
Cheap Homes for Rent near South Monroe, MI from $675 (9 Rentals)
Search the lowest-cost Homes available for rent right now in South Monroe.


3473 Brigham St

3843 Peru St

340 E Lake St
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.

5046 Northfield Dr

3042 S Custer Rd

2207 W Laskey Rd

3950 Drexel Dr
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.

6055 Lewis Ave
South Monroe, MI Local Guide

How much does it cost to rent a home in South Monroe?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Monroe 2 Bedroom Homes for Rent | $1,101 | $695 | $1,550 |
| South Monroe 3 Bedroom Homes for Rent | $1,385 | $1,050 | $1,650 |
| South Monroe 4 Bedroom Homes for Rent | $1,231 | $1,045 | $1,450 |
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Explore South Monroe
South Monroe, MI Local Guide
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Cheapest Available South Monroe Apartments for Rent and Nearby
 The cheapest available apartment rental in South Monroe, MI is a 1 Bed unit found at 5311 N Detroit Ave in the North Toledo neighborhood priced from $685. Legacy at Western Arms in the Monroe neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable South Monroe apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 5311 N Detroit Ave | 1 Bed 1 Bath Apt. | 1BR,1BA | $685 |
| Legacy at Western Arms | 1 Bed, 1 bath | 1BR,1BA | $750 |
| Legacy at Brookforest | 1 Bedroom | 1BR,1BA | $750 |
Best Value Apartments for Rent in South Monroe, MI and Nearby
As of August 22, 2026 the best value apartment in the South Monroe area is the $1.16 price per square foot Oak - 2-Bedroom, 1-Bathroom Model at Newport Woods Apartments in the in the Berlin neighborhood starting from $1,099. The second greatest value South Monroe apartment is the J-M Model at Sherloch Forest Apartments starting at $1,100 with a $1.16 price per square foot . Here is today’s list of the best values for South Monroe apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Newport Woods Apartments | Oak - 2-Bedroom, 1-Bathroom | 2BR,1BA | $1.16 |
| Sherloch Forest Apartments | J-M | 2BR,1BA | $1.16 |
| Greenwich Apartments | Two Bedroom | 2BR,1BA | $0.93 |
| Hidden Pines Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.08 |
| Piccadilly West | 2 BR, 1 BA - Premium | 2BR,1BA | $1.14 |
| Maple Grove Townhomes | Two Bedroom Townhome | 2BR,1BA | $1.07 |
| North Towne Villas | 1 Bedroom | 1BR,1BA | $1.08 |
| Legacy at Brookforest | 1 Bedroom | 1BR,1BA | $1.07 |
| Three Pines Apartments | One Bedroom | 1BR,1BA | $1.12 |
| Legacy at Western Arms | 1 Bed, 1 bath | 1BR,1BA | $1.15 |
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.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about South Monroe
What type of rentals are currently available in South Monroe?
There are currently 30 Apartments for Rent in South Monroe, MI with pricing that ranges from $625 to $2,395. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Monroe ranging from $675 to $1,650.
What is the current price range for Rental Homes in South Monroe?
Today's rental pricing for Homes for Rent, Condos and Townhomes in South Monroe ranges from $675 to $1,650 with an average monthly rent of $1,194.
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.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.