Cheap Apartments for Rent in Monroe, MI from $400 (16 Rentals)

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Search the lowest-cost Apartments available for rent right now in Monroe.

property at 1008 E 4th St

1008 E 4th St

MonroeMI48161
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Chestnut Hills
Studio to 1 Bedroom Apartments

Chestnut Hills

2840 N Monroe StMonroe, MI 48162
  • Utilities Included
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Medallion Manor
1 to 2 Bedroom Apartments

Medallion Manor

741 N Macomb StMonroe, MI 48162
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423 Washington
1 Bedroom Apartments

423 Washington

423 Washington StMonroe, MI 48161
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Norman Towers
1 Bedroom Apartments

Norman Towers

810 W Elm AveMonroe, MI 48162
Senior Living
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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.

Monroe, MI Local Guide

Cheapest Neighborhoods for Apartments in Monroe, MI

Pricing Updated: 04/17/2025

Current apartment rentals in the Monroe, MI 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
Downtown Monroe$1,450$75047

Cheapest Available Monroe Apartments for Rent and Nearby

 

The cheapest available apartment rental in Monroe, MI is a 1 Bed unit found at Washington Arms in the Arbor Creek neighborhood priced from $760. Foxton Apartments in the Arbor Creek neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here is today’s list of the most affordable Monroe apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Washington Arms1 Bed 1 Bath Apt.1BR,1BA$760
Foxton ApartmentsStudioStudio,1BA$799
Hidden Trail Apartments1x11BR,1BA$850
River Raisin ApartmentsOne Bedroom1BR,1BA$855
Garden Court ApartmentsStudio (Renovated)Studio,1BA$865

Best Value Apartments for Rent in Monroe, MI and Nearby

As of April 17, 2025 the best value apartment in the Monroe area is the $0.47 price per square foot 14 E 1st St Model at 14 E 1st St, Unit 1 in the in the Arbor Creek neighborhood starting from $1,800. The second greatest value Monroe apartment is the 2x2 1110 Model at Landings at Cedar Creek starting at $1,400 with a $1.26 price per square foot in the Arbor Creek neighborhood. 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.
14 E 1st St, Unit 114 E 1st St3BR,2BA$0.47
Landings at Cedar Creek2x2 11102BR,2BA$1.26
Sterling Downtown Ext Stay And Short TermSterling Suite1BR,1BA$1.20
Custer Estates ApartmentsTwo Bedroom2BR,1BA$1.00
ONE11 RESIDENCES - MONROE1BR/1.0BA1BR,1BA$1.22
Washington Arms2 Bed 1 Bath Apt.2BR,1BA$1.17
Appleton Ridge Apartments**$650 off 1st Full Months Rent** Large, Affor...2BR,1.5BA$1.12
Park West Club1 Bedroom1BR,1BA$1.22
River Raisin ApartmentsOne Bedroom1BR,1BA$1.32
Hidden Trail Apartments1x11BR,1BA$1.32

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

Explore Monroe, MI Rentals by Map

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Getting Around Monroe, MI

Walk Score®

46 / 100

Car-Dependent

Most errands require a car

Bike Score®

43 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 Foxton Apartments listed at $799.

How much is rent for a Cheap One Bedroom Monroe Apartment?

The lowest price for a Cheap One Bedroom Monroe Apartment is $760 at Washington Arms.

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 $950 at Appleton Ridge Apartments.

What is the most affordable Monroe Three Bedroom Apartment?

The best deal on a cheap Monroe Three Bedroom Apartment rental is at Oak Forest Townhomes & Apartments and starts from $1,149.

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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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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

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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.