Cheap Apartments for Rent in Monroe County, IN from $300 (160 Rentals)

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

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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1109 S Rogers St
$830 - $840
Total Monthly Price

Total Monthly Price

Base Rent
$830 - $840
Total Monthly Price
$830 - $840
1 Bedroom Apartment Available Aug 1

1109 S Rogers St

1109 S Rogers StBloomington, IN 47403
Affordability

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property at 339 S Lincoln St

$850 - $1,700

1 To 3 Bedroom Rentals

Available Now

339 S Lincoln St

BloomingtonIN47401
property at 1503 S Walnut St

$885 - $1,125

1 Bedroom Rentals

Available Aug 3

1503 S Walnut St

BloomingtonIN47401

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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property at 348 S Grant St

$1,000 - $1,400

1 Bedroom Rentals

Available Aug 20

348 S Grant St

BloomingtonIN47401
property at 710 N Lincoln St

$1,000 - $1,300

2 Bedroom Rentals

Available Now

710 N Lincoln St

BloomingtonIN47408

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-50, Page 1 of 4

Cheapest Available Monroe County Apartments for Rent

 

The cheapest available apartment rental in Monroe County, IN is a Studio unit found at Vivo Living in the Downtown Bloomington IN neighborhood priced from $549. 3 Square in the Downtown Bloomington IN neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here is today’s list of the most affordable Monroe County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Vivo LivingVivo Living - Petite StudioStudio,1BA$549
3 SquareBStudio,1BA$750
Park North ApartmentsPark North - Renovated Studio Apartments - AVAI...Studio,1BA$750
Hub Bloomington4x2 Pod4BR,2BA$799
Northcrest1 Bedroom1BR,1BA$800
Town and CountryTown and Country - 08Studio,1BA$815
Woodland Springs1 Bedroom1BR,1BA$850
College Square ApartmentsThe Walnut1BR,1BA$852
Continental Terrace2 Bedroom, 1 Bath2BR,1BA$860
Hickory GrovePlum1BR,1BA$875

Best Value Apartments for Rent in Monroe County, IN

As of May 17, 2026 the best value apartment in the Monroe County area is the $0.74 price per square foot 3 Bedroom 3.5 Bath with Basement Model at Hoosier Court Apartments in the in the Downtown Bloomington IN neighborhood starting from $1,500. The second greatest value Monroe County apartment is the 3 Bedroom with a den Model at Stapleton starting at $1,875 with a $1.17 price per square foot in the Downtown Bloomington IN neighborhood. Here is today’s list of the best values for Monroe County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hoosier Court Apartments3 Bedroom 3.5 Bath with Basement3BR,3.5BA$0.74
Stapleton3 Bedroom with a den3BR,2.5BA$1.17
5722 Vinca Court, Unit 57225722 Vinca Court3BR,2.5BA$1.13
The Park on Morton3x3 Balcony - Classic3BR,3BA$0.82
StageyardThe Destination (per bed)2BR,2BA$1.28
Curry VillageCurry Village - 2 Bed/1 Bath2BR,1BA$1.28
The Quarters BloomingtonD2 - 2x22BR,2BA$1.15
Woodland Springs2 Bedroom2BR,1BA$1.16
The MonroeB22BR,2BA$1.18
Continental Terrace2 Bedroom, 1 Bath2BR,1BA$1.16

Frequently Asked Questions about Cheap Monroe County Apartments

What is a cheap apartment in Monroe County?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Monroe County is under $875.

What is the price of a cheap apartment in Monroe County?

The cheapest apartment in Monroe County is Northcrest which is listed at $800, while the average apartment in Monroe County costs $8,100.

What types of apartments are the cheapest in Monroe County?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 336 regular apartments in Monroe County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Monroe County?

Cheap apartments in Monroe County have an average cost of $800 which is $7,300 cheaper than the average rent for all rentals in Monroe County.

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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.