Cheap Apartments for Rent in Monrovia, IN from $600 (40 Rentals)

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Search the lowest-cost Apartments available for rent right now in Monrovia.

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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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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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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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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Stanley Terrace
1 to 3 Bedroom Apartments

Stanley Terrace

451 N Vine StPlainfield, IN 46168

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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Showing Results 1-40, Page 1 of 1

Monrovia, IN Local Guide

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. Horizons Apartments in the Airport District neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here is today’s list of the most affordable Monrovia apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Stafford Pointe1 BR/ 1 BA1BR,1BA$860
Horizons ApartmentsThe Vision1BR,1BA$925
Camby Crossing1x11BR,1BA$999
Home Place Senior Living1 BD 1 BTH1BR,1BA$1,000
Alpine StudiosOsloStudio,1BA$1,084
Aspen Pointe ApartmentsSpring1BR,1BA$1,110
Aberdeen ApartmentsAbbington1BR,1BA$1,119
Hunter Ridge Apartments2x1H2BR,1BA$1,120
Arborwood ApartmentsThe Hawthorn1BR,1BA$1,121
Saratoga Crossing Apartment HomesThe Camden1BR,1BA$1,124

Best Value Apartments for Rent in Monrovia, IN and Nearby

As of December 08, 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 Forestwood Model at Redwood Danville starting at $1,808 with a $1.40 price per square foot in the Lizton Clayton neighborhood. Here is today’s list of the best values for Monrovia apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Stafford Pointe3 BR/ 1.5 BA Townhouse3BR,1.5BA$1.33
Redwood DanvilleForestwood2BR,2BA$1.40
Hillcrest Apartments2x1A2BR,1BA$1.21
Avon CreekThe Jr Brook2BR,2BA$1.49
Residences on Ronald ReaganDutch1BR,1BA$1.42
Canyon Club at Perry CrossingColca (A1)1BR,1BA$1.46
Hunter Ridge Apartments2x1H R-Prem2BR,1BA$1.41
Arborwood ApartmentsThe Ninebark1BR,1BA$1.48
Aspen Pointe ApartmentsSpring1BR,1BA$1.50
Camby Crossing1x11BR,1BA$1.45

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.

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The 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.

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Quick 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.

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Pet Friendly Lifestyle
Monrovia, IN

Ranked #186

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Monrovia, IN Rentals by Map

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See the most popular apartments and homes in Monrovia, IN

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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 $1,084.

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 Camby Crossing and starts from $1,250.

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

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.