivy Creek Apartments and starts from $949.
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.