Cheap Apartments for Rent in Monrovia, IN from $600 (52 Rentals)

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Horizons Apartments
$1,105 - $1,490
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$1,105 - $1,490
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$1,105 - $1,490
1 to 4 Bedroom Apartments Available Now

Horizons Apartments

4955 Red Horizon BlvdIndianapolis, IN 46221
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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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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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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Harpers Crossing
1 to 3 Bedroom Apartments

Harpers Crossing

311 Harpers CrossingPlainfield, IN 46168

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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Camby Crossing
1 to 3 Bedroom Apartments

Camby Crossing

7402 Camby Crossing DrCamby, IN 46113
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Arborwood Apartments
1 to 4 Bedroom Apartments

Arborwood Apartments

6702 Trunk WayIndianapolis, IN 46221
Corporate Housing
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Stanley Terrace
1 to 3 Bedroom Apartments

Stanley Terrace

451 N Vine StPlainfield, IN 46168

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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 Harpers Crossing in the The Settlement - Designer neighborhood priced from $840. Stafford Pointe in the The Settlement - Designer neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $860. Here is today’s list of the most affordable Monrovia apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Harpers Crossing1 bdr1BR,1BA$840
Stafford Pointe1 BR/ 1 BA1BR,1BA$860
Home Place Senior Living1 BD 1 BTH1BR,1BA$1,000
Horizons ApartmentsThe Aspiration2BR,1BA$1,105
Aspen Pointe ApartmentsSpring1BR,1BA$1,120
Lakeside at Walnut Hills2 Bed 1 Bath2BR,1BA$1,145
Aberdeen ApartmentsAbbington1BR,1BA$1,171
Crown PlazaDover1BR,1BA$1,195
Center Street ApartmentsB1 R2BR,1BA$1,225
Stanley TerraceTwo Bedroom2BR,1BA$1,250

Best Value Apartments for Rent in Monrovia, IN and Nearby

As of June 14, 2026 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 $1,724 with a $1.33 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$1.33
Settlers RunThe Ranch2BR,2BA$1.39
Avon CreekThe Jr Brook2BR,2BA$1.45
Canyon Club at Perry CrossingGrotto (B)2BR,1BA$1.36
Stanley TerraceTwo Bedroom2BR,1BA$1.32
Arborwood ApartmentsThe Driftwood2BR,2BA$1.35
Lakeside at Walnut Hills2 Bed 1 Bath2BR,1BA$1.35
Horizons ApartmentsThe Aspiration2BR,1BA$1.47
Harpers Crossing1 bdr1BR,1BA$1.24

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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

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Frequently Asked Questions about Cheap Monrovia Apartments

How much is rent for a Cheap One Bedroom Monrovia Apartment?

The lowest price for a Cheap One Bedroom Monrovia Apartment is $840 at Harpers Crossing.

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 $1,012 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 Harpers Crossing and starts from $1,171.

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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.