Cheap Apartments for Rent in Monrovia, IN
5 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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ROOM FOR RENT
INCOME RESTRICTED$450 - $505/mo
1-2 Beds
1 BathGreencastle Country Place Apartments | 51 Woodhaven Dr #1740,
Greencastle, IN 46135
PET FRIENDLY
PET FRIENDLY
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PET FRIENDLY- PET FRIENDLY
NEW - 17 HRS AGOPET FRIENDLY
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PET FRIENDLY$659 - $1,359/moStudio-3 Beds1-2 BathsThe Stratford Apartments | 3201 Watergate Rd #W5220C7,
Indianapolis, IN 46224
$665 - $1,199/moStudio-2 Beds1-2 BathsParkway Apartments | 3707 N Meridian St #ba283824c,
Indianapolis, IN 46208
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.
| Month | Average 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 |
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 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | — | $1,800 | $1,845 | $2,295 | $1,845 |
| Apartments and Condos | — | — | — | — | $850 |
| Houses | — | $1,800 | $1,845 | $2,295 | $1,845 |
Frequently Asked Questions about Rentals in Monrovia, IN
- What is the average rent in Monrovia, IN?The average rent in Monrovia, IN is $1,800. Rent prices range from $850 to as much as $2,295, depending on the type of rental.
- How does the rent in Monrovia, IN compare to the national average?Average rent in Monrovia, IN is about 6% lower than the national average rent of $1,910. That means it is less expensive to rent in Monrovia compared to the U.S. average.
- What is the average rent in Monrovia, IN, by number of bedrooms?The average rent in Monrovia, IN is $850 for a studio, $ for a 1 bedroom, $1,800 for a 2 bedroom, $1,759 for a 3 bedroom, and $2,295 for a 4 bedroom.
- How have rent prices in Monrovia, IN changed compared to last year?In the past year, the average rent price in Monrovia, IN has decreased by $99. That means the average rent is 6% lower than last year.
- 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.