
Cheap Apartments for Rent in Monroe, LA from $400 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in Monroe.


Park Place Apartments

Westchester Square

401 Willett Place Blvd, Unit 401

Shadow Forest Apartments

Shadow Wood Apartments

Town & Country Apartment Homes

Shadow Hawk

Bayou Park Apartments

Murray Place

Frances Place Apartments

Churchill Townhouses Apartments

209 Mitchell Ln

Contempo Apartments

Westbrook Villa

Parkwood Townhomes and Apartments
Monroe, LA Local Guide

How much does it cost to rent an apartment in Monroe?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Monroe Studio Apartments | $2,675 | $2,500 | $2,850 |
Cheap Monroe 1 Bedroom Apartments | $850 | $575 | $1,633 |
Cheap Monroe 2 Bedroom Apartments | $1,176 | $750 | $1,850 |
Cheap Monroe 3 Bedroom Apartments | $1,440 | $875 | $1,975 |
Cheap Monroe 4 Bedroom Apartments | $1,900 | $1,800 | $2,000 |
Browse Top Apartments in Monroe
See all Apartments in MonroeExplore Monroe
Monroe, LA Local Guide

- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Neighborhoods for Apartments in Monroe, LA
Pricing Updated: 03/21/2025Current apartment rentals in the Monroe, LA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Monroe Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|
Cheapest Available Monroe Apartments for Rent
 The cheapest available apartment rental in Monroe, LA is a 1 Bed unit found at Mary Lea Apartments priced from $575. Country Club Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Monroe apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Mary Lea Apartments | One-Bedroom | 1BR,1BA | $575 |
Country Club Apartments | One Bedroom | 1BR,1BA | $600 |
Park Place Apartments | 1 Bedroom | 1BR,1BA | $625 |
Belle Bayou | One Bedroom | 1BR,1BA | $635 |
Parkwest Apartments | 1 bedroom | 1BR,1BA | $650 |
Contempo Apartments | 1 Bedroom @ 663 SF | 1BR,1BA | $650 |
Westchester Square | Sm 1 Bed | 1BR,1BA | $675 |
Shadow Wood Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $695 |
Town & Country Apartment Homes | One Bedroom/One Bath | 1BR,1BA | $700 |
Creel Properties | STADIUM | 1BR,1BA | $705 |
Best Value Apartments for Rent in Monroe, LA
As of March 21, 2025 the best value apartment in the Monroe area is the $0.82 price per square foot 2 Bedroom Model at Bayou Park Apartments in the starting from $895. The second greatest value Monroe apartment is the Three Bedroom / One and a half Bath Model at Town & Country Apartment Homes starting at $925 with a $0.86 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. |
---|---|---|---|
Bayou Park Apartments | 2 Bedroom | 2BR,1BA | $0.82 |
Town & Country Apartment Homes | Three Bedroom / One and a half Bath | 3BR,1.5BA | $0.86 |
Van Mark | A1 | 1BR,1BA | $1.05 |
Westbrook Villa | 2BR/1BA | 2BR,1BA | $0.95 |
Mary Lea Apartments | One-Bedroom | 1BR,1BA | $0.74 |
Murray Place | 1 Bed 1 Bath | 1BR,1BA | $1.04 |
Parkwest Apartments | 1 bedroom | 1BR,1BA | $0.87 |
Shadow Wood Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $0.95 |
Contempo Apartments | 1 Bedroom @ 553SF | 1BR,1BA | $0.98 |
Westchester Square | Sm 1 Bed w/ WD conn | 1BR,1BA | $1.03 |
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.
Monroe Overview
Monroe is the eighth largest city in Louisiana. It is an educational, economic and medical hub for Louisiana. The people of Monroe make the city exciting and a beautiful place to live and the options for apartments in Monroe make finding the perfect place to live easy. The city boasts of many unique shops, community centers, neighborhood parks and local restaurants. You get to enjoy great food, a wide variety of entertainment, and most of all the interaction with welcoming people.
Why live in Monroe, LA?
There is a lot of good about the city and living in Monroe apartments. If you are looking for a place where community matters, Monroe is the right city for you. On top of the good transportation, peaceful neighborhoods, beautiful parks and more, there is a robust farmer’s market where you can get fresh food. There are great schools both private and public in the area. The people are however the best part of Monroe, they are warm, caring and friendly.
Best Local Schools in Monroe, LA
Swartz Upper Elementary School
Robert E. Lee Junior High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Monroe, LA Rentals by Map
See the most popular apartments and homes in Monroe, LA
Getting Around Monroe, LA
Walk Score®
42 / 100
Car-Dependent
Most errands require a car
Bike Score®
41 / 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 THE MILL APARTMENTS listed at $2,500.
How much is rent for a Cheap One Bedroom Monroe Apartment?
The lowest price for a Cheap One Bedroom Monroe Apartment is $575 at Mary Lea Apartments.
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 $750 at Town & Country Apartment Homes.
What is the most affordable Monroe Three Bedroom Apartment?
The best deal on a cheap Monroe Three Bedroom Apartment rental is at Town & Country Apartment Homes and starts from $925.
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.