[proofplan]
The proof is an immediate consequence of the monotonicity formula for stationary $m$-varifolds. First, we apply monotonicity at the base point $x_0$ and compare the density ratios at radii $\rho$ and $R$. Then, for a point $y$ lying in the half-ball $B(x_0,R/2)$, we apply the same monotonicity formula at $y$ between the radii $\rho$ and $R/2$ and use the geometric containment $B(y,R/2) \subset B(x_0,R)$. This gives an explicit constant depending only on $m$, $R$, and the total mass in the fixed ball.
[/proofplan]
[step:Apply monotonicity at $x_0$ to compare the density ratios]
We use the monotonicity formula for stationary varifolds, which applies to the rectifiable stationary $m$-varifold associated to $\Sigma$. The hypothesis $\mu_\Sigma(B(x_0,R))<\infty$ ensures that the comparison mass on the right-hand side is finite. The formula states that if $z \in B(x_0,R)$ and $0 < r < s$ with $B(z,s) \subset B(x_0,R)$, then the density ratio
\begin{align*}
r \mapsto \frac{\mu_\Sigma(B(z,r))}{r^m}
\end{align*}
is nondecreasing in $r$. Equivalently,
\begin{align*}
\frac{\mu_\Sigma(B(z,r))}{r^m}
\leq
\frac{\mu_\Sigma(B(z,s))}{s^m}.
\end{align*}
Taking $z := x_0$ and $r := \rho$, the formula gives, for every $s$ with $\rho < s < R$,
\begin{align*}
\frac{\mu_\Sigma(B(x_0,\rho))}{\rho^m}
\leq
\frac{\mu_\Sigma(B(x_0,s))}{s^m}.
\end{align*}
Since $B(x_0,s) \subset B(x_0,R)$, monotonicity of the measure $\mu_\Sigma$ with respect to set inclusion gives
\begin{align*}
\frac{\mu_\Sigma(B(x_0,\rho))}{\rho^m}
\leq
\frac{\mu_\Sigma(B(x_0,R))}{s^m}.
\end{align*}
Letting $s \uparrow R$ uses only the convergence $s^{-m} \to R^{-m}$ and yields
\begin{align*}
\frac{\mu_\Sigma(B(x_0,\rho))}{\rho^m}
\leq
\frac{\mu_\Sigma(B(x_0,R))}{R^m}.
\end{align*}
Multiplying both sides by $\rho^m$ gives
\begin{align*}
\mu_\Sigma(B(x_0,\rho))
\leq
\left(\frac{\rho}{R}\right)^m \mu_\Sigma(B(x_0,R)).
\end{align*}
[guided]
The monotonicity formula for stationary varifolds is the only geometric input. The hypothesis that $\Sigma$ is rectifiable lets us regard $\Sigma$ as determining a rectifiable $m$-varifold with mass measure $\mu_\Sigma$, and stationarity is exactly the first-variation hypothesis required by the formula. The added assumption $\mu_\Sigma(B(x_0,R))<\infty$ is used to make the final comparison constant finite; without it, the displayed inequality could have an infinite right-hand side. The formula says that the mass of $\Sigma$ inside balls grows at least like the model power $r^m$, in the precise sense that the ratio
\begin{align*}
r \mapsto \frac{\mu_\Sigma(B(z,r))}{r^m}
\end{align*}
is nondecreasing as long as the ball $B(z,r)$ remains inside the region where the varifold is stationary.
We apply this with center $z := x_0$. Since $0 < \rho < R$, monotonicity gives, for every $s$ with $\rho < s < R$,
\begin{align*}
\frac{\mu_\Sigma(B(x_0,\rho))}{\rho^m}
\leq
\frac{\mu_\Sigma(B(x_0,s))}{s^m}.
\end{align*}
Because $B(x_0,s) \subset B(x_0,R)$, monotonicity of the measure $\mu_\Sigma$ with respect to set inclusion gives
\begin{align*}
\mu_\Sigma(B(x_0,s)) \leq \mu_\Sigma(B(x_0,R)).
\end{align*}
Therefore, for every $s$ with $\rho < s < R$,
\begin{align*}
\frac{\mu_\Sigma(B(x_0,\rho))}{\rho^m}
\leq
\frac{\mu_\Sigma(B(x_0,R))}{s^m}.
\end{align*}
Now let $s \uparrow R$. No continuity property of the measure is needed at this point, because the numerator on the right-hand side has already been bounded by the fixed finite quantity $\mu_\Sigma(B(x_0,R))$, which is finite by hypothesis; only the scalar denominator changes, and $s^{-m} \to R^{-m}$. Hence
\begin{align*}
\frac{\mu_\Sigma(B(x_0,\rho))}{\rho^m}
\leq
\frac{\mu_\Sigma(B(x_0,R))}{R^m}.
