
Cheap Apartments for Rent in Monrovia, IN from $600 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in Monrovia.


Alpine Studios

Horizons Apartments
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.

185 - COUNTRY VIEW APARTMENTS

Gladden Farms

Hunter Ridge Apartments

Home Place Senior Living

Washington Quarters Apartments
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.

Arborwood Apartments

60 On The Square: A place live and work.

489 E Harrison St
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 | $1,132 | $876 | $1,599 |
Monrovia 1 Bedroom Apartments | $1,411 | $860 | $2,645 |
Monrovia 2 Bedroom Apartments | $1,631 | $975 | $3,490 |
Monrovia 3 Bedroom Apartments | $1,713 | $1,275 | $3,603 |
Monrovia 4 Bedroom Apartments | $1,773 | $1,418 | $1,899 |
Browse Top Apartments in Monrovia
See all Apartments in MonroviaExplore Monrovia
Monrovia, IN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 $876. 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 | Zurich | Studio,1BA | $876 |
Horizons Apartments | The Vision | 1BR,1BA | $925 |
Home Place Senior Living | 1 BD 1 BTH | 1BR,1BA | $1,000 |
Washington Quarters Apartments | Harrison | 1BR,1BA | $1,009 |
Best Value Apartments for Rent in Monrovia, IN and Nearby
As of September 06, 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 Driftwood Model at Redwood Plainfield starting at $1,710 with a $1.52 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 |
Redwood Plainfield | Driftwood | 2BR,2BA | $1.52 |
Saratoga Crossing Apartment Homes | The Princeton | 2BR,2BA | $1.41 |
Settlers Run | The Ranch | 2BR,2BA | $1.29 |
185 - COUNTRY VIEW APARTMENTS | 3B/1L-WD | 3BR,2BA | $1.29 |
Crown Plaza | 2 Beds, 2 baths | 2BR,2BA | $1.45 |
Camby Crossing | 2x2 | 2BR,2BA | $1.51 |
Harpers Crossing | 2 bdr | 2BR,1BA | $1.42 |
Hunter Ridge Apartments | 2x1H R-Prem | 2BR,1BA | $1.50 |
Arborwood Apartments | The Ninebark | 1BR,1BA | $1.48 |
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.
Pet Friendly LifestyleMonrovia, IN
Ranked #147
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 $876.
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.

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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.