Cheap Apartments for Rent in Monrovia, IN
6 rentals
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Apartments For Rent Near Monrovia, IN
We found 30 more apartments matching your filters just outside Monrovia
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PET FRIENDLY$599 - $969/mo
Studio-2 Beds
1-2 BathsMeridian Towers | 3710 N Meridian St #702,
Indianapolis, IN 46208
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$665 - $1,199/moStudio-2 Beds1-2 BathsParkway Apartments | 3707 N Meridian St #ba283824c,
Indianapolis, IN 46208
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SPECIAL OFFER$672 - $775/moStudio-1 Bed1 BathBalsam Avenue Apartments - The Courts | 3605-3610 Balsam Ave #3609-105,
Indianapolis, IN 46205
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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 increased in Jun 2026 compared to the previous month. Rent previously peaked in Jan 2025.
| Month | Average rent |
|---|---|
| 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 |
| Jun 2026 | $2,085 |
Average Rent By Bedroom and Home Type
In June 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $850 | — | $2,058 | $2,207 | $2,058 |
| Apartments and Condos | $850 | — | — | — | $850 |
| Houses | — | — | $2,058 | $2,207 | $2,160 |
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 $2,160 per month. This is about 11% higher 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 6 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.