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Monroe, MI Condos for Rent

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  • 17 E 2nd St Unit 17 E Second St, Monroe, MI 48161
    17 E 2nd St Unit 17 E Second St, Monroe, MI 48161
    17 E 2nd St Unit 17 E Second St, Monroe, MI 48161
    /12

    $1,300

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 2,500 Sq Ft
    • Condo for Rent

    17 E 2nd St Unit 17 E Second St, Monroe, MI 48161

    One of a kind Downtown Loft. Hardwood floors throughout. Master bedroom with private bath. 2nd bedroom and guest bath. Walk-in closets in both. Large laundry (equipment included). Huge pantry room with additional storage. Open area for exercise equipment. Can be fully or partially furnished. Lots of space makes it ideal for two friends to share.

    17 E 2nd St Unit 17 E Second St, Monroe, MI 48161
  • 902 N Telegraph Rd Unit 902, Monroe, MI 48162
    902 N Telegraph Rd Unit 902, Monroe, MI 48162
    /2

    $700

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 600 Sq Ft
    • Condo for Rent

    902 N Telegraph Rd Unit 902, Monroe, MI 48162

    902 N Telegraph Rd Unit 902, Monroe, MI 48162
  • 50 Virginia Dr Unit 6, Monroe, MI 48162
    50 Virginia Dr Unit 6, Monroe, MI 48162
    50 Virginia Dr Unit 6, Monroe, MI 48162
    /15

    $975 Per Month

    • 2 Beds
    • 1 Bath
    • 800 Sq Ft
    • Condo for Rent

    50 Virginia Dr Unit 6, Monroe, MI 48162

    Welcome to your charming new 2 bedroom apartment in downtown Monroe! Enjoy the convenience of having the River Raisin in your backyard, providing a serene escape right outside your door. Take advantage of the short walk to Roessler Park for picnics and leisurely strolls. With downtown Monroe just a short walk away, you will have easy access to a variety of shops, restaurants, and entertainment

    Sam Fayz Real Estate One-Dbn Hts

    50 Virginia Dr Unit 6, Monroe, MI 48162
  • 5058 Northfield Dr, Monroe, MI 48161
    5058 Northfield Dr, Monroe, MI 48161
    5058 Northfield Dr, Monroe, MI 48161
    /8

    $800 Per Month

    • 2 Beds
    • 1 Bath
    • 725 Sq Ft
    • Condo for Rent

    5058 Northfield Dr, Monroe, MI 48161

    Welcome to your new home in the heart of historic Monroe, MI! This charming 2-bedroom, 1-bathroom apartment on the first floor offers not only a cozy living space but also a connection to the rich history of the area.Enjoy the convenience of a thoughtfully designed 725-square-foot layout, featuring a spacious kitchen ideal for both cooking and entertaining. Step outside to your private

    5058 Northfield Dr, Monroe, MI 48161
  • 620 John Anderson Ct Unit 628-28, Monroe, MI 48162
    620 John Anderson Ct Unit 628-28, Monroe, MI 48162
    620 John Anderson Ct Unit 628-28, Monroe, MI 48162
    /9

    $1,095 Per Month

    • 2 Beds
    • 1.5 Baths
    • 800 Sq Ft
    • Condo for Rent

    620 John Anderson Ct Unit 628-28, Monroe, MI 48162

    Welcome to this newly renovated apartment in the heart of Monroe, MI! This bright, modern unit offers thoughtful design, ample storage, and a comfortable layout ideal for everyday living. Enjoy a pet-friendly community with plenty of parking, convenient access to major hospitals, shopping, parks, and entertainment. Transparent pricing makes renting simple: water, insurance, gas, and trash are

    Layal Saad Keller Williams Legacy

    620 John Anderson Ct Unit 628-28, Monroe, MI 48162
  • 50 Virginia Dr Unit 10, Monroe, MI 48162
    50 Virginia Dr Unit 10, Monroe, MI 48162
    50 Virginia Dr Unit 10, Monroe, MI 48162
    /14

    $900 Per Month

    • 1 Bed
    • 1 Bath
    • 700 Sq Ft
    • Condo for Rent

    50 Virginia Dr Unit 10, Monroe, MI 48162

    Welcome to your charming one bedroom apartment in downtown Monroe! Enjoy the convenience of having the River Raisin in your backyard, providing a serene escape right outside your door. Take advantage of the short walk to Roessler Park for picnics and leisurely strolls. With downtown Monroe just a short walk away, you will have easy access to a variety of shops, restaurants, and entertainment

    Sam Fayz Real Estate One-Dbn Hts

    50 Virginia Dr Unit 10, Monroe, MI 48162
Michigan Monroe County Monroe

Condos for Rent in Monroe, MI

Frequently Asked Questions

How much does it cost to rent a condo in Monroe, MI?
The median rent for a condo in Monroe, MI is $988 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Monroe, MI?
To comfortably afford the median rent in Monroe, MI, a household needs to earn roughly $41,400 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,035 per month in Monroe, MI, renters typically need to show $3,105 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Monroe, MI?
In Monroe, MI, the price-to-rent ratio is 18.5, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Monroe, MI are best for renting a condo?
The best neighborhood for renting in Monroe, MI depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Northwest Monroe, Scott Park, Five Points, Whitmer-Trilby and Downtown Toledo, each with its own character and price range.

Condo Rental Trends in Monroe, MI

There are currently 6 condos available for rent in Monroe, MI. The median rent is $988 per month, with 1-bedroom condos renting at $900 and 2-bedroom condos at $1,000.

Rental Home Trends

Number of Condos for Rent
6
Median Condo Rent
$988
Median 1 Bedroom Condo Rent
$900
Median 2 Bedroom Condo Rent
$1,000
How to Rent a Home

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