Cheap Apartments for Rent in Monroe, SD from $300 (14 Rentals)

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

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Forty One Flats
2 Bedroom Apartments

Forty One Flats

8701 W 41st StSioux Falls, SD 57106
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5401 W 56th St
2 Bedroom Apartments

5401 W 56th St

5401 W 56th StSioux Falls, SD 57106
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Monroe, SD Local Guide

Cheapest Available Monroe Apartments for Rent and Nearby

 

The cheapest available apartment rental in Monroe, SD is a 2 Beds unit found at Forty One Flats priced from $612. Bentwood Manor Apartments in the Empire Mall neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $755. Here is today’s list of the most affordable Monroe apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Forty One Flats2 Bedroom 2 Bathroom2BR,2BA$612
Bentwood Manor Apartments1 Bed 1 Bath1BR,1BA$755
Teak1 BR Light Renovation1BR,1BA$820
Pheasant View Apartments1 BEDROOM1BR,1BA$825
Heritage Place Apartments2 Bedroom 1 Bath2BR,1BA$825

Best Value Apartments for Rent in Monroe, SD and Nearby

As of April 27, 2025 the best value apartment in the Monroe area is the $1.11 price per square foot 2bd2ba Model at Saddle Creek Townhomes in the in the Southwest Sioux Falls neighborhood starting from $1,250. The second greatest value Monroe apartment is the 3 Bedroom 1.5 Bathroom Model at Stoney Creek Townhomes starting at $1,090 with a $1.00 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.
Saddle Creek Townhomes2bd2ba2BR,2BA$1.11
Stoney Creek Townhomes3 Bedroom 1.5 Bathroom3BR,1.5BA$1.00
Boulder Creek Townhomes2bd2ba2BR,2BA$1.08
West Briar Estates2 Bedroom 1 Bath2BR,1BA$1.01
Bentwood Manor Apartments2 Bed 1 Bath2BR,1BA$0.88
Roosevelt Estates of Sioux Falls2 Bedroom2BR,1BA$1.09
Heritage Place Apartments2 Bedroom 1 Bath2BR,1BA$0.92
Pheasant View Apartments1 BEDROOM1BR,1BA$0.98
Prairie Winds Apartments1 Bedroom 1 Bathroom1BR,1BA$1.04
Forty One Flats2 Bedroom 2 Bathroom2BR,2BA$0.77

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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 $755 at Bentwood Manor 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 $612 at Forty One Flats.

What is the most affordable Monroe Three Bedroom Apartment?

The best deal on a cheap Monroe Three Bedroom Apartment rental is at Pheasant View Apartments and starts from $949.

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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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.

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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.

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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.