
Cheap Apartments for Rent in Monrovia, IN from $600 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in Monrovia.


Alpine Studios

Gladden Farms

185 - COUNTRY VIEW APARTMENTS

Home Place Senior Living

Horizons Apartments

Residences on Ronald Reagan

Steeplechase at Shiloh Crossing
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.

Aspen Pointe Apartments

Hunter Ridge Apartments

Arborwood Apartments

Saratoga Crossing Apartment Homes

Camby Crossing

Aberdeen Apartments at Heartland Crossing

Stone Ridge Flats and Townhomes

Settlers Run
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.

Crown Plaza

Canyon Club at Perry Crossing

The Ascent Apartments of Plainfield

Double Creek Flats Apartments

Hillcrest Apartments

Washington Quarters Apartments

Lakeside at Walnut Hills

Hobbs Station

60 On The Square: A place live and work.
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.

489 E Harrison St

107 S Church St

889 S Cherry St

171 E Washington St

60 W Morgan St

1 E Main St

106 E Main St
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.

10291 Medallion Dr

132 E Center Dr
Monrovia, IN Local Guide

How much does it cost to rent an apartment in Monrovia?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Monrovia Studio Apartments | $1,097 | $876 | $1,359 |
Monrovia 1 Bedroom Apartments | $1,533 | $860 | $2,585 |
Monrovia 2 Bedroom Apartments | $1,786 | $1,015 | $2,842 |
Monrovia 3 Bedroom Apartments | $2,137 | $1,275 | $3,656 |
Monrovia 4 Bedroom Apartments | $1,847 | $1,418 | $1,899 |
Browse Top Apartments in Monrovia
See all Apartments in MonroviaExplore Monrovia
Monrovia, IN Local Guide
- Nearby Cities
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Cheapest Available Monrovia Apartments for Rent and Nearby
 The cheapest available apartment rental in Monrovia, IN is a 1 Bed unit found at Stafford Pointe in the The Settlement - Designer neighborhood priced from $860. Alpine Studios in the Airport District neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $975. Here is today’s list of the most affordable Monrovia apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Stafford Pointe | 1 BR/ 1 BA | 1BR,1BA | $860 |
Alpine Studios | Oslo | Studio,1BA | $975 |
Home Place Senior Living | 1 BD 1 BTH | 1BR,1BA | $1,000 |
Harpers Crossing | 2 bdr | 2BR,1BA | $1,028 |
Horizons Apartments | The Aspiration | 2BR,1BA | $1,055 |
Aspen Pointe Apartments | Spring | 1BR,1BA | $1,110 |
Hunter Ridge Apartments | 2x1H | 2BR,1BA | $1,120 |
Center Street Apartments | B1 R | 2BR,1BA | $1,150 |
Camby Crossing | 1x1 | 1BR,1BA | $1,151 |
The Barlow | The East | 1BR,1BA | $1,220 |
Best Value Apartments for Rent in Monrovia, IN and Nearby
As of October 22, 2025 the best value apartment in the Monrovia area is the $1.33 price per square foot 3 BR/ 1.5 BA Townhouse Model at Stafford Pointe in the in the The Settlement - Designer neighborhood starting from $1,810. The second greatest value Monrovia apartment is the The Bennington Model at Saratoga Crossing Apartment Homes starting at $1,675 with a $1.28 price per square foot in the The Settlement - Designer neighborhood. Here is today’s list of the best values for Monrovia apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Stafford Pointe | 3 BR/ 1.5 BA Townhouse | 3BR,1.5BA | $1.33 |
Saratoga Crossing Apartment Homes | The Bennington | 3BR,2BA | $1.28 |
Redwood Danville | Forestwood | 2BR,2BA | $1.42 |
Residences on Ronald Reagan | Eureka | 2BR,2BA | $1.43 |
185 - COUNTRY VIEW APARTMENTS | 3B/2L-WD | 3BR,2BA | $1.29 |
Arborwood Apartments | The Driftwood | 2BR,2BA | $1.40 |
Harpers Crossing | 2 bdr | 2BR,1BA | $1.16 |
Hunter Ridge Apartments | 2x1H R-Prem | 2BR,1BA | $1.41 |
Center Street Apartments | B1 R | 2BR,1BA | $1.41 |
Horizons Apartments | The Aspiration | 2BR,1BA | $1.41 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleMonrovia, IN
Ranked #183
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Monrovia, IN Rentals by Map
See the most popular apartments and homes in Monrovia, IN
Getting Around Monrovia, IN
Walk Score®
28 / 100
Car-Dependent
Most errands require a car
Bike Score®
30 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Monrovia Apartments
What is the Cheapest Studio apartment in Monrovia?
Currently the most affordable Cheap Studio Apartment in Monrovia is at Alpine Studios listed at $975.
How much is rent for a Cheap One Bedroom Monrovia Apartment?
The lowest price for a Cheap One Bedroom Monrovia Apartment is $860 at Stafford Pointe.
What is the lowest price for a Cheap Two Bedroom Monrovia Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Monrovia is starting from $1,015 at Stafford Pointe.
What is the most affordable Monrovia Three Bedroom Apartment?
The best deal on a cheap Monrovia Three Bedroom Apartment rental is at Horizons Apartments and starts from $1,275.
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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.