Cheap Apartments for Rent in Monroe, WI from $500 (21 Rentals)

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Alice Place Monroe
Rent Specials
$913 - $1,200
Total Monthly Price

Total Monthly Price

Base Rent
$913 - $1,200
Total Monthly Price
$913 - $1,200
1 to 2 Bedroom Apartments Available Now

Alice Place Monroe

124 County Rd NMonroe, WI 53566
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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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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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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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Showing Results 1-21, Page 1 of 1

Monroe, WI Local Guide

Cheapest Available Monroe Apartments for Rent and Nearby

 

The cheapest available apartment rental in Monroe, WI is a 1 Bed unit found at Alice Place Monroe priced from $913. 201 - 207 West Win Heights has the second lowest priced unit, which is a 2 Beds apartment currently listed from $945. Here is today’s list of the most affordable Monroe apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Alice Place Monroe1 Bedroom1BR,1BA$913
201 - 207 West Win Heights207 - 2 Bed / 1.5 Bath2BR,1BA$945
Prairie BrookC1FStudio,1BA$1,055
Sugar Creek Senior ApartmentsFloor plan E,D,G11BR,1BA$1,075
The Commons of Foxboro101 - 1 Bed / 1 Bath1BR,1BA$1,100

Best Value Apartments for Rent in Monroe, WI and Nearby

As of May 10, 2026 the best value apartment in the Monroe area is the $1.44 price per square foot 2D Model at Murray Glen Townhomes in the in the Outer Verona neighborhood starting from $2,175. The second greatest value Monroe apartment is the C4 Model at Harper Court Townhomes starting at $2,300 with a $1.55 price per square foot in the Outer Verona 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.
Murray Glen Townhomes2D2BR,2.5BA$1.44
Harper Court TownhomesC42BR,2BA$1.55
Prairie Oaks Apartments2 Bedroom 2 Bath2BR,2BA$1.31
Scenic Ridge Apartments2 bed + 2 bath Unit A + Bonus Room2BR,2BA$1.58
Sugar Creek Senior ApartmentsC2BR,2BA$1.61
201 - 207 West Win Heights201 - 2 Bed / 2 Bath2BR,2BA$1.04
509 S Perry Parkway509 2 Bed 1 Bath2BR,1BA$1.62
The Commons of Foxboro101 - 1 Bed / 1 Bath1BR,1BA$1.38
Klassik1x11BR,1BA$1.62
Alice Place Monroe1 Bedroom1BR,1BA$1.38

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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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!

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Frequently Asked Questions about Cheap Monroe Apartments

What is the Cheapest Studio apartment in Monroe?

Currently the most affordable Cheap Studio Apartment in Monroe is at Prairie Brook listed at $1,055.

How much is rent for a Cheap One Bedroom Monroe Apartment?

The lowest price for a Cheap One Bedroom Monroe Apartment is $913 at Alice Place 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 $945 at 201 - 207 West Win Heights.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

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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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.