Cheap Apartments for Rent in Monroe, IN from $500 (58 Rentals)
Search the lowest-cost Apartments available for rent right now in Monroe.

Villa Capri Apartments

Lake Forest Apartments

Bridgedale Terrace Apartments

Fulton Manor - Utilities Included

Emerald Square Apartments & Villas

Jackson Manor Apartments

River Pointe Townhomes

Port O'Call Apartments

Hickory Creek

Black Pine Flats

Adam & Bruce Senior Housing Apartments

Willow Creek Crossing

Jefferson Place Villas

Blackhawk Apartments

South Bridge Apartments

Whispering Creek Apartments

Bluffton Park Apartments

Three Rivers Apartments

Arbor Lakes Apartments

Coral Club Apartments

Graystone Landing

Anthony Wayne Villas and Flats

Woodhaven Oaks

Liberty Mills Apartments

Coventry Court Townhomes

Superior Lofts

CityScape Flats

The Harrison

Skyline Tower

1410 E Paulding Rd

104 W High St

4019 Bowser Ave

342 Lincoln Hwy E

4205 Hoagland Ave

10735 Old Decatur Rd

10741 Old Decatur Rd

3422 Smith St

4848 Mc Clellan St

103 Lincoln Hwy W

1903 W Colonial Ave

3409 Euclid Ave

6521 Donna Dr

613 S Dougherty St

5924 Arbor Ave
Monroe, IN Local Guide

How much does it cost to rent an apartment in Monroe?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Monroe Studio Apartments | $1,541 | $615 | $10,000+ |
Monroe 1 Bedroom Apartments | $1,150 | $550 | $3,278 |
Monroe 2 Bedroom Apartments | $1,427 | $569 | $3,959 |
Monroe 3 Bedroom Apartments | $1,802 | $806 | $4,677 |
Monroe 4 Bedroom Apartments | $1,892 | $1,199 | $2,374 |
Browse Top Apartments in Monroe
See all Apartments in MonroeExplore Monroe
Monroe, IN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Monroe Apartments for Rent and Nearby
 The cheapest available apartment rental in Monroe, IN is a 1 Bed unit found at The Meridian in the Southeast Fort Wayne neighborhood priced from $550. Apple Glen has the second lowest priced unit, which is a 2 Beds apartment currently listed from $569. Here is today’s list of the most affordable Monroe apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Meridian | Standard 1 BED | 1 BATH - SM Flat | 1BR,1BA | $550 |
Apple Glen | 2 Bedroom Unit | 2BR,1BA | $569 |
Villa Capri Apartments | Prato | 1BR,1BA | $589 |
Fulton Manor - Utilities Included | Studio | Studio,1BA | $615 |
Emerald Square Apartments & Villas | 1 Bedroom A | 1BR,1BA | $675 |
Jackson Manor Apartments | One Bedroom | 1BR,1BA | $695 |
River Pointe Townhomes | Cozy Corner! Your Perfect 1 Bedroom Apartment! | 1BR,1BA | $699 |
Hickory Creek | 1 Bedroom Flat | 1BR,1BA | $725 |
Black Pine Flats | 1BR/1BA Classic | 1BR,1BA | $725 |
Adam & Bruce Senior Housing Apartments | Efficiency | Studio,1BA | $759 |
Best Value Apartments for Rent in Monroe, IN and Nearby
As of March 16, 2025 the best value apartment in the Monroe area is the $0.93 price per square foot CLA 3BR/2.5BA TH W/Patio Model at Coventry Court Townhomes in the in the Southwest Fort Wayne neighborhood starting from $1,450. The second greatest value Monroe apartment is the 2 Bedroom | Renovated Model at The Village at Wayne Trace Homes starting at $1,450 with a $1.09 price per square foot in the Southeast Fort Wayne 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. |
---|---|---|---|
Coventry Court Townhomes | CLA 3BR/2.5BA TH W/Patio | 3BR,2.5BA | $0.93 |
The Village at Wayne Trace Homes | 2 Bedroom | Renovated | 2BR,2BA | $1.09 |
Fairview Court | Two Bedroom Townhome | 2BR,1.5BA | $0.93 |
Woodhaven Oaks | Kankakee | 1BR,1BA | $1.16 |
Liberty Mills Apartments | One Bedroom | 1BR,1BA | $1.19 |
South Bridge Apartments | One Bedroom Stackable | 1BR,1BA | $1.15 |
Villa Capri Apartments | Prato | 1BR,1BA | $0.81 |
Apple Glen | 1 Bedroom Unit | 1BR,1BA | $0.85 |
Emerald Square Apartments & Villas | 1 Bedroom A | 1BR,1BA | $1.04 |
River Pointe Townhomes | Cozy Corner! Your Perfect 1 Bedroom Apartment! | 1BR,1BA | $1.18 |
Quick 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.
Pet Friendly LifestyleMonroe, IN
Ranked #71
Among cities in Indiana for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Monroe, IN Rentals by Map
See the most popular apartments and homes in Monroe, IN
Getting Around Monroe, IN
Walk Score®
8 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
28 / 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
What is the Cheapest Studio apartment in Monroe?
Currently the most affordable Cheap Studio Apartment in Monroe is at Fulton Manor - Utilities Included listed at $615.
How much is rent for a Cheap One Bedroom Monroe Apartment?
The lowest price for a Cheap One Bedroom Monroe Apartment is $550 at The Meridian.
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 $569 at Apple Glen.
What is the most affordable Monroe Three Bedroom Apartment?
The best deal on a cheap Monroe Three Bedroom Apartment rental is at Villa Capri Apartments and starts from $806.
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.