Cheap Homes for Rent in Arcola, IN from $700 (8 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

Search the lowest-cost Homes available for rent right now in Arcola.

Arcola, IN Local Guide

Cheapest Available Arcola Apartments for Rent and Nearby

 

The cheapest available apartment rental in Arcola, IN is a Studio unit found at Fulton Manor - Utilities Included in the Southwest Fort Wayne neighborhood priced from $615. Poplar Ridge Apartments in the Southwest Fort Wayne neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $650. Here is today’s list of the most affordable Arcola apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Fulton Manor - Utilities IncludedStudioStudio,1BA$615
Poplar Ridge ApartmentsFlat ApartmentStudio,1BA$650
Garrison Flats1 Bedroom1BR,1BA$695

Best Value Apartments for Rent in Arcola, IN and Nearby

As of March 25, 2025 the best value apartment in the Arcola area is the $1.34 price per square foot Summerwood Model at Redwood Fort Wayne Wallen Road in the in the Northwest Fort Wayne neighborhood starting from $2,174. The second greatest value Arcola apartment is the 3 Bedroom Model at Homestead Townhomes starting at $1,799 with a $1.20 price per square foot in the Southwest Fort Wayne neighborhood. Here is today’s list of the best values for Arcola apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Redwood Fort Wayne Wallen RoadSummerwood2BR,2BA$1.34
Homestead Townhomes3 Bedroom3BR,2.5BA$1.20
Autumn Creek Apartment Homes2B2B-UPG2BR,2BA$1.20
Woodhaven OaksTippecanoe2BR,2BA$1.05
Coventry Court WestCoventry Court West- 1 Bed/ 1 Bath1BR,1BA$1.27
Liberty Mills ApartmentsOne Bedroom1BR,1BA$1.29
Brandy Chase Apartment Homes1BR1BR,1BA$1.36
Hickory Creek1 Bedroom Flat1BR,1BA$1.30
West Wind ApartmentsStandard One Bedroom1BR,1BA$1.42
Garrison Flats1 Bedroom1BR,1BA$1.42

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Arcola

What type of rentals are currently available in Arcola?

There are currently 42 Apartments for Rent in Arcola, IN with pricing that ranges from $525 to $4,863. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Arcola ranging from $725 to $4,200.

What is the current price range for Rental Homes in Arcola?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Arcola ranges from $725 to $4,200 with an average monthly rent of $1,653.

How much are larger Three and Four Bedroom Rentals in Arcola?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Arcola range from $1,125 to $4,863, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,499 to $2,250. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $1,800.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.