Cheap Apartments for Rent near Monrovia, MD from $1,105 (45 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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 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.

Read Article

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.

Read Article

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.

Read Article
property at 73 W Main St
$2,695

Total Monthly Price

Base Rent$2,695
Total Monthly Price$2,695
3 Bedroom, 1.5 Bath Home for Rent
Available Oct 1
Furnished

73 W Main St

New MarketMD21774
  • Smoke Free
close
View Me
Watersville Apartments
Studio to 2 Bedroom Apartments

Watersville Apartments

201 Watersville RdMount Airy, MD 21771
  • 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.

Read Article
close
View Me
Princeton Court
Studio to 3 Bedroom Apartments

Princeton Court

5792 Brook Hill LnFrederick, MD 21703
  • Utilities Included
close
View Me
Cain Commons
1 to 2 Bedroom Apartments

Cain Commons

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

105 E Church St

105 E Church StFrederick, MD 21701
  • Utilities Included
close
View Me
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.

Read Article
Showing Results 1-45, 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 Studio unit found at Princeton Court in the Airport Industrial Park neighborhood priced from $1,224. Foundry Square Apartments in the Taskers Chance neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,299. Here is today’s list of the most affordable Monrovia apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Princeton CourtStudioStudio,1BA$1,224
Foundry Square Apartments1 Bedroom- Sterling Lodge (Senior 62+)1BR,1BA$1,299
Ox Fibre ApartmentsTwo Bedroom2BR,2BA$1,324
Sinclair WayOne Bedroom1BR,1BA$1,494
The Cascades of Frederick - Ages 62+1 Bedroom, 1 Bathroom1BR,1BA$1,531
Victoria Park at Walkersville Senior ApartmentsThe Grand2BR,1BA$1,550
The Junction (MD)1H1BR,1BA$1,550
Spring Ridge Senior 62+ Apartments1 Bedroom1BR,1BA$1,585
Francis Scott KeyTwo Bedroom/1.5 Bath Affordable2BR,1BA$1,648
Applegate1 Bedroom1BR,1BA$1,649

Best Value Apartments for Rent in Monrovia, MD and Nearby

As of September 14, 2026 the best value apartment in the Monrovia area is the $1.82 price per square foot 3 Bedroom Townhome Model at Potomac Commons in the in the Taskers Chance neighborhood starting from $2,509. The second greatest value Monrovia apartment is the The Elm Model at Fieldpointe starting at $2,404 with a $2.01 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.
Potomac Commons3 Bedroom Townhome3BR,1.5BA$1.82
FieldpointeThe Elm3BR,2BA$2.01
The Retreat at Market Square2C2BR,2BA$2.02
Clearbrook ApartmentsThe Montreal2BR,2BA$1.99
Elms Clarksburg VillageAshford w/ Loft1BR,1BA$2.05
The Reserve at Ballenger Creek2 Bedroom 2 Bath2BR,2BA$1.97
Francis Scott KeyTwo Bedroom/1.5 Bath Affordable2BR,1.5BA$1.78
Prospect Hall ApartmentsWilde1BR,1BA$2.13
Victoria Park at Walkersville Senior ApartmentsThe Grand2BR,1BA$1.68
Spring Ridge Senior 62+ Apartments1 Bedroom1BR,1BA$2.11

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

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article

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.

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 Monrovia, MD Rentals by Map

Decorative image of map

See the most popular apartments and homes in Monrovia, MD

View Map
Monrovia, MD Apartments Map
View Map
Monrovia, MD Rental Homes Map

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 $1,299 at Foundry Square Apartments.

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 $1,324 at Ox Fibre Apartments.

What is the most affordable Monrovia Three Bedroom Apartment?

The best deal on a cheap Monrovia Three Bedroom Apartment rental is at Ox Fibre Apartments and starts from $1,950.

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

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.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.