Apartments For Rent in Monrovia, IN

4 rentals

Apartments For Rent Near Monrovia, IN

We found 30 more apartments matching your filters just outside Monrovia

What Locals Say about Monrovia

  • Halihardin419
    "Easy access to I-70, Indy, Avon, etc. About 30 minute drive to where you need to go. Good for nice living area and short commute. "
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  • Valloveslakers
    "as I write this, my community is at the town pizza place having a benefit for a local man who passed away. Events like this are common in Monrovia. "
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  • Terry46157
    "Close to Indy. Close To Eli Lilly. Close to I-70"
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Average Rent Trends in Monrovia, IN

Rent in Monrovia, IN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in Jan 2025.
MonthAverage rent
Jun 2025$1,750
Jul 2025$2,095
Aug 2025$1,865
Sep 2025$1,975
Oct 2025$2,000
Nov 2025$1,837
Dec 2025$1,795
Jan 2026$1,825
Feb 2026$1,925
Mar 2026$2,000
Apr 2026$1,870
May 2026$1,776
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
1 bed2 beds3 beds4 bedsAll
All home types$850$1,800$1,759$2,170$1,800
Apartments and Condos$850———$850
Houses—$1,800$1,759$2,170$1,800
See more information about local market trends in Monrovia, IN

Frequently Asked Questions about Rentals in Monrovia, IN

  • What is the average rent of an apartment in Monrovia, IN?
    The average rent of an apartment in Monrovia, IN is $850 per month. This is about 56% lower than the national average.
  • What is the average rent of a house in Monrovia, IN?
    The average rent of a house in Monrovia, IN is $1,800 per month. This is about 7% lower than the national average.
  • When is the average rent cheapest in Monrovia, IN?
    In the last year, the average rent in Monrovia, IN was lowest in Jun 2025 when it was $1,750 per month.
  • When is the average rent most expensive in Monrovia, IN?
    In the last year, the average rent in Monrovia, IN was highest in Jan 2025 when it was $2,100 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Monrovia, IN?
    The average rent of a 1 bedroom apartment in Monrovia, IN is $850 per month. That is about $0 more than the cost of a studio apartment.
  • How many available rental listings are in Monrovia, IN?
    There are 7 available rental listings in Monrovia, IN.
  • What are some zip codes in Monrovia, IN?
    Monrovia, IN includes zip codes such as: 46157.
  • What are some cities near Monrovia, IN?
    Some nearby cities include: Stilesville, Clayton, Bethany, Mooresville, Brooklyn. These cities may have more rental options to explore.