Cheap Homes for Rent in Monroe County, IN from $600 (67 Rentals)

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Search the lowest-cost Homes 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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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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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property at 3416 S Kennedy Dr

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400

3 Bedroom, 1 Bath Condo for Rent

Available Now

3416 S Kennedy Dr, Unit Kennedy Drive

3416 S Kennedy Dr
BloomingtonIN47401
property at 200 N Smith Rd

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500
Total Monthly Price
$1,500

2 Bedroom, 1 Bath Home for Rent

Available Now

200 N Smith Rd

BloomingtonIN47408

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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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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Showing Results 1-50, Page 1 of 2

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 $649. 501 N Walnut in the Downtown Bloomington IN neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $699. Here is today’s list of the most affordable Monroe County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Vivo LivingVivo Living - Large StudioStudio,1BA$649
501 N Walnut501 N. Walnut - Luxury Apartments - 4 Bed/3 Bat...4BR,3BA$699
Park North ApartmentsPark North Renovated - 240SF - AVAILABLE NOW!Studio,1BA$750
3 SquareBStudio,1BA$750
Hub Bloomington4x2 Pod4BR,2BA$799
Northcrest1 Bedroom1BR,1BA$800
Basswood Apartments1 Bedroom 1 Bathroom1BR,1BA$825
Park RidgePark Ridge - 1 Bedroom - Waived Admin Fees & $3...1BR,1BA$849
Town and Country0 Beds, 1 BathsStudio,1BA$850
College Square ApartmentsThe Walnut1BR,1BA$852

Best Value Apartments for Rent in Monroe County, IN

As of July 09, 2026 the best value apartment in the Monroe County area is the $0.76 price per square foot The Blake Model at Regency Court Apartments in the in the Downtown Bloomington IN neighborhood starting from $1,525. The second greatest value Monroe County apartment is the 501 N. Walnut - Luxury Apartments - 4 Bed/3 Bat... Model at 501 N Walnut starting at $699 with a $0.38 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.
Regency Court ApartmentsThe Blake3BR,3.5BA$0.76
501 N Walnut501 N. Walnut - Luxury Apartments - 4 Bed/3 Bat...4BR,3BA$0.38
Stapleton3 Bedroom with a den3BR,2.5BA$1.17
Hoosier Court Apartments3 Bedroom 3 Bath on Amaryllis3BR,3BA$0.97
The Park on Morton3x3 Balcony - Classic3BR,3BA$0.66
The BleachersDouble2BR,2BA$0.85
Curry VillageCurry Village - 2 Bed/1 Bath2BR,1BA$1.28
Aspen BloomingtonFrisco A 2x22BR,2BA$1.13
The MonroeB22BR,2BA$1.02
Summit PointeThe Evergreen1BR,1BA$1.22

Frequently Asked Questions about Monroe County

What type of rentals are currently available in Monroe County?

There are currently 391 Apartments for Rent in Monroe County, IN with pricing that ranges from $599 to $7,000. There are also 290 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monroe County ranging from $650 to $14,000.

What is the current price range for Rental Homes in Monroe County?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Monroe County ranges from $650 to $14,000 with an average monthly rent of $4,191.

How much are larger Three and Four Bedroom Rentals in Monroe County?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Monroe County range from $699 to $3,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $5,000. Four Bedroom Single-Family rentals are also available starting from $1,650 and Four Bedroom Apartments start at $599.

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

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.