
Cheap Apartments for Rent in Monrovia, IN from $500 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in Monrovia.


Stafford Pointe

Alpine Studios

Horizons Apartments

Gladden Farms
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.

Aspen Pointe Apartments

Home Place Senior Living

185 - COUNTRY VIEW APARTMENTS

107 S Church St

10301 Medallion Dr
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.
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 | $1,090 | $299 | $1,599 |
Monrovia 1 Bedroom Apartments | $1,435 | $860 | $2,785 |
Monrovia 2 Bedroom Apartments | $1,694 | $915 | $3,281 |
Monrovia 3 Bedroom Apartments | $1,898 | $1,298 | $5,516 |
Monrovia 4 Bedroom Apartments | $1,859 | $1,418 | $2,580 |
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Monrovia, IN Local Guide
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Cheapest Available Monrovia Apartments for Rent and Nearby
 The cheapest available apartment rental in Monrovia, IN is a Studio unit found at 60 On The Square: A place live and work. priced from $299. Harpers Crossing in the Avon Creek Estates neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $529. Here is today’s list of the most affordable Monrovia apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
60 On The Square: A place live and work. | Private Office Suites | Studio, | $299 |
Harpers Crossing | 2 bdr | 2BR,1BA | $529 |
Stafford Pointe | 1 BR/ 1 BA | 1BR,1BA | $860 |
Home Place Senior Living | 1 BD 1 BTH | 1BR,1BA | $1,000 |
Alpine Studios | Nordic | Studio,1BA | $1,009 |
Best Value Apartments for Rent in Monrovia, IN and Nearby
As of June 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 Spruce Model at Double Creek Flats Apartments starting at $1,779 with a $1.43 price per square foot in the Decatur Commons 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 |
Double Creek Flats Apartments | Spruce | 2BR,2BA | $1.43 |
Canyon Club at Perry Crossing | Todra (C2) | 2BR,2BA | $1.37 |
Saratoga Crossing Apartment Homes | The Savannah | 2BR,2BA | $1.40 |
Horizons Apartments | The Endeavor | 3BR,1BA | $1.24 |
Settlers Run | The Ranch | 2BR,2BA | $1.36 |
The Bristol Apartments | The Rennie | 2BR,2BA | $1.34 |
Stanley Terrace | Two Bedroom | 2BR,1BA | $1.32 |
Harpers Crossing | 2 bdr | 2BR,1BA | $0.60 |
Arborwood Apartments | The Hawthorn | 1BR,1BA | $1.37 |
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Pet Friendly LifestyleMonrovia, IN
Ranked #48
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!
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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 60 On The Square: A place live and work. listed at $299.
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 $529 at Harpers Crossing.
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 $1,305.
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.

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.

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.

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.

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.