489 E Harrison St
MartinsvilleIN46151
Cheap Homes for Rent in Monrovia, IN from $800 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Monrovia.
419 S Home Ave
MartinsvilleIN46151
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.
10291 Medallion Dr
IndianapolisIN46231
652 E Main St
PlainfieldIN46168
The 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.
126 Lewis Dr
MooresvilleIN46158
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Monrovia, IN Local Guide
Trail in Indiana by Dave Herrmann is licensed under CC BY 2.0
How much does it cost to rent a home in Monrovia?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monrovia 2 Bedroom Homes for Rent | $1,550 | $950 | $2,550 |
| Monrovia 3 Bedroom Homes for Rent | $1,865 | $1,375 | $2,225 |
| Monrovia 4 Bedroom Homes for Rent | $2,181 | $1,620 | $3,450 |
| Monrovia 5 Bedroom Homes for Rent | $2,809 | $2,510 | $3,200 |
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. Hunter Ridge Apartments in the The Settlement - Designer neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $915. 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 |
| Hunter Ridge Apartments | 2x1V | 2BR,1BA | $915 |
| Horizons Apartments | The Vision | 1BR,1BA | $925 |
Best Value Apartments for Rent in Monrovia, IN and Nearby
As of August 09, 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 Forestwood Model at Redwood Danville starting at $1,870 with a $1.45 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Stafford Pointe | 3 BR/ 1.5 BA Townhouse | 3BR,1.5BA | $1.33 |
| Redwood Danville | Forestwood | 2BR,2BA | $1.45 |
| Residences on Ronald Reagan | Eureka | 2BR,2BA | $1.49 |
| Settlers Run | The Ranch | 2BR,2BA | $1.37 |
| Hillcrest Apartments | 2x1A R | 2BR,1BA | $1.28 |
| Crown Plaza | 2 Beds, 2 baths | 2BR,2BA | $1.45 |
| Double Creek Flats Apartments | Maple | 2BR,1BA | $1.47 |
| Harpers Crossing | 2 bdr | 2BR,1BA | $1.16 |
| Stone Ridge Flats and Townhomes | Cobalt | 2BR,1BA | $1.33 |
| Arborwood Apartments | The Ninebark | 1BR,1BA | $1.48 |
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Frequently Asked Questions about Monrovia
What type of rentals are currently available in Monrovia?
There are currently 39 Apartments for Rent in Monrovia, IN with pricing that ranges from $860 to $3,300. There are also 62 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monrovia ranging from $850 to $3,450.
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 $3,450 with an average monthly rent of $1,885.
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 $3,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,375 to $2,225. Four Bedroom Single-Family rentals are also available starting from $1,620 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.
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.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
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.
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.