Cheap Apartments for Rent in Monroe, MI
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Studio-3 Beds
1-2 BathsHampton Apartments & Townhomes | 1318 Frank Dr,
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 decreased in Aug 2026 compared to the previous month. Rent previously peaked in May 2025.
| Month | Average rent |
|---|---|
| Sep 2025 | $950 |
| Oct 2025 | $900 |
| 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 |
Average Rent By Bedroom and Home Type
In August 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $900 | $1,000 | $1,300 | $1,639 | $1,000 |
| Apartments and Condos | $900 | $975 | $1,198 | $1,200 | $950 |
| Houses | $750 | $900 | $1,600 | $1,650 | $1,600 |
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 $1,197 per month. This is about 39% lower than the national average.
- When is the average rent cheapest in Monroe, MI?In the last year, the average rent in Monroe, MI was lowest in Jul 2025 when it was $900 per month.
- 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 $900 per month. That is about $15 more than the cost of a studio apartment.
- How many available rental listings are in Monroe, MI?There are 70 available rental listings in Monroe, MI.
- 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 - 107 Rentas | Trulia