
Cheap Homes for Rent in Downtown Monroe Neighborhood of Monroe, MI from $700 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Monroe area of Monroe.
Downtown Monroe, Monroe, MI Local Guide

How much does it cost to rent a home in Downtown Monroe?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Monroe 2 Bedroom Homes for Rent | $1,050 | $900 | $1,200 |
Downtown Monroe 3 Bedroom Homes for Rent | $1,600 | $1,600 | $1,600 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Downtown Monroe Neighborhood of Monroe, MI.
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Downtown Monroe, Monroe, MI Local Guide
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Best Value Apartments for Rent in Downtown Monroe, MI
As of March 28, 2025 the best value apartment in the Downtown Monroe area is the $1.23 price per square foot 2BR/1.0BA Model at ONE11 RESIDENCES - MONROE in the in the Arbor Creek neighborhood starting from $1,475. The second greatest value Downtown 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 Downtown Monroe apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
ONE11 RESIDENCES - MONROE | 2BR/1.0BA | 2BR,1BA | $1.23 |
Landings at Cedar Creek | 2x2 1110 | 2BR,2BA | $1.26 |
Sterling Downtown Ext Stay And Short Term | Sterling Suite | 1BR,1BA | $1.20 |
Custer Estates Apartments | Two Bedroom | 2BR,1BA | $0.98 |
Washington Arms | 2 Bed 1 Bath Apt. | 2BR,1BA | $1.17 |
Appleton Ridge Apartments | **$650 off 1st Full Months Rent** Large, Affor... | 2BR,1.5BA | $1.23 |
Legacy at Western Arms | 2 Beds, 1 bath | 2BR,1BA | $1.13 |
733 Adams St, Unit 1 upstairs | 733 Adams St | 1BR,1BA | $1.29 |
River Raisin Apartments | One Bedroom | 1BR,1BA | $1.32 |
Hidden Trail Apartments | 1x1 | 1BR,1BA | $1.32 |
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Frequently Asked Questions about Downtown Monroe
What type of rentals are currently available in Downtown Monroe?
There are currently 64 Apartments for Rent in Downtown Monroe, MI with pricing that ranges from $750 to $1,999. There are also 4 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Monroe ranging from $750 to $1,600.
What is the current price range for Rental Homes in Downtown Monroe?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Monroe ranges from $750 to $1,600 with an average monthly rent of $1,133.
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.

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.

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.