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

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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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

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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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

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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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: 04/28/2026

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$2,880$1,7957
The Farm At Woods Creek$2,880$1,7957
The Summit at Sky Valley$2,880$1,7957

Cheapest Available Monroe Apartments for Rent

 

The cheapest available apartment rental in Monroe, WA is a 2 Beds unit found at Parkside in the The Summit at Sky Valley neighborhood priced from $1,795. Park View Apartments in the The Summit at Sky Valley neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,950. Here is today’s list of the most affordable Monroe apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parkside2x12BR,1BA$1,795
Park View Apartments602-3 Bedroom2BR,2BA$1,950
Terra @ Monroe2x12BR,1BA$2,083

Best Value Apartments for Rent in Monroe, WA

As of April 28, 2026 the best value apartment in the Monroe area is the $2.45 price per square foot 3x1.5 Model at Parkside in the in the The Summit at Sky Valley neighborhood starting from $2,700. The second greatest value Monroe apartment is the 602-3 Bedroom Model at Park View Apartments starting at $1,950 with a $1.82 price per square foot in the The Summit at Sky Valley 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.
Parkside3x1.53BR,1.5BA$2.45
Park View Apartments602-3 Bedroom2BR,2BA$1.82
Terra @ Monroe2x12BR,1BA$2.26

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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, 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 $1,795 at Parkside.

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 $2,570.

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 Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

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.

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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.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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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.