Cheap Homes for Rent in Monroe County, IN from $600 (122 Rentals)

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

property at 420 1/2 W 2nd St

$695

1 Bedroom, 1 Bath Home for Rent

Available Now

420 1/2 W 2nd St

BloomingtonIN47403
property at 517 S Rogers St

$750

1 Bedroom, 1 Bath Home for Rent

Available Now

517 S Rogers St

BloomingtonIN47403
property at 2609 S Madison St

$825

Total Monthly Price

Total Monthly Price

Base Rent
$825
Total Monthly Price
$825

1 Bedroom, 1 Bath Home for Rent

Available Now

2609 S Madison St

BloomingtonIN47403
property at 318 S Euclid Ave

$825

Total Monthly Price

Total Monthly Price

Base Rent
$825
Total Monthly Price
$825

1 Bedroom, 1 Bath Home for Rent

Available Now

318 S Euclid Ave

BloomingtonIN47403
property at 415 N Kimble Dr

$850

1 Bedroom, 1 Bath Home for Rent

Available Now

415 N Kimble Dr

BloomingtonIN47404

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.

Read Article
property at 5221 Raubs Ln

$895

2 Bedroom, 1 Bath Home for Rent

Available Now

5221 Raubs Ln

BloomingtonIN47404

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 314 W Kenwood Dr

$1,100

2 Bedroom, 2 Bath Home for Rent

Available Now

314 W Kenwood Dr

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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property at 108 E Vermilya Ave

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300

1 Bedroom, 1 Bath Home for Rent

Available Aug 1, 2027

108 E Vermilya Ave

BloomingtonIN47401

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 2607 Rockport Rd

$1,350

2 Bedroom, 1 Bath Home for Rent

Available Now

2607 Rockport Rd

BloomingtonIN47403

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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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 $549. Lofton in the Downtown Bloomington IN neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $749. 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
LoftonLofton - Individual Lease/ Roommate Matching - ...1BR,2BA$749
Acadia CourtStudioStudio,1BA$760
Woodland Springs1 Bedroom1BR,1BA$825
326 West Kenwood Drive1BR/1.0BA1BR,1BA$850
Town and CountryTown and Country - 20Studio,1BA$850
Continental Terrace2 Bedroom, 1 Bath2BR,1BA$860
Union at Crescent1 Bed 1 Bath1BR,1BA$866
Kingston ManorEfficiencyStudio,1BA$875

Best Value Apartments for Rent in Monroe County, IN

As of February 15, 2026 the best value apartment in the Monroe County area is the $1.17 price per square foot 4 Bedroom 2.5 Bath Model at Townhouses On Tenth in the in the Downtown Bloomington IN neighborhood starting from $1,875. The second greatest value Monroe County apartment is the 5722 Vinca Court Model at 5722 Vinca Court, Unit 5722 starting at $1,750 with a $1.13 price per square foot . 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.
Townhouses On Tenth4 Bedroom 2.5 Bath4BR,2.5BA$1.17
5722 Vinca Court, Unit 57225722 Vinca Court3BR,2.5BA$1.13
Nile Ridge TownhomesThree Bedroom Townhome3BR,3.5BA$0.91
Hoosier Court Apartments3 Bedroom 3 Bath on Amaryllis3BR,3BA$0.97
Park on Morton3x3 Balcony - Classic3BR,3BA$0.92
The Quarters BloomingtonA4 - 4x44BR,4BA$0.63
Hickory GroveMagnolia3BR,1BA$0.96
Urban StationThe Pulse (per bed)2BR,2BA$1.15
The MonroeB22BR,2BA$1.15
Continental Terrace2 Bedroom, 1 Bath2BR,1BA$1.16

Frequently Asked Questions about Monroe County

What type of rentals are currently available in Monroe County?

There are currently 424 Apartments for Rent in Monroe County, IN with pricing that ranges from $549 to $13,500. There are also 477 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monroe County ranging from $695 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 $695 to $14,000 with an average monthly rent of $4,483.

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 $650 to $6,723, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $5,400. Four Bedroom Single-Family rentals are also available starting from $1,545 and Four Bedroom Apartments start at $785.

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 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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.