Cheap Apartments for Rent in Monrovia, IN from $600 (13 Rentals)

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

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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. 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 ListingModel NameBed/BathPriced From
Stafford Pointe1 BR/ 1 BA1BR,1BA$860
Alpine StudiosZurichStudio,1BA$876
Horizons ApartmentsThe Vision1BR,1BA$925
Home Place Senior Living1 BD 1 BTH1BR,1BA$1,000
Washington Quarters ApartmentsHarrison1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Stafford Pointe3 BR/ 1.5 BA Townhouse3BR,1.5BA$1.33
Redwood PlainfieldDriftwood2BR,2BA$1.52
Saratoga Crossing Apartment HomesThe Princeton2BR,2BA$1.41
Settlers RunThe Ranch2BR,2BA$1.29
185 - COUNTRY VIEW APARTMENTS3B/1L-WD3BR,2BA$1.29
Crown Plaza2 Beds, 2 baths2BR,2BA$1.45
Camby Crossing2x22BR,2BA$1.51
Harpers Crossing2 bdr2BR,1BA$1.42
Hunter Ridge Apartments2x1H R-Prem2BR,1BA$1.50
Arborwood ApartmentsThe Ninebark1BR,1BA$1.48

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Pet Friendly Lifestyle
Monrovia, IN

Ranked #147

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!

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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

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.

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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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

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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.