Cheap Homes for Rent in Monroe, TN from $700 (10 Rentals)

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Monroe, TN Local Guide

Cheapest Available Monroe Apartments for Rent and Nearby

 

The cheapest available apartment rental in Monroe, TN is a 1 Bed unit found at River Glow Apartments priced from $700. Hillview Terrace Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here is today’s list of the most affordable Monroe apartments for rent:

Apartment ListingModel NameBed/BathPriced From
River Glow ApartmentsOne Bedroom / On Bath1BR,1BA$700
Hillview Terrace Apartments1-bedroom1BR,1BA$850
Eagle VillageStudioStudio,1BA$925

Best Value Apartments for Rent in Monroe, TN and Nearby

As of March 22, 2025 the best value apartment in the Monroe area is the $0.71 price per square foot 2 Bedroom 2.5 Bath Model at Saxony Apartment Homes in the starting from $1,500. The second greatest value Monroe apartment is the 3-bedroom Model at Flats at Melrose starting at $1,895 with a $1.05 price per square foot in the Colonial Village 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.
Saxony Apartment Homes2 Bedroom 2.5 Bath2BR,2.5BA$0.71
Flats at Melrose3-bedroom3BR,2.5BA$1.05
Copper Springs by Meadows PropertiesCopper Hill3BR,2BA$1.04
Cedar City TownhomesThe Emma3BR,2.5BA$1.16
510 Forrest Cove Ln510 Forrest Cove Ln3BR,2BA$1.07
2404 N Washington Ave2404 N Washington Ave3BR,1BA$0.74
Royce Hill- Income Restrictions ApplyThree Bedroom3BR,2BA$0.92
The Grasslands3 Beds, 1 bath3BR,1BA$0.95
Fry Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.01
Hillview Terrace Apartments1-bedroom1BR,1BA$1.13

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Frequently Asked Questions about Monroe

What type of rentals are currently available in Monroe?

There are currently 50 Apartments for Rent in Monroe, TN with pricing that ranges from $710 to $2,650. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monroe ranging from $725 to $3,400.

What is the current price range for Rental Homes in Monroe?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Monroe ranges from $725 to $3,400 with an average monthly rent of $1,542.

How much are larger Three and Four Bedroom Rentals in Monroe?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Monroe range from $756 to $2,650, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $3,400. Four Bedroom Single-Family rentals are also available starting from $1,900 and Four Bedroom Apartments start at $813.

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.