Monrovia, IN rental market
What is the average rent in Monrovia, IN?
Last updated December 8, 2025
Rental market summary
The average rent for all bedrooms and all property types in Monrovia, IN is $1,732.
$1,732
-$180
-$368
3
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $795 to $1,990.
| Rent price | Number of rental properties |
|---|---|
| $700 | 1 |
| $1,700 | 1 |
| $1,900+ | 1 |
Average rent price over time
In the last year, rent has decreased by $368 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $1,575 | $2,100 |
| Feb | $1,550 | $1,773 |
| Mar | $2,045 | $1,900 |
| Apr | $1,799 | $2,100 |
| May | $2,270 | $1,899 |
| Jun | $1,917 | $1,750 |
| Jul | $1,200 | $2,095 |
| Aug | $2,090 | $1,865 |
| Sep | $1,053 | $1,975 |
| Oct | $995 | $2,000 |
| Nov | $1,950 | $1,837 |
| Dec | $2,100 | $1,800 |
Market temperature
The Monrovia, IN rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Monrovia, IN is 13% lower than the national average.
$1,732
$2,000
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Frequently asked questions
1. What is the average rent in Monrovia, IN?
The average rent in Monrovia, IN is $1,732.
2. What is the average rent for a one-bedroom apartment in Monrovia, IN?
The average rent for a one-bedroom apartment in Monrovia, IN is $795 per month.
3. What is the average rent for a three-bedroom apartment in Monrovia, IN?
The average rent for a three-bedroom apartment in Monrovia, IN is $1,732 per month.
4. How much does it cost to rent a house in Monrovia, IN?
Houses in Monrovia, IN rent between $795 - $1,990 with an average rent of $1,732.
5. How has the rent in Monrovia, IN changed in the last year?
In the last year, the rent in Monrovia, IN decreased by $368
6. How much has the rent in Monrovia, IN increased/decreased in the last month?
In the last month, the rent in Monrovia, IN decreased by $180
7. How many available rentals are there in Monrovia, IN?
There are currently 3 rentals available in Monrovia, IN.
8. How do rent prices in Monrovia, IN compare with the national average?
The average rent in Monrovia, IN is $1,732 — 13.4% lower the national average of $2,000.