
Cheap Homes for Rent in Monroe, VA from $500 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Monroe.


117 Williams Rd

107 Williams Rd

209 Clark St
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.

912 Floyd St

901 Jefferson St

1112 Bedford Ave

103 Willow St
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.

111 McBrandon Dr
Monroe, VA Local Guide

How much does it cost to rent a home in Monroe?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monroe 2 Bedroom Homes for Rent | $962 | $795 | $1,195 |
| Monroe 3 Bedroom Homes for Rent | $1,414 | $600 | $1,845 |
| Monroe 4 Bedroom Homes for Rent | $1,905 | $1,700 | $2,200 |
| Monroe 5 Bedroom Homes for Rent | $1,686 | $535 | $3,000 |
Browse Top Homes for Rent in Monroe
Explore Monroe
Monroe, VA Local Guide
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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 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 (Stair Access) | Studio,1BA | $790 |
Best Value Apartments for Rent in Monroe, VA and Nearby
As of May 31, 2026 the best value apartment in the Monroe area is the $1.01 price per square foot 3 Bed/ 2 Bath Model at Kendall Square in the in the Wyndhurst neighborhood starting from $1,430. The second greatest value Monroe apartment is the 3BR/1.5BA Model at Ivy Creek Apartments starting at $949 with a $0.79 price per square foot in the Sandusky 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. |
|---|---|---|---|
| Kendall Square | 3 Bed/ 2 Bath | 3BR,2BA | $1.01 |
| Ivy Creek Apartments | 3BR/1.5BA | 3BR,1.5BA | $0.79 |
| Forestbrook Apartments | 3 Bed/ 2 Bath with Den | 3BR,2BA | $1.02 |
| Park Place Apartments | 2BR/2BA Renovated | 2BR,2BA | $1.13 |
| Miller's Rest Apartments | Pritchell | 2BR,2BA | $0.85 |
| 317 Grove Street | 2 Bedroom 1 Bath - 48746 | 2BR,1BA | $0.97 |
| Bramblewood Apartments | 3BR/1.0BA | 3BR,1BA | $0.89 |
| McCausland Ridge | 2BR/1.0BA | 2BR,1BA | $0.94 |
| Midtown on 12th | Studio | Studio ,1BA | $1.07 |
| Dumont Apartments | 1BR/1.0BA | 1BR,1BA | $1.00 |
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!
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See the most popular apartments and homes in Monroe, VA
Frequently Asked Questions about Monroe
What type of rentals are currently available in Monroe?
There are currently 61 Apartments for Rent in Monroe, VA with pricing that ranges from $684 to $2,574. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monroe ranging from $535 to $3,000.
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 $535 to $3,000 with an average monthly rent of $1,297.
How much are larger Three and Four Bedroom Rentals in Monroe?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Monroe range from $900 to $2,574, while Three Bedroom Homes, Condos, and Townhomes for rent range from $600 to $1,845. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $1,750.
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

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.