Cheap Apartments for Rent in Monroe County, IN from $300 (134 Rentals)

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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

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property at 7219 W Susan St

7219 W Susan St

BloomingtonIN47404
property at 1020 W 6th St

1020 W 6th St

BloomingtonIN47404

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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property at 905-907 E 13th St

905-907 E 13th St

BloomingtonIN47408
property at 710 N Lincoln St

710 N Lincoln St

BloomingtonIN47408
property at 412 E 4th St

412 E 4th St

BloomingtonIN47401
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 Kingston Manor in the Downtown Bloomington IN neighborhood priced from $675. Vivo Living in the Downtown Bloomington IN neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $699. Here is today’s list of the most affordable Monroe County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Kingston ManorEfficiencyStudio,1BA$675
Vivo LivingVivo Living - Studios - AVAILABLE NOW Reduced r...Studio,1BA$699
Northcrest2 Bedroom2BR,1BA$815
College Square ApartmentsThe Walnut1BR,1BA$815
Continental Terrace2 Bedroom, 1 Bath2BR,1BA$860
Union at Crescent1 Bed 1 Bath1BR,1BA$866
Woodland Springs2 Bedroom2BR,1BA$890
CedargateOne Bed One Bath1BR,1BA$899
The Crossing at Pete Ellis1 Bedroom1BR,1BA$900
Summit PointeWoodland1BR,1BA$900

Best Value Apartments for Rent in Monroe County, IN

As of May 16, 2025 the best value apartment in the Monroe County area is the $0.97 price per square foot 3 Bedroom 3 Bath on Amaryllis Model at Hoosier Court Apartments in the in the Downtown Bloomington IN neighborhood starting from $1,400. The second greatest value Monroe County apartment is the The Celer (per bed) Model at Stageyard starting at $1,095 with a $0.82 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.
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$0.88
THIRDTHIRD - The Knight - Bedroom A w/ Attached Bath...3BR,2BA$0.54
Park on Morton2x2 Corner2BR,2BA$1.19
1545 S Stone Dr, Unit stone Drive1545 S Stone Dr2BR,2BA$1.20
Heritage ApartmentsThe Tulip3BR,1BA$1.11
Hickory GrovePoplar2BR,1BA$1.01
Woodland Springs2 Bedroom2BR,1BA$1.06
Continental Terrace2 Bedroom, 1 Bath2BR,1BA$1.16

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 Kingston Manor which is listed at $730, while the average apartment in Monroe County costs $7,665.

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 152 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 $493 which is $7,172 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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

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