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Newest Homes for Rent in Monticello, IN

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  • 518 E South St Unit 518, Monticello, IN 47960
    518 E South St Unit 518, Monticello, IN 47960
    518 E South St Unit 518, Monticello, IN 47960
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    $1,400

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 1,100 Sq Ft
    • Condo for Rent

    518 E South St Unit 518, Monticello, IN 47960

    Nice clean quiet location in a convenient location in Monticello…. 1st and last months rent and 500 dollar deposit due at signing …. 1 year minimum lease …. Lawn mowing and lawn maintenance is included with the rent …. Tenant pays for water electric and gas …. No pets

    518 E South St Unit 518, Monticello, IN 47960
  • 103 N Beach Dr Unit 103, Monticello, IN 47960
    103 N Beach Dr Unit 103, Monticello, IN 47960
    103 N Beach Dr Unit 103, Monticello, IN 47960
    /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
  • 436 Lamplighter Ln, Monticello, IN 47960
    436 Lamplighter Ln, Monticello, IN 47960
    436 Lamplighter Ln, 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
  • 216 Heritage Rd, Monticello, IN 47960
    216 Heritage Rd, Monticello, IN 47960
    216 Heritage Rd, Monticello, IN 47960
    /10

    $1,300

    Total Monthly Price

    • 3 Beds
    • 1 Bath
    • 936 Sq Ft
    • House for Rent

    216 Heritage Rd, Monticello, IN 47960

    This 3 bedroom 1 bath home is in a quiet neighborhood on the edge of town and features a washer and dryer and a gas oven!

    216 Heritage Rd, Monticello, IN 47960
  • 1102 Bluewater Dr Unit C, Monticello, IN 47960
    1102 Bluewater Dr Unit C, Monticello, IN 47960
    1102 Bluewater Dr Unit C, 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
Indiana White County

Newest Homes for Rent in Monticello, IN

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 $1,100 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while townhouses and single-family homes 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 $44,000 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 $1,100 per month in Monticello, IN, renters typically need to show $3,300 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 15.5, 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 5 homes available for rent in Monticello, IN. The median rent is $1,100 per month, with single-family homes renting at $1,350, townhouses at $900 and condos at $875.

Rental Home Trends

Number of Homes for Rent
5
Median Rent
$1,100
Median Single Family Home Rent
$1,350
Median Townhouse Rent
$900
Median Condo Rent
$875
How to Rent a Home

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