Cheap Apartments for Rent in Monroe, LA from $400 (39 Rentals)

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Stadium Place
1 to 2 Bedroom Apartments

Stadium Place

510 Warhawk WayMonroe, LA 71203
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Lakeway Apartments
2 Bedroom Apartments

Lakeway Apartments

3375 LA 594Monroe, LA 71203
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Belle Bayou
1 Bedroom Apartments

Belle Bayou

4200 Loop RdMonroe, LA 71201
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Magnolia Terrace
2 Bedroom Apartments

Magnolia Terrace

900 Riverside DrMonroe, LA 71201
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Tri-City
3 Bedroom Apartments

Tri-City

1804 Laymen DrMonroe, LA 71201
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Southern Pines
3 to 4 Bedroom Apartments

Southern Pines

101 Preston LoopMonroe, LA 71202
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Armstrong Apartments
1 Bedroom Apartments

Armstrong Apartments

214 Balboa DrMonroe, LA 71203
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Shannon Oaks
1 to 3 Bedroom Apartments

Shannon Oaks

1702 Shannon StMonroe, LA 71201
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The Lennox
1 to 2 Bedroom Apartments

The Lennox

206 Curve DrMonroe, LA 71203
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Heritage Court
2 Bedroom Apartments

Heritage Court

625 Warhawk WayMonroe, LA 71203
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Ridgedale Apartments
1 Bedroom Apartments

Ridgedale Apartments

200 Ridgedale DrWest Monroe, LA 71291
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Pride Properties
Studio to 2 Bedroom Apartments

Pride Properties

1217 Trenton StWest Monroe, LA 71291
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Parkwest Apartments
1 to 2 Bedroom Apartments

Parkwest Apartments

106 Parkwest DrWest Monroe, LA 71291
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Showing Results 1-39, Page 1 of 1

Monroe, LA Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Monroe, LA

Pricing Updated: 03/21/2025

Current 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:

NeighborhoodMedian PriceMin PriceAvailable 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 ListingModel NameBed/BathPriced From
Mary Lea ApartmentsOne-Bedroom1BR,1BA$575
Country Club ApartmentsOne Bedroom1BR,1BA$600
Park Place Apartments1 Bedroom1BR,1BA$625
Belle BayouOne Bedroom1BR,1BA$635
Parkwest Apartments1 bedroom1BR,1BA$650
Contempo Apartments1 Bedroom @ 663 SF1BR,1BA$650
Westchester SquareSm 1 Bed1BR,1BA$675
Shadow Wood Apartments1 Bedroom 1 Bathroom1BR,1BA$695
Town & Country Apartment HomesOne Bedroom/One Bath1BR,1BA$700
Creel PropertiesSTADIUM1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Bayou Park Apartments2 Bedroom2BR,1BA$0.82
Town & Country Apartment HomesThree Bedroom / One and a half Bath3BR,1.5BA$0.86
Van MarkA11BR,1BA$1.05
Westbrook Villa2BR/1BA2BR,1BA$0.95
Mary Lea ApartmentsOne-Bedroom1BR,1BA$0.74
Murray Place1 Bed 1 Bath1BR,1BA$1.04
Parkwest Apartments1 bedroom1BR,1BA$0.87
Shadow Wood Apartments1 Bedroom 1 Bathroom1BR,1BA$0.95
Contempo Apartments1 Bedroom @ 553SF1BR,1BA$0.98
Westchester SquareSm 1 Bed w/ WD conn1BR,1BA$1.03

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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

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Monroe, LA Rentals by Map

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See the most popular apartments and homes in Monroe, LA

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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.

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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.

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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.

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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.

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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.