Monticello, IN Homes for Rent

/7
$900

Total Monthly Price
- 2 Beds
- 1 Bath
- 821 Sq Ft
- Townhouse for Rent
103 N Beach Dr Unit 103, Monticello, IN 47960

This property at 103 N Beach Dr features 2 bedrooms and 1 bathroom within a total of 821 square feet. The living room offers ample space for relaxation and entertainment. Each bedroom provides a comfortable area for rest, with sufficient closet space. The bathroom is equipped with standard fixtures for everyday use. Amenities include air conditioning for climate control and washer/dryer hookups

103 N Beach Dr Unit 103, Monticello, IN 47960
/8
$875

Total Monthly Price
- 2 Beds
- 1 Bath
- 775 Sq Ft
- Condo for Rent
1102 Bluewater Dr Unit C, Monticello, IN 47960

This 2-bedroom, 1-bathroom property located at 1102 Bluewater Dr offers 775 square feet of living space. The living room provides a comfortable area for relaxation and features air conditioning for climate control. Each bedroom is adequately sized, suitable for various furniture arrangements. The bathroom is functional and includes essential fixtures. The property comes equipped with a washer and

1102 Bluewater Dr Unit C, Monticello, IN 47960
/14
$1,010 Per Month
- 2 Beds
- 1 Bath
- 1,144 Sq Ft
- House for Rent
436 Lamplighter Ln, Monticello, IN 47960

All in price with fees $1057.95Rent:$1010Resident Benefit Package:$33Residential liability Insurance $14.95This charming 2 bedroom 1 bath home is ready for new tenants. Close to the Tippy river and downtown Monticello. The home comes with a range and refrigerator, washer dryer hook ups and a 1 car attached garage. Pets are welcome (no hostile breeds). Tenant pays all

436 Lamplighter Ln, Monticello, IN 47960
/15
$1,010 Per Month
- 2 Beds
- 1 Bath
- 1,144 Sq Ft
- House for Rent
442 Lamplighter Ln, Monticello, IN 47960

All in price with fees $1057.95Rent:$1010Resident Benefit Package:$33Residential liability Insurance $14.95This charming 2 bedroom 1 bath home is ready for new tenants. Close to the Tippy river and downtown Monticello. The home comes with a range and refrigerator, washer dryer hook ups and a 1 car attached garage. Pets are welcome (no hostile breeds). Tenant pays all

442 Lamplighter Ln, Monticello, IN 47960

Indiana White County Monticello

Why Live in Monticello

Monticello, IN, offers a blend of lakefront living and small-town charm, attracting both year-round residents and summer tourists. The city is known for its high-end lake homes, ranging from traditional ranch-style to contemporary and cabin-inspired designs, often featuring outdoor decks and private docks. Inland, the housing market includes vintage Victorians, new constructions, and buildable lots. Monticello's attractions include the Indiana Beach Amusement & Water Park on Lake Shafer, which draws over a million visitors annually with roller coasters, water slides, and summer concerts. Outdoor activities like boating and fishing are popular on Lakes Shafer and Freeman, complemented by seven city-run parks, including Bluewater Beach Park. Dining options such as Oak and Barrel and Riverside Restaurant & Lounge offer diverse menus, with the latter providing waterfront seating. The Twin Lakes School Corporation offers early college opportunities through Advanced Placement courses and dual enrollment with Ivy Tech Community College. Monticello is conveniently located about 115 miles from Chicago and less than 90 miles from Indianapolis, with access via Interstate 65 and U.S. Route 24. Annual events like the Fourth of July fireworks, Monticello Spirit Festival, and a lighted Christmas parade foster a strong sense of community.

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Frequently Asked Questions

How much does it cost to rent a home in Monticello, IN?

The median rent for a home in Monticello, IN is $887 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while townhouses are currently more expensive.

How much do you need to make to afford rent in Monticello, IN?

To comfortably afford the median rent in Monticello, IN, a household needs to earn roughly $35,480 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $887 per month in Monticello, IN, renters typically need to show $2,661 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.

Is it more affordable to rent or buy in Monticello, IN?

In Monticello, IN, the price-to-rent ratio is 19.3, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Trends in Monticello, IN

There are currently 4 homes available for rent in Monticello, IN. The median rent is $887 per month, with townhouses at $900 and condos at $875.

Rental Home Trends

Number of Homes for Rent 4	Median Rent $887
Median Townhouse Rent $900	Median Condo Rent $875

How to Rent a Home

Rentals in Monticello

Monticello Apartments for Rent

Homes for Rent by Bedrooms in Monticello

2 Bedroom Homes for Rent in Monticello

Rentals by Price in Monticello

Monticello Rentals under $1,200

More About Living in Monticello

Homes for Rent in Nearby Cities

Homes for Rent in Nearby Counties

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