
Cheap Homes for Rent in Monrovia, MD from $1,500 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Monrovia.


6343 Springwater Terrace

721 Courier Ln

87 Meadowlark Ave
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.

3632 Spring Hollow Ln

5584 Talbot Ct

3814 Purdum Dr

3542 Sprigg St S
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.

723 Courier Ln
Monrovia, MD Local Guide

How much does it cost to rent a home in Monrovia?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monrovia 2 Bedroom Homes for Rent | $2,340 | $2,030 | $2,650 |
| Monrovia 3 Bedroom Homes for Rent | $3,066 | $2,600 | $3,675 |
| Monrovia 4 Bedroom Homes for Rent | $2,981 | $2,600 | $3,600 |
| Monrovia 5 Bedroom Homes for Rent | $4,500 | $4,500 | $4,500 |
| Monrovia 7 Bedroom Homes for Rent | $4,995 | $4,995 | $4,995 |
Browse Top Homes for Rent in Monrovia
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Monrovia, MD Local Guide
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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 Emerald Farm 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sinclair Way | Two Bedroom | 2BR,1BA | $886 |
| Princeton Court | Studio | Studio,1BA | $1,224 |
| Watersville Apartments | One Bedroom | 1BR,1BA | $1,295 |
Best Value Apartments for Rent in Monrovia, MD and Nearby
As of March 13, 2026 the best value apartment in the Monrovia area is the $1.69 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 $2,520. The second greatest value Monrovia apartment is the The Oakley Model at Greenhills Townhomes & Apartments starting at $1,999 with a $1.82 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 | $1.69 |
| Greenhills Townhomes & Apartments | The Oakley | 2BR,1BA | $1.82 |
| Fieldpointe | The Birch | 2BR,2BA | $1.79 |
| Francis Scott Key | Two Bedroom/Two Bath Affordable | 2BR,2BA | $1.81 |
| The Elms at Clarksburg Village | Bennett | 2BR,1BA | $2.02 |
| Potomac Commons | 1 Bedroom | 1BR,1BA | $1.74 |
| Foundry Square Apartments | 2 Bedroom- Iron Hall | 2BR,2BA | $2.05 |
| Clearbrook Apartments | The Sydney | 1BR,1BA | $2.04 |
| Watersville Apartments | One Bedroom | 1BR,1BA | $1.85 |
| 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 ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Monrovia
What type of rentals are currently available in Monrovia?
There are currently 39 Apartments for Rent in Monrovia, MD with pricing that ranges from $886 to $3,800. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monrovia ranging from $1,525 to $4,995.
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 $1,525 to $4,995 with an average monthly rent of $3,234.
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 $3,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,600 to $3,675. Four Bedroom Single-Family rentals are also available starting from $2,600 and Four Bedroom Apartments start at $2,499.
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

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.

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.