Cheap Apartments for Rent in Monroe County, IN from $300 (138 Rentals)

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

property at 615 W 6th St

615 W 6th St

BloomingtonIN47404
property at 7219 W Susan St

7219 W Susan St

BloomingtonIN47404
property at 612 S Fess Ave

612 S Fess Ave

BloomingtonIN47401
property at 802 W 7th St

802 W 7th St

BloomingtonIN47404
property at 412 E 2nd St

412 E 2nd St

BloomingtonIN47401
property at 710 N Lincoln St

710 N Lincoln St

BloomingtonIN47408
Showing Results 1-50, Page 1 of 3

Cheapest Available Monroe County Apartments for Rent

 

The cheapest available apartment rental in Monroe County, IN is a Studio unit found at Vivo Living in the Downtown Bloomington IN neighborhood priced from $699. Northcrest in the Downtown Bloomington IN neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Monroe County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Vivo LivingVivo Living - Studios - AVAILABLE NOW Reduced r...Studio,1BA$699
Northcrest1 Bedroom1BR,1BA$700
Kingston Manor1 Bedroom1BR,1BA$730
Sunflower II1 Bed, 1 bath1BR,1BA$790
Continental Terrace2 Bedroom, 1 Bath2BR,1BA$799
Union at Crescent1 Bed 1 Bath1BR,1BA$866
The Crossing at Pete Ellis1 Bedroom with Loft1BR,1BA$875
Woodland Springs2 Bedroom2BR,1BA$890
CedargateOne Bed One Bath1BR,1BA$899
Summit PointeWoodland1BR,1BA$900

Best Value Apartments for Rent in Monroe County, IN

As of April 13, 2025 the best value apartment in the Monroe County area is the $0.80 price per square foot 3 Bed 1.5 Bath Without Garage Model at Millennium Apartments in the in the Downtown Bloomington IN neighborhood starting from $1,195. The second greatest value Monroe County apartment is the 3 Bedroom 3 Bath on Amaryllis Model at Hoosier Court Apartments starting at $1,400 with a $0.97 price per square foot in the Downtown Bloomington IN neighborhood. Here is today’s list of the best values for Monroe County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Millennium Apartments3 Bed 1.5 Bath Without Garage3BR,1.5BA$0.80
Hoosier Court Apartments3 Bedroom 3 Bath on Amaryllis3BR,3BA$0.97
StageyardThe Celer (per bed)3BR,3BA$0.82
Urban StationThe Vertex (per bed)3BR,3BA$0.92
THIRDTHIRD - The Knight - Bedroom A w/ Attached Bath...3BR,2BA$0.54
The League Bloomington10 North 2x2 XL2BR,2BA$1.24
Hazel Briar CourtRose2BR,2BA$1.13
Heritage ApartmentsThe Tulip3BR,1BA$1.11
Woodland Springs2 Bedroom2BR,1BA$1.06
Continental Terrace2 Bedroom, 1 Bath2BR,1BA$1.08

Frequently Asked Questions about Cheap Monroe County Apartments

What is a cheap apartment in Monroe County?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Monroe County is under $900.

What is the price of a cheap apartment in Monroe County?

The cheapest apartment in Monroe County is Northcrest which is listed at $700, while the average apartment in Monroe County costs $1,756.

What types of apartments are the cheapest in Monroe County?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 132 regular apartments in Monroe County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Monroe County?

Cheap apartments in Monroe County have an average cost of $602 which is $1,154 cheaper than the average rent for all rentals in Monroe County.

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.