Rent in Monon, IN
A 2-bedroom in Monon, IN (ZIP 47959) typically rents for about $927 a month, with a range of $927–$1,134. Owner-occupied homes in White County pay about 0.54% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $848 | $848 | 1 |
| 1 bed | $544 | $544–$867 | 1 |
| 2 beds | $927 | $927–$1,134 | 1 |
| 3 beds | $897 | $897–$1,351 | 1 |
| 4 beds | $1,300 | $1,300–$1,490 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Monon ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Monon, IN?
- About $927 a month: the median of the typical rents in 1 ZIP code, which range from $927–$1,134. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Monon, IN?
- About $544 a month: the median of the typical rents in 1 ZIP code, which range from $544–$867. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Monon, IN?
- About $897 a month: the median of the typical rents in 1 ZIP code, which range from $897–$1,351. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Monon, IN?
- About $848 a month: the median of the typical rents in 1 ZIP code, which range from $848. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Monon, IN?
- About $1,300 a month: the median of the typical rents in 1 ZIP code, which range from $1,300–$1,490. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Monon, IN?
- Owner-occupied homes in White County pay a typical 0.54% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Monon rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).