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Apartments for Rent in Indiana under $400 – 7 Rentals available


Indiana Demographics

  • Total Population6,665,472
  • Female 3,284,618
    Male 3,380,854
  • Median Age40

Average Rent in Indiana

  • Indiana Average Rental Price, May 2021 $966 /mo

Indiana Apartment Rent Ranges

  • < $5001%
  • $501-$70016%
  • $701-$1,00048%
  • $1,001-$1,50030%
  • $1,501-$2,0004%
  • > $2,0001%

Indiana Rent Trends

Average Rent Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Nov / 2020 May / 2021
Indiana $848 $849 $874 $884 $905 $914 $924 $933 $953 $966
National $1,313 $1,344 $1,353 $1,358 $1,390 $1,397 $1,399 $1,390 $1,393 $1,407
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Indiana Households

  • Total Number of Households2,570,419
  • Family 1,663,199
    Non-family 907,220
  • Children 795,712
    No Children 1,774,707
  • Average People Per Household2.55
  • Median Household Income$56,402
  • Median Housing Costs Per Month$770

Indiana Education Statistics

  • No High School4%
  • Some High School44%
  • Some College27%
  • Associate Degree9%
  • Bachelor Degree17%

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 $422 per month, there are 7 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 $85 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!