Cheap Apartments for Rent in Monroe, MI from $400 (15 Rentals)

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Chestnut Hills
Studio to 1 Bedroom Apartments

Chestnut Hills

2840 N Monroe StMonroe, MI 48162
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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
  • Utilities Included
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Norman Towers
1 Bedroom Apartments

Norman Towers

810 W Elm AveMonroe, MI 48162
Senior Living
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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: 05/17/2025

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$1,425$75038

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
Oak Forest Townhomes & ApartmentsThe-Kent1BR,1BA$925

Best Value Apartments for Rent in Monroe, MI and Nearby

As of May 18, 2025 the best value apartment in the Monroe area is the $1.08 price per square foot 2BR/1.0BA Model at ONE11 RESIDENCES - MONROE in the in the Arbor Creek neighborhood starting from $1,295. The second greatest value Monroe apartment is the Formosa Upper Model at Plum Grove starting at $1,800 with a $1.51 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.
ONE11 RESIDENCES - MONROE2BR/1.0BA2BR,1BA$1.08
Plum GroveFormosa Upper3BR,2BA$1.51
Landings at Cedar Creek2x2 11102BR,2BA$1.26
Sterling Downtown Ext Stay And Short TermSterling Suite1BR,1BA$1.20
Custer Estates ApartmentsTwo Bedroom2BR,1BA$1.02
Washington Arms2 Bed 1 Bath Apt.2BR,1BA$1.06
Appleton Ridge ApartmentsLarge, Affordable, Updated 2 Bed / 1.5 Bath Apa...2BR,1.5BA$1.14
River Raisin ApartmentsOne Bedroom1BR,1BA$1.32
Hidden Trail Apartments1x11BR,1BA$1.32
Oak Forest Townhomes & ApartmentsThe-Kent1BR,1BA$1.52

Quick Rent Budget Calculator

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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

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 $900 at Washington Arms.

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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.