Cheap Apartments for Rent in Monroe, MI
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PET FRIENDLYTotal price$875 - $1,250/mo
1-3 Beds
1-2 BathsRiver Raisin Apartments | 1646 W Lorain St,
Monroe, MI 48162
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Average Rent Trends in Monroe, MI
Rent in Monroe, MI varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in Oct 2026 compared to the previous month. Rent previously peaked in May 2025.
| Month | Average rent |
|---|---|
| Nov 2025 | $900 |
| Dec 2025 | $935 |
| Jan 2026 | $950 |
| Feb 2026 | $975 |
| Mar 2026 | $991 |
| Apr 2026 | $1,069 |
| May 2026 | $1,150 |
| Jun 2026 | $950 |
| Jul 2026 | $1,000 |
| Aug 2026 | $984 |
| Sep 2026 | $995 |
| Oct 2026 | $1,000 |
Average Rent By Bedroom and Home Type
In October 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $905 | $1,085 | $1,387 | $1,581 | $1,000 |
| Townhomes | — | — | $1,750 | — | $1,750 |
| Apartments and Condos | $900 | $1,050 | $1,156 | — | $950 |
| Houses | $700 | $1,100 | $1,700 | $2,199 | $1,450 |
Frequently Asked Questions about Rentals in Monroe, MI
- What is the average rent of an apartment in Monroe, MI?The average rent of an apartment in Monroe, MI is $1,172 per month. This is about 40% lower than the national average.
- What are the cheapest months to find an apartment to rent in Monroe, MI?Last year, the cheapest month to find an apartment to rent was Jul 2025 when it was $900 per month.
- How many cheap apartments are available in Monroe, MI?There are 31 apartments to rent that are cheaper than the city’s average rent of $1,000.
- When is the average rent most expensive in Monroe, MI?In the last year, the average rent in Monroe, MI was highest in May 2025 when it was $959 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Monroe, MI?The average rent of a 1 bedroom apartment in Monroe, MI is $905 per month. That is about $5 less than the cost of a studio apartment.
- What are some neighborhoods in Monroe, MI?
- What are some zip codes in Monroe, MI?
- What are some cities near Monroe, MI?
View this page in Spanish: Apartamentos baratos en renta en Monroe, MI - 102 Rentas | Trulia