Cheap Apartments for Rent in Monroe County, IN from $300 (134 Rentals)

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

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.

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property at 1020 W 6th St

1020 W 6th St

BloomingtonIN47404

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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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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property at 905-907 E 13th St

905-907 E 13th St

BloomingtonIN47408

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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property at 412 E 4th St

412 E 4th St

BloomingtonIN47401
Showing Results 1-50, Page 1 of 3

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 $749. Acadia Court has the second lowest priced unit, which is a Studio apartment currently listed from $760. 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$749
Acadia CourtStudioStudio,1BA$760
CedargateStudio StandardStudio,1BA$800
Woodington Management PropertiesOld TowneStudio,1BA$800
College Square ApartmentsThe Walnut1BR,1BA$815
Northcrest1 Bedroom1BR,1BA$860
Union at Crescent1 Bed 1 Bath1BR,1BA$866
The Crossing at Pete Ellis1 Bedroom1BR,1BA$900
46 Flats46 Flats - Studio (Layout S2)Studio,1BA$925
3 SquareHStudio,1BA$950

Best Value Apartments for Rent in Monroe County, IN

As of June 23, 2025 the best value apartment in the Monroe County area is the $0.97 price per square foot 3 Bedroom 3 Bath on Amaryllis Model at Hoosier Court Apartments in the in the Downtown Bloomington IN neighborhood starting from $1,400. The second greatest value Monroe County apartment is the The Celer (per bed) Model at Stageyard starting at $1,114 with a $0.84 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 Bath on Amaryllis3BR,3BA$0.97
StageyardThe Celer (per bed)3BR,3BA$0.84
Urban StationThe Vertex (per bed)3BR,3BA$0.85
THIRDTHIRD - The Knight - Bedroom A w/ Attached Bath...3BR,2BA$0.54
Park on Morton2x2 Corner2BR,2BA$1.19
Woodland Springs3 Bedroom3BR,1BA$1.19
The League Bloomington10 North 2x2 XL2BR,2BA$1.20
Hazel Briar CourtRose2BR,2BA$1.13
The Quarters BloomingtonA2 - 2x22BR,2BA$1.12
Brandon CourtTwo Bed One 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 $950.

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

The cheapest apartment in Monroe County is College Square Apartments which is listed at $815, while the average apartment in Monroe County costs $7,665.

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 160 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 $546 which is $7,119 cheaper than the average rent for all rentals in Monroe County.

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.

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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.

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

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.