Cheap Apartments for Rent in Monrovia, MD from $800 (53 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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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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Princeton Court
Studio to 3 Bedroom Apartments

Princeton Court

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

Brooklawn Apartments

1001 Carroll PkyFrederick, MD 21701
  • Utilities Included
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Cain Commons
1 to 2 Bedroom Apartments

Cain Commons

25104 Ridge RdDamascus, MD 20872
Senior Living
  • Utilities Included

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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105 E Church St
1 to 2 Bedroom Apartments

105 E Church St

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

Bottling Plant

1707 N Market StFrederick, MD 21701

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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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. Ox Fibre Apartments in the Frederick Research Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,105. Here is today’s list of the most affordable Monrovia apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Sinclair WayTwo Bedroom2BR,1BA$886
Ox Fibre ApartmentsOne Bedroom1BR,1BA$1,105
Princeton CourtStudioStudio,1BA$1,224
Hamilton Station1 Bed, 1 bath1BR,1BA$1,338
The Cascades of Frederick - Ages 62+1 Bedroom, 1 Bathroom1BR,1BA$1,531
Sharpe Square Apartments-62+ Seniors1x11BR,1BA$1,568
Spring Ridge Senior 62+ Apartments1 Bedroom1BR,1BA$1,585
Francis Scott KeyTwo Bedroom/Two Bath Affordable2BR,2BA$1,648
Bainbridge Cabin BranchS2Studio,1BA$1,649
Victoria Park at Walkersville Senior ApartmentsThe Grand2BR,1BA$1,650

Best Value Apartments for Rent in Monrovia, MD and Nearby

As of June 15, 2026 the best value apartment in the Monrovia area is the $1.98 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 $2,552. The second greatest value Monrovia apartment is the Oakley 2 BR 1BA APT Model at Greenhills Townhomes & Apartments starting at $1,750 with a $1.59 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$1.98
Greenhills Townhomes & ApartmentsOakley 2 BR 1BA APT2BR,1BA$1.59
The Reserve at Ballenger Creek2 Bedroom 2 Bath2BR,2BA$2.04
Potomac Commons1 Bedroom1BR,1BA$1.79
Foundry Square Apartments2 Bedroom- Iron Hall2BR,2BA$2.05
Francis Scott KeyTwo Bedroom/1.5 Bath (TC)2BR,1.5BA$1.78
Prospect Hall ApartmentsWilde1BR,1BA$2.13
Victoria Park at Walkersville Senior ApartmentsThe Grand2BR,1BA$1.79
Spring Ridge Senior 62+ Apartments1 Bedroom1BR,1BA$2.11
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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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:
Location, Location, Location!

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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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.