Cheap Apartments for Rent in Monroe, WA from $1,700 (44 Rentals)

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Search the lowest-cost Apartments available for rent right now in Monroe.

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404 Railroad Ave
1 to 2 Bedroom Apartments

404 Railroad Ave

404 Railroad AveMonroe, WA 98272
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341 W Elizabeth St
2 to 3 Bedroom Apartments

341 W Elizabeth St

341 W Elizabeth StMonroe, WA 98272

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.

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Arbor Heights
2 Bedroom Apartments

Arbor Heights

16725 167th AveMonroe, WA 98272
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349 N Kelsey St
1 Bedroom Apartments

349 N Kelsey St

349 N Kelsey StMonroe, WA 98272

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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351 Polk Ln
Studio Apartments

351 Polk Ln

351 Polk LnMonroe, WA 98272
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212 S Blakely St
1 to 2 Bedroom Apartments

212 S Blakely St

212 S Blakely StMonroe, WA 98272

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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524 Terrace St
2 to 3 Bedroom Apartments

524 Terrace St

524 Terrace StMonroe, WA 98272
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Canoe Club
Studio Apartments

Canoe Club

18621 Blueberry LnMonroe, WA 98272
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356 Elizabeth St
2 Bedroom Apartments

356 Elizabeth St

356 Elizabeth StMonroe, WA 98272
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600 Elizabeth St
2 Bedroom Apartments

600 Elizabeth St

600 Elizabeth StMonroe, WA 98272

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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Monroe Hospital
1 Bedroom Apartments

Monroe Hospital

126 W Main StMonroe, WA 98272
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Village Way
Studio to 1 Bedroom Apartments

Village Way

936 Village WayMonroe, WA 98272
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Cherry Creek
1 to 3 Bedroom Apartments

Cherry Creek

520 S Kelsey StMonroe, WA 98272
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17614 W Main St
2 Bedroom Apartments

17614 W Main St

17614 W Main StMonroe, WA 98272

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.

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Sky River Apartments
2 to 3 Bedroom Apartments

Sky River Apartments

626 Terrace StMonroe, WA 98272
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Fairview
2 Bedroom Apartments

Fairview

14624 179th Ave SEMonroe, WA 98272
Showing Results 1-44, Page 1 of 1

Monroe, WA Local Guide

Cheapest Neighborhoods for Apartments in Monroe, WA

Pricing Updated: 06/13/2026

Current apartment rentals in the Monroe, WA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Monroe Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Lords Lake$2,233$1,79515
The Farm At Woods Creek$2,233$1,79515
The Summit at Sky Valley$2,233$1,79515

Cheapest Available Monroe Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Terra @ Monroe2x2 B2BR,2BA$1,813

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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Real 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.

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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, WA Rentals by Map

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See the most popular apartments and homes in Monroe, WA

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Frequently Asked Questions about Cheap Monroe 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 $1,813 at Terra @ Monroe.

What is the most affordable Monroe Three Bedroom Apartment?

The best deal on a cheap Monroe Three Bedroom Apartment rental is at Terra @ Monroe and starts from $1,918.

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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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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.