
Cheap Apartments for Rent near Monument, OR from $400 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in Monument.


Chennai Landing

Midtown Place Apartments

Heatherstone

Highlander Apartments

Village at Grandridge

Copper Mountain

Copper Ridge

Port View Apartments
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.

Dolphin Apartments

Total Monthly Price
Clearwater Bay and Herron Lake Apartments

Nova Apartments

Westgate Apartment Homes

Keller Apartments

Badger Canyon

La Serena at Hansen Park

Tidewater Communities

Redmond Landing
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.

Clearwater Lofts

Wild Horse Mesa

South Hill Commons

2808 Church St

Crown Village

Bridge Meadows Redmond

The Grove

3006 N 2nd St

2001 1st St
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.

Irving Place Apartments

2106 3rd St

120 SE 17th St

313 12th St

Parc 48

603 NE Lookout Ave

Aspen Hills

912 S Main St

1305 N Pratt St
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.

395 Center St

Townhouse Villa

336

Cascade Ridge

323 SW 16th St

Rio Vista Apartments

The Heights @ Yarrow

Lakeside Apartments

Kamden Court
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.

24520 S Oak St

670 Tinley St
Monument, OR Local Guide

How much does it cost to rent an apartment in Monument?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monument Studio Apartments | $1,617 | $1,051 | $1,930 |
| Monument 1 Bedroom Apartments | $1,577 | $770 | $2,464 |
| Monument 2 Bedroom Apartments | $1,896 | $675 | $10,000+ |
| Monument 3 Bedroom Apartments | $2,024 | $778 | $2,800 |
| Monument 4 Bedroom Apartments | $1,814 | $1,717 | $1,912 |
Browse Top Apartments in Monument
See all Apartments in MonumentExplore Monument
Monument, OR Local Guide
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Cheapest Available Monument Apartments for Rent and Nearby
 The cheapest available apartment rental in Monument, OR is a 2 Beds unit found at Rolling Sage in the Jefferson County neighborhood priced from $455. Chennai Landing in the Jefferson County neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $678. Here is today’s list of the most affordable Monument apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rolling Sage | 2 Bed/1 Ba | 2BR,1BA | $455 |
| Chennai Landing | 2 Bed/1 Ba | 2BR,1BA | $678 |
| Heatherstone | 1x1-582 | 1BR,1BA | $925 |
| Highlander Apartments | 1 bedroom 1 bath down | 1BR,1BA | $1,025 |
| Crown Village | One Bed One Bath | 1BR,1BA | $1,110 |
| Copper Ridge | Sage | 1BR,1BA | $1,123 |
| Dolphin Apartments | 1 bd | 1BR,1BA | $1,150 |
| Clearwater Bay and Herron Lake Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,220 |
| Keller Apartments | Clasic | 2BR,1BA | $1,325 |
| Copper Mountain | Stonecrest | 2BR,2BA | $1,338 |
Best Value Apartments for Rent in Monument, OR and Nearby
As of August 15, 2026 the best value apartment in the Monument area is the $1.34 price per square foot Ag Three Bed Model at Port View Apartments in the starting from $1,880. The second greatest value Monument apartment is the 3 Bed 2 Bath Model at Clearwater Bay and Herron Lake Apartments starting at $1,770 with a $1.36 price per square foot in the Tapteal neighborhood. Here is today’s list of the best values for Monument apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Port View Apartments | Ag Three Bed | 3BR,2BA | $1.34 |
| Clearwater Bay and Herron Lake Apartments | 3 Bed 2 Bath | 3BR,2BA | $1.36 |
| West Vine Townhomes | 3X2.5 | 3BR,2.5BA | $1.59 |
| Preferred Rentals, LLC | 3 x 1.5 | 3BR,1.5BA | $1.44 |
| Aspen Hills | Two Bedroom Two Bathroom | 2BR,2BA | $1.47 |
| Townhouse Villa | 2BR/1.0BA | 2BR,1BA | $1.47 |
| Highlander Apartments | 2 bedroom 1 bath down w/d | 2BR,1BA | $1.31 |
| Copper Mountain | Crestview | 2BR,1BA | $1.53 |
| Rolling Sage | 2 Bed/1 Ba | 2BR,1BA | $0.52 |
| Chennai Landing | 2 Bed/1 Ba | 2BR,1BA | $0.81 |
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 ArticleReal 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Monument, OR Rentals by Map
See the most popular apartments and homes in Monument, OR
Frequently Asked Questions about Cheap Monument Apartments
What is the Cheapest Studio apartment in Monument?
Currently the most affordable Cheap Studio Apartment in Monument is at 336 listed at $1,400.
How much is rent for a Cheap One Bedroom Monument Apartment?
The lowest price for a Cheap One Bedroom Monument Apartment is $925 at Heatherstone.
What is the lowest price for a Cheap Two Bedroom Monument Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Monument is starting from $455 at Rolling Sage.
What is the most affordable Monument Three Bedroom Apartment?
The best deal on a cheap Monument Three Bedroom Apartment rental is at Chennai Landing and starts from $778.
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

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.

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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.