Cheap Homes for Rent in Monrovia, MD from $2,200 (7 Rentals)

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

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Monrovia, MD Local Guide

Cheapest Available Monrovia Apartments for Rent and Nearby

 

The cheapest available apartment rental in Monrovia, MD is a 1 Bed unit found at Watersville Apartments priced from $1,295. Foundry Square (Senior 62+) 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
Watersville ApartmentsOne Bedroom1BR,1BA$1,295
Foundry Square (Senior 62+)1 Bedroom- Sterling Lodge (Senior 62+)1BR,1BA$1,299
The Cascades of Frederick - Ages 62+1 Bedroom, 1 Bathroom1BR,1BA$1,375

Best Value Apartments for Rent in Monrovia, MD and Nearby

As of June 28, 2025 the best value apartment in the Monrovia area is the $1.75 price per square foot The Oakley Model at Greenhills Townhomes & Apartments in the in the Windsor Knolls neighborhood starting from $1,929. The second greatest value Monrovia apartment is the 2BR 2BA (1020sf) Model at The Apartments at Wellington Trace starting at $2,062 with a $2.02 price per square foot in the Ballenger Creek 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.
Greenhills Townhomes & ApartmentsThe Oakley2BR,1BA$1.75
The Apartments at Wellington Trace2BR 2BA (1020sf)2BR,2BA$2.02
Brooklawn Apartments2 Bed-2 Bath w/balcony2BR,2BA$1.80
Century ClearbrookThe Barcelona1BR,1BA$1.96
Potomac Commons1 Bedroom1BR,1BA$1.83
Watersville ApartmentsOne Bedroom1BR,1BA$1.85
Sharpe Square Apartments-62+ Seniors1 bed1BR,1BA$2.05
Foundry Square (Senior 62+)1 Bedroom- Sterling Lodge (Senior 62+)1BR,1BA$1.92
Sinclair WayOne Bedroom1BR,1BA$2.05
The Cascades of Frederick - Ages 62+1 Bedroom, 1 Bathroom1BR,1BA$2.08

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Frequently Asked Questions about Monrovia

What type of rentals are currently available in Monrovia?

There are currently 33 Apartments for Rent in Monrovia, MD with pricing that ranges from $925 to $5,255. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monrovia ranging from $2,200 to $5,000.

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 $2,200 to $5,000 with an average monthly rent of $3,308.

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 $1,882 to $5,255, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,500 to $3,800. Four Bedroom Single-Family rentals are also available starting from $2,850 and Four Bedroom Apartments start at $2,529.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.