Cheap Apartments for Rent near Monon, IN from $498 (53 Rentals)

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

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Shai Lynn
$650 - $900

Total Monthly Price

Base Rent$650 - $900
Total Monthly Price$650 - $900
1 Bedroom Apartments Available Oct 5

Shai Lynn

100-112 Lorene PlWest Lafayette, IN 47906
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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
$1,250 - $1,620

Total Monthly Price

Base Rent$1,250 - $1,620
Total Monthly PriceVaries
1 Bedroom Apartments Available Now

Lindberg Lofts

2081 Lindberg RdWest Lafayette, IN 47906
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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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The Vibe on Paramount
$1,388 - $9,999

Total Monthly Price

Base Rent$1,388 - $9,999
Total Monthly Price$1,388 - $9,999
Studio to 2 Bedroom Apartments Available Now

The Vibe on Paramount

3597 Paramount DrWest Lafayette, IN 47906
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State Street Commons
$1,400 - $2,800

Total Monthly Price

Base Rent$1,400 - $2,800
Total Monthly Price$1,400 - $2,800
2 Bedroom Apartments Available Aug 7, 2027

State Street Commons

120 Andrew PlWest Lafayette, IN 47906
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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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Bethel Townhomes
3 Bedroom Apartments

Bethel Townhomes

3552-3558 Bethel DrWest Lafayette, IN 47906
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University Crossing
Studio to 3 Bedroom Apartments

University Crossing

2601 Soldiers Home RdWest Lafayette, IN 47906
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The Vintage
Studio Apartments

The Vintage

230 S Grant StWest Lafayette, IN 47906
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1155 Anthrop Dr
Studio to 2 Bedroom Apartments

1155 Anthrop Dr

1155 Anthrop DrWest Lafayette, IN 47906
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River Cross
2 to 3 Bedroom Apartments

River Cross

915 N 6th StLafayette, IN 47904
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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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Monon, IN Local Guide

Cheapest Available Monon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Monon, IN is a 1 Bed unit found at Southfork Apartments in the Discovery Park neighborhood priced from $499. Stonecrest Apartments in the Downtown Lafayette neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $625. Here is today’s list of the most affordable Monon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Southfork Apartments1BR/1.0BA1BR, 1BA$499
Stonecrest ApartmentsStudioStudio, 1BA$625
2712 bedroom/1 bath- rent by the room (female & ma...2BR, 1BA$675
900 North Street0BR/1.0BAStudio, 1BA$729
Woods EdgeThe Boilermaker1BR, 1BA$750
Crestview ApartmentsCrestview II2BR, 1BA$800
Historic Downtown Apartments II2x12BR, 1BA$800
Village Square Apartments1x1A1BR, 1BA$850
Windsor West Apartments2BR/1.0BA2BR, 1BA$850
Highland Apartments2 Bedroom, 1 Bath2BR, 1BA$850

Best Value Apartments for Rent in Monon, IN and Nearby

As of September 19, 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 starting from $649. The second greatest value Monon apartment is the South Street Station Model at Station 21 in the Discovery Park neighborhood starting at $815 with a $0.80 price per square foot. 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
Station 21South Street Station2BR, 2BA$0.80
Village West2x12BR, 1BA$0.79
Settlement ApartmentsFour Bedroom, One Bath4BR, 1BA$0.85
Highland Apartments2 Bedroom, 1 Bath2BR, 1BA$0.87
Wabash Lofts2x22BR, 2BA$0.82
Windsor West Apartments2BR/1.0BA2BR, 1BA$1.03
Woods EdgeThe Boilermaker1BR, 1BA$1.07
900 North Street0BR/1.0BAStudio, 1BA$1.04
2712 bedroom/1 bath- rent by the room (female & ma...2BR, 1BA$1.04

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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Pet Friendly Lifestyle
Monon, IN

Ranked #19

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!

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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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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.