Cheap Homes for Rent in Monroe County, IN from $700 (76 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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.

Read Article

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 2213 W Arlington Rd

$1,300

Total Monthly Price

Total Monthly Price

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

3 Bedroom, 1 Bath Home for Rent

Available Now

2213 W Arlington Rd

BloomingtonIN47404

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.

Read Article
property at 1209 S Lincoln St

$1,499

Total Monthly Price

Total Monthly Price

Base Rent
$1,499
Total Monthly Price
$1,499

3 Bedroom, 2 Bath Home for Rent

Available Aug 17

1209 S Lincoln St

BloomingtonIN47401

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.

Read Article

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.

Read Article
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 $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
Woodland Springs1 Bedroom1BR,1BA$775
Hub Bloomington4x2 Pod4BR,2BA$799
Northcrest1 Bedroom1BR,1BA$800
Town and CountryTown and Country - 08Studio,1BA$815
College Square ApartmentsThe Walnut1BR,1BA$852
Continental Terrace2 Bedroom, 1 Bath2BR,1BA$860
Kingston ManorEfficiencyStudio,1BA$875

Best Value Apartments for Rent in Monroe County, IN

As of May 25, 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 - Classic3BR,3BA$0.77
Hickory GroveMagnolia3BR,1BA$0.96
Curry VillageCurry Village - 2 Bed/1 Bath2BR,1BA$1.28
The Quarters BloomingtonD2 - 2x22BR,2BA$1.15
The MonroeB22BR,2BA$1.15
Continental Terrace2 Bedroom, 1 Bath2BR,1BA$1.16
Woodland Springs1 Bedroom1BR,1BA$1.05

Frequently Asked Questions about Monroe County

What type of rentals are currently available in Monroe County?

There are currently 386 Apartments for Rent in Monroe County, IN with pricing that ranges from $549 to $8,100. There are also 319 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monroe County ranging from $700 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 $700 to $14,000 with an average monthly rent of $3,449.

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 $5,422, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $4,620. Four Bedroom Single-Family rentals are also available starting from $1,645 and Four Bedroom Apartments start at $699.

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

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.