
Cheap Homes for Rent in Monroe, IA from $600 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Monroe.


408 E Montgomery St

306 Central Dr

413 Jefferson St

1925 King Ave
Monroe, IA Local Guide

How much does it cost to rent a home in Monroe?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Monroe 2 Bedroom Homes for Rent | $1,233 | $895 | $1,400 |
Monroe 3 Bedroom Homes for Rent | $1,767 | $1,345 | $2,395 |
Monroe 4 Bedroom Homes for Rent | $1,982 | $1,595 | $2,395 |
Monroe 5 Bedroom Homes for Rent | $2,800 | $2,800 | $2,800 |
Browse Top Homes for Rent in Monroe
Explore Monroe
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 Studio unit found at Hotel Maytag Apartments priced from $650. Newton Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $676. Here is today’s list of the most affordable Monroe apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Hotel Maytag Apartments | Studio | Studio,1BA | $650 |
Newton Park Apartments | 1BR - 30% Gross Income | 1BR,1BA | $676 |
Woodland Heights | 1 Bed 1 Bath | 1BR,1BA | $685 |
Best Value Apartments for Rent in Monroe, IA and Nearby
As of March 22, 2025 the best value apartment in the Monroe area is the $0.96 price per square foot D1 - 40 - Income Restricted Model at Hawthorne Pointe in the in the Altoona Meadows neighborhood starting from $1,292. The second greatest value Monroe apartment is the Cottage-3 Model at Terrace View by Kading starting at $1,235 with a $1.00 price per square foot . 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. |
---|---|---|---|
Hawthorne Pointe | D1 - 40 - Income Restricted | 4BR,2BA | $0.96 |
Terrace View by Kading | Cottage-3 | 3BR,2BA | $1.00 |
Altoona Park Apartments | 3BR/2BA | 3BR,2BA | $1.05 |
Walnut Pointe | Villa | 3BR,1BA | $0.97 |
Hunters Run | B2 | 2BR,1BA | $0.82 |
SUNDANCE NEWTON APARTMENTS | 2 Bedroom 2 Bathroom | 2BR,2BA | $0.97 |
Triple Crown Altoona Cooperative | 2BR | 2BR,1BA | $1.00 |
Carlisle Park Apartments | 2BR Ground | 2BR,1BA | $1.19 |
Prairie Village Apartments | 1BR/1.0BA | 1BR,1BA | $1.17 |
Hotel Maytag Apartments | Studio | Studio ,1BA | $1.16 |
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Frequently Asked Questions about Monroe
What type of rentals are currently available in Monroe?
There are currently 41 Apartments for Rent in Monroe, IA with pricing that ranges from $550 to $3,830. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monroe ranging from $645 to $2,800.
What is the current price range for Rental Homes in Monroe?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Monroe ranges from $645 to $2,800 with an average monthly rent of $1,728.
How much are larger Three and Four Bedroom Rentals in Monroe?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Monroe range from $836 to $3,830, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,345 to $2,395. Four Bedroom Single-Family rentals are also available starting from $1,595 and Four Bedroom Apartments start at $1,292.
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.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.