Cheap Apartments for Rent in Monroe, WI from $500 (46 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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The Commons of Foxboro
Rent Specials
$1,050 - $2,095
Total Monthly Price

Total Monthly Price

Base Rent
$1,050 - $2,095
Total Monthly Price
$1,050 - $2,095
Studio to 3 Bedroom Apartments Available Now

The Commons of Foxboro

218 Wolfe StOregon, WI 53575
  • Verified
  • Customer Reviewed
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Evia Apartments
1 to 2 Bedroom Apartments

Evia Apartments

325 Prairie Way BlvdVerona, WI 53593
Senior Living
  • Utilities Included

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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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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Twin Peaks
2 Bedroom Apartments

Twin Peaks

881-889 Janesville StOregon, WI 53575
  • Utilities Included
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298 Prairie View St
2 Bedroom Apartments

298 Prairie View St

298 Prairie View StOregon, WI 53575
  • Utilities Included

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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Showing Results 1-46, 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 Landsby Ridge priced from $663. Alice Place Monroe in the Green County neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $913. Here is today’s list of the most affordable Monroe apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Landsby RidgeA11BR,1BA$663
Alice Place Monroe1 Bedroom1BR,1BA$913
Prairie BrookC2FStudio,1BA$1,075
Sugar Creek Senior ApartmentsFloor plan E,D,G11BR,1BA$1,075
The Commons of Foxboro101 - 1 Bed / 1 Bath1BR,1BA$1,100
Klassik1x11BR,1BA$1,164
Berkley Road Apartments22BR,1BA$1,295
Indrive ApartmentsTWO2BR,1BA$1,300
Brookstone Manor2x12BR,1BA$1,345
Prairie Oaks II Senior Apartments2 Bed/ 1 Bath - A2BR,1BA$1,390

Best Value Apartments for Rent in Monroe, WI and Nearby

As of August 09, 2026 the best value apartment in the Monroe area is the $1.37 price per square foot Townhouse Model at Prairie Oaks Apartments in the in the Outer Verona neighborhood starting from $2,195. The second greatest value Monroe apartment is the 2D Model at Murray Glen Townhomes starting at $2,175 with a $1.44 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.
Prairie Oaks ApartmentsTownhouse2BR,1.5BA$1.37
Murray Glen Townhomes2D2BR,2.5BA$1.44
Harper Court TownhomesC42BR,2BA$1.55
The West End2 Bed + Loft2BR,2BA$1.47
Westridge ApartmentsA2BR,2BA$1.60
Prairie Oaks II Senior Apartments2 Bed/ 1 Bath - A2BR,1BA$1.50
Landsby RidgeB12BR,1BA$0.88
Berkley Road Apartments22BR,1BA$1.44
Klassik1x11BR,1BA$1.55
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!

Explore Monroe, WI Rentals by Map

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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 $1,075.

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

The lowest price for a Cheap One Bedroom Monroe Apartment is $663 at Landsby Ridge.

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 $794 at Landsby Ridge.

What is the most affordable Monroe Three Bedroom Apartment?

The best deal on a cheap Monroe Three Bedroom Apartment rental is at Klassik and starts from $1,543.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.