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Monroe, MI Townhomes for Rent

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  • 300 Twin Oaks Ct, Monroe, MI 48162
    300 Twin Oaks Ct, Monroe, MI 48162
    300 Twin Oaks Ct, Monroe, MI 48162
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    Starting at $925 Per Month

    • 1 - 3 Beds

    300 Twin Oaks Ct, Monroe, MI 48162

    Enjoy living in a spacious home nestled in a park-like setting conveniently located to nearby retailers and restaurants. Oak Forest has limited availability. Contact us today to find out how you can take the next steps toward making Oak Forest your new home.

    Oak Forest Townhomes & Apartments

    300 Twin Oaks Ct, Monroe, MI 48162
  • 1318 Frank Dr, Monroe, MI 48162
    1318 Frank Dr, Monroe, MI 48162
    1318 Frank Dr, Monroe, MI 48162
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    Starting at $885 Per Month

    • Studio - 3 Beds

    1318 Frank Dr, Monroe, MI 48162

    Hampton Apartments and Townhomes is a gracious rental community located off Telegraph Road in northwest Monroe, minutes from both 1-75 and I-275. Residents enjoy the close convenience of retail, recreation and restaurants within walking distance. Hampton offers an extensive selection of apartment homes from a personal studio to a gigantic three bedroom townhome, with rental rates to meet most

    Hampton Apartments & Townhomes

    1318 Frank Dr, Monroe, MI 48162
Michigan Monroe County Monroe

Townhomes for Rent in Monroe, MI

Frequently Asked Questions

How much does it cost to rent a townhouse in Monroe, MI?
The median rent for a townhouse in Monroe, MI is $1,150 per month, though prices vary by neighborhood, size, and property type. As of July 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 $39,000 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 $975 per month in Monroe, MI, renters typically need to show $2,925 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 19.7, 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.

Townhouse Rental Trends in Monroe, MI

There are currently 2 townhouses available for rent in Monroe, MI. The median rent is $1,150 per month, with 2-bedroom townhouses renting at $1,150.

Rental Home Trends

Number of Townhouses for Rent
2
Median Townhouse Rent
$1,150
Median 2 Bedroom Townhouse Rent
$1,150
How to Rent a Home

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