Cheap Homes for Rent in Monticello, IN from $600 (8 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.

Monticello, IN Local Guide

Cheapest Available Monticello Apartments for Rent and Nearby

 

The cheapest available apartment rental in Monticello, IN is a Studio unit found at 900 North St priced from $599. Stonecrest Apartments in the Downtown Lafayette neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $625. Here is today’s list of the most affordable Monticello apartments for rent:

Apartment ListingModel NameBed/BathPriced From
900 North StStudioStudio,1BA$599
Stonecrest ApartmentsStudioStudio,1BA$625
Woods EdgeThe Boilermaker1BR,1BA$750

Best Value Apartments for Rent in Monticello, IN and Nearby

As of October 15, 2025 the best value apartment in the Monticello area is the $1.31 price per square foot 2.1 J Model at Historic Lahr Apartments in the in the Downtown Lafayette neighborhood starting from $1,592. The second greatest value Monticello apartment is the 3A Model at The Oasis starting at $775 with a $0.78 price per square foot . 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.
Historic Lahr Apartments2.1 J2BR,1BA$1.31
The Oasis3A3BR,3BA$0.78
Shenandoah PropertiesOTTAWA apartment2BR,2BA$0.98
52 Flats2 BD/1 BA Duplex2BR,1BA$1.21
Candlelight EstatesAvailable NOW 2bd/2bth (54')2BR,2BA$1.14
Chauncey Village2 Bedroom 1 Bath2BR,1BA$1.16
The Ravine Apartment Homes1 BR1BR,1BA$1.26
Woods EdgeThe Boilermaker1BR,1BA$1.07
900 North StStudioStudio ,1BA$0.86
Historic Downtown Apartments II2x12BR,1BA$1.28

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Pet Friendly Lifestyle
Monticello, IN

Ranked #90

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 Monticello

What type of rentals are currently available in Monticello?

There are currently 77 Apartments for Rent in Monticello, IN with pricing that ranges from $599 to $9,999. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monticello ranging from $673 to $4,000.

What is the current price range for Rental Homes in Monticello?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Monticello ranges from $673 to $4,000 with an average monthly rent of $1,730.

How much are larger Three and Four Bedroom Rentals in Monticello?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Monticello range from $775 to $2,736, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,233 to $4,000. Four Bedroom Single-Family rentals are also available starting from $1,625 and Four Bedroom Apartments start at $870.

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.

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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.