Homes For Rent in Monroe County, IN

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What to Know About

Life in Monroe County & Beyond

Monroe County shares many of the great qualities that make Indiana a desirable place to live.

Indiana is where the past meets the present, and the great outdoors is right at your fingertips. Get to know the rich cultural heritage of this Midwestern gem by visiting incredible museums like the Eiteljorg Museum of American Indians and Western Art, or check out the top universities like Purdue University and Indiana University. Indiana is a hub of economic activity, with its thriving manufacturing, agriculture, and transportation industries.

The state also offers plenty of opportunities for those seeking adventure and excitement. From exploring the beautiful state parks to fishing in its many lakes and rivers, Indiana is a nature-lovers paradise from the Hoosier National Forest to the Ohio River. And for sports fans, check out the Indianapolis Colts (NFL) and Indiana Pacers (NBA) or catch a game at universities like Purdue or Indiana. In addition, discover famous attractions like the Indianapolis Motor Speedway, home of the world-famous Indianapolis 500 race, the Children's Museum of Indianapolis, and the historic town of Brown County.

With its strong economy, quality education, and lively atmosphere, Indiana is the perfect place to live.

Rental Market Trends

Monroe County, IN

As of March 2025, Monroe County's rental market is stable, offering a predictable rental market where most units lease within a few weeks. Monroe County's average rent is 26.0% ($337) higher than the Indiana average of $1,294 and 8.8% ($157) lower than the U.S. average of $1,788.

Average Rent
$1,631
Monthly ChangeMonth Over Month Change
Increased1.8% ($29)
Yearly ChangeYear Over Year Change
Increased5.4% ($84)
Avg. Days on MarketAverage Days on Market
50
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,240 Increased2.2% ($27) Decreased5.8% ($76)
2 Beds $1,754 Decreased1.7% ($31) Increased1.7% ($29)
3 Beds $2,794 Increased1% ($28) Increased21.5% ($495)
Cities within Monroe County Average Rent Avg. Rent vs. MonroeAverage Rent vs. Monroe County Avg. Days on MarketAverage Days on Market
Bloomington $1,632 Increased0.1% ($1) 51 days
Ellettsville $1,150 Decreased29.5% ($481) 51 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Monroe County Rental Market FAQs

Explore rental prices, market trends, and availability in Monroe County, IN.

The average rent in Monroe County, IN is $1,631 per month.
Homes in Monroe County typically rent for between $868 and $3,632 per month, with an average of $1,631 per month.
In Monroe County, the average rent for a 1-bedroom home is $1,240 per month, for a 2-bedroom home, $1,754 per month, and a 3-bedroom home is $2,794 per month.
The average rent in Monroe County is 8.8% ($157) lower than the national average of $1,788 per month.
The average rent in Monroe County has increased by 1.8% ($29) in the last month and increased by 5.4% ($84) over the past year.
The rental market in Monroe County, IN, is currently stable, offering a predictable rental market where most units lease within a few weeks.
In Monroe County, IN, the average rental stays on the market for approximately 50 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 497 rental properties available in Monroe County, IN.
Based on the current averages, a household would need an annual income of $70,160 to comfortably afford a 2-bedroom home in Monroe County.
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