\end{align*}
Finally, multiplying by $\rho^m$ gives
\begin{align*}
\mu_\Sigma(B(x_0,\rho))
\leq
\left(\frac{\rho}{R}\right)^m \mu_\Sigma(B(x_0,R)).
\end{align*}
This is exactly the first asserted estimate.
[/guided]
[/step]
[step:Contain the comparison ball centered at $y$ inside the fixed ball]
Fix $y \in B(x_0,R/2)$. By definition of the Euclidean ball,
\begin{align*}
|y - x_0| < \frac{R}{2}.
\end{align*}
If $x \in B(y,R/2)$, then the triangle inequality gives
\begin{align*}
|x - x_0|
\leq
|x-y| + |y-x_0|
<
\frac{R}{2} + \frac{R}{2}
=
R.
\end{align*}
Therefore
\begin{align*}
B(y,R/2) \subset B(x_0,R).
\end{align*}
[/step]
[step:Apply monotonicity at $y$ and use the fixed mass bound]
Fix $0 < \rho < R/2$. Since $y \in B(x_0,R/2) \subset B(x_0,R)$ and $B(y,R/2) \subset B(x_0,R)$, the monotonicity formula applied at the center $y$ with radii $\rho$ and $R/2$ gives
\begin{align*}
\frac{\mu_\Sigma(B(y,\rho))}{\rho^m}
\leq
\frac{\mu_\Sigma(B(y,R/2))}{(R/2)^m}.
\end{align*}
By the containment proved above and monotonicity of the measure $\mu_\Sigma$ with respect to set inclusion,
\begin{align*}
\mu_\Sigma(B(y,R/2)) \leq \mu_\Sigma(B(x_0,R)).
\end{align*}
Consequently,
\begin{align*}
\frac{\mu_\Sigma(B(y,\rho))}{\rho^m}
\leq
\frac{\mu_\Sigma(B(x_0,R))}{(R/2)^m}
=
\frac{2^m}{R^m}\,\mu_\Sigma(B(x_0,R)).
\end{align*}
Multiplying by $\rho^m$ gives
\begin{align*}
\mu_\Sigma(B(y,\rho))
\leq
\frac{2^m}{R^m}\,\mu_\Sigma(B(x_0,R))\,\rho^m.
\end{align*}
Thus the asserted local area bound holds with
\begin{align*}
C := \frac{2^m}{R^m}\,\mu_\Sigma(B(x_0,R)).
\end{align*}
Because $\mu_\Sigma(B(x_0,R))<\infty$ by hypothesis, this constant is finite. It depends only on $m$, $R$, and $\mu_\Sigma(B(x_0,R))$, as required.
[guided]
We now prove the second estimate from the same density-ratio comparison. Fix a point $y \in B(x_0,R/2)$ and a radius $\rho$ satisfying $0<\rho<R/2$. The previous containment step gives
\begin{align*}
B(y,R/2) \subset B(x_0,R),
\end{align*}
so the monotonicity formula for stationary varifolds applies at the center $y$ with the two radii $\rho$ and $R/2$.
The formula gives
\begin{align*}
\frac{\mu_\Sigma(B(y,\rho))}{\rho^m}
\leq
\frac{\mu_\Sigma(B(y,R/2))}{(R/2)^m}.
\end{align*}
The point of choosing the comparison radius $R/2$ is that the whole ball $B(y,R/2)$ lies inside the fixed ball $B(x_0,R)$. Since $\mu_\Sigma$ is a measure, it is monotone with respect to set inclusion, and therefore
\begin{align*}
\mu_\Sigma(B(y,R/2)) \leq \mu_\Sigma(B(x_0,R)).
\end{align*}
Substituting this bound into the density-ratio inequality yields
\begin{align*}
\frac{\mu_\Sigma(B(y,\rho))}{\rho^m}
\leq
\frac{\mu_\Sigma(B(x_0,R))}{(R/2)^m}
=
\frac{2^m}{R^m}\,\mu_\Sigma(B(x_0,R)).
\end{align*}
Multiplying by $\rho^m$ gives
\begin{align*}
\mu_\Sigma(B(y,\rho))
\leq
\frac{2^m}{R^m}\,\mu_\Sigma(B(x_0,R))\,\rho^m.
\end{align*}
Thus the local area bound holds with
\begin{align*}
C := \frac{2^m}{R^m}\,\mu_\Sigma(B(x_0,R)).
\end{align*}
This constant is finite because $\mu_\Sigma(B(x_0,R))<\infty$ by hypothesis, and it depends only on $m$, $R$, and $\mu_\Sigma(B(x_0,R))$.
[/guided]
[/step]