Cheap Apartments for Rent near Monrovia, MD from $800 (48 Rentals)

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

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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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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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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Watersville Apartments
Studio to 2 Bedroom Apartments

Watersville Apartments

201 Watersville RdMount Airy, MD 21771
  • Utilities Included
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Princeton Court
Studio to 3 Bedroom Apartments

Princeton Court

5792 Brook Hill LnFrederick, MD 21703
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Brooklawn Apartments
Studio to 3 Bedroom Apartments

Brooklawn Apartments

1001 Carroll PkyFrederick, MD 21701
  • Utilities Included

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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Cain Commons
1 to 2 Bedroom Apartments

Cain Commons

25104 Ridge RdDamascus, MD 20872
Senior Living
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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

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 1-48, 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. Princeton Court in the Airport Industrial Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,224. Here is today’s list of the most affordable Monrovia apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Sinclair WayTwo Bedroom2BR,1BA$886
Princeton CourtStudioStudio,1BA$1,224
Foundry Square Apartments1 Bedroom- Sterling Lodge (Senior 62+)1BR,1BA$1,299
Ox Fibre ApartmentsTwo Bedroom2BR,2BA$1,324
Victoria Park at Walkersville Senior ApartmentsThe Grand2BR,1BA$1,325
The Fields at Rock CreekA11BR,1BA$1,508
The Cascades of Frederick - Ages 62+1 Bedroom, 1 Bathroom1BR,1BA$1,531
Sharpe Square1x11BR,1BA$1,568
Spring Ridge Senior 62+ Apartments1 Bedroom1BR,1BA$1,585
Hamilton Station1 Bed, 1 bath1BR,1BA$1,626

Best Value Apartments for Rent in Monrovia, MD and Nearby

As of July 30, 2026 the best value apartment in the Monrovia area is the $2.00 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 $2,582. The second greatest value Monrovia apartment is the The Moscow Model at Clearbrook Apartments starting at $1,890 with a $1.94 price per square foot in the Taskers Chance 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$2.00
Clearbrook ApartmentsThe Moscow1BR,1BA$1.94
The Reserve at Ballenger Creek2 Bedroom 2 Bath2BR,2BA$2.00
Kingscrest ApartmentsA21BR,1BA$1.91
Potomac Commons1 Bedroom1BR,1BA$1.74
Francis Scott KeyTwo Bedroom/1.5 Bath Affordable2BR,1.5BA$1.78
Victoria Park at Walkersville Senior ApartmentsThe Grand2BR,1BA$1.44
The Fields at Rock CreekA31BR,1BA$2.03
Foundry Square Apartments1 Bedroom- Sterling Lodge (Senior 62+)1BR,1BA$1.92
Sinclair WayOne Bedroom1BR,1BA$1.51

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 Monrovia, MD Rentals by Map

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Frequently Asked Questions about Cheap Monrovia Apartments

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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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.