
Cheap Apartments for Rent in Monrovia, IN from $400 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in Monrovia.


Stafford Pointe
Monrovia, IN Local Guide

How much does it cost to rent an apartment in Monrovia?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Monrovia Studio Apartments | $1,280 | $860 | $1,509 |
Monrovia 1 Bedroom Apartments | $1,395 | $860 | $2,487 |
Monrovia 2 Bedroom Apartments | $1,707 | $1,015 | $3,373 |
Monrovia 3 Bedroom Apartments | $1,793 | $1,269 | $2,590 |
Monrovia 4 Bedroom Apartments | $1,709 | $1,418 | $1,921 |
Browse Top Apartments in Monrovia
See all Apartments in MonroviaExplore Monrovia
Monrovia, IN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Monrovia Apartments for Rent and Nearby
 The cheapest available apartment rental in Monrovia, IN is a 2 Beds unit found at Harpers Crossing in the Avon Creek Estates neighborhood priced from $465. Stanley Terrace in the The Settlement - Designer neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $561. Here is today’s list of the most affordable Monrovia apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Harpers Crossing | 2 bdr | 2BR,1BA | $465 |
Stanley Terrace | Three Bedroom | 3BR,2BA | $561 |
Stafford Pointe | 1 BR/ 1 BA | 1BR,1BA | $860 |
Best Value Apartments for Rent in Monrovia, IN and Nearby
As of February 21, 2025 the best value apartment in the Monrovia area is the $1.42 price per square foot Capewood Model at Redwood Plainfield in the in the Lizton Clayton neighborhood starting from $2,308. The second greatest value Monrovia apartment is the 3 BR/ 1.5 BA Townhouse Model at Stafford Pointe starting at $1,810 with a $1.33 price per square foot in the The Settlement - Designer neighborhood. Here is today’s list of the best values for Monrovia apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Redwood Plainfield | Capewood | 2BR,2BA | $1.42 |
Stafford Pointe | 3 BR/ 1.5 BA Townhouse | 3BR,1.5BA | $1.33 |
Redwood Danville | Forestwood | 2BR,2BA | $1.33 |
Camby Crossing | 3x2R | 3BR,2BA | $1.29 |
Saratoga Crossing Apartment Homes | The Princeton | 2BR,2BA | $1.43 |
Settlers Run | The Ranch | 2BR,2BA | $1.36 |
Crown Plaza | 2 Beds, 2 baths | 2BR,2BA | $1.45 |
Hunter Ridge Apartments | 2x1H R-Prem | 2BR,1BA | $1.47 |
Harpers Crossing | 1 bdr | 1BR,1BA | $1.14 |
Stanley Terrace | One Bedroom | 1BR,1BA | $1.40 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleMonrovia, IN
Ranked #48
Among cities in Indiana for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Monrovia, IN Rentals by Map
See the most popular apartments and homes in Monrovia, IN
Getting Around Monrovia, IN
Walk Score®
28 / 100
Car-Dependent
Most errands require a car
Bike Score®
30 / 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 Monrovia Apartments
What is the Cheapest Studio apartment in Monrovia?
Currently the most affordable Cheap Studio Apartment in Monrovia is at Alpine Studios listed at $1,025.
How much is rent for a Cheap One Bedroom Monrovia Apartment?
The lowest price for a Cheap One Bedroom Monrovia Apartment is $768 at Harpers Crossing.
What is the lowest price for a Cheap Two Bedroom Monrovia Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Monrovia is starting from $465 at Harpers Crossing.
What is the most affordable Monrovia Three Bedroom Apartment?
The best deal on a cheap Monrovia Three Bedroom Apartment rental is at Stanley Terrace and starts from $561.
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.

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.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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.

Signing Your Apartment Lease: The Basics
Written by: Trey Huguley
When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.