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Cheap Apartments for Rent in Indiana - 748 Rentals available

Apartments Under $300

Apartments Under $400

  • Apartment
    3833 Hoosier Woods Ct, Anderson, IN 46013
    $306 - $805
    • 1-4 Beds
    • 1-2 Baths
    (765) 642-4242
  • Apartment
    3615 Sherman Forest Drive, Indianapolis, IN 46205
    $359 - $999
    • Studio-4 Beds
    • 1-2.5 Baths
    (855) 736-8223

Apartments Under $500

  • Apartment
    317 Fosters Way, New Castle, IN 47362
    $426 - $700
    • 1-4 Beds
    • 1-2.5 Baths
    Available Today!
    (765) 593-9653
  • Apartment
    2329 Normandy Drive, Michigan City, IN 46360
    $450 - $620
    • Studio-2 Beds
    • 1 Bath
    (844) 308-1774
  • Apartment
    200 South Madison Street, Bloomington, IN 47404
    $455 - $595
    • Studio-1 Bed
    • 1 Bath
    CFC, Inc.
    (812) 339-1584
  • Apartment
    104 Country Place Dr., Edinburgh, IN 46124
    $458 - $573
    • 1-3 Beds
    • 1-2 Baths
    (812) 526-0322
  • Apartment
    4800 North Post Road, Indianapolis, IN 46226
    $464 - $619
    • 1-2 Beds
    • 1 Bath
    Available Today!
    (317) 898-3900
  • Apartment
    11023 Elmtree Park Drive, Indianapolis, IN 46229
    $475 - $575
    • Studio-2 Beds
    • 1-2 Baths
    (317) 947-4234
  • Apartment
    1534 East Dodge St., Kokomo, IN 46902
    • 1-2 Beds
    • 1 Bath
    (765) 457-8452
  • Apartment
    5505 Scarlet Drive, Indianapolis, IN 46224
    $482 - $1,131
    • Studio-3 Beds
    • 1 Bath
    (833) 354-1970
  • Apartment
    4312 Hickory Road, Mishawaka, IN 46545
    $485 - $720
    • Studio-2 Beds
    • 1 Bath
    (844) 869-0413
  • Apartment
    5984 Heathmoore Drive, Indianapolis, IN 46237
    $485 - $765
    • Studio-2 Beds
    • 1-2 Baths
    (317) 429-9767
  • Apartment
    6430 Maidstone Road, Indianapolis, IN 46254
    $485 - $1,104
    • Studio-3 Beds
    • 1-2 Baths
    (844) 445-8296
  • Apartment
    10101 E Montery Rd, Indianapolis, IN 46235
    $492 - $933
    • Studio-2 Beds
    • 1 Bath
    (833) 558-7461
  • Apartment
    859 Buchanan Street, Fort Wayne, IN 46803
    $495 - $700
    • 1-4 Beds
    • 1 Bath
    Oakland Management Corporation
    (844) 330-1038
  • Apartment
    6530 Covington Road, Fort Wayne, IN 46804
    • 1-3 Beds
    • 1-2 Baths
    (260) 432-2510x304
  • Apartment
    4049 N. Everett #A, Muncie, IN 47304
    $499 - $769
    • Studio-2 Beds
    • 1-2 Baths
    (765) 273-5551

Apartments Under $600

  • Apartment
    2729 Ridgewood Dr, Elkhart, IN 46517
    $500 - $960
    • Studio-3 Beds
    • 1-2 Baths
    (574) 294-7127
  • Apartment
    715 Clearview Drive, Greenwood, IN 46143
    $504 - $644
    • Studio-2 Beds
    • 1-2 Baths
    (317) 893-2185
  • Apartment
    8310 Bridgeway Boulevard, Fort Wayne, IN 46816
    $505 - $700
    • 1-2 Beds
    • 1-2 Baths
    (844) 679-8663
  • Apartment
    5549 Rosewood Commons Dr., Indianapolis, IN 46254
    $509 - $729
    • Studio-2 Beds
    • 1-2 Baths
    (317) 559-3832
  • Apartment
    3001 Bavarian Drive, Indianapolis, IN 46235
    $509 - $734
    • Studio-2 Beds
    • 1 Bath
    (844) 445-3963
  • Apartment
    2008 Woodhaven Dr., Fort Wayne, IN 46819
    $520 - $829
    • 1-3 Beds
    • 1-2 Baths
    (567) 510-0707
  • Apartment
    8026 Mcfarland Court, Indianapolis, IN 46227
    $524 - $884
    • Studio-2 Beds
    • 1-2 Baths
    (317) 559-3834

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, April 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 Apr / 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
/

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%

Looking for a cheap apartment for rent in Indiana? With RENTCafé, finding an affordable apartment in Indiana has never been easier. We feature 717 low-priced rentals directly from property managers, with rents lower than the Indiana average. What is a cheap rent in Indiana? The average apartment rent in Indiana is $874 per month so any rental south of $699 would be considered cheap here. On RENTCafé, Indiana rents go as low as $306/mo.

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