Cheap Apartments for Rent in Monticello, IN from $400 (26 Rentals)

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Search the lowest-cost Apartments available for rent right now in Monticello.

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CNC Leasing Group
Studio to 1 Bedroom Apartments

CNC Leasing Group

1214 Columbia StLafayette, IN 47901
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CNC Leasing Group
Studio to 1 Bedroom Apartments

CNC Leasing Group

1402 Alabama StLafayette, IN 47905
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West Lafayette Apartments
Studio to 3 Bedroom Apartments

West Lafayette Apartments

2601 Soldiers Home RdWest Lafayette, IN 47906
  • Utilities Included
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Bethel Townhomes
3 Bedroom Apartments

Bethel Townhomes

3552-3558 Bethel DrWest Lafayette, IN 47906
Student Housing
  • Utilities Included

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1155 Anthrop Dr
Studio to 2 Bedroom Apartments

1155 Anthrop Dr

1155 Anthrop DrWest Lafayette, IN 47906
Student Housing
  • Utilities Included

Monticello, IN Local Guide

Cheapest Available Monticello Apartments for Rent and Nearby

 

The cheapest available apartment rental in Monticello, IN is a 3 Beds unit found at 52 Flats in the Discovery Park neighborhood priced from $498. 900 North St has the second lowest priced unit, which is a Studio apartment currently listed from $599. Here is today’s list of the most affordable Monticello apartments for rent:

Apartment ListingModel NameBed/BathPriced From
52 Flats3BD 1.5BA DUPLEX - PER BD3BR,1BA$498
900 North StStudioStudio,1BA$599
Stonecrest ApartmentsStudioStudio,1BA$625
Waterford CourtStandard One Bedroom (SN1)1BR,1BA$715
West Lafayette ApartmentsStudio AvailableStudio,1BA$750
Downtown Lafayette Living!Studio1BR,1BA$795
Historic Downtown Apartments II2x12BR,1BA$800
Shenandoah PropertiesWABASH II apartment1BR,1BA$844
The Luna FlatsLuna Flats - 2-bed/2-bath (2C) **limited time o...2BR,2BA$850

Best Value Apartments for Rent in Monticello, IN and Nearby

As of September 07, 2025 the best value apartment in the Monticello area is the $1.13 price per square foot 3x2 R Model at Village Square Apartments in the starting from $1,427. The second greatest value Monticello apartment is the 2 BEDROOM 2.5 BATH Model at The Cottages on Lindberg starting at $899 with a $0.77 price per square foot in the Discovery Park neighborhood. Here is today’s list of the best values for Monticello apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Village Square Apartments3x2 R3BR,2BA$1.13
The Cottages on Lindberg2 BEDROOM 2.5 BATH2BR,2.5BA$0.77
The Ravine Apartment Homes2BR2BR,2BA$1.11
Village West2x12BR,1BA$0.77
Lodge on the TrailColorado-PREM2BR,2BA$1.02
Shenandoah PropertiesWABASH II apartment1BR,1BA$0.98
Franklin Park ApartmentsThe Twain2BR,1BA$1.21
1102 Bluewater Dr, Unit B1102 Bluewater Dr2BR,1BA$1.06
The OasisPremium 2bd/2bth Apt Living Near Purdue University2BR,2BA$1.11
900 North StStudioStudio ,1BA$0.86

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Pet Friendly Lifestyle
Monticello, IN

Ranked #136

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!

Explore Monticello, IN Rentals by Map

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Getting Around Monticello, IN

Walk Score®

25 / 100

Car-Dependent

Most errands require a car

Bike Score®

37 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Monticello Apartments

What is the Cheapest Studio apartment in Monticello?

Currently the most affordable Cheap Studio Apartment in Monticello is at 900 North St listed at $599.

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

The lowest price for a Cheap One Bedroom Monticello Apartment is $715 at Waterford Court.

What is the lowest price for a Cheap Two Bedroom Monticello Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Monticello is starting from $612 at 52 Flats.

What is the most affordable Monticello Three Bedroom Apartment?

The best deal on a cheap Monticello Three Bedroom Apartment rental is at 52 Flats and starts from $498.

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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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.

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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.

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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.