Cheap Homes for Rent in Monroe County, IN from $600 (59 Rentals)

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

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 2412 Brittany Ln

2412 Brittany Ln

BloomingtonIN47401

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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Cheapest Available Monroe County Apartments for Rent

 

The cheapest available apartment rental in Monroe County, IN is a Studio unit found at Kingston Manor in the Downtown Bloomington IN neighborhood priced from $675. Vivo Living in the Downtown Bloomington IN neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $699. Here is today’s list of the most affordable Monroe County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Kingston ManorEfficiencyStudio,1BA$675
Vivo LivingVivo Living - Studios - AVAILABLE NOW Reduced r...Studio,1BA$699
Northcrest1 Bedroom1BR,1BA$700
College Square ApartmentsThe Walnut1BR,1BA$815
Continental Terrace2 Bedroom, 1 Bath2BR,1BA$860
Union at Crescent1 Bed 1 Bath1BR,1BA$866
Woodland Springs2 Bedroom2BR,1BA$890
CedargateOne Bed One Bath1BR,1BA$899
The Crossing at Pete Ellis1 Bedroom1BR,1BA$900
Summit PointeWoodland1BR,1BA$900

Best Value Apartments for Rent in Monroe County, IN

As of May 29, 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
The League Bloomington10 North 2x2 XL2BR,2BA$1.20
1545 S Stone Dr, Unit stone Drive1545 S Stone Dr2BR,2BA$1.20
Woodland Springs2 Bedroom2BR,1BA$1.06
Continental Terrace2 Bedroom, 1 Bath2BR,1BA$1.16
The Crossing at Pete Ellis1 Bedroom1BR,1BA$1.25

Frequently Asked Questions about Monroe County

What type of rentals are currently available in Monroe County?

There are currently 362 Apartments for Rent in Monroe County, IN with pricing that ranges from $675 to $8,200. There are also 237 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monroe County ranging from $650 to $10,000.

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 $10,000 with an average monthly rent of $4,414.

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 $895 to $4,100, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $5,550. Four Bedroom Single-Family rentals are also available starting from $1,355 and Four Bedroom Apartments start at $825.

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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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.

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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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.