
Cheap Apartments for Rent in Monon, IN from $300 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in Monon.


52 Flats

Stonecrest Apartments
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.

Waterford Court

Historic Downtown Apartments II

Village Square Apartments

Shenandoah Properties
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.

Madison Cottage of Rensselaer

Victory on Salisbury

271 River Road by Weida Apartments
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.

West Lafayette Apartments
Monon, IN Local Guide

How much does it cost to rent an apartment in Monon?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Monon Studio Apartments | $1,274 | $599 | $1,859 |
Monon 1 Bedroom Apartments | $1,461 | $715 | $3,187 |
Monon 2 Bedroom Apartments | $1,507 | $386 | $2,745 |
Monon 3 Bedroom Apartments | $1,783 | $498 | $2,845 |
Monon 4 Bedroom Apartments | $1,474 | $699 | $3,600 |
Browse Top Apartments in Monon
See all Apartments in MononExplore Monon
Monon, IN Local Guide
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Cheapest Available Monon Apartments for Rent and Nearby
 The cheapest available apartment rental in Monon, IN is a 3 Beds unit found at 52 Flats in the Discovery Park neighborhood priced from $498. 900 North St has the second lowest priced unit, which is a Studio apartment currently listed from $599. Here is today’s list of the most affordable Monon apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
52 Flats | 3BD 1.5BA DUPLEX - PER BD | 3BR,1BA | $498 |
900 North St | Studio | Studio,1BA | $599 |
Stonecrest Apartments | Studio | Studio,1BA | $625 |
Waterford Court | Standard One Bedroom (SN1) | 1BR,1BA | $715 |
West Lafayette Apartments | Studio Available | Studio,1BA | $750 |
Best Value Apartments for Rent in Monon, IN and Nearby
As of September 06, 2025 the best value apartment in the Monon area is the $1.13 price per square foot 3x2 R Model at Village Square Apartments in the starting from $1,427. The second greatest value Monon apartment is the 2 BEDROOM 2.5 BATH Model at The Cottages on Lindberg starting at $899 with a $0.77 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Village Square Apartments | 3x2 R | 3BR,2BA | $1.13 |
The Cottages on Lindberg | 2 BEDROOM 2.5 BATH | 2BR,2.5BA | $0.77 |
The Ravine Apartment Homes | 2BR | 2BR,2BA | $1.11 |
Village West | 2x1 | 2BR,1BA | $0.77 |
Lodge on the Trail | Colorado-PREM | 2BR,2BA | $1.02 |
Madison Cottage of Rensselaer | 1x1 | 1BR,1BA | $1.03 |
The Oasis | Premium 2bd/2bth Apt Living Near Purdue University | 2BR,2BA | $1.11 |
900 North St | Studio | Studio ,1BA | $0.86 |
Shai Lynn | 1bd/1bth | 1BR,1BA | $1.29 |
Historic Downtown Apartments II | 2x1 | 2BR,1BA | $1.28 |
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Pet Friendly LifestyleMonon, IN
Ranked #96
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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
See the most popular apartments and homes in Monon, IN
Getting Around Monon, IN
Walk Score®
13 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
32 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 900 North St listed at $599.
How much is rent for a Cheap One Bedroom Monon Apartment?
The lowest price for a Cheap One Bedroom Monon Apartment is $715 at Waterford Court.
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 $612 at 52 Flats.
What is the most affordable Monon Three Bedroom Apartment?
The best deal on a cheap Monon Three Bedroom Apartment rental is at 52 Flats and starts from $498.
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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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.