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Apartments for Rent in Indiana under $300 – 4 Rentals available

  • Apartment
    301 East Wayne Street, Kendallville, IN 46755
    • 1-2 Beds
    • 1 Bath
    (260) 226-9147
  • Apartment
    820 W 15Th Street, Muncie, IN 47302
    $185 - $600
    • 2 Beds
    • 1 Bath
    CEI Property Services, LLC
    Available Today!
    (260) 225-3952
  • Apartment
    1817 Chester Boulevard, Richmond, IN 47374
    $272 - $701
    • 1-3 Beds
    • 1 Bath
    Powers Properties Investments
    Available Today!
    (765) 993-0717

Popular Searches

Indiana Demographics

  • Total Population6,614,268
  • Female 3,258,133
    Male 3,356,135
  • Median Age40

Average Rent in Indiana

  • Indiana Average Rental Price, May 2019$874/mo

Indiana Apartment Rent Ranges

  • < $5003%
  • $501-$70026%
  • $701-$1,00048%
  • $1,001-$1,50019%
  • $1,501-$2,0003%
  • > $2,0001%

Indiana Rent Trends

Average Rent Jan / 2016 May / 2016 Sept / 2016 Jan / 2017 May / 2017 Sept / 2017 Jan / 2018 May / 2018 May / 2019
Indiana $795 $807 $815 $824 $835 $841 $848 $849 $874
National $1,290 $1,319 $1,334 $1,329 $1,354 $1,366 $1,366 $1,381 $1,396
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Indiana Households

  • Total Number of Households2,537,189
  • Family 1,664,130
    Non-family 873,059
  • Children 803,968
    No Children 1,733,221
  • Average People Per Household2.56
  • Median Household Income$52,825
  • Median Housing Costs Per Month$745

Indiana Education Statistics

  • No High School4%
  • Some High School41%
  • Some College25%
  • Associate Degree8%
  • Bachelor Degree15%
  • Graduate Degree8%

Renting apartments in Indiana under $400

Searching for apartments for rent in Indiana under $400 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RENTCafé can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away. In Indiana, where the average rent is $530 per month, there are 10 units available for less than $400. Click on any of these units to see pictures, floor plans, amenities and more. After you have picked your favorite, you can contact the property to check availability. Considering that you are trying to spend as little as possible, looking at 1 bedroom apartments and studio apartments might be a good idea.

We’ll help you find the cheapest rental near you

Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $400” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in Indiana. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition. With the cheapest apartments in Indiana going for $272 per month, there are great deals waiting to be discovered. Feeling lucky? Expand your search to 2 bedroom apartments and 3 bedroom apartments as well for more space.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!