Bedroom count
Property type
Last updated on July 22, 2026
Average rent in
Monticello, IN
Average rent in
Last updated on July 22, 2026
Bedroom count
Property type
Median rent
Median rent in Monticello
$1,729/mo
51%vs previous year
The average rent in Monticello is $1,729 per month as of July 2026. This is 11% below the national average rent, or $216 less per month.
average price per square foot
Total rentals
Available rentals in Monticello
15
for rent on Zumper.com as of July 2026
Rent price distribution
Share of Monticello rentals at each price point
Rent trends in Monticello, IN
Average rent prices in Monticello have decreased by 20% over the last month and have increased by 51% since last year.
Rent trends
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Compare rent prices in
Monticello, IN
Rent prices in Monticello vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Monticello is $1,200, whereas a house costs $1,812. 1-bedroom apartments in Monticello run $1,262 on average, while 2-bedroom apartments are $945.
Listings | ||||
|---|---|---|---|---|
Studio | $1,068 | 203% | - | |
1 bedroom | $1,256 | No Change | 5% | |
2 bedroom | $1,099 |  12% | 13% | |
3 bedroom | $1,850 | 8% | - | |
4 bedroom | $2,250 | No Change | - |
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Monticello, IN.
Listings | ||||
|---|---|---|---|---|
Apartments | $1,200 | 5% | No Change | |
Condos | $1,900 | - | - | |
Houses | $1,812 | 1% | No Change |
Studio
Average rent
$1,068
Last 30 days
203%
1 bedroom
Average rent
$1,256
Last year
5%
2 bedroom
Average rent
$1,099
Last 30 days
12%
Last year
13%
3 bedroom
Average rent
$1,850
Last 30 days
8%
4 bedroom
Average rent
$2,250
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Monticello, IN.
Apartments
Average rent
$1,200
Last 30 days
5%
Condos
Average rent
$1,900
Houses
Average rent
$1,812
Last 30 days
1%
The table above reflects average rent prices in Monticello, IN, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.
How does rent in Monticello, IN compare to other cities?
Compare median rent prices in Monticello and Chesterton by all bedroom counts and property types.
Monticello
11%lower than the national median
29%lower than the national median
Takeaway
The median rent for all rentals in Monticello, IN is 26% higher than the median rent in Chesterton, IN.
Average rent in nearby cities
Explore rent trends in neighboring markets
$1,375
13%$895
4%$1,200
2%$1,500
31%$1,232
1%$962
10%$1,175
46%$897
6%$1,125
14%$1,590
32%$995
13%$1,499
16%Discover rentals in Monticello, IN
5d+ ago
House for rent in Monticello
912 S Main St, Monticello, IN 47960
Studio
0 baths
$2,500
House for rent
5d+ ago
House for rent in Monticello
2 beds
1 bath
$1,010
House for rent
Available Jul 6
5d+ ago
House for rent in Monticello
912 S Main St, Monticello, IN 47960
Studio
0 baths
$2,500
House for rent
4d ago
6568 E Riverview Rd, Monticello, IN 47960
2 beds
1 bath
$1,200
Apartment for rent
5d+ ago
House for rent in Monticello
2 beds
1 bath
$1,010
House for rent
Available Jul 6
Stay up to date with rental market insights
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Frequently asked questions for Monticello, IN
Quick answers to common questions about the Monticello rental market.
How much is rent in Monticello?
The average rent in Monticello is $1,729 per month as of July 18, 2026.
Is rent up or down in Monticello?
Average rent prices in Monticello have decreased by 20% over the last month and have increased by 51% since last year.
How does Monticello rent compare to the national average?
Rent in Monticello is 11% below the national average, which means renters are paying approximately $216 less per month.
What salary do I need to afford rent in Monticello?
To comfortably afford rent in Monticello, you'd need to earn approximately $69,000/year, based on spending no more than 30% of your income on rent.
Methodology
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).