
Cheap Homes for Rent in Monon, IN from $600 (4 Rentals)
Search the lowest-cost Homes available for rent right now in Monon.


1218 E Broadway
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.

1224 High St Rd

3402 Cheswick Ct
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.
Monon, IN Local Guide

How much does it cost to rent a home in Monon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monon 2 Bedroom Homes for Rent | $1,278 | $900 | $1,450 |
| Monon 3 Bedroom Homes for Rent | $1,783 | $950 | $2,395 |
| Monon 4 Bedroom Homes for Rent | $2,090 | $1,525 | $3,000 |
| Monon 5 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
Browse Top Homes for Rent in Monon
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Monon, IN Local Guide
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Best Value Apartments for Rent in Monon, IN and Nearby
As of November 29, 2025 the best value apartment in the Monon area is the $1.15 price per square foot 3 BD 1.5 BA Duplex Model at 52 Flats in the in the Discovery Park neighborhood starting from $1,499. The second greatest value Monon apartment is the Nevada-PREM Model at Lodge on the Trail starting at $859 with a $0.72 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. |
|---|---|---|---|
| 52 Flats | 3 BD 1.5 BA Duplex | 3BR,1.5BA | $1.15 |
| Lodge on the Trail | Nevada-PREM | 3BR,3BA | $0.72 |
| The Cottages on Lindberg | 2 BEDROOM 2.5 BATH | 2BR,2.5BA | $0.77 |
| West Lafayette Apartments | 2 Bedroom Traditional Townhome | 2BR,1BA | $1.04 |
| The Ravine Apartment Homes | 2 BR UPGRA | 2BR,1.5BA | $1.23 |
| The Oasis | 3BR/3.0BA | 3BR,3BA | $0.78 |
| Candlelight Estates | Leasing NOW - Brand new 2bd/2bth homes located ... | 2BR,2BA | $1.14 |
| Madison Cottage of Rensselaer | 1x1 | 1BR,1BA | $1.03 |
| Woods Edge | The Boilermaker | 1BR,1BA | $1.07 |
| Shai Lynn | 1bd/1bth | 1BR,1BA | $1.21 |
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.
Read ArticleThe 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.
Read ArticleQuick Rent Budget Calculator
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Pet Friendly LifestyleMonon, IN
Ranked #22
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
Frequently Asked Questions about Monon
What type of rentals are currently available in Monon?
There are currently 79 Apartments for Rent in Monon, IN with pricing that ranges from $498 to $3,454. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monon ranging from $673 to $3,000.
What is the current price range for Rental Homes in Monon?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Monon ranges from $673 to $3,000 with an average monthly rent of $1,677.
How much are larger Three and Four Bedroom Rentals in Monon?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Monon range from $649 to $2,836, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $2,395. Four Bedroom Single-Family rentals are also available starting from $1,525 and Four Bedroom Apartments start at $699.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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.