Cheap Apartments for Rent in Mongo, IN from $300 (40 Rentals)

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Search the lowest-cost Apartments available for rent right now in Mongo.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Terrace Place Apartments
Rent Specials
$1,199 - $1,799
Total Monthly Price

Total Monthly Price

Base Rent
$1,199 - $1,799
Total Monthly Price
$1,199 - $1,799
1 to 2 Bedroom Apartments Available Now

Terrace Place Apartments

400 N Terrace BlvdAngola, IN 46703
Furnished
  • Verified
  • Customer Reviewed
  • Utilities Included
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Atz Place
1 to 2 Bedroom Apartments

Atz Place

301 E Wayne StKendallville, IN 46755
Senior Living
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The Watershed
Studio to 2 Bedroom Apartments

The Watershed

110 W Chicago RdSturgis, MI 49091

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Northcrest Apartments
Studio to 3 Bedroom Apartments

Northcrest Apartments

810 Regency CtAngola, IN 46703
  • Utilities Included
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Price Apartments
1 to 2 Bedroom Apartments

Price Apartments

40 Glenn AveQuincy, MI 49082
Corporate Housing

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Enchanted Glen
1 to 3 Bedroom Apartments

Enchanted Glen

466 S Burr Oak RdColon, MI 49040
  • Utilities Included
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Aspen Meadows
1 to 3 Bedroom Apartments

Aspen Meadows

1227 Briarwood BlvdGoshen, IN 46526
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-40, Page 1 of 1

Mongo, IN Local Guide

Cheapest Available Mongo Apartments for Rent and Nearby

 

The cheapest available apartment rental in Mongo, IN is a 2 Beds unit found at Drake Terrace III priced from $741. Autumn Hills II Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here is today’s list of the most affordable Mongo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Drake Terrace III2 Bedroom2BR,1BA$741
Autumn Hills II Apartments1 Bed, 1 bath1BR,1BA$875
Crosswait Estates ApartmentsTwo Bedroom2BR,1BA$919
Stone House Apartments1 Bedroom1BR,1BA$920
GOLFVIEWSmall Two Bedroom2BR,2BA$925
West CommonsThe CoveStudio,1BA$999
CedarwoodOne Bedroom Deluxe Upgrade1BR,1BA$1,020
Deerfield VillageOne Bedroom1BR,1BA$1,050
Nelson Estates Apartments2Bed_1Bath2BR,1BA$1,069
Griswold Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1,109

Best Value Apartments for Rent in Mongo, IN and Nearby

As of April 30, 2026 the best value apartment in the Mongo area is the $0.94 price per square foot 3 bed 2 bath 1600 sq ft Model at GREENLEAF in the in the East Jackson neighborhood starting from $1,499. The second greatest value Mongo apartment is the Two Bedroom Model at Huntertown Apartments starting at $1,695 with a $1.13 price per square foot in the Outer Northside neighborhood. Here is today’s list of the best values for Mongo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
GREENLEAF3 bed 2 bath 1600 sq ft3BR,2BA$0.94
Huntertown ApartmentsTwo Bedroom2BR,2.5BA$1.13
Villas for Rent by Capital Property Management, LLCVilla3BR,2.5BA$1.30
Walnut Trails ApartmentsThe Oak2BR,2BA$1.19
Griswold Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.06
Stoughton Estates ApartmentsTwo Bedroom2BR,1BA$1.24
Nelson Estates Apartments2Bed_1Bath2BR,1BA$1.11
Crosswait Estates ApartmentsTwo Bedroom2BR,1BA$0.96
GOLFVIEWSmall Two Bedroom2BR,2BA$0.98
Drake Terrace III2 Bedroom2BR,1BA$0.99

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Mongo, IN Rentals by Map

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Frequently Asked Questions about Cheap Mongo Apartments

What is the Cheapest Studio apartment in Mongo?

Currently the most affordable Cheap Studio Apartment in Mongo is at West Commons listed at $999.

How much is rent for a Cheap One Bedroom Mongo Apartment?

The lowest price for a Cheap One Bedroom Mongo Apartment is $875 at Autumn Hills II Apartments.

What is the lowest price for a Cheap Two Bedroom Mongo Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Mongo is starting from $741 at Drake Terrace III.

What is the most affordable Mongo Three Bedroom Apartment?

The best deal on a cheap Mongo Three Bedroom Apartment rental is at Deerfield Village and starts from $1,475.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.