Renter Resources
Don't Sign the Lease Until You Understand These Clauses
One word in your lease can cost you hundreds or save you from a nightmare. Here's how to turn legalese into clear decisions before you sign.
•10 min read
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 August 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 37.9% ($473) higher than the Indiana average of $1,247 and 3.9% ($70) lower than the U.S. average of $1,790.
Average Rent
$1,720
Monthly ChangeMonth Over Month Change
8.9% ($140)
Yearly ChangeYear Over Year Change
11% ($171)
Avg. Days on MarketAverage Days on Market
50
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,155 | 1.1% ($13) | 0.1% ($1) |
| 2 Beds | $1,739 | 1.3% ($22) | 7.8% ($126) |
| 3 Beds | $2,887 | 3.3% ($92) | 21.6% ($513) |
| Cities within Monroe County | Average Rent | Avg. Rent vs. MonroeAverage Rent vs. Monroe County | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Bloomington | $1,724 | 0.2% ($4) | 51 days |
| Ellettsville | $1,022 | 40.6% ($698) | 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 $1,720 per month.
Homes in Monroe County typically rent for between $809 and $3,753 per month, with an average of $1,720 per month.
In Monroe County, the average rent for a 1-bedroom home is $1,155 per month, for a 2-bedroom home, $1,739 per month, and a 3-bedroom home is $2,887 per month.
The average rent in Monroe County is 3.9% ($70) lower than the national average of $1,790 per month.
The average rent in Monroe County has increased by 8.9% ($140) in the last month and increased by 11.0% ($171) 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 349 rental properties available in Monroe County, IN.
Based on the current averages, a household would need an annual income of $69,560 to comfortably afford a 2-bedroom home in Monroe County.
