Cheap Apartments for Rent in Monrovia, MD from $800 (44 Rentals)

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

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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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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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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Hamilton Station
1 to 3 Bedroom Apartments

Hamilton Station

33 Hamilton AveFrederick, MD 21701
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Cain Commons
1 to 2 Bedroom Apartments

Cain Commons

25104 Ridge RdDamascus, MD 20872
Senior Living
  • Utilities Included
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105 E Church St
1 to 2 Bedroom Apartments

105 E Church St

105 E Church StFrederick, MD 21701
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Bottling Plant
1 to 3 Bedroom Apartments

Bottling Plant

1707 N Market StFrederick, MD 21701

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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Showing Results 1-44, Page 1 of 1

Monrovia, MD Local Guide

Cheapest Available Monrovia Apartments for Rent and Nearby

 

The cheapest available apartment rental in Monrovia, MD is a 2 Beds unit found at Sinclair Way in the Taskers Chance neighborhood priced from $886. Watersville Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,195. Here is today’s list of the most affordable Monrovia apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Sinclair WayTwo Bedroom2BR,1BA$886
Watersville ApartmentsOne Bedroom1BR,1BA$1,195
Princeton CourtStudioStudio,1BA$1,224
Ox Fibre ApartmentsOne Bedroom1BR,1BA$1,388
The Cascades of Frederick - Ages 62+1 Bedroom, 1 Bathroom1BR,1BA$1,531
Spring Ridge Senior 62+ Apartments1 Bedroom1BR,1BA$1,585
Foundry Square Apartments1 Bedroom- Iron Hall1BR,1BA$1,602
Bainbridge Cabin BranchA11BR,1BA$1,621
Francis Scott KeyTwo Bedroom/Two Bath Affordable2BR,2BA$1,648
Victoria Park at Walkersville Senior ApartmentsThe Grand2BR,1BA$1,650

Best Value Apartments for Rent in Monrovia, MD and Nearby

As of April 24, 2026 the best value apartment in the Monrovia area is the $1.67 price per square foot 2 Bedroom, 2 Bath Model at The Village Center Apartments At Wormans Mill* in the in the Sun Meadow neighborhood starting from $2,490. The second greatest value Monrovia apartment is the Oakley 2 BR 1BA APT Model at Greenhills Townhomes & Apartments starting at $1,985 with a $1.80 price per square foot in the Windsor Knolls neighborhood. Here is today’s list of the best values for Monrovia apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Village Center Apartments At Wormans Mill*2 Bedroom, 2 Bath2BR,2BA$1.67
Greenhills Townhomes & ApartmentsOakley 2 BR 1BA APT2BR,1BA$1.80
Victoria Park at Walkersville Senior ApartmentsThe Grand2BR,1BA$1.59
Potomac Commons1 Bedroom1BR,1BA$1.88
Francis Scott KeyTwo Bedroom/1.5 Bath (TC)2BR,1.5BA$1.94
Prospect Hall ApartmentsWilde1BR,1BA$2.13
Clearbrook ApartmentsThe Amsterdam1BR,1BA$2.02
Foundry Square Apartments1 Bedroom- Iron Hall1BR,1BA$2.15
Watersville ApartmentsOne Bedroom1BR,1BA$1.71
Sinclair WayOne Bedroom1BR,1BA$1.51

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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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:
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Explore Monrovia, MD Rentals by Map

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See the most popular apartments and homes in Monrovia, MD

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Frequently Asked Questions about Cheap Monrovia Apartments

What is the Cheapest Studio apartment in Monrovia?

Currently the most affordable Cheap Studio Apartment in Monrovia is at Princeton Court listed at $1,224.

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

The lowest price for a Cheap One Bedroom Monrovia Apartment is $1,015 at Sinclair Way.

What is the lowest price for a Cheap Two Bedroom Monrovia Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Monrovia is starting from $886 at Sinclair Way.

What is the most affordable Monrovia Three Bedroom Apartment?

The best deal on a cheap Monrovia Three Bedroom Apartment rental is at Sinclair Way and starts from $998.

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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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.