Cheap Homes for Rent in Monrovia, IN from $800 (7 Rentals)

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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.

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.

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 $975. 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 StudiosOsloStudio,1BA$975
Home Place Senior Living1 BD 1 BTH1BR,1BA$1,000

Best Value Apartments for Rent in Monrovia, IN and Nearby

As of October 14, 2025 the best value apartment in the Monrovia area is the $1.43 price per square foot Charleston Model at Woods at Countryside Crossing in the in the Avon Creek Estates neighborhood starting from $2,289. The second greatest value Monrovia apartment is the 3 BR/ 1.5 BA Townhouse Model at Stafford Pointe starting at $1,810 with a $1.33 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.
Woods at Countryside CrossingCharleston3BR,2BA$1.43
Stafford Pointe3 BR/ 1.5 BA Townhouse3BR,1.5BA$1.33
Saratoga Crossing Apartment HomesThe Princeton2BR,2BA$1.32
185 - COUNTRY VIEW APARTMENTS3B/2L-WD3BR,2BA$1.29
Hillcrest Apartments2x1A R2BR,1BA$1.29
Arborwood ApartmentsThe Driftwood2BR,2BA$1.40
Harpers Crossing2 bdr2BR,1BA$1.16
Hunter Ridge Apartments2x1H R-Prem2BR,1BA$1.41
Center Street ApartmentsB1 R2BR,1BA$1.41
Horizons ApartmentsThe Aspiration2BR,1BA$1.41

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Pet Friendly Lifestyle
Monrovia, IN

Ranked #183

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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Frequently Asked Questions about Monrovia

What type of rentals are currently available in Monrovia?

There are currently 42 Apartments for Rent in Monrovia, IN with pricing that ranges from $860 to $3,831. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monrovia ranging from $850 to $5,500.

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 $850 to $5,500 with an average monthly rent of $2,064.

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 $1,275 to $3,831, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,380 to $2,395. Four Bedroom Single-Family rentals are also available starting from $1,869 and Four Bedroom Apartments start at $1,418.

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.