What is the average rent of an apartment in Monticello, IN?

The average rent of an apartment in Monticello, IN is $1,095 per month. This is about 44% lower than the national average.

What are the cheapest months to find an apartment to rent in Monticello, IN?

Last year, the cheapest month to find an apartment to rent was Jul 2025 when it was $850 per month.

There are 4 apartments to rent that are cheaper than the city’s average rent of $1,200.

In the last year, the average rent in Monticello, IN was highest in Sep 2025 when it was $1,795 per month.

Monticello, IN includes zip codes such as: 47960 , 47925 .

Some nearby cities include: Idaville , Burnettsville , Yeoman , Reynolds , Monon . These cities may have more rental options to explore.

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NEW - 1 DAY AGO
APPLY INSTANTLY
$900/mo
2 Beds
1 Bath
109 S Woodland Trl #109,
Monticello, IN 47960
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INCOME RESTRICTED
$1,027 - $1,224/mo
2-3 Beds
1-2 Baths
Canterbury House - Monticello | 1101 Foxwood Ct,
Monticello, IN 47960
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APPLY INSTANTLY
FURNISHED
$1,100/mo
1 Bed
1 Bath
720 sqft
Address Not Disclosed,
Monticello, IN 47960
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$1,200/mo
2 Beds
2 Baths
6568 E Riverview Rd #B,
Monticello, IN 47960
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$1,300/mo
3 Beds
1 Bath
1,008 sqft
535 Beechwood Dr,
Monticello, IN 47960
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PET FRIENDLY
$1,350/mo
2 Beds
1 Bath
5925 E 200 N #1,
Monticello, IN 47960
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APPLY INSTANTLY
FURNISHED
$1,500/mo
3 Beds
1 Bath
1,377 sqft
Address Not Disclosed,
Monticello, IN 47960
FURNISHED
$3,000/mo
2 Beds
1 Bath
1,416 sqft
6555 N 1225 W,
Monticello, IN 47960
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Apartments For Rent Near Monticello, IN

Rent in Monticello, IN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.

Average rent decreased in Sep 2026 compared to the previous month. Rent previously peaked in Sep 2025.

View as a graph

In September 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	$1,100	$1,200	$1,300	—	$1,200
Apartments and Condos	—	$945	—	—	$945
Houses	$1,100	$3,000	$1,300	—	$1,300

What is the average rent of an apartment in Monticello, IN?
The average rent of an apartment in Monticello, IN is $1,095 per month. This is about 44% lower than the national average.
What are the cheapest months to find an apartment to rent in Monticello, IN?
Last year, the cheapest month to find an apartment to rent was Jul 2025 when it was $850 per month.
How many cheap apartments are available in Monticello, IN?
There are 4 apartments to rent that are cheaper than the city’s average rent of $1,200.
When is the average rent most expensive in Monticello, IN?
In the last year, the average rent in Monticello, IN was highest in Sep 2025 when it was $1,795 per month.
What are some zip codes in Monticello, IN?
Monticello, IN includes zip codes such as: 47960, 47925.
What are some cities near Monticello, IN?
Some nearby cities include: Idaville, Burnettsville, Yeoman, Reynolds, Monon. These cities may have more rental options to explore.