Studio Apartments for Rent in Monrovia, IN (5 Rentals)

Aspen Pointe Apartments
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.

60 On The Square: A place live and work.

Alpine Studios
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.
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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Largest Available Monrovia and Nearby Studio Apartments
The largest available Studio apartment unit in Monrovia, IN is found at Hobbs Station in the The Settlement - Designer neighborhood and is 634 square feet priced from $1,599. Alpine Studios in the Airport District neighborhood has the second largest Studio, which is sized at 467 square feet and currently listed start at $1,009. Here is today’s list of the largest available Studio units in Monrovia:
Apartment Listing | Model Name | Square Footage | Priced From |
---|---|---|---|
Hobbs Station | Hamrick | 634 Sq Ft | $1,599 |
Alpine Studios | Nordic | 467 Sq Ft | $1,009 |
60 On The Square: A place live and work. | Private Office Suites | 67 Sq Ft | $299 |
Cheapest Available Monrovia and Nearby Studio Apartments
As of June 07, 2025 the lowest priced Studio apartment unit in Monrovia, IN is the Private Office Suites Model starting from $299 at 60 On The Square: A place live and work. . The second most affordable Monrovia Studio is the Nordic Model at Alpine Studios starting at $1,009 in the Airport District neighborhood. The average price for all Studio apartments in Monrovia is currently $1,090. Here is today’s list of the cheapest available Studio options in Monrovia:
Apartment Listing | Model Name | Priced From |
---|---|---|
60 On The Square: A place live and work. | Private Office Suites | $299 |
Alpine Studios | Nordic | $1,009 |
Hobbs Station | Orchard | $1,299 |
Quick Rent Budget Calculator
How much rent can you afford?
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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 Studio Monrovia Apartments
What is the Cheapest apartment in Monrovia with Studio?
Currently the most affordable Studio in Monrovia is at 60 On The Square: A place live and work. listed at $299.
How much is the average rent for a Studio Monrovia Apartment?
The average rent for a Studio Apartment in Monrovia is $1,090.
What is the largest available Studio Monrovia Apartment for rent?
Today's apartment with the most square footage in Monrovia is a 634 square feet unit starting from $1,599 at Hobbs Station.
What is the average size for Monrovia Studio Apartments for rent?
The average size for a Studio rental in Monrovia is currently 490 sq ft.
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.