Cheap Homes for Rent in Monticello, IN from $800 (6 Rentals)

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

property at 103 N Beach Dr

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

2 Bedroom, 1 Bath Townhome for Rent

Available Now

103 N Beach Dr, Unit 103

103 N Beach Dr
MonticelloIN47960

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 808 Stanley St

$1,199

3 Bedroom, 2 Bath Home for Rent

Available Now

808 Stanley St

LogansportIN46947
property at 216 Heritage Rd

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

3 Bedroom, 1 Bath Home for Rent

Available Now

216 Heritage Rd

MonticelloIN47960

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Monticello, IN Local Guide

Cheapest Available Monticello Apartments for Rent and Nearby

 

The cheapest available apartment rental in Monticello, IN is a 1 Bed unit found at Southfork Apartments in the Discovery Park neighborhood priced from $499. 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
Southfork Apartments1BR/1.0BA1BR,1BA$499
Stonecrest ApartmentsStudioStudio,1BA$625
Launch3B3BR,3BA$659

Best Value Apartments for Rent in Monticello, IN and Nearby

As of July 29, 2026 the best value apartment in the Monticello area is the $0.34 price per square foot 3 Bedroom x 3.5 Bathroom Townhouse Model at Lark West Lafayette Townhomes in the starting from $649. The second greatest value Monticello apartment is the 4 Bed/2 Bath - One available at Promo Rate Model at Anthrop Pointe starting at $1,929 with a $1.23 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.
Lark West Lafayette Townhomes3 Bedroom x 3.5 Bathroom Townhouse3BR,3.5BA$0.34
Anthrop Pointe4 Bed/2 Bath - One available at Promo Rate4BR,2BA$1.23
Waterford CourtTwo Bed Townhome (T1)2BR,2.5BA$1.03
Ashley Oaks Apartments2BR1.5BR2BR,1.5BA$1.18
Chauncey Village2 Bedroom 1 Bath2BR,1BA$1.16
University Crossing2x1 R2BR,1BA$1.26
Windsor West Apartments2BR/1.0BA2BR,1BA$1.06
Victory on Salisbury3BR/1BA3BR,1BA$0.98
1102 Bluewater Dr, Unit C1102 Bluewater Dr2BR,1BA$1.13
Woods EdgeThe Boilermaker1BR,1BA$1.07

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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Pet Friendly Lifestyle
Monticello, IN

Ranked #89

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 86 Apartments for Rent in Monticello, IN with pricing that ranges from $499 to $3,454. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monticello ranging from $800 to $2,800.

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 $800 to $2,800 with an average monthly rent of $1,640.

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 $625 to $3,427, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $2,300. Four Bedroom Single-Family rentals are also available starting from $1,950 and Four Bedroom Apartments start at $499.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.