Cheap Apartments for Rent in Monon, IN from $400 (47 Rentals)

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

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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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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State Street Commons
Rent Specials
$1,400 - $2,800
Total Monthly Price

Total Monthly Price

Base Rent
$1,400 - $2,800
Total Monthly Price
$1,400 - $2,800
2 Bedroom Apartments Available Soon

State Street Commons

120 Andrew PlWest Lafayette, IN 47906
Student Housing
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900 North St
Studio to 1 Bedroom Apartments

900 North St

900 North StLogansport, IN 46947
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Stratford II
Studio to 4 Bedroom Apartments

Stratford II

305 N Salisbury StWest Lafayette, IN 47906
Student Housing

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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The Vintage
Studio Apartments

The Vintage

230 S Grant StWest Lafayette, IN 47906
Student Housing
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Bethel Townhomes
3 Bedroom Apartments

Bethel Townhomes

3552-3558 Bethel DrWest Lafayette, IN 47906
Student Housing
  • Utilities Included
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1155 Anthrop Dr
Studio to 2 Bedroom Apartments

1155 Anthrop Dr

1155 Anthrop DrWest Lafayette, IN 47906
Student Housing
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CNC Leasing Group
3 Bedroom Apartments

CNC Leasing Group

1117 Hedgewood DrLafayette, IN 47904
property at 808 Stanley St

$1,100

3 Bedroom, 2 Bath Home for Rent

Available Now

808 Stanley St

LogansportIN46947

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.

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River Cross
2 to 3 Bedroom Apartments

River Cross

915 N 6th StLafayette, IN 47904
Student Housing
Showing Results 1-47, Page 1 of 1

Monon, IN Local Guide

Cheapest Available Monon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Monon, IN is a Studio unit found at Stonecrest Apartments in the Downtown Lafayette neighborhood priced from $625. Windsor West Apartments Homes in the Discovery Park neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $650. Here is today’s list of the most affordable Monon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Stonecrest ApartmentsStudioStudio,1BA$625
Windsor West Apartments Homes2 Bedroom 1 Bath2BR,1BA$650
Launch3B3BR,3BA$659
McCormick Manor2 Bedroom 2 Bath *per Bed Price2BR,2BA$745
Woods EdgeThe Boilermaker1BR,1BA$750
Historic Downtown Apartments II2x12BR,1BA$800
Waterford CourtStandard One Bedroom (SN4M)1BR,1BA$823
Village Square Apartments1x1B1BR,1BA$825
Madison Cottage of Rensselaer1x11BR,1BA$970
The Ravine Apartment HomesThe Hawthorn1BR,1BA$989

Best Value Apartments for Rent in Monon, IN and Nearby

As of June 20, 2026 the best value apartment in the Monon area is the $0.34 price per square foot 3 Bedroom x 3.5 Bathroom Townhouse Model at Lark West Lafayette Townhomes in the starting from $649. The second greatest value Monon apartment is the Nevada-PREM Model at Lodge on the Trail starting at $625 with a $0.52 price per square foot in the Discovery Park neighborhood. Here is today’s list of the best values for Monon apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lark West Lafayette Townhomes3 Bedroom x 3.5 Bathroom Townhouse3BR,3.5BA$0.34
Lodge on the TrailNevada-PREM3BR,3BA$0.52
The Cottages on Lindberg2 BEDROOM 2.5 BATH2BR,2.5BA$0.77
Fairway ApartmentsEARLY MOVE IN AVAILABLE- Turnberry | Text to To...2BR,2BA$0.78
Wabash Lofts2x22BR,2BA$0.88
Madison Cottage of Rensselaer1x11BR,1BA$1.14
Victory on Salisbury3BR/1BA3BR,1BA$1.07
Windsor West Apartments Homes2 Bedroom 1 Bath2BR,1BA$0.90
Woods EdgeThe Boilermaker1BR,1BA$1.07
2712BR/1.0BA2BR,1BA$1.07

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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Real 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.

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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.

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Pet Friendly Lifestyle
Monon, IN

Ranked #22

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Monon, IN

School data provided by Great Schools

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

Explore Monon, IN Rentals by Map

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See the most popular apartments and homes in Monon, IN

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Frequently Asked Questions about Cheap Monon Apartments

What is the Cheapest Studio apartment in Monon?

Currently the most affordable Cheap Studio Apartment in Monon is at Stonecrest Apartments listed at $625.

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

The lowest price for a Cheap One Bedroom Monon Apartment is $750 at Woods Edge.

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

Today's best deal for a Cheap Two Bedroom Apartment in Monon is starting from $650 at Windsor West Apartments Homes.

What is the most affordable Monon Three Bedroom Apartment?

The best deal on a cheap Monon Three Bedroom Apartment rental is at Launch and starts from $659.

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

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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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.