
Cheap Apartments for Rent near Mongo, IN from $300 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in Mongo.


Drake Terrace III

Autumn Hills II Apartments

Walnut Trails Apartments

Pine Valley Place

GOLFVIEW

Fawn River Apartments

Sun Meadows Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Stone House Apartments

Deerfield Village

Nelson Estates Apartments

The Retreat Apartment Homes

Woodwind Apartments

West Commons

Ariel Cycle Works

Crosswait Estates Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Arbor Lakes Apartments

GREENLEAF

Chandler Estates Apartments

Apartments At Sauk Trail

Total Monthly Price
Terrace Place Apartments

The Lofts at Milnes Plaza

Atz Place

The Watershed
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

203 S Riley St

204 Autumn Hls Dr

403 Autumn Hls Dr

Virginia Manor Apartments

208 Woodruff St

16950 Woodland Dr

Northcrest Apartments

Enchanted Glen
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.

Price Apartments

Aspen Meadows

416 N Randolph St

Griswold Estates Apartments

Urban Oak Apartment Homes

304 S Guilford St

722 S Main St

182 S Washington St
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.

506 N York St

312 Stone Creek Dr

801 Antler Dr
Mongo, IN Local Guide

How much does it cost to rent an apartment in Mongo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mongo Studio Apartments | $958 | $605 | $1,503 |
| Mongo 1 Bedroom Apartments | $1,254 | $655 | $2,040 |
| Mongo 2 Bedroom Apartments | $1,520 | $741 | $2,406 |
| Mongo 3 Bedroom Apartments | $1,847 | $776 | $2,500 |
Browse Top Apartments in Mongo
See all Apartments in MongoExplore Mongo
Mongo, IN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 2 Beds apartment currently listed from $875. Here is today’s list of the most affordable Mongo apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Drake Terrace III | 2 Bedroom | 2BR,1BA | $741 |
| Autumn Hills II Apartments | 1 Bedroom | 2BR,1BA | $875 |
| Pine Valley Place | One Bedroom | 1BR,1BA | $877 |
| GOLFVIEW | One Bedroom | 1BR,1BA | $885 |
| Fawn River Apartments | 1 Bed | 1BR,1BA | $909 |
| Sun Meadows Apartments | Room to Live, Relax & Enjoy – 1 Bedroom Ranch A... | 1BR,1BA | $925 |
| Deerfield Village | One Bedroom | 1BR,1BA | $945 |
| Nelson Estates Apartments | 2Bed_1Bath | 2BR,1BA | $999 |
| Ariel Cycle Works | Studio | Studio,1BA | $1,080 |
| Crosswait Estates Apartments | Two Bedroom | 2BR,1BA | $1,089 |
Best Value Apartments for Rent in Mongo, IN and Nearby
As of July 29, 2026 the best value apartment in the Mongo area is the $0.83 price per square foot Two Bedroom Model at Huntertown Apartments in the in the Outer Northside neighborhood starting from $1,250. The second greatest value Mongo apartment is the Villas for Rent by Captial Property Management Model at Copper Creek Villas starting at $1,895 with a $1.30 price per square foot in the Pine Valley neighborhood. Here is today’s list of the best values for Mongo apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Huntertown Apartments | Two Bedroom | 2BR,1.5BA | $0.83 |
| Copper Creek Villas | Villas for Rent by Captial Property Management | 3BR,2.5BA | $1.30 |
| BONTERRA APARTMENTS | Chardonnay | 2BR,2BA | $1.37 |
| Griswold Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.08 |
| GREENLEAF | 2 bed 2 bath 1000 sq ft | 2BR,2BA | $1.18 |
| Stoughton Estates Apartments | Two Bedroom | 2BR,1BA | $1.30 |
| Nelson Estates Apartments | 2Bed_1Bath | 2BR,1BA | $1.04 |
| Crosswait Estates Apartments | Two Bedroom | 2BR,1BA | $1.13 |
| Fawn River Apartments | 1 Bed | 1BR,1BA | $0.97 |
| Drake Terrace III | 2 Bedroom | 2BR,1BA | $0.99 |
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Mongo, IN Rentals by Map
See the most popular apartments and homes in Mongo, IN
Frequently Asked Questions about Cheap Mongo Apartments
How much is rent for a Cheap One Bedroom Mongo Apartment?
The lowest price for a Cheap One Bedroom Mongo Apartment is $877 at Pine Valley Place.
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 Drake Terrace III and starts from $776.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.