1407 N Main St
Mount AiryMD21771
Cheap Homes for Rent in Monrovia, MD from $1,600 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Monrovia.
5742 Meadowood St
New MarketMD21774
5621 Queen Anne Ct
New MarketMD21774
5936 Etterbeek St
IjamsvilleMD21754
6631 Beach Dr
New MarketMD21774
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.
6135 Newport Terrace
FrederickMD21701
5707 Joseph Ct
New MarketMD21774
3640 Holborn Pl
FrederickMD21704
212 Pomegranate Ln
FrederickMD21701
6630 Commodore Ct
New MarketMD21774
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.
Showing Results 1-10, Page 1 of 1
Monrovia, MD Local Guide
Smith Island Cake by Jane Thomas is licensed under CC BY 2.0
How much does it cost to rent a home in Monrovia?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monrovia 2 Bedroom Homes for Rent | $2,450 | $2,450 | $2,450 |
| Monrovia 3 Bedroom Homes for Rent | $2,886 | $2,500 | $3,300 |
| Monrovia 4 Bedroom Homes for Rent | $3,468 | $3,000 | $4,400 |
| Monrovia 5 Bedroom Homes for Rent | $4,024 | $3,200 | $4,600 |
Browse Top Homes for Rent in Monrovia
Explore Monrovia
Monrovia, MD Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sinclair Way | Two Bedroom | 2BR,1BA | $886 |
| Ox Fibre Apartments | One Bedroom | 1BR,1BA | $1,105 |
| Princeton Court | Studio | Studio,1BA | $1,224 |
Best Value Apartments for Rent in Monrovia, MD and Nearby
As of June 22, 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 $2,554. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Village Center Apartments At Wormans Mill* | 2 Bedroom, 2 Bath | 2BR,2BA | $1.98 |
| Greenhills Townhomes & Apartments | Oakley 2 BR 1BA APT | 2BR,1BA | $1.59 |
| The Reserve at Ballenger Creek | 2 Bedroom 2 Bath | 2BR,2BA | $2.08 |
| Potomac Commons | 1 Bedroom | 1BR,1BA | $1.84 |
| Foundry Square Apartments | 2 Bedroom- Iron Hall | 2BR,2BA | $2.05 |
| Francis Scott Key | Two Bedroom/1.5 Bath (TC) | 2BR,1.5BA | $1.78 |
| Prospect Hall Apartments | Wilde | 1BR,1BA | $2.13 |
| Victoria Park at Walkersville Senior Apartments | The Grand | 2BR,1BA | $1.79 |
| Spring Ridge Senior 62+ Apartments | 1 Bedroom | 1BR,1BA | $2.11 |
| Sinclair Way | One Bedroom | 1BR,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.
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 ArticleQuick 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.
Let everyone know!
Do you know the Monrovia area?
If you’re an expert on all things Monrovia, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Monrovia, MD Rentals by Map
See the most popular apartments and homes in Monrovia, MD
Frequently Asked Questions about Monrovia
What type of rentals are currently available in Monrovia?
There are currently 44 Apartments for Rent in Monrovia, MD with pricing that ranges from $886 to $3,485. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monrovia ranging from $1,650 to $4,600.
What is the current price range for Rental Homes in Monrovia?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Monrovia ranges from $1,650 to $4,600 with an average monthly rent of $2,895.
How much are larger Three and Four Bedroom Rentals in Monrovia?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Monrovia range from $998 to $3,433, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,500 to $3,300. Four Bedroom Single-Family rentals are also available starting from $3,000 and Four Bedroom Apartments start at $2,539.
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
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.
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.
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.
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.