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Apartments in Monroe

1 - 15 of 15 Results
13
$890
Appleton Ridge Apartments
612 John Anderson Ct Monroe, MI
2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
11
$925 - 1,149
Oak Forest Townhomes & Apartments
300 Twin Oaks Dr. Monroe, MI
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
57
$850 - 950
Hidden Trail Apartments
Deal
1513 Stewart RD Monroe, MI
1 - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Section 8
Air Conditioning
4
$850
217 W Eighth St
Monroe, MI
Studio | Available Now
Contact
Storage
9
$950
229 Michigan Ave
Monroe, MI
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
7
$795
920 E Front St Apt Monroe
Monroe, MI
1 BR | Aug. 1, 2024
Contact
80
$700 - 795
739 Washington St
Monroe, MI
1 BR | Available Now
Contact
41
$250 - 845
725 Washington St
Monroe, MI
Studio - 1 BR | Available Now
Contact
Dishwasher
7
$999
44 E Willow St
Monroe, MI
2 BR | Available Now
Contact
1
$850
734 Smith St
Monroe, MI
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$950
708 E Front St
Monroe, MI
2 BR | Available Now
Contact
Cat Friendly
Storage
Disability Access
3
$995
34 S Monroe St
Monroe, MI
Studio | Available Now
Contact
30
$875 - 1,380
Greenwycke Crossings
6112 Greenwycke Lane Monroe Township, MI
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Townhome
Air Conditioning
Pool
5
$800
418 W 8th St
Monroe, MI
1 BR | Available Now
Contact
Storage
$1,200
1017 Humphrey
Monroe, MI
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
1 - 15 of 15 Results
  1. Home
  2. Monroe

How much does it cost to rent an apartment in Monroe?

Monroe Apartments
Bed Type Average Rent Range
Studio $250 $250 - $1,000
1BR $800 $700 - $960
2BR $1,000 $890 - $1,170
3BR $1,290 $1,130 - $1,450
Frequently Asked Questions

How many apartments are available in Monroe, MI on Rentable.co?

Rentable.co has over 784 apartments available in Monroe.

What is the average rent for a studio apartment in Monroe, MI?

The average rent for a studio apartment in Monroe is around $250 per month.

What is the average rent for a one-bedroom apartment in Monroe, MI?

The average rent for a one-bedroom apartment in Monroe is around $800 per month.

What is the average rent for a two-bedroom apartment in Monroe, MI?

The average rent for a two-bedroom apartment in Monroe is around $1,000 per month.

How expensive is it to rent an apartment in Monroe, MI?

For a two-bedroom apartment in Monroe, the average rent price is $1,000 per month, which is lower than the national average of $1,620 per month.

Can I afford an apartment for rent in Monroe, MI?

Based on average rent prices in Monroe, to afford a studio apartment you would need an annual household income of $10,000 to live comfortably.

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Monroe:
May Rent Report

Welcome to the May 2024 Monroe Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for the Monroe rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Monroe and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Monroe average rent prices in the chart below.

Monthly Rent Report

$1,100
$830
$550
$280
$0
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR       2 BR

Monroe Rent Prices Decrease From April to May

Monroe rent prices decreased over the last month. From April to May, the city experienced a -1.56% decrease for the price of a one-bedroom apartment. The rent price for a Monroe one-bedroom apartments currently stands at $820.0.

When we take a look at the two-bedroom comparison from April to May, Monroe experienced a 0.19% increase for the price of a two-bedroom apartment. The rent price for a Monroe two-bedroom apartments currently stands at $1,042.0.

May Prices: Monroe vs. Surrounding Areas

Woodhaven, MI
Monroe, MI
Dundee, MI
$972
$833
$802
$0
$350
$700
$1,050
$1,400
Median 1 BR Rent

Rent Prices in Monroe and Surrounding Areas

Rent prices have decreased in Monroe over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 1 of the Monroe suburb increased last month. On the other hand, 1 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Woodhaven, MI .

  • Rent decreased in Dundee, MI.

  • 1 suburb is currently priced higher than the city of Monroe.

  • 1 suburb is currently priced lower than the city of Monroe.

May 2024 Pricing Trends: Monroe vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
Monroe, MI
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$833
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Monroe Rent Prices More Affordable Than Major Cities

Rent growth in Monroe over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Monroe average rent prices appear to be relatively affordable for local residents.

The price for a Monroe one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Monroe and surrounding area rent prices, take a look at the complete data set below.

Data set for Monroe and suburbs

1 BR May 1 BR M/M % Change 2 BR May 2 BR M/M % Change
Monroe, MI $833.0 -0.24% $1,040.0 1.46%
Dundee, MI $802.0 -0.25% $1,193.0 -0.33%
Woodhaven, MI $972.0 1.89% $1,184.0 1.63%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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