Cheap Apartments for Rent in Monroe, WA from $1,000 (28 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
404 Railroad Ave
1 to 2 Bedroom Apartments

404 Railroad Ave

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

341 W Elizabeth St

341 W Elizabeth 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.

Read Article
close
View Me
Arbor Heights
2 Bedroom Apartments

Arbor Heights

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

349 N Kelsey St

349 N Kelsey 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.

Read Article
close
View Me
212 S Blakely St
1 to 2 Bedroom Apartments

212 S Blakely St

212 S Blakely StMonroe, WA 98272
close
View Me
351 Polk Ln
Studio Apartments

351 Polk Ln

351 Polk LnMonroe, WA 98272
close
View Me
Monroe Hospital
1 Bedroom Apartments

Monroe Hospital

126 W Main 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.

Read Article
close
View Me
Cherry Creek
1 to 3 Bedroom Apartments

Cherry Creek

520 S Kelsey StMonroe, WA 98272
close
View Me
Village Way
Studio to 1 Bedroom Apartments

Village Way

936 Village WayMonroe, WA 98272
close
View Me
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.

Read Article
Showing Results 1-28, Page 1 of 1

Monroe, WA Local Guide

Cheapest Neighborhoods for Apartments in Monroe, WA

Pricing Updated: 01/24/2026

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$2,801$1,05110
The Farm At Woods Creek$2,801$1,05110
The Summit at Sky Valley$2,801$1,05110

Cheapest Available Monroe Apartments for Rent

 

The cheapest available apartment rental in Monroe, WA is a 1 Bed unit found at Terra @ Monroe in the The Summit at Sky Valley neighborhood priced from $1,823. Parkside in the The Summit at Sky Valley neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,875. Here is today’s list of the most affordable Monroe apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Terra @ Monroe1x11BR,1BA$1,823
Parkside2x1 - B12BR,1BA$1,875
The Lake ApartmentsThe Lake Apartments - C2013BR,2BA$2,500

Best Value Apartments for Rent in Monroe, WA

As of January 25, 2026 the best value apartment in the Monroe area is the $2.52 price per square foot The Lake Apartments - B102 Model at The Lake Apartments in the in the The Summit at Sky Valley neighborhood starting from $2,600. The second greatest value Monroe apartment is the 2x1 - B1 Model at Parkside starting at $1,875 with a $2.21 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.
The Lake ApartmentsThe Lake Apartments - B1023BR,2BA$2.52
Parkside2x1 - B12BR,1BA$2.21
Terra @ Monroe1x11BR,1BA$2.40

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 Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Monroe, WA Rentals by Map

Decorative image of map

See the most popular apartments and homes in Monroe, WA

View Map
Monroe, WA Apartments Map
View Map
Monroe, WA Rental Homes Map

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 $1,820 at Terra @ Monroe.

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 $1,875 at Parkside.

What is the most affordable Monroe Three Bedroom Apartment?

The best deal on a cheap Monroe Three Bedroom Apartment rental is at The Lake Apartments and starts from $2,500.

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 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.