Cheap Homes for Rent in Mongo, IN from $600 (14 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

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

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.

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.

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 $721. GOLFVIEW in the South Elkhart neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $845. Here is today’s list of the most affordable Mongo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Drake Terrace III2 Bedroom2BR,1BA$721
GOLFVIEWOne Bedroom1BR,1BA$845
The Retreat Apartment Homes1 bd1BR,1BA$914
Woodwind Apartments1 BR/ 1 BA1BR,1BA$925
CedarwoodOne Bedroom Deluxe Upgrade1BR,1BA$1,020

Best Value Apartments for Rent in Mongo, IN and Nearby

As of June 16, 2025 the best value apartment in the Mongo area is the $0.87 price per square foot Two Bedroom Model at Huntertown Apartments in the in the Outer Northside neighborhood starting from $1,300. The second greatest value Mongo apartment is the Copper Creek Townhome Model at Copper Creek Villas starting at $1,795 with a $1.23 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.
Huntertown ApartmentsTwo Bedroom2BR,2.5BA$0.87
Copper Creek VillasCopper Creek Townhome3BR,2.5BA$1.23
Hunter's Pond2 Bedroom/ 2 Bath - Hunter's Pond2BR,2BA$1.24
Griswold Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.03
Walnut Trails ApartmentsThe Walnut2BR,2BA$1.07
GREENLEAF2 bed 2 bath 1000 sq ft2BR,2BA$1.10
Nelson Estates Apartments2Bed_1Bath2BR,1BA$1.13
Crosswait Estates ApartmentsTwo Bedroom2BR,1BA$1.27
River Point West1/11BR,1BA$1.13
Drake Terrace III2 Bedroom2BR,1BA$0.96

Quick 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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Mongo

What type of rentals are currently available in Mongo?

There are currently 42 Apartments for Rent in Mongo, IN with pricing that ranges from $550 to $2,799. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mongo ranging from $600 to $4,800.

What is the current price range for Rental Homes in Mongo?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Mongo ranges from $600 to $4,800 with an average monthly rent of $1,762.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.