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$357 - $9761 to 2 Bedroom Apartments Available Now
Historic Gallatin Square Senior Apartments
304 S Gallatin StMarion, IN 46952
Cheap Apartments for Rent in Montpelier, IN from $300 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in Montpelier.
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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.
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$525 - $800Studio to 2 Bedroom Apartments Available Now
BECKFORD PLACE APARTMENTS
1315 N Beckford PlMarion, IN 46952
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$680 - $1,240Studio to 2 Bedroom Apartments Available Now
UB Lofts
48 E Franklin StHuntington, IN 46750
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$695 - $975Studio to 2 Bedroom Apartments Available Now
Turtle Creek Apartments
2116 W 2nd StMarion, IN 46952
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Rent Specials
$699 - $7491 Bedroom Apartments Available Aug 15
The Cedars
1010 W Bethel RdMuncie, IN 47303
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2516 S Washington St
MarionIN46953
815 W Main St
PortlandIN47371
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
214 S 2nd St
DunkirkIN47336
202 N Meridian St
PortlandIN47371
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Montpelier, IN Local Guide
Statue of Miami Chief Francis Godfroy, located in downtown Montpelier, Indiana. by TwoScarsUp is licensed under CCO 1.0
How much does it cost to rent an apartment in Montpelier?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Montpelier Studio Apartments | $748 | $525 | $990 |
| Montpelier 1 Bedroom Apartments | $889 | $357 | $1,150 |
| Montpelier 2 Bedroom Apartments | $972 | $510 | $1,595 |
| Montpelier 3 Bedroom Apartments | $734 | $350 | $1,335 |
| Montpelier 4 Bedroom Apartments | $479 | $350 | $610 |
Browse Top Apartments in Montpelier
See all Apartments in MontpelierExplore Montpelier
Montpelier, IN Local Guide
- Nearby Cities
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Cheapest Available Montpelier Apartments for Rent and Nearby
The cheapest available apartment rental in Montpelier, IN is a 1 Bed unit found at Historic Gallatin Square Senior Apartments priced from $357. BECKFORD PLACE APARTMENTS has the second lowest priced unit, which is a Studio apartment currently listed from $525. Here is today’s list of the most affordable Montpelier apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Historic Gallatin Square Senior Apartments | One Bedroom | 1BR,1BA | $357 |
| BECKFORD PLACE APARTMENTS | Studio | Studio,1BA | $525 |
| Yugo Muncie Varsity House | 3 Bed, 3 Bath Classic Renovated | 3BR,3BA | $549 |
| UB Lofts | Studio | Studio,1BA | $680 |
| Turtle Creek Apartments | Studio | Studio,1BA | $695 |
Best Value Apartments for Rent in Montpelier, IN and Nearby
As of July 24, 2025 the best value apartment in the Montpelier area is the $0.73 price per square foot 3 bedroom Model at Granton Place Apartments in the starting from $975. The second greatest value Montpelier apartment is the 2 Bedroom Model at Thomas Jefferson Park starting at $850 with a $0.77 price per square foot . Here is today’s list of the best values for Montpelier apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Granton Place Apartments | 3 bedroom | 3BR,1.5BA | $0.73 |
| Thomas Jefferson Park | 2 Bedroom | 2BR,1.5BA | $0.77 |
| Delaware Acres | 3 Beds, 2 baths | 3BR,2BA | $1.02 |
| Historic Gallatin Square Senior Apartments | Two Bedroom | 2BR,1BA | $1.00 |
| OAK TERRACE APARTMENTS | 2 bedroom 1.5 bath townhome | 2BR,1.5BA | $1.01 |
| The Latitude | 2 Bed 2 Bath Apartment - Premium | 2BR,2BA | $1.09 |
| Yugo Muncie Varsity House | 2 Bed, 2 Bath Renovated | 2BR,2BA | $0.89 |
| Silvertree Communities | Silvertree 2bd | 2BR,1BA | $0.66 |
| Turnberry Square Apartments | 2 bed/2 bath | 2BR,2BA | $1.19 |
| Somerset Apartments | One Bedroom | 1BR,1BA | $0.98 |
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Getting Around Montpelier, IN
Walk Score®
16 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
33 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Montpelier Apartments
What is the Cheapest Studio apartment in Montpelier?
Currently the most affordable Cheap Studio Apartment in Montpelier is at BECKFORD PLACE APARTMENTS listed at $525.
How much is rent for a Cheap One Bedroom Montpelier Apartment?
The lowest price for a Cheap One Bedroom Montpelier Apartment is $357 at Historic Gallatin Square Senior Apartments.
What is the lowest price for a Cheap Two Bedroom Montpelier Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Montpelier is starting from $759 at Yugo Muncie Varsity House.
What is the most affordable Montpelier Three Bedroom Apartment?
The best deal on a cheap Montpelier Three Bedroom Apartment rental is at Yugo Muncie Varsity House and starts from $549.
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.
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.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.