Bedroom count
Property type
Last updated on September 5, 2026
Average rent in
Monticello, IN
Average rent in
Last updated on September 5, 2026
Bedroom count
Property type
Median rent
Median rent in Monticello
$1,300/mo
57%vs previous year
The average rent in Monticello is $1,300 per month as of August 2026. This is 32% below the national average rent, or $610 less per month.
average price per square foot
Total rentals
Available rentals in Monticello
12
for rent on Zumper.com as of August 2026
Rent price distribution
Share of Monticello rentals at each price point
This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Monticello, IN, in the last 30 days, rent estimates may not represent the actual market.
Rent trends in Monticello, IN
Average rent prices in Monticello have remained the same over the last month and have decreased by 57% 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 $1,180, whereas a house costs $1,847. 1-bedroom apartments in Monticello run $1,246 on average, while 2-bedroom apartments are $1,160.
Listings | ||||
|---|---|---|---|---|
Studio | $1,088 | 45% | - | |
1 bedroom | $1,215 | 7% | - | |
2 bedroom | $1,225 |  12% | - | |
3 bedroom | $1,795 | 8% | - | |
4 bedroom | $3,500 | No Change | 14% |
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 | $1,180 | 11% | No Change | |
Condos | $1,875 | - | - | |
Houses | $1,847 | 27% | No Change |
Studio
Average rent
$1,088
Last 30 days
45%
1 bedroom
Average rent
$1,215
Last 30 days
7%
2 bedroom
Average rent
$1,225
Last 30 days
12%
3 bedroom
Average rent
$1,795
Last 30 days
8%
4 bedroom
Average rent
$3,500
Last year
14%
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
$1,180
Last 30 days
11%
Condos
Average rent
$1,875
Houses
Average rent
$1,847
Last 30 days
27%
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
32%lower than the national median
28%lower than the national median
Takeaway
The median rent for all rentals in Monticello, IN is 5% lower than the median rent in Chesterton, IN.
Average rent in nearby cities
Explore rent trends in neighboring markets
$1,375
7%$890
1%$1,179
3%$1,475
19%$1,345
8%$1,000
18%$995
118%$970
18%$1,185
34%$2,400
16%$1,175
7%$1,408
8%Discover rentals in Monticello, IN
3d ago
713 E Ohio St, Monticello, IN 47960
2 beds
1 bath
$945
Apartment for rent
15h ago
6568 E Riverview Rd, Monticello, IN 47960
2 beds
1 bath
$1,200
Apartment for rent
20h ago
5925 E 200 N, Monticello, IN 47960
2 beds
1 bath
$1,350
Apartment for rent
5d+ ago
House for rent in Monticello
116 Constitution Plz, Monticello, IN 47960
Studio
0 baths
$1,250
House for rent
20h ago
5925 E 200 N, Monticello, IN 47960
2 beds
1 bath
$1,350
Apartment for rent
5d+ ago
House for rent in Monticello
116 Constitution Plz, Monticello, IN 47960
Studio
0 baths
$1,250
House for rent
15h ago
6568 E Riverview Rd, Monticello, IN 47960
2 beds
1 bath
$1,200
Apartment for rent
20h ago
5925 E 200 N, Monticello, IN 47960
2 beds
1 bath
$1,350
Apartment for rent
3d ago
713 E Ohio St, Monticello, IN 47960
2 beds
1 bath
$945
Apartment for rent
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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 $1,300 per month as of August 29, 2026.
Is rent up or down in Monticello?
Average rent prices in Monticello have remained the same over the last month and have decreased by 57% since last year.
How does Monticello rent compare to the national average?
Rent in Monticello is 32% below the national average, which means renters are paying approximately $610 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 $52,000/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).