The Monroe Apartments

📍 1862 East 123rd Street, Cleveland, OH 44106

📋 Property Overview

Set in University Circle, Cleveland, Ohio, this home has Studio - 2 bd, 1 ba. The floor plan measures 740 sq ft. Rents run from $1,305 to $2,710 a month. Features in the home include carpet, in unit laundry, granite counters and range. Shared amenities include gym, internet access, game room and pool. Residents have access to surface lot. The standard lease term is 12 months. Availability: Available now. The Walk Score here is 78, meaning most errands can be done on foot. Transit Score is 55. Rent sits 18% below the area median ($1,600).

🚶 Getting Around

• Walk Score78/100

  Very Walkable

• Transit Score55/100

  Good Transit

💵 Costs & Lease

Deposit

$1,170

Lease length

12 months

Units available

9 units

Amounts are as published by the source and may change. Confirm before applying.

📐 Floor Plan Details

• 1 Bed 1 Bath1 bd · 1 ba · 915 sq ftNone available right now
• 2 Bed 2 Bath2 bd · 2 ba · 1,115 sq ft$1,8001 unit available
• 2 Bed 2 Bath2 bd · 2 ba · 1,239 sq ft$2,7101 unit available
• Studio PlusStudio · 1 ba · 796 sq ft$1,3502 units available
• 1 Bed 1 Bath1 bd · 1 ba · 740 sq ft$1,3051 unit available
• StudioStudio · 1 ba · 606 sq ftNone available right now
• 2 Bed 1 Bath2 bd · 1 ba · 1,010 sq ftNone available right now
• 2 Bed 2 Bath Plus2 bd · 2 ba · 1,609 sq ft$2,1601 unit available
• 1 Bed 1 Bath1 bd · 1 ba · 999 sq ft$1,6202 units available
• StudioStudio · 1 ba · 592 sq ftNone available right now
• Furnished Suite1 bd · 1 ba · 740 sq ft$2,1601 unit available

🧾 Move-in Costs & Lease

Security deposit

$1,170

Move-in fee

$250

Lease length

12 months

Available

Available now

Application fee

$60 per applicant, paid to RivoRent

Property amounts are as published by the source and may change. Confirm before applying. The application fee is RivoRent's own and is the same on every listing.

🛡️ Renters Insurance — Estimated Cost

Based on what Ohio renters actually paid: NAIC industry data for 2023 (average HO-4 premium, 756,038 policy-years), adjusted to July 2026 with the U.S. Bureau of Labor Statistics tenants' insurance index. It is a market average, not a price for this building and not a price for you.

Your own price depends most on your credit-based insurance score, your claims history and which carrier you choose. In published Ohio figures the same coverage ranges from $127 a year at excellent credit to $933 at poor credit. We do not ask for any of that, so we cannot narrow this for you.

✅ Who Qualifies

Must have 3x the rent in total household income (before taxes)

✨ Features & Details

• In unit laundry
• Patio / balcony
• Granite counters
• Dishwasher
• Parking
• Stainless steel
• Walk in closets
• Range
• Oven
• Microwave
• Refrigerator
• Air conditioning
• Carpet
• Bathtub
• Gym
• Game room
• Pool
• Internet access
• 1115 sq ft
• 1239 sq ft
• 796 sq ft
• 740 sq ft
• 1609 sq ft
• 999 sq ft

📊 Property Facts

Walk Score

78 · Very Walkable

Transit Score

55 · Good Transit

🚗 Parking

• Surface lot · 1 space · $125

🎓 Nearby Schools

• Mary M Bethune · PK-84/10 · 0.6 mi
• Superior Elementary School · PK-64/10 · 0.8 mi
• Cleveland School Of The Arts High School · 7-124/10 · 1.0 mi
• John Hay School Of Architecture & Design · 9-127/10 · 1.0 mi
• John Hay School Of Science & Medicine · 9-129/10 · 1.0 mi
• John Hay Early College High School · 9-129/10 · 1.0 mi
• Citizens Academy · K-53/10 · 1.1 mi
• Citizens Leadership Academy · 6-84/10 · 1.1 mi
• Roxboro Middle School · 6-84/10 · 1.3 mi
• Roxboro Elementary School · K-54/10 · 1.3 mi

🏡 Floor Plans

1-102

1,115 sq ft · 12 mo

Available now

$1,800

1-203

1,239 sq ft · 12 mo

Available now

$2,710

1-215

796 sq ft · 12 mo

Available now

$1,350

1-314

796 sq ft · 12 mo

Available now

$1,350

1-109

740 sq ft · 12 mo

Available now

$1,305

1-201

1,609 sq ft · 12 mo

Available now

$2,160