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Cheap Apartments for Rent in Monroe, IA from $400 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in Monroe.
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from $640Studio to 2 Bedroom Apartments Available Now
Hotel Maytag Apartments
105 N 2nd Ave ENewton, IA 50208
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from $725Studio to 3 Bedroom Apartments Available Now
Parkside Apartments
2335 Paine St NEBondurant, IA 50035
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702 S Roche St
KnoxvilleIA50138
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413 N Sherman St
KnoxvilleIA50138
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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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Monroe, IA Local Guide
Kids walking down the road by U.S. Department of Agriculture is licensed under Internal
How much does it cost to rent an apartment in Monroe?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monroe Studio Apartments | $1,005 | $650 | $1,225 |
| Monroe 1 Bedroom Apartments | $1,238 | $550 | $2,508 |
| Monroe 2 Bedroom Apartments | $1,366 | $695 | $3,008 |
| Monroe 3 Bedroom Apartments | $1,502 | $825 | $3,170 |
Browse Top Apartments in Monroe
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Monroe, IA Local Guide
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Cheapest Available Monroe Apartments for Rent and Nearby
The cheapest available apartment rental in Monroe, IA is a 1 Bed unit found at Hunters Run priced from $550. Hotel Maytag Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $650. Here is today’s list of the most affordable Monroe apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hunters Run | A1 | 1BR,1BA | $550 |
| Hotel Maytag Apartments | Studio | Studio,1BA | $650 |
| Newton Park Apartments | 1BR - 30% Gross Income | 1BR,1BA | $676 |
Best Value Apartments for Rent in Monroe, IA and Nearby
As of April 17, 2025 the best value apartment in the Monroe area is the $1.19 price per square foot C1 - Income Restricted Model at Danamere Village in the in the Danamere Farms neighborhood starting from $1,547. The second greatest value Monroe apartment is the 3BR/2BA Model at Altoona Park Apartments starting at $1,150 with a $1.05 price per square foot in the Altoona Meadows neighborhood. Here is today’s list of the best values for Monroe apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Danamere Village | C1 - Income Restricted | 3BR,2BA | $1.19 |
| Altoona Park Apartments | 3BR/2BA | 3BR,2BA | $1.05 |
| Yellowbanks | Villa | 3BR,1BA | $1.28 |
| Triple Crown Altoona Cooperative | 3BR TH | 3BR,1BA | $1.19 |
| Hunters Run | B2 | 2BR,1BA | $0.82 |
| SUNDANCE NEWTON APARTMENTS | 2 Bedroom 2 Bathroom | 2BR,2BA | $0.97 |
| Newton Park Apartments | 2BR - 30% Gross Income | 2BR,1BA | $1.20 |
| Prairie Village Apartments | 1BR/1.0BA | 1BR,1BA | $1.24 |
| Woodland Heights | 1 Bed 1 Bath | 1BR,1BA | $1.20 |
| Hotel Maytag Apartments | Studio | Studio ,1BA | $1.16 |
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Monroe, IA Apartments MapMonroe, IA Rental Homes MapGetting Around Monroe, IA
Walk Score®
26 / 100
Car-Dependent
Most errands require a car
Bike Score®
33 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Monroe Apartments
How much is rent for a Cheap One Bedroom Monroe Apartment?
The lowest price for a Cheap One Bedroom Monroe Apartment is $550 at Hunters Run.
What is the lowest price for a Cheap Two Bedroom Monroe Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Monroe is starting from $695 at Hunters Run.
What is the most affordable Monroe Three Bedroom Apartment?
The best deal on a cheap Monroe Three Bedroom Apartment rental is at Hunters Run and starts from $825.
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.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.