
Cheap Homes for Rent in Monrovia, IN from $800 (21 Rentals)
Search the lowest-cost Homes available for rent right now in Monrovia.


107 S Church St

489 E Harrison St

279 S Cherry St

260 W Washington St

640 N Cherry St

259 N Main St
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.

630 N Cherry St

459 S Colfax St

1110 Leota Dr

170 W Sumner Ave

10301 Medallion Dr

740 E Nutter St

50 E Main St
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.

635 Graham Dr

9455 Huggin Hollow Rd

10291 Medallion Dr

730 E Nutter St

419 W Highland St

304 S Mill St

161 Bosstick Ave
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 a home in Monrovia?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monrovia 2 Bedroom Homes for Rent | $1,074 | $850 | $1,600 |
| Monrovia 3 Bedroom Homes for Rent | $1,856 | $975 | $3,500 |
| Monrovia 4 Bedroom Homes for Rent | $2,085 | $1,729 | $2,500 |
| Monrovia 5 Bedroom Homes for Rent | $2,671 | $2,195 | $3,000 |
Browse Top Homes for Rent in Monrovia
Explore Monrovia
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 1 Bed unit found at Stafford Pointe in the The Settlement - Designer neighborhood priced from $860. Camby Crossing in the Airport District neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. 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 |
| Camby Crossing | 1x1 | 1BR,1BA | $999 |
| Home Place Senior Living | 1 BD 1 BTH | 1BR,1BA | $1,000 |
| Stanley Terrace | Two Bedroom | 2BR,1BA | $1,023 |
| Stone Ridge Flats and Townhomes | Azure | 1BR,1BA | $1,051 |
Best Value Apartments for Rent in Monrovia, IN and Nearby
As of February 02, 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 The Bennington Model at Saratoga Crossing Apartment Homes starting at $1,655 with a $1.26 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 |
| Saratoga Crossing Apartment Homes | The Bennington | 3BR,2BA | $1.26 |
| Double Creek Flats Apartments | Spruce | Renovated | 2BR,2BA | $1.44 |
| Settlers Run | The Ranch | 2BR,2BA | $1.31 |
| Hillcrest Apartments | 2x1A | 2BR,1BA | $1.26 |
| Hunter Ridge Apartments | 2x1H R-Prem | 2BR,1BA | $1.41 |
| Lakeside at Walnut Hills | 2 Bed 1 Bath | 2BR,1BA | $1.35 |
| 185 - COUNTRY VIEW APARTMENTS | 2B/1L-WD | 2BR,1BA | $1.30 |
| Center Street Apartments | B1 R | 2BR,1BA | $1.41 |
| Horizons Apartments | The Aspiration | 2BR,1BA | $1.41 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleQuick 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.
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
Frequently Asked Questions about Monrovia
What type of rentals are currently available in Monrovia?
There are currently 45 Apartments for Rent in Monrovia, IN with pricing that ranges from $860 to $3,947. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monrovia ranging from $800 to $3,500.
What is the current price range for Rental Homes in Monrovia?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Monrovia ranges from $800 to $3,500 with an average monthly rent of $1,581.
How much are larger Three and Four Bedroom Rentals in Monrovia?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Monrovia range from $1,199 to $3,947, while Three Bedroom Homes, Condos, and Townhomes for rent range from $975 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,729 and Four Bedroom Apartments start at $1,418.
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

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.