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


107 S Church St

10301 Medallion Dr
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

148 E Center Dr

66 E Main St

2994 Clover Dr
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.
Monrovia, IN Local Guide

How much does it cost to rent a home in Monrovia?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Monrovia 2 Bedroom Homes for Rent | $1,900 | $1,250 | $2,500 |
Monrovia 3 Bedroom Homes for Rent | $1,939 | $1,250 | $2,500 |
Monrovia 4 Bedroom Homes for Rent | $2,558 | $2,259 | $3,000 |
Monrovia 5 Bedroom Homes for Rent | $2,750 | $2,000 | $3,500 |
Browse Top Homes for Rent in Monrovia
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Monrovia, IN Local Guide
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Cheapest Available Monrovia Apartments for Rent and Nearby
 The cheapest available apartment rental in Monrovia, IN is a Studio unit found at 60 On The Square: A place live and work. priced from $299. Stafford Pointe in the The Settlement - Designer neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $860. Here is today’s list of the most affordable Monrovia apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
60 On The Square: A place live and work. | Private Office Suites | Studio, | $299 |
Stafford Pointe | 1 BR/ 1 BA | 1BR,1BA | $860 |
Aspen Pointe Apartments | Hickory | Studio,1BA | $975 |
Best Value Apartments for Rent in Monrovia, IN and Nearby
As of May 07, 2025 the best value apartment in the Monrovia area is the $1.33 price per square foot 3 BR/ 1.5 BA Townhouse Model at Stafford Pointe in the in the The Settlement - Designer neighborhood starting from $1,810. The second greatest value Monrovia apartment is the Forestwood Model at Redwood Danville starting at $1,749 with a $1.35 price per square foot in the Lizton Clayton 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. |
---|---|---|---|
Stafford Pointe | 3 BR/ 1.5 BA Townhouse | 3BR,1.5BA | $1.33 |
Redwood Danville | Forestwood | 2BR,2BA | $1.35 |
Saratoga Crossing Apartment Homes | The Princeton | 2BR,2BA | $1.38 |
Settlers Run | The Ranch | 2BR,2BA | $1.39 |
Crown Plaza | 2 Beds, 2 baths | 2BR,2BA | $1.45 |
Camby Crossing | 2x2 | 2BR,2BA | $1.39 |
Hunter Ridge Apartments | 2x1H R-Prem | 2BR,1BA | $1.50 |
Arborwood Apartments | The Ninebark | 1BR,1BA | $1.51 |
Stone Ridge Flats and Townhomes | Azure | 1BR,1BA | $1.41 |
Home Place Senior Living | 1 BD 1 BTH | 1BR,1BA | $1.56 |
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Frequently Asked Questions about Monrovia
What type of rentals are currently available in Monrovia?
There are currently 40 Apartments for Rent in Monrovia, IN with pricing that ranges from $299 to $5,446. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monrovia ranging from $800 to $3,500.
What is the current price range for Rental Homes in Monrovia?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Monrovia ranges from $800 to $3,500 with an average monthly rent of $1,855.
How much are larger Three and Four Bedroom Rentals in Monrovia?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Monrovia range from $1,298 to $5,446, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $2,500. Four Bedroom Single-Family rentals are also available starting from $2,259 and Four Bedroom Apartments start at $1,418.
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.

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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.