Cheap Apartments for Rent near Monon, IN from $400 (51 Rentals)

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

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.

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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.

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Lindberg Lofts
$1,224 - $1,812
Total Monthly Price

Total Monthly Price

Base Rent
$1,224 - $1,812
Total Monthly Price
Varies
1 Bedroom Apartments Available Now

Lindberg Lofts

2081 Lindberg RdWest Lafayette, IN 47906
Student Housing
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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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State Street Commons
$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

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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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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River Cross
2 to 3 Bedroom Apartments

River Cross

915 N 6th StLafayette, IN 47904
Student Housing
property at 808 Stanley St

$1,199

3 Bedroom, 2 Bath Home for Rent

Available Now

808 Stanley St

LogansportIN46947

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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Showing Results 1-50, Page 1 of 2

Monon, IN Local Guide

Cheapest Available Monon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Monon, IN is a 4 Beds unit found at Southfork Apartments in the Discovery Park neighborhood priced from $499. Fowler Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $599. Here is today’s list of the most affordable Monon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Southfork ApartmentsFloorplan D4BR,2BA$499
Fowler Place ApartmentsFloorplan E1BR,1BA$599
Stonecrest ApartmentsStudioStudio,1BA$625
2712 bedroom/1 bath- rent by the room (female & ma...2BR,1BA$675
1214 Columbia StreetStudioStudio,1BA$735
Woods EdgeThe Boilermaker1BR,1BA$750
Crestview ApartmentsCrestview II2BR,1BA$800
Historic Downtown Apartments II2x12BR,1BA$800
Windsor West Apartments2BR/1.0BA2BR,1BA$875
Village Square Apartments1x1A R1BR,1BA$899

Best Value Apartments for Rent in Monon, IN and Nearby

As of August 04, 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 2 Bedroom A Model at Highland Apartments starting at $900 with a $0.92 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
Highland Apartments2 Bedroom A2BR,1BA$0.92
Ashley Oaks Apartments2BR1.5BR2BR,1.5BA$1.22
Madison Cottage of Rensselaer1x11BR,1BA$1.14
Franklin Park ApartmentsThe Twain2BR,1BA$1.21
Windsor West Apartments2BR/1.0BA2BR,1BA$1.06
The Oasis2026 FALL LEASING Luxury Upscale 2-bedroom, 2-b...2BR,2BA$0.98
Woods EdgeThe Boilermaker1BR,1BA$1.07
2712BR/1.0BA2BR,1BA$1.07
Fowler Place ApartmentsFloorplan E1BR,1BA$1.20

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 #18

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 $499 at Southfork Apartments.

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 $675 at 271.

What is the most affordable Monon Three Bedroom Apartment?

The best deal on a cheap Monon Three Bedroom Apartment rental is at Woods Edge and starts from $950.

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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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.

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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.

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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.

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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.